What is the bioeconomy?

The bioeconomy is the sustainable use of renewable biological resources and industry technologies, to produce bio-based products and services for societal, environmental and economic gain now and in the future.

The bioeconomy uses renewable biological resources sourced sustainably from land and sea such as crops, forestry, fisheries, aquaculture, micro-organisms and converts these resources and their processing by-products into value added biobased products including, but not limited to proteins, feed, fertilizers, plastics and energy.