Considering the effect of fast living, which contribus to mass production and consumption and thus to the creation of a large amount of waste, the concept of biowaste processing has received a lot of attention as a sustainable alternative in the production of renewable energy and products with added value. With the development of science and technology, various possibilites for waste management and processing are available. This paper will highlight contemporary biowaste management concepts and methods, pointing out the advantages and disadvantages of waste disposal. It will go through the efficiency of exploitation, aspects from other perspectives given the difficulties that mankind encounters. To prepare for the task, relevant academic and professional literature will be used. The goal of the paper is to provide an overview of current trends and future potential for the conversion of biowaste from different sources into valuable products. Through an example of good practice, one of the possible ways of managing biowaste, more precisely the composting process, will be covered in more detail.