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Latvia is one of the European Union (EU) Member States being rich in bioresources. In terms of agricultural land area per capita, Latvia ranks third in the EU, while in terms of forest area per capita, Latvia ranks fourth. Bioeconomy industries may be theoretically divided into several groups: primary biomass production; biomass processing by mainly bioresource-based industries; biomass processing by industries, the bioresources of which compete with other kinds of raw materials; recycling of bio-products and wate...