In the pursuit of establishing a sustainable biobased economy, valorization of lignocellulosic biomass is increasing its value as a feedstock. Nevertheless, to achieve the integrated biorefinery paradigm, the selective fractionation of its complex matrix to its single constituents must be complete. This review presents and examines the novel catalytic pathways to form furfuryl alcohol (FuOH) from xylose in a one-pot system. This production concept takes on chemical, thermochemical and biochemical transformations or a combination of them. Still, the bulk of the research is targeted to develop heterogeneous catalytic systems to synthesize FuOH from furfural and xylose. The present review includes an overview of the economic aspects to produce this platform chemical in an industrial manner. In the last section of this review, an outlook and summary of catalytic processes to produce FuOH are highlighted.