The Yorkshire and Humber region has a large and thriving bioeconomy, which generates around £18 billion worth of goods and services a year and employs about 100,000 people. It is one of the best places in the world for innovation in the bioeconomy, with its outstanding combination of biobased research, industry and agriculture.
Businesses are supported by the largest professional services community outside of the capital, with bioeconomy experience across the financial, legal, accountancy and regulatory sectors. Transport links to the rest of the UK are excellent, as is access to international markets, via road, rail and air and the Humberside ports, which are the busiest in the UK.
Key facts about the region
- The region has over 14,000 businesses working in the bioeconomy.
- More than 450 chemical companies are based here, accounting for 10% of the UK’s chemistry-related activity.
- It has both one of Europe’s largest biomass-fuelled power stations at Drax and one of its largest bioethanol producers at Vivergo.
- The region has the largest concentration of food and drink businesses in the UK.
- It is home to over 11,000 agriculture, forestry and fishery enterprises.
- The Humber Ports are the busiest in the UK and the fourth busiest in Europe (by tonnage).