Polylactic acid (PLA), a bio-based plastic made from fermented plant sugars, is moving from a niche eco-material to a mainstream packaging polymer. According to Grand View Research, the global polylactic acid market was worth USD 1.9 billion in 2025. It is estimated at USD 2.3 billion in 2026 and is projected to reach USD 5.2 billion by 2033, a CAGR of 19.8% over 2026-2033.
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