Top 14 Biofuels Companies in Global 2025: Statistics View by Spherical Insights and Consulting
RELEASE DATE: Jul 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Introduction
The Global Biofuels Market Size is the sector that produces and consumes fuels made from organic resources such as plants, agricultural waste, and algae. It includes renewable fuels like ethanol, biodiesel, and biogas that are increasingly being utilized as alternatives to fossil fuels to reduce carbon emissions and promote sustainability. Japan is also advancing biofuel technology, with a concentration on algae-based fuels for greener mobility. The market is growing due to increased energy consumption, environmental concerns, and supporting regulations that encourage adoption in the transportation and industrial sectors globally.
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Biofuels Market Size & Statistics
- The market for Biofuels was estimated to be worth USD 110.73 Billion in 2024.
- The market is going to expand at a CAGR of 7.3 % between 2025 and 2035.
- The Global Biofuels Market Size is anticipated to reach USD 240.25 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Biofuels market.
- Europe is expected to grow the fastest during the forecast period in the Biofuels market.
Regional growth and demand
Europe is expected to grow the fastest during the forecast period in the biofuels market. Europe is anticipated to expand the fastest in the biofuels market during the forecast period, owing to strong governmental initiatives promoting renewable energy, aggressive decarbonization objectives, and significant investments in sustainable fuel technology. The European Union's policies encouraging advanced biofuels and reduced dependency on fossil fuels, together with growing usage in aviation and transportation, are significant growth drivers.
North America is expected to generate the highest demand during the forecast period in the biofuels market. North America is expected to generate the greatest demand for biofuels during the forecast period, owing to its well-established production infrastructure, favorable government regulations, and increased emphasis on energy security. The area, notably the United States, has a strong mix requirement and considerable ethanol and biodiesel production capacity. The rising environmental concerns and increased acceptance of biofuels in the transportation and aviation sectors are further boosting demand, which is backed by developments and investments in next-generation biofuel technology.
Top 10 Biofuels Trends
- Increased investment in advanced biofuels
- Focus on sustainable raw materials
- Technological advancements in production
- Government support and mandates
- Growing demand for Sustainable Aviation Fuel (SAF)
- Biofuel blending targets
- Expansion of bioenergy for heat and industrial applications
- Digital technologies optimizing biofuel production
- Rising biofuel prices and price volatility
- Regional market dynamics
1. Increased investment in advanced biofuels
Advanced biofuels made from non-food biomass such as algae, trash, or cellulosic material are gaining popularity due to their reduced carbon impact. Investors are increasingly financing R&D to improve production scalability and cost effectiveness. These biofuels are seen as critical for achieving global emission reduction objectives. As a result, businesses and governments prioritize investment to accelerate commercialization and integration into mainstream fuel supply chains.
2. Focus on sustainable raw materials
In order to prevent food-versus-fuel issues, the biofuels companies are moving toward the utilization of sustainable and non-food raw resources. Since they are widely available and have no effect on the environment, feedstocks including algae, used cooking oil, and agricultural waste are being encouraged. By recycling organic waste in the manufacture of fuel, this shift promotes a circular economy and helps lower greenhouse gas emissions and land degradation, all of which are in line with global sustainability goals.
3. Technological advancements in production
Advances in biofuel production technology are making it possible to convert biomass into fuels like ethanol, biodiesel, and biogas more effectively. Emergence of advanced fermentation, enzymatic hydrolysis, and gasification techniques is driving the yield with reduced prices. These developments facilitate the creation of drop-in fuels that may complement fossil fuels in a seamless manner and permit the use of a variety of feedstocks. For biofuels to become more financially feasible and to scale up production, technological advancement is essential.
4. Government support and mandates
Governments globally are promoting the use of biofuels by implementing laws, subsidies, and blending requirements. These include financing for bio-refineries, tax breaks, and renewable fuel criteria. Such rules are aimed at lowering dependency on fossil fuels, minimizing emissions, and boosting rural economies through feedstock supplies. Market stability, private investment, and the transition to cleaner transportation fuels are all accelerated by strong policy support.
5. Growing demand for Sustainable Aviation Fuel (SAF)
The market for biofuels is seeing significant expansion in the field of sustainable aviation fuel (SAF). SAF is being used by governments and airlines to lower the carbon footprint of the aviation sector and achieve net-zero emission objectives. If SAF is used instead of traditional jet fuel, lifecycle emissions are greatly reduced. The demand and manufacturing capacity for SAF are growing quickly worldwide due to growing airline obligations and regulatory pressure.
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Top 14 Companies Leading the Biofuels Market
- Archer Daniels Midland Company
- Green Plains Inc.
- Petrobras
- Valero Energy Corp.
- Alto Ingredients Inc.
- Gevo Butamax Advanced Biofuels LLC
- Wilmar International Ltd.
- Renewable Energy Group, Inc.
- Bunge North America, Inc.
- Royal Dutch Shell Plc
- CropEnergies AG
- Air Liquide
- Scandinavian Biogas Fuels International AB
- Abengoa
- Others
1. Archer Daniels Midland Company
Headquarters – Chicago, Illinois, United States
Archer Daniels Midland Company, a global biofuel company, has its headquarters in Chicago, Illinois, United States. In the domains of agriculture, nutrition, and bio-based solutions, Archer Daniels Midland (ADM) is a global leader. The company's production of biodiesel and ethanol, mostly from corn and oilseeds, contributes significantly to the biofuels industry. ADM can service both local and foreign fuel markets because of its integrated supply chain and sophisticated processing capabilities, which promote the use of renewable energy sources and the sustainability of agriculture.
2. Green Plains Inc.
Headquarters – Omaha, Nebraska, United States
The headquarters of Green Plains Inc. are located in Omaha, Nebraska, United States. Green Plains Inc. is a prominent biorefining firm that produces low-carbon biofuels and high-protein additives. It runs a number of ethanol facilities in the United States and is aggressively investing in novel technology to decrease emissions and increase efficiency. Green Plains is dedicated to converting renewable feedstocks into cleaner fuels and is a strong supporter of the transition to a more sustainable energy landscape.
3. Petrobras
Headquarters – Rio de Janeiro, Brazil
The headquarters of Petrobras are located in Rio de Janeiro, Brazil. Petrobras is Brazil's state-owned oil and gas firm with a growing position in the biofuels sector, notably ethanol and biodiesel. The firm contributes to Brazil's bioenergy policy by developing biofuel technology and encouraging the use of renewable fuels in transport. Its efforts are consistent with national aims of reducing carbon emissions and utilizing the country's substantial biomass resources for energy generation.
4. Valero Energy Corp.
Headquarters – San Antonio, Texas, United States
The headquarters of Valero Energy Corp. are located in San Antonio, Texas, United States. Valero Energy is a leading multinational producer of transportation fuels and petrochemical products. It is one of the world's leading renewable fuel producers, with considerable investments in ethanol and renewable diesel production. Valero's dedication to sustainability and innovation positions it as a vital participant in the rapidly expanding global biofuels business, particularly in satisfying clean fuel demand in North America and Europe.
5. Alto Ingredients Inc.
Headquarters – Sacramento, California, United States
The headquarters of Alto Ingredients Inc. are located in Sacramento, California, United States. Alto Ingredients Inc. manufactures unique alcohols and key components derived from maize. The corporation provides fuel-grade ethanol and plays an important role in promoting renewable fuels throughout the United States. Its emphasis on sustainable operations and cleaner fuel options indicates its dedication to environmental stewardship and lowering the carbon intensity of the transportation industry.
Are you ready to discover more about the biofuels market?
The report provides an in-depth analysis of the leading companies operating in the global biofuels market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Archer Daniels Midland Company
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Green Plains Inc.
- Petrobras
- Valero Energy Corp.
- Alto Ingredients Inc.
- Gevo Butamax Advanced Biofuels LLC
- Wilmar International Ltd.
- Renewable Energy Group, Inc.
- Bunge North America, Inc.
- Royal Dutch Shell Plc
- CropEnergies AG
- Air Liquide
- Scandinavian Biogas Fuels International AB
- Abengoa
- Others
Conclusion
The global biofuels sector is expected to expand significantly, owing to rising environmental concerns, increased demand for cleaner energy, and strong government regulations that favor renewable fuels. Technological developments in biofuel production, along with the need for energy independence, are driving market growth. As governments work to cut greenhouse gas emissions and move to low-carbon economies, biofuels provide a viable alternative to fossil fuels in the transportation, aviation, and industrial sectors. Furthermore, greater investment in second-generation biofuels and renewable feedstocks is projected to improve production efficiency and scalability. Overall, the biofuels sector would play an important part in the global energy transition.
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