The global Biofuels market size was US$ 15260 million in 2024 and is forecast to a readjusted size of US$ 29600 million by 2031 with a CAGR of 10.1% during the forecast period 2025-2031.
Solid, liquid, or gaseous fuels that are produced from biomass are called biofuels. They are renewable and are good substitutes to fossil fuels. Most biofuels available in the market today are made from plants. They are often used as transportation fuels.
Certain plants are being cultivated specifically for biofuel production. In the U.S., switchgrass, soybeans, and corn are the major sources of biofuel. Brazil uses sugar cane while Europe processes sugar beet and wheat. Other agricultural products being processed into biofuels are cassava and sorghum in China, miscanthus and palm oil in Southeast Asia, and jatropha in India.
Examples of biofuels are biodiesel, bio-alcohols (bio-ethanol, biomethanol, biobutanol), biogas, syngas, and solid biofuels like wood, charcoal, and sawdust. Countries that have strongly promoted biofuel development and use include Brazil, the U.S., France, Sweden, and Germany.
The two most widely used types of biofuels are bio-alcohols and biodiesel, so this report mainly focuses on bio-ethanol and biodiesel.
United States is the largest Biofuels market with about 54% market share. South America is follower, accounting for about 28% market share. The key players are POET, Valero Energy, ADM, Neste, ¸é²¹Ã³ú±ð²Ô, Marathon Petroleum Corporation, Green Plains, Louis Dreyfus, The Andersons, Groupe Avril, Renewable Energy Group, COFCO Biotechnology, Cargill, Alto Ingredients, Ag Processing, RBF Port Neches, Caramuru Alimentos, Longyan Zhuoyue, Zhejiangjiaao Enprotech Stock, World Energy, etc. Top 5companies occupied about 22% market share.
There are many types of biofuels, including bioethanol, biodiesel, biogas, renewable methanol and sustainable aviation fuel. They can be produced from different raw materials, such as crop waste, forestry waste, urban domestic waste and livestock and poultry manure. The production and use of biofuels are encouraged and supported worldwide, and many countries have implemented relevant policies to promote their development.
In terms of application, biofuels can be widely used in the automotive, ship and aviation fields, replacing fossil energy such as oil and natural gas. Biofuel cells are also one of the research hotspots. They use enzymes or microorganisms as catalysts to convert chemical energy into electrical energy, and have the characteristics of wide raw materials and environmental friendliness.
Although biofuels have great development potential, they still face challenges in raw material supply and cost. For example, the supply and cost of raw materials, as well as the low output of new liquid biofuels and the small variety of products need to be solved. In addition, the application of biofuels in the shipping industry also faces challenges in raw material supply and aviation demand.
Overall, as a green and renewable energy source, biofuels play an increasingly important role in the global energy structure transformation and environmental protection. With technological advancement and policy support, the market value and application scope of biofuels are expected to expand further.
The global Biofuels market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Groupe Avril
Neste
ADM
Cargill
Green Plains
Valero Energy
Louis Dreyfus
Renewable Energy Group
RBF Port Neches
Ag Processing
Caramuru Alimentos
World Energy
POET
Marathon Petroleum Corporation
¸é²¹Ã³ú±ð²Ô
Alto Ingredients
The Andersons
COFCO Biotechnology
Longyan Zhuoyue
Zhejiangjiaao Enprotech Stock
By Type: (Dominant Segment vs High-Margin Innovation)
Bioethanol
Biodiesel
Others
By Application: (Core Demand Driver vs Emerging Opportunity)
Industrial Fuels
Transportation Fuels
Chemical Industry
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Groupe Avril in Europe)
- Emerging Product Trends: Bioethanol adoption vs. Biodiesel premiumization
- Demand-Side Dynamics: Industrial Fuels growth in China vs. Transportation Fuels potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Biofuels market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Biodiesel in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Transportation Fuels in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Biofuels value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Biofuels Product Scope
1.2 Biofuels by Type
1.2.1 Global Biofuels Sales by Type (2020 & 2024 & 2031)
1.2.2 Bioethanol
1.2.3 Biodiesel
1.2.4 Others
1.3 Biofuels by Application
1.3.1 Global Biofuels Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Industrial Fuels
1.3.3 Transportation Fuels
1.3.4 Chemical Industry
1.4 Global Biofuels Market Estimates and Forecasts (2020-2031)
1.4.1 Global Biofuels Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Biofuels Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Biofuels Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Biofuels Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Biofuels Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Biofuels Sales Market Share by Region (2020-2025)
2.2.2 Global Biofuels Revenue Market Share by Region (2020-2025)
2.3 Global Biofuels Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Biofuels Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Biofuels Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Biofuels Market Size and Prospective (2020-2031)
2.4.2 Europe Biofuels Market Size and Prospective (2020-2031)
2.4.3 China Biofuels Market Size and Prospective (2020-2031)
2.4.4 Japan Biofuels Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Biofuels Historic Market Review by Type (2020-2025)
3.1.1 Global Biofuels Sales by Type (2020-2025)
3.1.2 Global Biofuels Revenue by Type (2020-2025)
3.1.3 Global Biofuels Price by Type (2020-2025)
3.2 Global Biofuels Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Biofuels Sales Forecast by Type (2026-2031)
3.2.2 Global Biofuels Revenue Forecast by Type (2026-2031)
3.2.3 Global Biofuels Price Forecast by Type (2026-2031)
3.3 Different Types Biofuels Representative Players
4 Global Market Size by Application
4.1 Global Biofuels Historic Market Review by Application (2020-2025)
4.1.1 Global Biofuels Sales by Application (2020-2025)
4.1.2 Global Biofuels Revenue by Application (2020-2025)
4.1.3 Global Biofuels Price by Application (2020-2025)
4.2 Global Biofuels Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Biofuels Sales Forecast by Application (2026-2031)
4.2.2 Global Biofuels Revenue Forecast by Application (2026-2031)
4.2.3 Global Biofuels Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Biofuels Application
5 Competition Landscape by Players
5.1 Global Biofuels Sales by Players (2020-2025)
5.2 Global Top Biofuels Players by Revenue (2020-2025)
5.3 Global Biofuels Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Biofuels as of 2024)
5.4 Global Biofuels Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Biofuels, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Biofuels, Product Type & Application
5.7 Global Key Manufacturers of Biofuels, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Biofuels Sales by Company
6.1.1.1 North America Biofuels Sales by Company (2020-2025)
6.1.1.2 North America Biofuels Revenue by Company (2020-2025)
6.1.2 North America Biofuels Sales Breakdown by Type (2020-2025)
6.1.3 North America Biofuels Sales Breakdown by Application (2020-2025)
6.1.4 North America Biofuels Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Biofuels Sales by Company
6.2.1.1 Europe Biofuels Sales by Company (2020-2025)
6.2.1.2 Europe Biofuels Revenue by Company (2020-2025)
6.2.2 Europe Biofuels Sales Breakdown by Type (2020-2025)
6.2.3 Europe Biofuels Sales Breakdown by Application (2020-2025)
6.2.4 Europe Biofuels Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Biofuels Sales by Company
6.3.1.1 China Biofuels Sales by Company (2020-2025)
6.3.1.2 China Biofuels Revenue by Company (2020-2025)
6.3.2 China Biofuels Sales Breakdown by Type (2020-2025)
6.3.3 China Biofuels Sales Breakdown by Application (2020-2025)
6.3.4 China Biofuels Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Biofuels Sales by Company
6.4.1.1 Japan Biofuels Sales by Company (2020-2025)
6.4.1.2 Japan Biofuels Revenue by Company (2020-2025)
6.4.2 Japan Biofuels Sales Breakdown by Type (2020-2025)
6.4.3 Japan Biofuels Sales Breakdown by Application (2020-2025)
6.4.4 Japan Biofuels Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Groupe Avril
7.1.1 Groupe Avril Company Information
7.1.2 Groupe Avril Business Overview
7.1.3 Groupe Avril Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Groupe Avril Biofuels Products Offered
7.1.5 Groupe Avril Recent Development
7.2 Neste
7.2.1 Neste Company Information
7.2.2 Neste Business Overview
7.2.3 Neste Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Neste Biofuels Products Offered
7.2.5 Neste Recent Development
7.3 ADM
7.3.1 ADM Company Information
7.3.2 ADM Business Overview
7.3.3 ADM Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.3.4 ADM Biofuels Products Offered
7.3.5 ADM Recent Development
7.4 Cargill
7.4.1 Cargill Company Information
7.4.2 Cargill Business Overview
7.4.3 Cargill Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Cargill Biofuels Products Offered
7.4.5 Cargill Recent Development
7.5 Green Plains
7.5.1 Green Plains Company Information
7.5.2 Green Plains Business Overview
7.5.3 Green Plains Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Green Plains Biofuels Products Offered
7.5.5 Green Plains Recent Development
7.6 Valero Energy
7.6.1 Valero Energy Company Information
7.6.2 Valero Energy Business Overview
7.6.3 Valero Energy Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Valero Energy Biofuels Products Offered
7.6.5 Valero Energy Recent Development
7.7 Louis Dreyfus
7.7.1 Louis Dreyfus Company Information
7.7.2 Louis Dreyfus Business Overview
7.7.3 Louis Dreyfus Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Louis Dreyfus Biofuels Products Offered
7.7.5 Louis Dreyfus Recent Development
7.8 Renewable Energy Group
7.8.1 Renewable Energy Group Company Information
7.8.2 Renewable Energy Group Business Overview
7.8.3 Renewable Energy Group Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Renewable Energy Group Biofuels Products Offered
7.8.5 Renewable Energy Group Recent Development
7.9 RBF Port Neches
7.9.1 RBF Port Neches Company Information
7.9.2 RBF Port Neches Business Overview
7.9.3 RBF Port Neches Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.9.4 RBF Port Neches Biofuels Products Offered
7.9.5 RBF Port Neches Recent Development
7.10 Ag Processing
7.10.1 Ag Processing Company Information
7.10.2 Ag Processing Business Overview
7.10.3 Ag Processing Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Ag Processing Biofuels Products Offered
7.10.5 Ag Processing Recent Development
7.11 Caramuru Alimentos
7.11.1 Caramuru Alimentos Company Information
7.11.2 Caramuru Alimentos Business Overview
7.11.3 Caramuru Alimentos Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Caramuru Alimentos Biofuels Products Offered
7.11.5 Caramuru Alimentos Recent Development
7.12 World Energy
7.12.1 World Energy Company Information
7.12.2 World Energy Business Overview
7.12.3 World Energy Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.12.4 World Energy Biofuels Products Offered
7.12.5 World Energy Recent Development
7.13 POET
7.13.1 POET Company Information
7.13.2 POET Business Overview
7.13.3 POET Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.13.4 POET Biofuels Products Offered
7.13.5 POET Recent Development
7.14 Marathon Petroleum Corporation
7.14.1 Marathon Petroleum Corporation Company Information
7.14.2 Marathon Petroleum Corporation Business Overview
7.14.3 Marathon Petroleum Corporation Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Marathon Petroleum Corporation Biofuels Products Offered
7.14.5 Marathon Petroleum Corporation Recent Development
7.15 ¸é²¹Ã³ú±ð²Ô
7.15.1 ¸é²¹Ã³ú±ð²Ô Company Information
7.15.2 ¸é²¹Ã³ú±ð²Ô Business Overview
7.15.3 ¸é²¹Ã³ú±ð²Ô Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.15.4 ¸é²¹Ã³ú±ð²Ô Biofuels Products Offered
7.15.5 ¸é²¹Ã³ú±ð²Ô Recent Development
7.16 Alto Ingredients
7.16.1 Alto Ingredients Company Information
7.16.2 Alto Ingredients Business Overview
7.16.3 Alto Ingredients Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.16.4 Alto Ingredients Biofuels Products Offered
7.16.5 Alto Ingredients Recent Development
7.17 The Andersons
7.17.1 The Andersons Company Information
7.17.2 The Andersons Business Overview
7.17.3 The Andersons Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.17.4 The Andersons Biofuels Products Offered
7.17.5 The Andersons Recent Development
7.18 COFCO Biotechnology
7.18.1 COFCO Biotechnology Company Information
7.18.2 COFCO Biotechnology Business Overview
7.18.3 COFCO Biotechnology Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.18.4 COFCO Biotechnology Biofuels Products Offered
7.18.5 COFCO Biotechnology Recent Development
7.19 Longyan Zhuoyue
7.19.1 Longyan Zhuoyue Company Information
7.19.2 Longyan Zhuoyue Business Overview
7.19.3 Longyan Zhuoyue Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.19.4 Longyan Zhuoyue Biofuels Products Offered
7.19.5 Longyan Zhuoyue Recent Development
7.20 Zhejiangjiaao Enprotech Stock
7.20.1 Zhejiangjiaao Enprotech Stock Company Information
7.20.2 Zhejiangjiaao Enprotech Stock Business Overview
7.20.3 Zhejiangjiaao Enprotech Stock Biofuels Sales, Revenue and Gross Margin (2020-2025)
7.20.4 Zhejiangjiaao Enprotech Stock Biofuels Products Offered
7.20.5 Zhejiangjiaao Enprotech Stock Recent Development
8 Biofuels Manufacturing Cost Analysis
8.1 Biofuels Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Biofuels
8.4 Biofuels Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Biofuels Distributors List
9.3 Biofuels Customers
10 Biofuels Market Dynamics
10.1 Biofuels Industry Trends
10.2 Biofuels Market Drivers
10.3 Biofuels Market Challenges
10.4 Biofuels Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Groupe Avril
Neste
ADM
Cargill
Green Plains
Valero Energy
Louis Dreyfus
Renewable Energy Group
RBF Port Neches
Ag Processing
Caramuru Alimentos
World Energy
POET
Marathon Petroleum Corporation
¸é²¹Ã³ú±ð²Ô
Alto Ingredients
The Andersons
COFCO Biotechnology
Longyan Zhuoyue
Zhejiangjiaao Enprotech Stock
Ìý
Ìý
*If Applicable.
