Biodegradable Agricultural Mulch Film Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.2 Billion by 2030, growing at a CAGR of 10.2% from 2024 to 2030.
From 2023 to 2033, the demand for biodegradable agricultural mulch films is expected to see a substantial increase. The main driving factors include stricter environmental regulations, heightened consumer awareness about sustainability, and the continued adoption of precision farming technologies. Furthermore, government incentives and funding programs for sustainable farming practices will likely accelerate the market’s growth. Experts predict that emerging economies, especially in Asia-Pacific and Latin America, will play a pivotal role in driving the demand, as these regions face increasing pressures to improve crop yields while minimizing environmental footprints.
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The biodegradable agricultural mulch film market has experienced steady growth from 2018 to 2022, driven by an increasing shift towards sustainable agricultural practices. The demand for these films has been fueled by the need to reduce plastic pollution and enhance soil health. Biodegradable mulch films, typically made from plant-based polymers, have gained popularity as they offer a more eco-friendly alternative to traditional plastic mulch. These films decompose naturally, contributing to less environmental harm. In fact, the market saw significant advancements in material technologies and product innovation over these years, resulting in films that provide improved water retention, enhanced crop yield, and effective weed control. This trend is a clear reflection of the agricultural sector's growing commitment to sustainability.
BASF
Novamont
BioBag
Plastika Kritis
RKW Group
Sunplac
Iris Polymers
Kingfa
Biolegeen
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Biodegradable Agricultural Mulch Film Market
Fruits & Vegetables
Grains
Horticultural
Others
Based on Types the Market is categorized into Below types that held the largest Biodegradable Agricultural Mulch Film market share In 2023.
Starch-based
Starch Blend with PLA
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Biodegradable Agricultural Mulch Film Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Biodegradable Agricultural Mulch Film Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Biodegradable Agricultural Mulch Film Market, By Type
6. Global Biodegradable Agricultural Mulch Film Market, By Application
7. Global Biodegradable Agricultural Mulch Film Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Biodegradable Agricultural Mulch Film Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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