Bioconversions are crucial for several reasons. Firstly, they provide a green alternative to traditional chemical catalysis, reducing the need for harsh chemicals and extreme conditions. This makes the process environmentally friendly and sustainable. Secondly, they offer high specificity, which minimizes the production of unwanted by-products and enhances yield. Lastly, bioconversions can be applied in various industries, including pharmaceuticals, agriculture, and biofuels, making them versatile and highly valuable.