Work

Towards sustainable business models in the circular bioeconomy: The case of bio-based fertilizers

Year: 2025

Type: article

Abstract: Bio-based fertilizers (BBFs) offer a sustainable solution to the environmental and economic challenges of conventional fertilizers by enhancing nutrient recycling and soil health, aligning with EU strategies. Despite the availability of frameworks like the Business Model Canvas (BMC), these models have not been comprehensively applied in the context of BBFs. This paper addresses this gap by using the BMC framework to provide a holistic overview of BBF business models, integrating economic, environmental, and social dimensions. A comprehensive literature review was conducted, focusing on studies examining specific aspects of BBF business models, including value proposition, value creation and delivery, and value capture. The analysis highlights key insights, such as BBFs’ potential to recycle waste, and enhance soil health, alongside challenges like nutrient variability and market adoption barriers. These findings support strategies for advancing sustainable circular bioeconomy practices, offering valuable guidance to stakeholders in the fertilizer and agricultural sectors.

Source: Bio-based and Applied Economics

DOI: 10.36253/bae-16752

Authors: Viktorija Jankuloska, Blagoja Mukanov, Angela Zhivachka, Jovana Milosavljeva, Mario Petkovski, Tanja Popovska

Language: English

Topic: Bioeconomy and Sustainability Development

Subfield: General Agricultural and Biological Sciences

Field: Agricultural and Biological Sciences

Domain: Life Sciences

SDGs: Responsible consumption and production, Zero hunger

Open Access status: diamond

Funders: European Commission, Bio-Based Industries Joint Undertaking, Horizon 2020 Framework Programme

Awards: Bio-based FERtilising products as the best practice for agricultural management SusTainability, G4937468798, G8671700171