This master thesis emphasizes implementing innovative biorefining technologies in existing kraft pulp mills for utilizing hemicelluloses into value-added starting materials for novel food additives and microencapsulation materials. Successful emergence is dependent on the techno-economic framework conditions for suppliers, buyers and investors and the support by governmental structures in Europe. This study compiles and assesses the promoted techno-economical development paths and the key constrain factors within the main stakeholder groups. In order to promote the most feasible business development strategy, this study combines several strategies and uses a Porter five forces-based expert survey to create a techno-economical feasible wood-biorefinery business strategy. A highly integrated pre-extraction step of hemicelluloses in already existing kraft pulp mills poses the most promising strategy. By establishing close partnerships, this new bioeconomy will gain competitive edge in the fields of cost sharing, technological and economical developments. The final recommended strategy provides guidance to establish long-term partnerships, which are able to ensure balanced power, and it creates the basis for communicating concrete objectives and taking action towards implementation. The overarching goal was bridging the gap between vision and project implementation by merging competences of potential stakeholders for achieving more efficient business solutions.