Global Starch-based Ethanol Market Size To Exceed USD 114.5 Billion By 2035 | CAGR of 6.28%
Category: Energy & PowerGlobal Starch-based Ethanol Market to Exceed USD 114.5 Billion by 2035
According to a research report published by Spherical Insights & Consulting, the Global Starch-based Ethanol Market Size is Expected to Grow from USD 58.6 Billion in 2024 to USD 114.5 Billion by 2035, at a CAGR of 6.28% during the forecast period 2025-2035.
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Browse key industry insights spread across 225 pages with 119 Market data tables and figures & charts from the report on the "Global Starch-based Ethanol Market Size, Share, and COVID-19 Impact Analysis, By Feedstock Type (Corn, Wheat, Barley, Cassava, and Others), By Production Process (Dry Milling and Wet Milling), By Application (Fuel, Industrial Solvents, Beverages, Pharmaceuticals, and Others), By End User (Transportation, Industrial, Food & Beverage, Pharmaceuticals, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." https://www.sphericalinsights.com/reports/starch-based-ethanol-market
The starch-based ethanol market refers to the market encompassing the production of ethanol, a biofuel, from renewable starch-rich crops like corn, wheat, and barley. Starch-based ethanol is produced through the fermentation of a variety of starch-rich crops to create fuel mixtures like E10 and E85 that aim to reduce greenhouse gas emissions and reliance on fossil fuels. The growing demand for alternative fuels in the automotive industry, with the rising popularity of electric vehicles (EVs), is offering market opportunities for starch-based ethanol. An increasing focus on reducing carbon emissions and promoting sustainable energy sources is contributing to driving the starch-based ethanol market. The implementation of government policies aimed at enhancing biofuel production is contributing to promoting the starch-based ethanol market. On the contrary, the fluctuation in raw material prices, sustainability concerns, stringent environmental regulations, and competition from other biofuels are challenging the market.
The corn segment dominated the starch-based ethanol market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the feedstock type, the starch-based ethanol market is divided into corn, wheat, barley, cassava, and others. Among these, the corn segment dominated the starch-based ethanol market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The suitability of corn starch-derived denatured ethanol, along with the growing awareness about indoor hygiene and harmful effects associated with synthetic ingredients, is driving the market demand in the corn segment.
The dry milling segment accounted for the dominant market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the production process, the starch-based ethanol market is divided into dry milling and wet milling. Among these, the dry milling segment accounted for the dominant market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Dry milling of starch-based ethanol involves grinding starch grains into flour, which is then directly fermented into ethanol with co-products of distillers’ grains and carbon dioxide.
The fuel segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the starch-based ethanol market is divided into fuel, industrial solvents, beverages, pharmaceuticals, and others. Among these, the fuel segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Ethanol is used as fuel for internal combustion engines because of its environmental and long-term economic advantages over fossil fuel.
The transportation segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the projected period.
Based on the end user, the starch-based ethanol market is divided into transportation, industrial, food & beverage, pharmaceuticals, and others. Among these, the transportation segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the projected period. The widespread use of starch-based ethanol for motor vehicles, effectively reducing the air toxics coming from the transportation sector, is driving the market expansion.
North America is expected to hold the majority share of the global starch-based ethanol market during the forecast period.
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North America is expected to hold the majority share of the global starch-based ethanol market during the forecast period. Advancements in starch-rich crop yields and innovations in enzymatic hydrolysis and fermentation technologies for enhancing ethanol productivity and cost efficiency are contributing to propel the market growth. The establishment of biofuel infrastructure, as well as government-mandated renewable fuel standards across the US and Canada, is supporting the market.
Asia Pacific is anticipated to grow at the fastest pace in the global starch-based ethanol market during the forecast period. The growing industrialization and urbanization in countries like China and India are contributing to regional market growth for starch-based ethanol. The growing energy demand and government initiatives, along with the increasing availability of diverse starch-rich feedstocks, are contributing to driving the market expansion.
Europe is anticipated to hold a significant share of the starch-based ethanol market during the predicted timeframe. The region’s strong focus on sustainability and reducing carbon emissions, with strict environmental regulations, is propelling the market demand for starch-based ethanol. The widespread availability of starch-based feedstocks, including corn, wheat, and barley throughout the region, benefiting from good agricultural circumstances and improved farming practices, is driving the market.
Major vendors in the global starch-based ethanol market are Novozymes, DuPont USA, Schaumann Bioenergy, Enzyme Development Corporation, Montana Microbial Products, Enzyme Supplies Ltd., Noor Creations, Enzyme Solutions Inc., Royal DSM, Specialty Enzymes & Biotechnologies Co., Jiangsu Boli Bioproducts Co. Ltd., BASF, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the starch-based ethanol market based on the below-mentioned segments:
Global Starch-based Ethanol Market, By Feedstock Type
- Corn
- Wheat
- Barley
- Cassava
- Others
Global Starch-based Ethanol Market, By Production Process
- Dry Milling
- Wet Milling
Global Starch-based Ethanol Market, By Application
- Fuel
- Industrial Solvents
- Beverages
- Pharmaceuticals
- Others
Global Starch-based Ethanol Market, By End User
- Transportation
- Industrial
- Food & Beverage
- Pharmaceuticals
- Others
Global Starch-based Ethanol Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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