Markets, sustainability management and entrepreneurship

Abstract

This chapter takes a closer look at the global market for biobased products and resources and its interactions with agricultural and food markets. In particular, it describes the effect of increasing demand for biobased products on market prices and thus the quantity of agricultural resources demanded and supplied. Furthermore, we discuss factors that may drive or limit demand and supply of biobased products. We analyse the market for biobased resources and products, considering products that arealready established in the market, such as biofuels, as well as products that could acquire a substantial market acceptance in the future, such as bio-plastics. In addition, we briefly introduce selected policy instruments applied to support biobased products.