*Estimated as of January 2024.
**Forecast based on a CAGR of 11.8 percent during the forecast phase 2024-2029.
This statistic has been assembled using several editions of the press release from the source.
In 2024, the global market value of PHA was estimated to be million U.S. dollars. This is expected to grow to almost *** million U.S. dollars by 2029 due to the increased global demand for biodegradable plastics. This growth is fueled by government policies and regulations against single use plastics, among other concerns about plastic waste. Polyhydroxyalkanoate (PHA) is a type of bioplastic that is produced in nature, but also manufactured by humans due to its relative sustainability as a plastic material.
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Market Data Forecast. (January 31, 2024). Market value of polyhydroxyalkanoate (PHA) worldwide in 2022, with a forecast for 2029 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 20, 2026, from /statistics/1010383/global-polyhydroxyalkanoate-market-size/
Market Data Forecast. "Market value of polyhydroxyalkanoate (PHA) worldwide in 2022, with a forecast for 2029 (in million U.S. dollars)." Chart. January 31, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 20, 2026. /statistics/1010383/global-polyhydroxyalkanoate-market-size/
Market Data Forecast. (2024). Market value of polyhydroxyalkanoate (PHA) worldwide in 2022, with a forecast for 2029 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 20, 2026. /statistics/1010383/global-polyhydroxyalkanoate-market-size/
Market Data Forecast. "Market Value of Polyhydroxyalkanoate (Pha) Worldwide in 2022, with a Forecast for 2029 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 Jan 2024, /statistics/1010383/global-polyhydroxyalkanoate-market-size/
Market Data Forecast, Market value of polyhydroxyalkanoate (PHA) worldwide in 2022, with a forecast for 2029 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1010383/global-polyhydroxyalkanoate-market-size/ (last visited July 20, 2026)
Market value of polyhydroxyalkanoate (PHA) worldwide in 2022, with a forecast for 2029 (in million U.S. dollars) [Graph], Market Data Forecast, January 31, 2024. [Online]. Available: /statistics/1010383/global-polyhydroxyalkanoate-market-size/
