New Report: In France, Germany, Italy and Spain the bioeconomy is worth €1,500 billion

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Former EU Commissioner Máire Geoghegan-Quinn speaks to delegates during the Bioeconomy conference in Dublin on February 14, 2013.

In 2021, the bioeconomy in EU4 (France, Germany, Italy and Spain) has reached a value of production of €1,500 billion, employing over 7 million people. Germany is confirmed as a leader with a value of €436.6 billion, then France (379.4 billion), Italy (364.3 billion) and Spain (251.5 billion). This is according a new Report realized by the Intesa Sanpaolo Research Department (Intesa Sanpaolo is one of the major banking group in Europe), in collaboration with Italian Circular Bioeconomy Cluster SPRING and Assobiotec, and today presented in Salerno (South Italy), which is dedicated to bioeconomy, which, in line with the definition of the European Commission, was defined as the set of activities using renewable natural resources to produce goods and energy, generating great advantages in terms of sustainability.

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