At present, renewable and biodegradable biocomposites materials have drawn much attention as promising green materials in different domains of application such as intelligent food packaging, biomedical and drug delivery, bio-membranes, automotive, as well as in industrial composting applications. The current review deals with the advances in preparation methods and technical applications of these biocomposites. Different biomass materials obtained from renewable resources such as coffee grounds (CG), nanocellulose and date stones are developed to be used as smart reinforcing agents in biodegradable biopolymers for improving their overall properties. Conversely, some drawbacks are associated with the use of lignocellulosic materials as reinforcing agents, especially their high humidity absorption, poor wettability, and incompatibility with most biopolymers. Thus, novel processing techniques and different aspects are proposed in this review to produce high performance lignocellulosic reinforced materials with better properties. Facial and green modification of organoclay (OC) by antibacterial natural rosin and stearic acid to obtain toxicity-free expanded OC is also discussed. Green modification using OC can also be used as compatibilizing and reinforcing material for different incompatible biopolymers such as chitosan, carboxy methyl cellulose (CMC) and polylactic acid (PLA). Ultimately, the future vision on the challenges and the environmental issues towards CO2 emission which is associated to the risk assessment of these bionanomaterials are also discussed.