On Tuesday, June 17, 2025, at the event “the Bioeconomy for Competitiveness and Inclusion” held at the LUISS Guido Carli University in Rome, the Report “The Bioeconomy in Europe,” prepared by the Intesa Sanpaolo Research Department in collaboration with the SPRING Cluster, was presented.
After the opening by Mario Bonaccorso, Director of the SPRING Cluster, and institutional greetings by Stefano Manzocchi, Pro-rector for Research University LUISS Guido Carli, and Roberto Gabrielli – Intesa Sanpaolo Regional Director for Lazio and Abruzzo, Laura Campanini, Serena Fumagalli and Stefania Trenti, from the Intesa Sanpaolo Research Department, presented the main contents of the Report.
This was followed by a panel discussion featuring Claudio De Vincenti, Honorary President of the Merita Foundation and Luiss, Vito Grassi, CEO Graded SpA and ALuiss President, Giulia Gregori, Head of Corporate Strategy Implementation & Engagement Novamont, Amedeo Lepore, Full Professor of Economic History, and Luigi Galimberti, Federchimica – Assobiotec.
The Report is now in itseleventh edition and remains a point of reference for practitioners and policy makers, providing a quantification of the complex set of sectors that use raw materials of renewable organic origin and insights into developments in one of the pillars of the inevitable transition path toward more sustainable production and consumption patterns.
In 2024, the value of the output of the Bioeconomy, understood as the set of activities using raw materials of biological and renewable origin, stood at 3,042 billion euros in the EU27.
This is 8.7 percent of the total economy, employing more than 17 million people.
In Italy, the Bioeconomy generated an output of 426.8 billion euros in 2024, essentially stable compared to 2023 at current prices (-0.4 percent): a synthesis of the good performance of the agri-food supply chain and the decline recorded in some sectors of strong Italian specialization such as fashion, wood products and furniture.
The analysis of the European landscape shows a greater relevance of the Bioeconomy for the Mediterranean countries (10.3 percent) and in the Nordic countries (9.7 percent).
Sectoral detail shows that in all areas considered, the agribusiness supply chain accounts for more than half of the value of the Bioeconomy.
In the Bio-based Fashion System, countries in the Mediterranean area, influenced by Italy, stand out, while in the bio-based wood and furniture sectors, and in paper, Nordic countries emerge.