The EU bioeconomy generates a value of around EUR 2.7 trillion.

Omissions

• The EUR 2.7 trillion figure refers to the year 2023, which the MEP did not specify in the claim.
• The Commission presents the figure as an upper bound ('up to EUR 2.7 trillion'); the JRC DataM estimate gives a range of EUR 1.9–2.7 trillion in value added depending on the definition of bioeconomy sectors.
• The claim uses 'creates a value', while the underlying official statistic is better described as turnover/value added of bioeconomy-relevant sectors, not a new annual value creation figure.

Sources

• PrimaryEuropean Commission — New plan to unlock the bioeconomy's potential (press release/news)It employs more than 17 million people (around 8% of EU jobs) and in 2023 had a value of €2.7 trillion.
• PrimaryEUR-Lex — European Commission Communication 52025DC0960 (EU Bioeconomy Strategy), Brussels, 27.11.2025With a value of up to EUR 2.7 trillion in 2023, the EU's bioeconomy is a dynamic driver for competitiveness and is of strategic importance.
• PrimaryEuropean Commission Joint Research Centre — DataM Bioeconomy data portalThe bioeconomy-relevant sectors generated EUR 1.9-2.7 trillion in value added (11-16% of EU's GDP) and created between 42 and 60 million jobs (19-28% of EU's total).