A starch-based polymeric material comprising thermoplastic starch formed by converting at least one of native starch or a starch derivative into a thermoplastic starch melt at least in part by means of a hydrophobic biodegradable polymer that functions as a plasticizer for starch and that comprises at least one of an aliphatic polyester, a copolyester having aliphatic and aromatic blocks, a polyester amide, a polyester urethane, a polyethylene oxide polymer, or a polyglycol, wherein the thermoplastic starch is formed by heating and mixing the native starch or starch derivative with the biodegradable polymer in a manner so as to yield a thermoplastic starch melt that comprises less than about 5% water by weight based on the total weight of the polymeric material prior to cooling.