The global biodegradable mulch film market size was valued at USD 63.8 million in 2023. The market is projected to grow from USD 68.0 million in 2024 to USD 126.8 million by 2032 at a CAGR of 8.1% during the 2024-2032 forecast period. Asia Pacific dominated the biodegradable mulch film market with a market share of 35.89% in 2023.

Biodegradable Mulch Film (BDM) is a sustainable alternative to traditional plastic mulch, crafted from naturally decomposable raw materials. It offers similar benefits such as weed suppression, moisture retention, and improved soil temperatures while also breaking down into the soil at the end of the growing season. Growth in the consumption of agricultural produce globally is driving the demand for mulch films which can be easily decomposed in the soil. Biodegradable mulch films market size is set to gain traction as mulching has become a core foundation for growing vegetables, grains, fruits, flowers, and other various crops. Mulching has the ability to cover the soil which creates a promising environment for plant growth. These films have proven themselves to be a solid alternative to polyethylene films in the agriculture industry.

Fortune Business Insights presents this information in their report titled "Biodegradable Mulch Films Market, 2024–2032."

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List of Key Players Profiled:

• BASF SE (Germany)
• Kingfa Sci & Tech Co Ltd (China)
• BioBag International AS (Norway)
• Novamont AB (Italy)
• SOLOS POLYMERS PVT. LTD. (India)
• Ved Industries (India)
• Tilak Polypack (India)
• Olive Industries (India)
• Shanghai Yifu Packing Products Co., Ltd. (China)
• Balson Polyplast Private Limited. (India)

Segments:

Based on the material, the market is studied startch, PBAT (poly(butylene adipate-co-terephthalate)), PBS (polybutylene succinate), PLA (polylactic acid), cellulose, and others. PLA (polylactic acid) bags the leading share as they are highly stretchable and can be blended easily with vegetable waste. Easy decomposition makes this material a preferred one amongst the consumers.

On the basis of application, the market is segmented into fruits & vegetables, flowers & plants, grains & oilseeds. The fruits & vegetables leads the market share with escalated demand for consuming food products. Increase in the levels of disposable income of the population is also driving the demand for nutritious food.

From the regional ground, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.