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Knowledge Centre for Bioeconomy

We enhance the knowledge base for policymaking on the bioeconomy.

Economy

Discover how the biomass producing and converting sectors contribute to the economy of the EU and its Member States!

  • Topic / Tool | Last updated: 22 Apr 2026
Bioeconomy Knowledge Centre

Brief me

Contribution of the bioeconomy to jobs and growth in the EU (2024).

  • In 2023, the biomass producing and converting sectors of the EU economy generated up to €863 billion in value added in the European Union (5.0% of the EU GDP).
  • 17.1 million jobs were created, accounting for 7.9% of total EU employment. While the number of jobs is similar to that of 2022, some bio-based manufacturing activities, such as bio-based chemicals, pharmaceuticals, plastics and rubber or the manufacture of food products and beverages, did show an increase in the number of persons employed.
  • Over the last years, the socioeconomic indicators of the bioeconomy have shown an increasing contribution to GDP and R&D expenditure, evincing the potential for fostering innovation, productivity and competitiveness.

 

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EU bioeconomy at a glance: Focus on economic value added, employment and innovation
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