Advanced Biofuel Market Size, Share, Growth and Analysis 2034

Advanced Biofuel Market Growth, Size, Trends Analysis - By Feedstock, By Application, By Form - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Published: Jul-2025 Report ID: POAE2595 Pages: 1 - 253 Formats*:     
Category : Power & Energy
Advanced Biofuel Market Introduction and Overview

According to SPER Market Research, the Global Advanced Biofuel Market is estimated to reach USD 5.5 billion by 2034 with a CAGR of 14.18%.

The report includes an in-depth analysis of the Global Advanced Biofuel Market, including market size and trends, product mix, Applications, and supplier analysis. The Advanced Biofuel Market was valued at USD 1.47 billion in 2024 and is expected to grow at a CAGR of 14.18% from 2025 to 2034. The biofuels business is expanding rapidly due to increased demand for cleaner energy sources and stronger government regulations aimed at lowering sulphur content in petroleum products. Biofuels are renewable fuels made from natural sources like plants, algae, and animal waste. They provide an environmentally benign alternative to traditional fossil fuels, reducing greenhouse gas emissions and reliance on non-renewable resources.  
By Form Insights:
The liquid biofuel category dominates the market due to its increased use in flexible-fuel cars and the growing emphasis on energy security. The establishment of bioethanol blending policies in many countries has aided its widespread adoption. Furthermore, increased environmental awareness and the need to find alternatives to fossil fuels are driving innovation in biofuel production technology. Gaseous biofuels are also widely employed in transportation, energy generation, and as a greener alternative to conventional cooking fuels such as LPG.

By Feed Stock Insights:
The biofuel sector is classified according to feedstock, which includes corn, sugarcane, vegetable oils, and other products. The "others" category, which includes rice, wheat, and potatoes, controls a sizable percentage of the market. Rice straw is particularly important since it is utilised to generate biofuel via biochemical and thermochemical processes. In biochemical conversion, a pre-treatment phase aids in the breakdown of straw structure for better digestion. Sugarcane is also a popular feedstock, with rising interest due to its efficiency in ethanol production and its acceptance in manufacturing facilities.

Regional Insights:
North America's biofuels sector is a global leader due to the availability of well-established biofuel production infrastructure and significant government support. Favourable regulations promoting the use of renewable fuels, as well as expenditures in R&D, have boosted the region's industry growth.  Furthermore, activities targeted at decreasing greenhouse gas emissions and promoting energy independence help the area maintain its lead in the global biofuels sector.



Recent Developments:
Equilon Enterprises LLC, a Shell Plc subsidiary, and Green Plains Inc. reached a technology agreement in July 2023. to combine Shell Fibre Conversion technologies (SFCT) with Fluid Quip Technologies' precise separation and processing technologies.  This strategic collaboration is projected to offer significant value to Green Plains Inc.'s biorefinery platform.
In July 2023, Gevo, Inc. signed a Master Services Agreement (MSA) with a subsidiary of McDermott International, Ltd. to offer front-end engineering and early planning services for Gevo's development of numerous sustainable aviation fuel facilities throughout North America.

Scope of the report:
 Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
 Forecast period 2025-2034
Segments coveredBy Feedstock, By Application, By Form
Regions coveredNorth America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies CoveredAbengoa Air Liquide, Butamax Advanced Biofuels LLC Crop Energies AG, Gevo, Green Plains Inc., Petrobras Renewable Energy Group
Key Topics Covered in the Report:
  • Global Advanced Biofuel Market Size (FY 2021-FY 2034)
  • Overview of Global Advanced Biofuel Market
  • Segmentation of Global Advanced Biofuel Market by Feed Stock (Corn, Sugarcane, Vegetables Oils, Other)
  • Segmentation of Global Advanced Biofuel Market by Application (Transportation, Aviation, Energy Generation, Heating, Others)
  • Segmentation of Global Advanced Biofuel Market by Form (Solid Biofuel, Liquid Biofuel, Gaseous Biofuel)
  • Statistical Snap of Global Advanced Biofuel Market
  • Expansion Analysis of Global Advanced Biofuel Market
  • Problems and Obstacles in Global Advanced Biofuel Market Competitive Landscape in the Global Smart Shower Market
  • Details on Current Investment in Global Advanced Biofuel Market
  • Competitive Analysis of Global Advanced Biofuel Market
  • Prominent Players in the Global Advanced Biofuel Market
  • SWOT Analysis of Global Advanced Biofuel Market Future Outlook and Projections (FY 2025-FY 2034)
  • Recommendations from Analyst
1. Introduction
  • 1.1. Scope of the report
  • 1.2. Market segment analysis
2. Research Methodology
  • 2.1. Research data source
    • 2.1.1. Secondary Data
    • 2.1.2. Primary Data
    • 2.1.3. SPERs internal database
    • 2.1.4. Premium insight from KOLs
  • 2.2. Market size estimation
    • 2.2.1. Top-down and Bottom-up approach
  • 2.3. Data triangulation
3. Executive Summary

4. Market Dynamics
  • 4.1. Driver, Restraint, Opportunity and Challenges analysis
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunities
    • 4.1.4. Challenges
5. Market variable and outlook
  • 5.1. SWOT Analysis
    • 5.1.1. Strengths
    • 5.1.2. Weaknesses
    • 5.1.3. Opportunities
    • 5.1.4. Threats
  • 5.2. PESTEL Analysis
    • 5.2.1. Political Landscape
    • 5.2.2. Economic Landscape
    • 5.2.3. Social Landscape
    • 5.2.4. Technological Landscape
    • 5.2.5. Environmental Landscape
    • 5.2.6. Legal Landscape
  • 5.3. PORTERs Five Forces 
    • 5.3.1. Bargaining power of suppliers
    • 5.3.2. Bargaining power of buyers
    • 5.3.3. Threat of Substitute
    • 5.3.4. Threat of new entrant
    • 5.3.5. Competitive rivalry
  • 5.4. Heat Map Analysis
6. Competitive Landscape
  • 6.1. Global Advanced Biofuel Market Manufacturing Base Distribution, Sales Area, Product Type 
  • 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Advanced Biofuel Market
7. Global Advanced Biofuel Market, By Feed back (USD Million) 2021-2034
  • 7.1. Corn
  • 7.2. Sugarcane
  • 7.3. Vegetables Oils
  • 7.4. Other
8. Global Advanced Biofuel Market, By Application (USD Million) 2021-2034
  • 8.1. Transportation
  • 8.2. Aviation
  • 8.3. Energy Generation
  • 8.4. Heating
  • 8.5. Others
9. Global Advanced Biofuel Market, By Form (USD Million) 2021-2034
  • 9.1. Solid Biofuel
  • 9.2. Liquid Biofuel
  • 9.3. Gaseous Biofuel
10. Global Advanced Biofuel Market, (USD Million) 2021-2034
  • 10.1. Global Advanced Biofuel Market Size and Market Share
11. Global Advanced Biofuel Market, By Region, (USD Million) 2021-2034
  • 11.1. Asia-Pacific
    • 11.1.1. Australia
    • 11.1.2. China
    • 11.1.3. India
    • 11.1.4. Japan
    • 11.1.5. South Korea
    • 11.1.6. Rest of Asia-Pacific
  • 11.2. Europe
    • 11.2.1. France
    • 11.2.2. Germany
    • 11.2.3. Italy
    • 11.2.4. Spain
    • 11.2.5. United Kingdom
    • 11.2.6. Rest of Europe
  • 11.3. Middle East and Africa
    • 11.3.1. Kingdom of Saudi Arabia 
    • 11.3.2. United Arab Emirates
    • 11.3.3. Qatar
    • 11.3.4. South Africa
    • 11.3.5. Egypt
    • 11.3.6. Morocco
    • 11.3.7. Nigeria
    • 11.3.8. Rest of Middle-East and Africa
  • 11.4. North America
    • 11.4.1. Canada
    • 11.4.2. Mexico
    • 11.4.3. United States
  • 11.5. Latin America
    • 11.5.1. Argentina
    • 11.5.2. Brazil
    • 11.5.3. Rest of Latin America 
12. Company Profile
  • 12.1. Abengoa
    • 12.1.1. Company details
    • 12.1.2. Financial outlook
    • 12.1.3. Product summary 
    • 12.1.4. Recent developments
  • 12.2. Bunge North America, Inc.
    • 12.2.1. Company details
    • 12.2.2. Financial outlook
    • 12.2.3. Product summary 
    • 12.2.4. Recent developments
  • 12.3. Butamax Advanced Biofuels LLC
    • 12.3.1. Company details
    • 12.3.2. Financial outlook
    • 12.3.3. Product summary 
    • 12.3.4. Recent developments
  • 12.4. Crop Energies AG
    • 12.4.1. Company details
    • 12.4.2. Financial outlook
    • 12.4.3. Product summary 
    • 12.4.4. Recent developments
  • 12.5. Gevo
    • 12.5.1. Company details
    • 12.5.2. Financial outlook
    • 12.5.3. Product summary 
    • 12.5.4. Recent developments
  • 12.6. Green Plains Inc.
    • 12.6.1. Company details
    • 12.6.2. Financial outlook
    • 12.6.3. Product summary 
    • 12.6.4. Recent developments
  • 12.7. Petrobras
    • 12.7.1. Company details
    • 12.7.2. Financial outlook
    • 12.7.3. Product summary 
    • 12.7.4. Recent developments
  • 12.8. Others
13. Conclusion

14. List of Abbreviations

15. Reference Links

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report
Advanced Biofuel Market is projected to reach USD 5.5 billion by 2034, growing at a CAGR of of 14.18% during the forecast period.
Advanced Biofuel Market grew in Market size from 2025. The Market is expected to reach USD 5.5 billion by 2034, at a CAGR of 14.18% during the forecast period.
Advanced Biofuel Market CAGR of 14.18% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Advanced Biofuel Market size is USD 5.5 billion from 2025 to 2034.
Advanced Biofuel Market is covered By Feedstock, By Application, By Form
The North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa is the highest Market share in the Advanced Biofuel Market.
Abengoa Air Liquide, Butamax Advanced Biofuels LLC Crop Energies AG, Gevo, Green Plains Inc., Petrobras Renewable Energy Group
The report includes an in-depth analysis of the Global Advanced Biofuel Market, including market size and trends, product mix, Applications, and supplier analysis.
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