| Authors |
Wagh, MS; Sowjanya, S; Nath, PC; Chakraborty, A; Amrit, R; Mishra, B; Mishra, AK; Mohanta, YK |
| Abstract |
In the quest for a sustainable future, the bio-economy and biorefineries have emerged as pivotal agents of transformation. This review paper offers an accessible and comprehensive exploration of the multifaceted bioeconomy landscape. Environmental concerns, resource scarcity, and the demand for renewable and bio-based products are the key drivers shaping this sustainable paradigm. Agriculture and agro-industry play an indispensable role, acting as the primary suppliers of the essential feedstock for biorefineries. They not only fuel the bio-economy but also foster sustainable farming practices and rural development, forming a mutually beneficial relationship. Biorefineries, the workhorses of the bio-economy, optimize resource usage, minimize waste, and produce a diverse range of bio-based products. Innovative biorefinery techniques are at the forefront, revolutionizing efficiency and expanding the array of feedstock's, thereby creating higher value-added derivatives. These value-added products, spanning biofuels, bio-plastics, and more, drive the market towards a greener and circular economy. The bio-economy's commitment to sustainability is evident through waste reduction and the promotion of circular economy principles. Policy, regulation, and market developments shape the bio-economy by promoting bio-based industries while favouring eco-friendly alternatives, creating a competitive and healthy ecosystem. While the bio-economy shows promise, it faces challenges. Optimizing conversion efficiency, discovering new feedstocks, and solving biorefinery environmental issues need technological breakthroughs and research. In summary, the bio-economy and biorefineries orchestrate a sustainable symphony, driven by environmental consciousness, rooted in agriculture, refined by innovative techniques, and harmonized by the production of bio-based products. The stage is set for a greener, more sustainable future. Bio-economy and biorefineries have become crucial drivers of transformation in the pursuit of a sustainable future. The review paper provides a thorough and easily understandable examination of the diverse bio-economy landscape. Environmental concerns, limited resources, and the need for biodegradable and renewable products are some of the main things that are shaping the sustainable paradigm. Agriculture and the agro-industry play a big role in this because they provide biorefineries with the feedstock they need. The bio-economy is not only fuelled by them, but they also contribute to sustainable farming practices and rural development, creating a mutually beneficial relationship. Biorefineries are the backbone of the bio-economy as they effectively utilize resources, minimize waste, and generate a wide array of bio-based products. At the forefront of innovation, biorefinery techniques are revolutionizing efficiency and expanding the range of feedstock's available. This, in turn, leads to the creation of higher -value derivatives and value-added products, such as biofuels and bioplastics, promoting a greener and more circular economy. The commitment of the bio-economy to sustainability is demonstrated through its efforts to reduce waste and promote the principles of a circular economy. Policy, regulation, and market developments impact the bio-economy by working together to support bio-based industries and encourage the use of eco-friendly alternatives. As a result, a competitive and healthy ecosystem is created. Although the bio-economy holds promise, it also encounters various challenges. Technological breakthroughs and research are necessary for optimizing conversion efficiency, discovering new feedstock's, and solving biorefinery environmental issues. In essence, a commitment to the environment guides how the bioeconomy and biorefineries collaborate in a sustainable manner by utilizing innovative methods to refine and produce bio-based products. This harmonious process creates a symphony of sustainability, paving the way for the dream of a greener, more sustainable future. |