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Bioethanol Market: By Raw Material, By Application, and Region Forecast 2020-2031
Bioethanol Market size was valued at US$ 64,283.4 Million in 2023 and is poised to grow at a CAGR of 6.7% from 2024-2030. Bioethanol, sometimes referred to as ethanol, is a sustainable biofuel made from several types of biodegradable and renewable materials. The fermentation of sugars, starches, or cellulose found in agricultural products including maize, sugarcane, wheat, and other plant components results in this particular form of alcohol. The main use of bioethanol is to replace fossil fuels, primarily petrol, in a variety of operations like transportation, energy production, and other industrial processes. When compared to conventional fossil fuels, bioethanol has the potential to considerably reduce carbon dioxide emissions, which is one of its main benefits. It is regarded as a fuel that burns more cleanly and has less hazardous emissions, making it a desirable choice for resolving air quality issues and achieving emission reduction goals. The worldwide market has grown as a result of rising demand for biofuels in the automobile industry as a fuel source mostly because of its exceptional qualities as a renewable and ecologically friendly fuel source with improved Engine Performance.
Moreover, stringent environmental regulations and policies imposed by governments and international organizations to reduce greenhouse gas emissions and combat climate change are pushing for the adoption of cleaner-burning fuels like bioethanol. Furthermore, rising Investment in bioethanol production capacity and infrastructure development present significant opportunities for further development of the market. However, the availability and price of feedstocks used for bioethanol production, such as corn, sugarcane, and wheat, can be a potential restraint to the growth of the market. Key manufacturers are adopting different strategies in producing bioetahnol to satisfy the demand of various end-use industries, which further contribute to the market. For instance, in July 2021, Kemin Biofuels launched ZyloZyme, an efficient, high-temperature alpha-amylase for use in bioethanol production.
Study Period
2025-2031Base Year
2024CAGR
6.7%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
The rising requirements of energy security have significantly driven the market. The use of bioethanol can help reduce dependence on fossil fuels and enhance energy security by diversifying the energy mix. It provides an alternative to traditional gasoline and reduces reliance on imported oil, benefiting energy independence for many countries. Moreover, advances in bioethanol production technologies have improved the efficiency and cost-effectiveness of bioethanol manufacturing. Second and third-generation bioethanol production methods, such as cellulosic ethanol from agricultural and forestry residues, have expanded the potential feedstock base and increased overall production capacity, which ultimately fulfill the rising demand of the bioethanol worldwide.
Report Benchmarks |
Details |
Report Study Period |
2025-2031 |
Market CAGR |
6.7% |
By Raw Materials |
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By Application |
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By Region |
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Dried pasta market size was valued at US$ 49,371.3 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.72% from 2023 to 2030.
Collaboration between government and private sector and rising government investments are some of the factors that create potential opportunities for the growth of the market.
The shift towards advanced bioethanol technologies is one of the major trends in the market.
POET, LLC, South Bend Ethanol, LLC, Kemin Biofuels, Valero, Pertamina, Flint Hills Resources, BBGI, ADM, HPCL-Mittal Energy Ltd, Green Plains Inc., Assago Industries, Alto Ingredients Inc are few companies operating in the market.
1.Executive Summary |
2.Global Bioethanol Market Introduction |
2.1.Global Bioethanol Market - Taxonomy |
2.2.Global Bioethanol Market - Definitions |
2.2.1.Raw Materials |
2.2.2.Application |
2.2.3.Region |
3.Global Bioethanol Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Bioethanol Market Analysis, 2020-2024 and Forecast 2025-2031 |
4.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Bioethanol Market By Raw Materials, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
5.1. Bisphenol Sugar Based |
5.1.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Starch Based |
5.2.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Lignocellulose Based |
5.3.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Others |
5.4.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6.Global Bioethanol Market By Application, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
6.1. Automotive and Transportation |
6.1.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Power Generation |
6.2.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Food and Beverage |
6.3.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Pharmaceutical |
6.4.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Cosmetics and Personal Care |
6.5.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Other Applications |
6.6.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7.Global Bioethanol Market By Region, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2020-2024 and Forecast, 2025-2031, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Bioethanol Market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
8.1. Raw Materials Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Bisphenol Sugar Based |
8.1.2.Starch Based |
8.1.3.Lignocellulose Based |
8.1.4.Others |
8.2. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Automotive and Transportation |
8.2.2.Power Generation |
8.2.3.Food and Beverage |
8.2.4.Pharmaceutical |
8.2.5.Cosmetics and Personal Care |
8.2.6.Other Applications |
8.3. Country Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Bioethanol Market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
9.1. Raw Materials Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Bisphenol Sugar Based |
9.1.2.Starch Based |
9.1.3.Lignocellulose Based |
9.1.4.Others |
9.2. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Automotive and Transportation |
9.2.2.Power Generation |
9.2.3.Food and Beverage |
9.2.4.Pharmaceutical |
9.2.5.Cosmetics and Personal Care |
9.2.6.Other Applications |
9.3. Country Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
10.Asia Pacific (APAC) Bioethanol Market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
10.1. Raw Materials Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Bisphenol Sugar Based |
10.1.2.Starch Based |
10.1.3.Lignocellulose Based |
10.1.4.Others |
10.2. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Automotive and Transportation |
10.2.2.Power Generation |
10.2.3.Food and Beverage |
10.2.4.Pharmaceutical |
10.2.5.Cosmetics and Personal Care |
10.2.6.Other Applications |
10.3. Country Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Bioethanol Market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
11.1. Raw Materials Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Bisphenol Sugar Based |
11.1.2.Starch Based |
11.1.3.Lignocellulose Based |
11.1.4.Others |
11.2. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Automotive and Transportation |
11.2.2.Power Generation |
11.2.3.Food and Beverage |
11.2.4.Pharmaceutical |
11.2.5.Cosmetics and Personal Care |
11.2.6.Other Applications |
11.3. Country Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Bioethanol Market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
12.1. Raw Materials Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Bisphenol Sugar Based |
12.1.2.Starch Based |
12.1.3.Lignocellulose Based |
12.1.4.Others |
12.2. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Automotive and Transportation |
12.2.2.Power Generation |
12.2.3.Food and Beverage |
12.2.4.Pharmaceutical |
12.2.5.Cosmetics and Personal Care |
12.2.6.Other Applications |
12.3. Country Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.POET, LLC |
13.2.2.South Bend Ethanol, LLC |
13.2.3.Kemin Biofuels |
13.2.4.Valero |
13.2.5.Pertamina |
13.2.6.Flint Hills Resources |
13.2.7.BBGI |
13.2.8.ADM |
13.2.9.HPCL-Mittal Energy Ltd |
13.2.10.Green Plains Inc. |
13.2.11.Assago Industries |
13.2.12.Alto Ingredients Inc |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players