Bioeconomy
The bioeconomy is the part of the economy that uses renewable biological resources—such as crops, forests, and aquatic biomass—and related biotechnologies to produce food, energy, chemicals, materials, and services. It aims to substitute fossil resources with bio-based processes while promoting sustainable production and circularity.
Key components include agriculture, forestry, and fisheries; industrial biotechnology and biorefineries that convert biomass into biofuels,
Policies support the bioeconomy through national strategies, funding, and research infrastructure. In Europe, Asia, and the
Challenges include competition between food and non-food uses for biomass, land and water constraints, biodiversity impacts,
The bioeconomy is often discussed as part of a broader transition toward a circular and low-carbon economy,