Tropical crops are an important source of wealth in many countries. The current agribusiness model is based on the production of a final commodity, leading to the production of organic by-products (biowastes) that in many cases contain bioactive compounds with a potential added value. The exploitation of these by-products is the foundation of the circular economy that leads to the generation of greener bioprocesses for the industry with foreseeable economic improvements in production systems. This review aims to point out the idle opportunities of agricultural production systems and their associated biowastes to contribute to the establishment of a bioeconomy. Hence, the focus lies on five tropical extensive crops: coffee, oil palm, sugar cane, banana, and pineapple. This first part of the review explores agricultural wastes originated from the coffee and oil palm industrial process and is oriented on the potential use of these by-products as a starting material for the alternative obtention of chemicals, otherwise obtained from petrochemistry. The second part of the review focuses on prospective use of lignocellulosic rich biowaste that is derived from the industrialization of sugar cane, banana, and pineapple. A fundamental difference for the use of coffee biomass compared to other crops is the presence of numerous bioactive compounds that are not yet properly utilized, such as antioxidants (i.e., caffeic acid, chlorogenic acid, ferulic acid), as well as their possible use in the manufacture of products of interest in the cosmetic (i.e., quinic acid) or pharmaceutical industry (i.e., caffeic acid phenethyl ester). In the case of oil palm, its potential lies in obtaining chemicals such as glycerol and carotenoids, or in the bioenergy production.
