Circular bio-economy is a significant approach to resolving global issues elevated by environmental pollution. The generation of bioenergy and biomaterials can withstand the energy-environment connection as well as substitute petroleum-based materials as the feed stock production, thereby contributing to a cleaner and low-carbon-safe environment. Open discarding of waste is a major cause of environmental pollution in developing and under developed countries. Agricultural bio-wastes are obtained through various biological sources and industrial processing, signifying a typical renewable source of energy with ample nutrients and readily biodegradable organic substances. These waste materials are competent to decompose under aerobic and anaerobic conditions. The projected global population, urbanization, economic development, and changing production and consumption behavior result in bounteous bio-waste production. These bio-wastes mainly contain starch, cellulose, protein, hemicellulose, and lipids, which can operate as low-cost raw materials to develop new value-added products. Thus, this review discussed specifically the agricultural waste and valorization processes used to convert this waste into value-added products (biofuel, enzymes, antibiotics, ethanol and single cell protein). These value added products are used in the supply chain and enhance the overall performance of agriculture waste management, execution of circular bio-economy has attained significant importance and it explains a closed-loop system in which the potential resources remain in the loop, allowing them to be sustained into a new value.