Abstract:
Over the last few years, there has been interest among researchers and experts in the circular bio economy (CBE) concept as a possible solution for addressing social, economic and environmental issues. However, there seems to be a lack of focus on bio economy initiatives within the food supply chains (FSCs). This study aims to bridge this gap by conducting a review of existing literature and identifying the key strategies involved in implementing the CBE in the FSC. In this study, an extended literature review about the strategies for implementing CBE in the FSC was organized. Based on field surveying and face-to-face interviewing in support of the total interpretive structural modeling (TISM) technique, a total of twelve strategies were concluded. In addition, Matriced Impact Croises Multiplication Applique (MICMAC) analysis was applied to discover the driving and dependence power of each strategy. After the analysis, it was determined that the crucial strategies were "government policies" and "collaborative networks." Moreover, the study is among the first to try to determine what strategies are available to utilize CBE in the FSC in Bangladesh.