Biocomposites are blended materials of synthetic and natural origin with improved properties. As replacement of synthetic composite material, industrial application of biocomposite is increasing owing to sustainable and circular economy approach. Biocomposites are being blended with fire retatrdant materials for improvement in fire safety standards required in some specific applications. Blending of fire retardants weaken whole framework of biocomposite and flammable nature of organic constituent pose practicability issues. Various additives to control flammability has been studied. Challenges lies in development of biocomposite with acceptable fire safety along with robust structure attributes. Present work summarizes research and development in preparation of biocomposite with fire retardant properties.