Sarnia, Ontario – Agricultural innovation and diversification are critical steps to ensure Canadian farmers and Canadian families continue to grow and strengthen for the future. The Government is supporting innovation and diversification in key growth industries, including our agriculture and agri-food industry, and a focused, integrated priorities framework for Canada’s industrial bioproducts sector will leverage Canada’s innovation and commercialization capacity, contribute to mitigation of greenhouse gas (GHG) emissions and position Canada as a global leader in the innovation, manufacture, consumption and export of value-added bioproducts.
Today, the industry members of the Canadian Industrial Bioproducts Value Chain Roundtable (the “IBVCR”) released the 2017 Canadian Industrial Bioproducts Industry Priorities Paper. This paper was developed by industry members of the IBVRCT based on the Round Table’s strategic plan (2017 – 2019) and 2016/17 policy consultations across Canada, including:
Agriculture and Agri-Food Canada’s (AAFC) Canadian Agricultural Partnership policy framework (2018 – 2023)
Clean Growth and Climate Change
Clean Technology in the Natural Resource Sectors
The priorities cover four main market segments: biochemical, bioenergy, biofuels and biomaterials. The priorities focus on driving valuable knowledge-economy job creation and economic growth by leveraging Canada’s strong agriculture sector, scientific and commercial research capacity, highly educated population, and robust entrepreneurial communities.
Contributing industry members included good natured Products Inc., Ag-West Bio, BioAlliance, BIOENTERPRISE, Bioindustrial Innovation Canada, BIONB, BIOTECanada, Canadian Biogas Association, Composites Innovation Centre, CropLife Canada, Desai&Desai Inc., IGPC Ethanol Inc., Life Science Association of Manitoba, Natural Products Canada, Ontario Agri-Food Technologies, oilseed innovation partners, Renewable Industries Canada and Scenario.
“I would like to thank all industry members for their contribution to our report, said Murray McLaughlin, Industry Co-chair, Industrial Bioproducts Value Chain Roundtable. “The report outlines industry priorities that will help accelerate our leadership position in becoming the world leader in Bioproducts innovation, commercialization and consumption in Canada and globally.”
The global market for energy from biomass and biofuels is expected to grow from $203 billion in 2008 to $544 billion in 2020, and accounts for a rapidly increasing share of the total market for energy.
The portfolio of commercially available bio-based materials is experiencing rapid growth. For example, the bioplastics industry is forecast to grow at a compound annual growth rate (CAGR) of 14.8% to 2020 with packaging representing the most significant growth potential at 31.8% CAGR during the same period.
For more information contact:
Dr. Murray McLaughlin
Industry Co-chair Industrial Bioproducts Value Chain Roundtable