The bioeconomy –understood as biomass production, biomass conversion into food, bio-based materials, and products (including bio-chemical ones) and bioenergy– generated EUR 728 billion of value added and employed 17.2 million people in the EU in 2021. This amounts to 5 % of the EU’s gross domestic product and 8.2 % of its employment (JRC 2022). This shows the growth potential of a regenerative bioeconomy that contributes to the EU’s competitiveness, strengthens its industrial base, f...
