The Report – compiled by Intesa Sanpaolo’s Research Department in collaboration with Cluster SPRING and SRM – is now in its twelfth edition and provides a quantification of the complex range of sectors that use renewable bio-based raw materials, which are increasingly crucial not only from the point of view of sustainability but also for Europe’s strategic autonomy. The bioeconomy represents one of the strategic pillars for the competitiveness, resilience and sustainability of Italy and Europe. Based on the responsible use of renewable biological resources, the circular bioeconomy integrates innovation, research and regenerative production models to transform waste and biomass into new products, materials and energy. In 2025, the sector generated a value of €433.3 billion in Italy, accounting for around 10 per cent of the national economy, with the agri-food sector as the main driver of growth.