Press release
Biofuels Market Size to Grow from USD 121.23 Billion in 2025 to USD 252.12 Billion by 2031 | Cargill, Neste, Shell, Clariant
Biofuels Market Size & Share | Mordor Intelligence Reports
The Biofuels Market Size is witnessing steady expansion as countries and industries work toward lowering carbon emissions across transport and energy systems. According to Mordor Intelligence, the Biofuels Market was valued at USD 121.23 billion in 2025 and is estimated to reach USD 136.94 billion in 2026, with projections indicating it will grow to USD 252.12 billion by 2031 at a CAGR of 12.96% during the forecast period.
Unlock detailed segmentation, trends, and competitor analysis-click to learn more - https://www.mordorintelligence.com/industry-reports/biofuels-market?utm_source=openpr
The Biofuels Market Forecast remains positive as investments from energy companies and agricultural processors continue to expand production capacity. With policy clarity improving across major regions, the market is building a more stable foundation for long-term adoption.
Industry Leaders in the Biofuels Industry
>Abengoa Bioenergy SA
>Archer Daniels Midland Co.
>BP p.l.c.
>Cargill Inc.
>Chevron Renewable Energy Group Inc.
>Cosan S.A. / Raízen
>Eni S.p.A. (Eni Sustainable Mobility)
>Gevo Inc.
>Green Plains Inc.
>LanzaTech Global Inc.
>Neste Oyj
>POET LLC
>Petrobras
>Shell p.l.c.
>TotalEnergies SE
>Valero Energy Corp. (Diamond Green Diesel)
>Verbio Vereinigte BioEnergie AG
>Wilmar International Ltd.
>Aemetis Inc.
>Amyris Inc.
>Clariant AG
>Enerkem Inc.
>Pacific Ethanol (Alto Ingredients)
>Ørsted A/S (Power-to-X Bio-methanol)
>Pacific Biodiesel Technologies
Stay ahead of the curve with global and localized reports-now available with detailed coverage of the Japanese market - https://www.mordorintelligence.com/ja/industry-reports/biofuels-market?utm_source=openpr
Biofuels Segment Analysis
By Fuel Type
Bioethanol
Biodiesel
Renewable Diesel
Sustainable Aviation Fuel
By Generation
First-Generation Biofuels
Second-Generation Biofuels
Third-Generation Biofuels
Advanced and Emerging Pathways
By Feedstock
Sugar Crops
Starch Crops
Algae
Waste Oils and Residues
Animal Fats
By Technology
Fermentation
Trans-Esterification
Hydrotreatment
Gasification and Others
By End-Use
Road Transport
Aviation
Marine
Power Generation and Heating
By Geography
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Explore Our Full Library of Energy & Power Research Reports - https://www.mordorintelligence.com/market-analysis/energy-power?utm_source=openpr
Industry Dynamics Shaping the Biofuels Market Growth
Rising Transport Blending Mandates
Governments across Asia and South America are strengthening blending requirements, which is directly supporting Biofuels Market Growth. These policies are increasing demand for ethanol and biodiesel while encouraging domestic production and reducing dependence on fossil fuel imports.
Growing Demand for Sustainable Aviation Fuel
The aviation sector is becoming a key driver of Biofuels Market Trends. Airlines are entering long-term agreements to secure sustainable aviation fuel, as reducing emissions in air travel remains a priority. This shift is creating new revenue opportunities for producers focusing on advanced fuel technologies.
Policy Incentives Supporting Production
Tax credits and renewable fuel standards in regions such as North America and Europe are improving the economics of biofuel production. These incentives are helping bridge the cost gap between renewable fuels and conventional fuels, strengthening Biofuels Market Share across industries.
Explore more insights on Biofuels competitive landscape: https://www.mordorintelligence.com/industry-reports/biofuels-market/companies?utm_source=openpr
Conclusion:
The Biofuels Market is entering a phase of steady expansion supported by regulatory backing and increasing demand for low-carbon fuels. While road transport continues to dominate consumption, emerging applications in aviation and marine sectors are gradually reshaping demand patterns.
Overall, the Biofuels Market Forecast suggests a balanced growth trajectory, where sustainability goals, policy frameworks, and industry collaboration work together to expand the role of biofuels in the global energy mix.
Industry Related Reports:
Biofuel from Sugar Crops Market
The Biofuel from Sugar Crops Market is projected to grow at a CAGR of over 4% during the forecast period, supported by rising demand for renewable fuels and increasing adoption of ethanol derived from sugarcane and sugar beet. Government blending mandates and the push to reduce carbon emissions are further driving market expansion globally.
https://www.mordorintelligence.com/industry-reports/biofuel-from-sugar-crops-market?utm_source=openpr
Europe Advanced Biofuel Market
The Europe Advanced Biofuel Market is anticipated to register a CAGR of more than 4% during the forecast period, driven by stringent EU climate policies and growing investments in second-generation biofuels. Advancements in feedstock technologies and increasing focus on decarbonizing transport sectors are key growth factors.
https://www.mordorintelligence.com/industry-reports/europe-advanced-biofuel-market?utm_source=openpr
Europe Bioenergy Market
The Europe Bioenergy Market was valued at 47.5 GW in 2025 and is expected to grow from 49.69 GW in 2026 to 62.28 GW by 2031, at a CAGR of 4.62%. Growth is driven by rising renewable energy targets, increasing biomass utilization, and strong policy support for sustainable power generation across the region.
https://www.mordorintelligence.com/industry-reports/europe-bioenergy-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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