In the biobased economy, renewable raw materials replace fossil fuels. For example, sugar beet can be used as a base material for bioplastic, the leaves of agricultural crops can be used to make cladding panels, and specific plant constituents can be used in the manufacture of cosmetics, medicines or chemical substances. The main drivers of the Biobased Economy are achieving greater sustainability, creating economic opportunities for new products, the security of energy and raw materials, and improving agricultural economics.