Overall turnover and employment of the bioeconomy and its bio-based industries in the EU-27 in 2019
The new nova-Institute’s market report commissioned by the Bio-based Industries Consortium (BIC) shows macroeconomic effects of the European Bioeconomy in the period from 2008 to 2019. Using data from Eurostat and, where required, nova-Institute’s estimated bio-based shares, turnover and employment numbers of the bioeconomic sectors have been calculated. Even though the latest numbers no longer include the UK, the EU’s bioeconomy turnover remained stable, which has resulted in an increase of around 25% since 2008.
This graphic shows the overall turnover and employment of the bioeconomy and its bio-based industries in the EU-27 in 2019.