Biodiesel Market Report and Forecast 2025-2034
Market Report I 2025-08-11 I 168 Pages I EMR Inc.
The global biodiesel market reached a volume of almost 44.07 Billion Liters in the year 2024. The biodiesel industry is further expected to grow at a CAGR of 6.00% between 2025 and 2034 to reach a volume of almost 78.92 Billion Liters by 2034.
Eco-Friendly Regulations to Aid the Market Growth of Biodiesel
The United States is an important market in the industry, growing at a robust pace. Europe too presents itself as a significant market, especially Germany, which is expected to enhance the market growth of biodiesel in the forecast period. The market in these regions is being supported by the rising adoption of eco-friendly regulations and the prominent presence of the automotive industry. China is also emerging as a significant market for biodiesel due to a robustly growing economy and burgeoning automotive industry.
Biodiesel: Market Segmentation
Biodiesel is the diesel fuel based on vegetable oil or animal fat, constituting long-chain alkyl (ethyl, methyl, or propyl) esters. Generally, the product is developed by chemically reacting lipids, such as vegetable oil, soybean oil, or animal fat, with alcohol generating fatty acid esters as a result.
The market is divided on the basis of feedstock into:
- Vegetable Oil
- Animal Oil
- Others
On the basis of type, the industry is divided into:
- B100
- B20
- B5
- B2
- Others
The market is segmented on the basis of application into:
- Fuel
- Power Generation
- Others
By technology, the industry is segmented into:
- Pyrolysis
- Hydro Heating
- Conventional Alcohol Transesterification
- Others
On the basis of region, the industry is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Growing Demand for Energy Independence to Bolster the Market for Biodiesel
The global market for biodiesel is being driven by the growing need for energy independence and rising environmental concerns all over the world. The product is biodegradable and enables the production of renewable liquid fuel for transportation purposes, making it an ideal fuel. Other benefits include its domesticity, which helps in reducing the dependency on the imported petroleum, aiding the market growth.
Further, governments are encouraging and helping promote the use of the product by introducing policies and tax incentives on the use of the product, enhancing the market growth for biodiesel over the forecast period. Governments have taken active action in initiating regulations and policies in countries within the Asia Pacific and Latin America, creating a surge in opportunities, such as exports, feedstock development, and enhanced production.
The biodiesel industry is experiencing transformation in terms of rapid growth and development, presenting new opportunities in the forthcoming years globally. The wavering petrochemical reserves in oil rigs across the world will probably increase the biodiesel demand in the forecast period.
Key Industry Players in the Global Biodiesel Market
The report gives a detailed analysis of the following key players in the global biodiesel market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Archer Daniels Midland Company
- Louis Dreyfus Company B.V.
- Ag Processing Inc.
- RB Fuels
- Renewable Energy Group, Inc.
- Novozymes A/S
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Biodiesel Market Analysis
5.1 Key Industry Highlights
5.2 Global Biodiesel Historical Market (2018-2024)
5.3 Global Biodiesel Market Forecast (2025-2034)
5.4 Global Biodiesel Market by Feedstock
5.4.1 Vegetable Oil
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Animal Oil
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Others
5.5 Global Biodiesel Market by Type
5.5.1 B100
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 B20
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 B5
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 B2
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Others
5.6 Global Biodiesel Market by Technology
5.6.1 Pyrolysis
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Hydro Heating
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Conventional Alcohol Transesterification
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Others
5.7 Global Biodiesel Market by Application
5.7.1 Fuel
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Power Generation
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Others
5.8 Global Biodiesel Market by Region
5.8.1 North America
5.8.1.1 Historical Trend (2018-2024)
5.8.1.2 Forecast Trend (2025-2034)
5.8.2 Europe
5.8.2.1 Historical Trend (2018-2024)
5.8.2.2 Forecast Trend (2025-2034)
5.8.3 Asia Pacific
5.8.3.1 Historical Trend (2018-2024)
5.8.3.2 Forecast Trend (2025-2034)
5.8.4 Latin America
5.8.4.1 Historical Trend (2018-2024)
5.8.4.2 Forecast Trend (2025-2034)
5.8.5 Middle East and Africa
5.8.5.1 Historical Trend (2018-2024)
5.8.5.2 Forecast Trend (2025-2034)
6 North America Biodiesel Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Biodiesel Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Biodiesel Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Biodiesel Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Biodiesel Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code - 3826)
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
14.1 North America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.2 Europe Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.3 Asia Pacific Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.4 Latin America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.5 Middle East and Africa Historical Price Trends (2018-2024) and Forecast (2025-2034)
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 Archer Daniels Midland Company
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 Louis Dreyfus Company B.V.
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 Ag Processing Inc.
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 RB Fuels
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 Renewable Energy Group, Inc.
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 Novozymes A/S
15.5.6.1 Company Overview
15.5.6.2 Product Portfolio
15.5.6.3 Demographic Reach and Achievements
15.5.6.4 Certifications
15.5.7 Others
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