A recent report estimates over $100 billion of the current global chemicals market, about 3%, are derived from either bio-based feedstock or fermentation or enzymatic conversion or combination of them. This report projected that the share of bio-derived chemicals would grow to about 15% of global chemical sales by 2025. A June 2009 study from the University of Utrecht, as shown in Figure 1, suggests that over 90 % of the global annual production of plastics is technically feasible for substitution by bioplastics. However, it will not be possible to exploit this technical substitution potential in the short to medium term.