Biobased products are materials, chemicals, and energy derived from renewable biological resources. Unlike conventional products sourced from petroleum and other fossil fuels, biobased products are typically made from plants, algae, and other organic matter. These products are environmentally friendly, sustainable, and often have a lower carbon footprint than their petroleum-based counterparts, playing a crucial role in reducing dependence on non-renewable resources and mitigating environmental impacts such as greenhouse gas emissions. Therefore, governments and organizations around the world are implementing regulations and certification schemes to promote biobased products. For example, in the United States, the USDA's BioPreferred Program certifies and promotes the use of biobased products through a distinctive labeling scheme. Today, from everyday items like bioplastics and biofuels to more specialized materials such as biolubricants and biochemicals, biobased products offer a sustainable alternative across a wide range of applications.