Global Bio-Plastics Market to Witness 28.8% CAGR from 2014 to 2020; Future Market Insights
Future Market Insights (FMI), in its latest report titled, "Global Bio-plastics Market Analysis and Opportunity Assessment, 2014–2020",estimates that the global bio-plastics market is expected to account for $43.8Bn by 2020, registering a CAGR of 28.8% during the forecast period. A growing beverage packaging industry,government support for adopting bio-based materials, and rising consumer acceptance for bio-plastics are expected to contribute to the growth of the global bio-plastic market over the forecast period.
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