The global biodegradable plastics market size valued USD 2.76 billion in 2020 and expected to reach USD 8.42 billion by 2027, at a CAGR of 19.2% during the forecast period 2021-2027. Factors such as customers shifting preferences towards eco-friendly plastic products, rising demand for biodegradable plastics in agricultural and packaging sectors are fuelling the growth of the market. However, high cost of biodegradable plastics compared to that of conventional plastics and lack of technology are restricting the market growth. This report studies global biodegradable plastics market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).