세계의 순환형 바이오이코노미 시장 예측(-2032년) : 원료별, 기술별, 용도별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Circular Bioeconomy Market is accounted for $195.4 billion in 2025 and is expected to reach $618.6 billion by 2032 growing at a CAGR of 17.9% during the forecast period. A circular bioeconomy is an economic model that integrates the principles of circularity with the sustainable use of biological resources. It emphasizes regenerating natural systems, minimizing waste, and transforming renewable biological materials-such as plants, animals, and organic waste-into food, energy, and biomaterials. Powered by renewable energy, it promotes biodiversity, ecosystem resilience, and low-carbon production. Unlike traditional linear economies, it keeps resources in use for as long as possible, ensuring they are reused, recycled, or biodegraded. This approach supports wellbeing, reduces environmental impact, and fosters innovation across agriculture, forestry, fisheries, and industries reliant on nature-based solutions.

Market Dynamics:

Driver:

Waste Reduction & Resource Efficiency

The circular bioeconomy thrives on minimizing waste and maximizing resource efficiency. By repurposing biological materials and organic waste into valuable products like bioenergy and biomaterials, this model reduces environmental degradation and conserves natural resources. It encourages closed-loop systems that regenerate ecosystems and reduce dependency on finite inputs. This driver is pivotal in shifting industries toward sustainable practices, lowering carbon footprints, and promoting long-term economic resilience through smarter resource utilization and waste valorization.

Restraint:

High Initial Investment

High initial investment significantly hampers the growth of the circular bioeconomy market by deterring startups and small enterprises from entering. It restricts innovation, delays infrastructure development, and limits scalability of sustainable technologies. Financial risk discourages stakeholders, while long payback periods reduce investor confidence. As a result, promising bio-based solutions struggle to gain traction, slowing the transition from linear to circular models and impeding environmental and economic sustainability goals.

Opportunity:

Technological Advancements

Technological innovation presents a major opportunity for the circular bioeconomy. Breakthroughs in biotechnology, AI-driven waste sorting, and bio-refining processes are revolutionizing how biological resources are transformed and reused. These advancements enhance efficiency, reduce costs, and open new avenues for sustainable product development. From precision agriculture to biodegradable packaging, tech-driven solutions are accelerating the shift toward circularity. Continued R&D and cross-sector collaboration will unlock scalable models that benefit both the economy and the environment.

Threat:

Limited Awareness & Adoption

Limited awareness and adoption significantly hinder the growth of the circular bioeconomy market. Without widespread understanding of its benefits, stakeholders remain hesitant to invest or transition from linear models. This slows innovation, policy development, and consumer demand for bio-based products. The lack of education and visibility creates fragmented implementation, reducing scalability and market momentum. As a result, promising technologies and sustainable practices struggle to gain traction, delaying environmental and economic progress.

Covid-19 Impact

The COVID-19 pandemic disrupted global supply chains and exposed vulnerabilities in traditional economic models, highlighting the need for resilient, sustainable systems like the circular bioeconomy. While initial lockdowns slowed production and investment, the crisis also accelerated interest in local sourcing, waste reduction, and bio-based solutions. Governments and industries began prioritizing green recovery strategies, creating new momentum for circular initiatives.

The bioenergy segment is expected to be the largest during the forecast period

The bioenergy segment is expected to account for the largest market share during the forecast period, due to its critical role in replacing fossil fuels with renewable alternatives. Derived from organic waste, agricultural residues, and biomass, bioenergy supports energy security and reduces greenhouse gas emissions. Its versatility-spanning electricity, heat, and transportation fuels-makes it a cornerstone of sustainable development. As countries ramp up decarbonization efforts, bioenergy's scalability and alignment with circular principles position it as a leading solution.

The waste management segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the waste management segment is predicted to witness the highest growth rate, due to rising demand for sustainable disposal and resource recovery. Innovations in composting, anaerobic digestion, and bio-based recycling are transforming waste into valuable inputs for energy and materials. Urbanization, stricter regulations, and public pressure to reduce landfill use further fuel growth. As circular bioeconomy models gain traction, waste management becomes a strategic enabler of closed-loop systems and environmental resilience.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to its vast agricultural base, rapid industrialization, and proactive government policies. Countries like China, India, and Japan are investing in bioenergy, sustainable agriculture, and green technologies. The region's population growth and environmental challenges create strong demand for circular solutions. With increasing infrastructure development and awareness, Asia Pacific is emerging as a global leader in bio-based innovation.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to technological innovation, strong regulatory frameworks, and rising consumer demand for sustainable products. The U.S. and Canada are advancing bio-based industries through strategic investments in renewable energy, waste valorization, and green manufacturing. Emphasis on climate action and circularity fosters rapid growth across sectors like bioenergy, bioplastics, and regenerative agriculture, positioning North America as a dynamic growth hub.

Key players in the market

Some of the key players profiled in the Circular Bioeconomy Market include Neste Corporation, IKEA Systems B.V., Novamont S.p.A., Renewable Energy Group, TotalEnergies Corbion, Clariant AG, UPM-Kymmene Oyj, NatureWorks LLC, BASF SE, Traceless Materials GmbH, DSM-Firmenich, Genomatica Inc., Danone S.A., LanzaTech Global Inc. and Veolia Environnement S.A.

Key Developments:

In September 2025, BASF is collaborating with Stargate Hydrogen, an Estonian electrolyzer manufacturer, to supply Ultrason(R) S, a high-performance thermoplastic used in the frames of alkaline water electrolyzers. This material replaces metals like nickel, making the stacks lighter and more durable. The partnership supports long operational lifespans and enhances the economic feasibility of green hydrogen production.

In September 2025, BASF unveiled a collaboration with Desma Schuhmaschinen GmbH to advance automated footwear manufacturing. They showcased sustainable polyurethane (PU) materials like Elastopan(R) SpringPURe and Elastollan(R) RC, which feature up to 100% recycled content. The partnership focuses on circularity, lightweight performance, and design flexibility in shoe production.

Feedstocks Covered:

• Agricultural Residues
• Forestry Biomass
• Organic Waste
• Algae and Aquatic Biomass
• Industrial Biowaste

Technologies Covered:

• Anaerobic Digestion
• Thermochemical Conversion
• Biochemical Conversion
• Biorefinery Platforms
• Carbon Capture & Utilization

Applications Covered:

• Bio-based Materials
• Bioenergy
• Food & Feed
• Chemicals & Pharmaceuticals
• Construction & Packaging

End Users Covered:

• Agriculture & Aquaculture
• Textiles & Fashion
• Energy & Utilities
• Waste Management
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Circular Bioeconomy Market, By Feedstock

• 5.1 Introduction
• 5.2 Agricultural Residues
• 5.3 Forestry Biomass
• 5.4 Organic Waste
• 5.5 Algae and Aquatic Biomass
• 5.6 Industrial Biowaste

6 Global Circular Bioeconomy Market, By Technology

• 6.1 Introduction
• 6.2 Anaerobic Digestion
• 6.3 Thermochemical Conversion
• 6.4 Biochemical Conversion
• 6.5 Biorefinery Platforms
• 6.6 Carbon Capture & Utilization

7 Global Circular Bioeconomy Market, By Application

• 7.1 Introduction
• 7.2 Bio-based Materials
  • 7.2.1 Bioplastics
  • 7.2.2 Biocomposites
• 7.3 Bioenergy
  • 7.3.1 Biogas
  • 7.3.2 Bioethanol & Biodiesel
• 7.4 Food & Feed
  • 7.4.1 Insect Protein
  • 7.4.2 Algae-based Nutrition
• 7.5 Chemicals & Pharmaceuticals
  • 7.5.1 Bulk & Specialty Bio-chemicals
  • 7.5.2 Bioactive Compounds
• 7.6 Construction & Packaging

8 Global Circular Bioeconomy Market, By End User

• 8.1 Introduction
• 8.2 Agriculture & Aquaculture
• 8.3 Textiles & Fashion
• 8.4 Energy & Utilities
• 8.5 Waste Management
• 8.6 Other End Users

9 Global Circular Bioeconomy Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Neste Corporation
• 11.2 IKEA Systems B.V.
• 11.3 Novamont S.p.A.
• 11.4 Renewable Energy Group
• 11.5 TotalEnergies Corbion
• 11.6 Clariant AG
• 11.7 UPM-Kymmene Oyj
• 11.8 NatureWorks LLC
• 11.9 BASF SE
• 11.10 Traceless Materials GmbH
• 11.11 DSM-Firmenich
• 11.12 Genomatica Inc.
• 11.13 Danone S.A.
• 11.14 LanzaTech Global Inc.
• 11.15 Veolia Environnement S.A.