India has imposed a ban on single-use plastics from July 1st 2022, covering items like straws, disposable cutlery, and earbuds, in a bid to reduce plastic waste. This significant move marks a shift towards sustainable alternatives, making it illegal to produce, import, stock, distribute, or sell 19 identified plastic items that have high potential to become litter. With consumers becoming more environmentally conscious, the biodegradable products market has gained tremendous traction. Aspiring entrepreneurs are now keen to explore biodegradable products business ideas to fill the void left by the single-use plastic ban.
The global market for biodegradable products has expanded significantly in the last five years, as individuals and businesses are adopting more sustainable practices. The demand for alternatives like biodegradable material for packaging and biodegradable drinking straws has surged, with governments and consumers pushing for eco-friendly solutions to reduce environmental impact. Below, we’ll explore the top 10 biodegradable products business ideas to help you get started.