European bioeconomy robust as bio-based industry turnover jumps to 780 billion EUR
The bio-based industries continue their ascent marking a total contribution of 780 billion EUR, a notable increase of 30 billion EUR (+ 4%) compared to 2017. This represents a more than 20% increase compared to 2008 which is the earliest data taken into account in this series of reports by nova-Institute. The first report of the series was first commissioned by the Bio-based Industries Consortium (BIC) in 2017.