The Global Bio-based PET Market is expected to grow by $ 11.46 bn during 2020-2024 progressing at a CAGR of 20% during the forecast period

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NEW YORK, Dec. 1, 2020 /PRNewswire/ --
Global Bio-based PET Market 2020-2024
The analyst has been monitoring the bio-based pet market and it is poised to grow by $ 11.46 bn during 2020-2024 progressing at a CAGR of 20% during the forecast period. Our reports on bio-based pet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand from carbonated soft drink (CSD) market and increased demand for environment-friendly and sustainable packaging solutions. In addition, increasing demand from the carbonated soft drink (CSD) market is anticipated to boost the growth of the market as well.
The bio-based pet market analysis includes the application segment and geographical landscapes.

The bio-based pet market is segmented as below:
By Application
• Bottles
• Others

By Geographical Landscapes
North America
South America

This study identifies the strategic alliances and collaborations as one of the prime reasons driving the bio-based pet market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our bio-based pet market covers the following areas:
• Bio-based pet market sizing
• Bio-based pet market forecast
• Bio-based pet market industry analysis

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