GITNUX REPORT 2024

Global Biofuel Industry Statistics: Production, Consumption, Market Size and Growth

Digging Deeper into Biofuel Industry: Key Stats and Trends Shaping the Global Market Landscape.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

The United States consumed approximately 44.7 billion liters of biofuels in 2021

Statistic 2

Brazil consumed about 33.2 billion liters of biofuels in 2021

Statistic 3

The European Union consumed approximately 22.5 billion liters of biofuels in 2021

Statistic 4

In 2021, biofuels accounted for about 3% of global transport fuel demand

Statistic 5

The United States consumed 14.8 billion gallons of ethanol in 2021

Statistic 6

Brazil consumed 27.8 billion liters of ethanol in 2021

Statistic 7

The European Union consumed 14.8 billion liters of biodiesel in 2021

Statistic 8

The global biofuel industry employs over 2.5 million people

Statistic 9

The United States biofuel industry supports over 400,000 jobs

Statistic 10

Brazil's biofuel sector employs approximately 800,000 people

Statistic 11

The European Union's biofuel industry supports about 200,000 jobs

Statistic 12

The global biofuel industry is expected to create 1.9 million additional jobs by 2030

Statistic 13

Biofuel production reduces greenhouse gas emissions by 40-108% compared to fossil fuels

Statistic 14

The use of biofuels in the United States reduced CO2 emissions by 54.1 million metric tons in 2020

Statistic 15

Biodiesel reduces lifecycle greenhouse gas emissions by up to 86% compared to petroleum diesel

Statistic 16

The use of biofuels in Brazil has avoided over 500 million tons of CO2 emissions since 1975

Statistic 17

Advanced biofuels can reduce greenhouse gas emissions by up to 100% compared to fossil fuels

Statistic 18

The global biofuel industry reduced CO2 emissions by approximately 130 million metric tons in 2021

Statistic 19

Corn is the primary feedstock for ethanol production in the United States, accounting for over 95% of production

Statistic 20

Sugarcane is the main feedstock for ethanol production in Brazil, representing about 90% of production

Statistic 21

Rapeseed oil is the most common feedstock for biodiesel production in the European Union, accounting for about 40% of production

Statistic 22

Soybean oil is the primary feedstock for biodiesel production in the United States, representing about 50% of production

Statistic 23

Palm oil accounts for approximately 20% of global biodiesel feedstock

Statistic 24

The United States has over 200 ethanol biorefineries

Statistic 25

Brazil has more than 350 ethanol plants

Statistic 26

There are over 200 biodiesel plants in the European Union

Statistic 27

The global biofuel production capacity is estimated to be around 190 billion liters per year

Statistic 28

The United States has over 3,900 E85 (high-ethanol blend) fueling stations

Statistic 29

Brazil has over 40,000 gas stations offering ethanol fuel

Statistic 30

The European Union has more than 4,000 biodiesel fueling stations

Statistic 31

The global biofuel market size was valued at $141.32 billion in 2021

Statistic 32

The biofuel market is expected to reach $201.21 billion by 2029

Statistic 33

The compound annual growth rate (CAGR) for the biofuel market is projected to be 4.8% from 2022 to 2029

Statistic 34

The global advanced biofuels market is expected to reach $848.6 billion by 2030

Statistic 35

The global biofuel industry's market value is expected to grow at a CAGR of 7.8% from 2021 to 2028

Statistic 36

The United States biofuel industry contributed $41.2 billion to GDP in 2021

Statistic 37

Brazil's biofuel industry contributed approximately $43 billion to GDP in 2021

Statistic 38

The European Union's biofuel industry had a turnover of €14.8 billion in 2020

Statistic 39

The global aviation biofuel market is projected to reach $60.8 billion by 2030

Statistic 40

The United States mandates that transportation fuel sold must contain a minimum volume of renewable fuels, including ethanol

Statistic 41

Brazil requires a minimum blend of 27% ethanol in gasoline

Statistic 42

The European Union has set a target of 14% renewable energy in the transport sector by 2030

Statistic 43

India has set a target of 20% ethanol blending in petrol by 2025

Statistic 44

China aims to achieve 15% renewable energy consumption in the transportation sector by 2030

Statistic 45

The United States has a Renewable Fuel Standard (RFS) program that requires transportation fuel to contain a minimum volume of renewable fuels

Statistic 46

Brazil's RenovaBio program aims to increase biofuel production and use to meet the country's Paris Agreement commitments

Statistic 47

The European Union's Renewable Energy Directive II (RED II) sets targets for renewable energy in transport, including advanced biofuels

Statistic 48

India's National Policy on Biofuels aims to achieve 20% blending of biofuels with fossil-based fuels by 2030

Statistic 49

China's 14th Five-Year Plan includes targets for biofuel production and consumption to reduce reliance on fossil fuels

Statistic 50

Global biofuel production reached 154 billion liters in 2021

Statistic 51

The United States is the world's largest biofuel producer, accounting for 40% of global production

Statistic 52

Brazil is the second-largest biofuel producer, responsible for 25% of global production

Statistic 53

The European Union produces about 17% of the world's biofuels

Statistic 54

Ethanol accounts for approximately 63% of global biofuel production

Statistic 55

Biodiesel represents about 31% of global biofuel production

Statistic 56

The United States produced 17.5 billion gallons of ethanol in 2021

Statistic 57

Brazil produced 33.1 billion liters of ethanol in 2021

Statistic 58

The European Union produced 5.2 billion liters of biodiesel in 2021

Statistic 59

Global biodiesel production reached 47.2 billion liters in 2021

Statistic 60

The global biofuel industry invested $2.7 billion in research and development in 2020

Statistic 61

The United States Department of Energy allocated $590 million for bioenergy research in 2021

Statistic 62

The European Union's Horizon Europe program allocated €1 billion for biofuel research from 2021 to 2027

Statistic 63

Brazil invested $450 million in biofuel research and development in 2020

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Summary

  • Global biofuel production reached 154 billion liters in 2021
  • The United States is the world's largest biofuel producer, accounting for 40% of global production
  • Brazil is the second-largest biofuel producer, responsible for 25% of global production
  • The European Union produces about 17% of the world's biofuels
  • Ethanol accounts for approximately 63% of global biofuel production
  • Biodiesel represents about 31% of global biofuel production
  • The global biofuel market size was valued at $141.32 billion in 2021
  • The biofuel market is expected to reach $201.21 billion by 2029
  • The compound annual growth rate (CAGR) for the biofuel market is projected to be 4.8% from 2022 to 2029
  • The United States consumed approximately 44.7 billion liters of biofuels in 2021
  • Brazil consumed about 33.2 billion liters of biofuels in 2021
  • The European Union consumed approximately 22.5 billion liters of biofuels in 2021
  • In 2021, biofuels accounted for about 3% of global transport fuel demand
  • The United States has over 200 ethanol biorefineries
  • Brazil has more than 350 ethanol plants

Buckle up, biofuel enthusiasts, because were diving into the high-octane world of green energy production thats fueling the future. With global biofuel production hitting a staggering 154 billion liters in 2021, its clear that this industry is revving its engines for growth. From the United States dominating the scene with 40% of the global output to Brazils sweet 25% contribution and the European Unions eco-friendly 17% share, these statistics paint a picture of a dynamic market on the move. So, grab your biodiesel latte, because were about to take a turbo-charged ride through the stats that drive this industry forward!

Consumption

  • The United States consumed approximately 44.7 billion liters of biofuels in 2021
  • Brazil consumed about 33.2 billion liters of biofuels in 2021
  • The European Union consumed approximately 22.5 billion liters of biofuels in 2021
  • In 2021, biofuels accounted for about 3% of global transport fuel demand
  • The United States consumed 14.8 billion gallons of ethanol in 2021
  • Brazil consumed 27.8 billion liters of ethanol in 2021
  • The European Union consumed 14.8 billion liters of biodiesel in 2021

Interpretation

In a world where sustainability is becoming more than just a buzzword, the biofuel industry is flexing its muscles with impressive consumption figures. The United States, Brazil, and the European Union are chugging away on their eco-friendly fuel, collectively guzzling down a whopping 100.2 billion liters in 2021. This doesn't just signify a shift towards greener energy sources but also a global recognition of the urgency to combat climate change. With biofuels accounting for a modest 3% of global transport fuel demand, it's clear there's still a long road ahead. But hey, at least it's a road we can drive on guilt-free.

Employment

  • The global biofuel industry employs over 2.5 million people
  • The United States biofuel industry supports over 400,000 jobs
  • Brazil's biofuel sector employs approximately 800,000 people
  • The European Union's biofuel industry supports about 200,000 jobs
  • The global biofuel industry is expected to create 1.9 million additional jobs by 2030

Interpretation

With over 2.5 million workers worldwide fueling the biofuel industry, it's clear that this sector is not just about powering vehicles—it's also about powering economies. From the United States to Brazil to the European Union, the biofuel industry is proving to be a significant job creator, with projections pointing towards even more growth in the future. So, if you ever find yourself stuck in a traffic jam behind a biofuel-powered bus, just remember that you're not just waiting for the light to change—you're witnessing a global workforce in action.

Environmental Impact

  • Biofuel production reduces greenhouse gas emissions by 40-108% compared to fossil fuels
  • The use of biofuels in the United States reduced CO2 emissions by 54.1 million metric tons in 2020
  • Biodiesel reduces lifecycle greenhouse gas emissions by up to 86% compared to petroleum diesel
  • The use of biofuels in Brazil has avoided over 500 million tons of CO2 emissions since 1975
  • Advanced biofuels can reduce greenhouse gas emissions by up to 100% compared to fossil fuels
  • The global biofuel industry reduced CO2 emissions by approximately 130 million metric tons in 2021

Interpretation

The numbers don't lie: the biofuel industry is the eco-friendly hero we need in the battle against climate change. With reductions in greenhouse gas emissions ranging from 40-108% compared to fossil fuels, the impact of biofuels is staggering. From the United States to Brazil, and across the globe, biofuels have proven their worth by saving millions of metric tons of CO2 emissions. The future looks even brighter with advanced biofuels poised to potentially eliminate greenhouse gas emissions entirely. So, the next time you fill up your tank, remember that choosing biofuels isn't just a smart choice—it's a planet-saving one.

Feedstock

  • Corn is the primary feedstock for ethanol production in the United States, accounting for over 95% of production
  • Sugarcane is the main feedstock for ethanol production in Brazil, representing about 90% of production
  • Rapeseed oil is the most common feedstock for biodiesel production in the European Union, accounting for about 40% of production
  • Soybean oil is the primary feedstock for biodiesel production in the United States, representing about 50% of production
  • Palm oil accounts for approximately 20% of global biodiesel feedstock

Interpretation

In a world where biofuel production thrives on the diversity of its feedstocks, it seems that grains and plants are not just nourishment for our bodies but also for our vehicles. From the cornfields of the United States to the sugarcane plantations of Brazil, and the rapeseed fields of the European Union, to the soybean farms of the US, and the palm oil groves around the globe, these crops have become the backbone of renewable energy sources. As we crunch the numbers and see the domination of certain feedstocks in different regions, it becomes clear that the biofuel industry is a melting pot of agricultural innovation and environmental consciousness, powered by the golden kernels and lush leaves of our earthly bounty.

Infrastructure

  • The United States has over 200 ethanol biorefineries
  • Brazil has more than 350 ethanol plants
  • There are over 200 biodiesel plants in the European Union
  • The global biofuel production capacity is estimated to be around 190 billion liters per year
  • The United States has over 3,900 E85 (high-ethanol blend) fueling stations
  • Brazil has over 40,000 gas stations offering ethanol fuel
  • The European Union has more than 4,000 biodiesel fueling stations

Interpretation

With over 200 ethanol biorefineries in the United States, it seems like Americans are on a mission to turn corn into gold—while Brazil has been playing the field with more than 350 ethanol plants, proving they know how to samba their way to energy independence. Meanwhile, the European Union has been quietly cultivating a biodiesel empire with over 200 plants, showing that green energy is not just a passing fad. With a global biofuel production capacity of 190 billion liters per year, it's clear that the world is fueling up for a cleaner, more sustainable future. And with over 3,900 E85 fueling stations in the US, 40,000 ethanol-rich gas stations in Brazil, and 4,000 biodiesel stations in the EU, it seems like the world is ready to drive towards a greener horizon.

Market

  • The global biofuel market size was valued at $141.32 billion in 2021
  • The biofuel market is expected to reach $201.21 billion by 2029
  • The compound annual growth rate (CAGR) for the biofuel market is projected to be 4.8% from 2022 to 2029
  • The global advanced biofuels market is expected to reach $848.6 billion by 2030
  • The global biofuel industry's market value is expected to grow at a CAGR of 7.8% from 2021 to 2028
  • The United States biofuel industry contributed $41.2 billion to GDP in 2021
  • Brazil's biofuel industry contributed approximately $43 billion to GDP in 2021
  • The European Union's biofuel industry had a turnover of €14.8 billion in 2020
  • The global aviation biofuel market is projected to reach $60.8 billion by 2030

Interpretation

The biofuel industry is not just sizzling; it's blazing a trail of growth and opportunity. With global market values and GDP contributions climbing higher than a rocket on launch day, it's clear that sustainability isn't just a buzzword—it's a bottom line. As the world embraces cleaner energy solutions, the biofuel sector is revving up its engines, set to soar to new heights. Brace yourself for a future where green is not just a color, but a currency in itself.

Policy

  • The United States mandates that transportation fuel sold must contain a minimum volume of renewable fuels, including ethanol
  • Brazil requires a minimum blend of 27% ethanol in gasoline
  • The European Union has set a target of 14% renewable energy in the transport sector by 2030
  • India has set a target of 20% ethanol blending in petrol by 2025
  • China aims to achieve 15% renewable energy consumption in the transportation sector by 2030
  • The United States has a Renewable Fuel Standard (RFS) program that requires transportation fuel to contain a minimum volume of renewable fuels
  • Brazil's RenovaBio program aims to increase biofuel production and use to meet the country's Paris Agreement commitments
  • The European Union's Renewable Energy Directive II (RED II) sets targets for renewable energy in transport, including advanced biofuels
  • India's National Policy on Biofuels aims to achieve 20% blending of biofuels with fossil-based fuels by 2030
  • China's 14th Five-Year Plan includes targets for biofuel production and consumption to reduce reliance on fossil fuels

Interpretation

As the world races towards a greener tomorrow, the Biofuel Industry is emerging as the unsung hero in the fight against climate change. With countries like the United States, Brazil, the European Union, India, and China setting ambitious targets for renewable fuel integration in their transportation sectors, it's clear that the era of fossil fuel dominance is waning. From mandates on ethanol blending to comprehensive programs like Brazil's RenovaBio and the EU's RED II, these initiatives not only aim to reduce carbon emissions but also signal a collective commitment to sustainability. As the world fuels up on innovation, one thing is certain: biofuels are no longer a mere alternative – they're the future.

Production

  • Global biofuel production reached 154 billion liters in 2021
  • The United States is the world's largest biofuel producer, accounting for 40% of global production
  • Brazil is the second-largest biofuel producer, responsible for 25% of global production
  • The European Union produces about 17% of the world's biofuels
  • Ethanol accounts for approximately 63% of global biofuel production
  • Biodiesel represents about 31% of global biofuel production
  • The United States produced 17.5 billion gallons of ethanol in 2021
  • Brazil produced 33.1 billion liters of ethanol in 2021
  • The European Union produced 5.2 billion liters of biodiesel in 2021
  • Global biodiesel production reached 47.2 billion liters in 2021

Interpretation

In a world where the race for sustainability is more of a marathon than a sprint, the Biofuel Industry is certainly leading the pack with its 154 billion-liter leap forward in 2021. With the United States and Brazil paving the way as the dynamic duo of biofuel production, representing a combined 65% of the global output, it's safe to say they are the biofuel bonanzas of the world. The European Union, a rising star in its own right, also deserves a shoutout for its 17% contribution to the green energy endeavor. Ethanol seems to be the life of the biofuel party, boogying down with a 63% share, while biodiesel confidently struts in at 31%. So, as we raise our eco-friendly glasses to toast to a greener future, let's remember that this isn't just about numbers—it's about driving change one liter at a time.

Research and Development

  • The global biofuel industry invested $2.7 billion in research and development in 2020
  • The United States Department of Energy allocated $590 million for bioenergy research in 2021
  • The European Union's Horizon Europe program allocated €1 billion for biofuel research from 2021 to 2027
  • Brazil invested $450 million in biofuel research and development in 2020

Interpretation

In a world where money talks, the biofuel industry seems to be chanting "invest, invest, invest!" with a chorus of billions being poured into research and development. From the all-American eagerness of the United States Department of Energy to the European Union's grandiose Horizon Europe program, it's clear that everyone is on board the biofuel bandwagon. Brazil's contribution, while not as hefty in dollar signs, still speaks volumes about the country's commitment to greener energy solutions. Guess it's safe to say that when it comes to biofuels, everyone's putting their money where their mouth is - quite literally fueling the future with dollars and euros.

References