The global market for Biodiesel was estimated to be worth US$ 24740 million in 2024 and is forecast to a readjusted size of US$ 27418 million by 2031 with a CAGR of 1.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Biodiesel cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Biodiesel is a renewable, biodegradable fuel made primarily from vegetable oils, animal fats, or recycled cooking oils through a process called transesterification. In this chemical reaction, fats or oils are combined with an alcohol (typically methanol) and a catalyst to produce fatty acid methyl esters (FAME), the chemical name for biodiesel. Biodiesel is commonly blended with petroleum diesel in various ratios (such as B5, B20, or B100), allowing it to be used in most existing diesel engines without significant modifications. Compared to conventional diesel, biodiesel offers reduced emissions of carbon monoxide, particulate matter, unburned hydrocarbons, and sulfur oxides, making it an environmentally friendly alternative for transportation, power generation, and industrial heating.
Global Market Trends
The global biodiesel market has experienced steady growth over the past decade, driven by increasing environmental regulations, energy security concerns, and rising demand for cleaner fuels. Europe has traditionally led the biodiesel industry, with strong policy support under the Renewable Energy Directive (RED II), particularly in countries like Germany, France, and Spain. In North America, the United States remains a key producer, supported by the Renewable Fuel Standard (RFS) and Biodiesel Tax Credit programs. Asia-Pacific is emerging as a fast-growing market due to increasing vehicle populations and national biofuel mandates in countries like Indonesia, Malaysia, and China. Feedstock diversification is also becoming increasingly important, with used cooking oil (UCO), palm oil, tallow, and soybean oil being major sources depending on regional availability.
Emerging Developments and Challenges
Recent market trends highlight the transition toward advanced biodiesel technologies, such as hydrotreated vegetable oil (HVO), which offers higher quality fuel and better cold flow properties than traditional FAME biodiesel. Sustainability and feedstock traceability are also under intense scrutiny, particularly for palm oil-based biodiesel, which is linked to deforestation and biodiversity loss. As global climate policies tighten, biodiesel's role in decarbonizing heavy-duty transport and aviation is being reassessed, especially in comparison to electric vehicles and green hydrogen. While demand remains robust, producers face challenges including volatile feedstock prices, competition from other renewable fuels, and evolving regulatory frameworks. Nonetheless, biodiesel remains a vital component in the global shift toward a circular, low-carbon energy economy.
This report aims to provide a comprehensive presentation of the global market for Biodiesel, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Biodiesel by region & country, by Type, and by Application.
The Biodiesel market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biodiesel.
Market Segmentation
By Company
- Renewable Energy Group
- Cargill
- Greenergy
- Louis Dreyfus Company
- Wilmar International
- Renewable Biofuels (USA)
- Ag Processing Inc.
- ADM
- Verbio
- Bunge
- Argent Energy
- Zhuoyue New Energy
- Jiaao Enprotech Stock
- Moeve
- Hebei Jingu
- Tangshan Jinlihai
- Anhui Tianyi
- Viterra
- Shanghai Zhongqi
- Shandong Fenghui
- SARIA
- Longhai Bioenergy
- Evergreen BioEnergy
Segment by Type
Segment by Application
- Industrial Fuels
- Automotive Fuels
- Chemical
- SAF
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Biodiesel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Biodiesel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Biodiesel in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Biodiesel Product Introduction
- 1.2 Global Biodiesel Market Size Forecast
- 1.2.1 Global Biodiesel Sales Value (2020-2031)
- 1.2.2 Global Biodiesel Sales Volume (2020-2031)
- 1.2.3 Global Biodiesel Sales Price (2020-2031)
- 1.3 Biodiesel Market Trends & Drivers
- 1.3.1 Biodiesel Industry Trends
- 1.3.2 Biodiesel Market Drivers & Opportunity
- 1.3.3 Biodiesel Market Challenges
- 1.3.4 Biodiesel Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Biodiesel Players Revenue Ranking (2024)
- 2.2 Global Biodiesel Revenue by Company (2020-2025)
- 2.3 Global Biodiesel Players Sales Volume Ranking (2024)
- 2.4 Global Biodiesel Sales Volume by Company Players (2020-2025)
- 2.5 Global Biodiesel Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Biodiesel Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Biodiesel Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Biodiesel
- 2.9 Biodiesel Market Competitive Analysis
- 2.9.1 Biodiesel Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Biodiesel Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Biodiesel as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.2 Global Biodiesel Sales Value by Type
- 3.2.1 Global Biodiesel Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Biodiesel Sales Value, by Type (2020-2031)
- 3.2.3 Global Biodiesel Sales Value, by Type (%) (2020-2031)
- 3.3 Global Biodiesel Sales Volume by Type
- 3.3.1 Global Biodiesel Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Biodiesel Sales Volume, by Type (2020-2031)
- 3.3.3 Global Biodiesel Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Biodiesel Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Industrial Fuels
- 4.1.2 Automotive Fuels
- 4.1.3 Chemical
- 4.1.4 SAF
- 4.2 Global Biodiesel Sales Value by Application
- 4.2.1 Global Biodiesel Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Biodiesel Sales Value, by Application (2020-2031)
- 4.2.3 Global Biodiesel Sales Value, by Application (%) (2020-2031)
- 4.3 Global Biodiesel Sales Volume by Application
- 4.3.1 Global Biodiesel Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Biodiesel Sales Volume, by Application (2020-2031)
- 4.3.3 Global Biodiesel Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Biodiesel Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Biodiesel Sales Value by Region
- 5.1.1 Global Biodiesel Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Biodiesel Sales Value by Region (2020-2025)
- 5.1.3 Global Biodiesel Sales Value by Region (2026-2031)
- 5.1.4 Global Biodiesel Sales Value by Region (%), (2020-2031)
- 5.2 Global Biodiesel Sales Volume by Region
- 5.2.1 Global Biodiesel Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Biodiesel Sales Volume by Region (2020-2025)
- 5.2.3 Global Biodiesel Sales Volume by Region (2026-2031)
- 5.2.4 Global Biodiesel Sales Volume by Region (%), (2020-2031)
- 5.3 Global Biodiesel Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Biodiesel Sales Value, 2020-2031
- 5.4.2 North America Biodiesel Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Biodiesel Sales Value, 2020-2031
- 5.5.2 Europe Biodiesel Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Biodiesel Sales Value, 2020-2031
- 5.6.2 Asia Pacific Biodiesel Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Biodiesel Sales Value, 2020-2031
- 5.7.2 South America Biodiesel Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Biodiesel Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Biodiesel Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Biodiesel Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Biodiesel Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Biodiesel Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Biodiesel Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Biodiesel Sales Value, 2020-2031
- 6.3.2 United States Biodiesel Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Biodiesel Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Biodiesel Sales Value, 2020-2031
- 6.4.2 Europe Biodiesel Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Biodiesel Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Biodiesel Sales Value, 2020-2031
- 6.5.2 China Biodiesel Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Biodiesel Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Biodiesel Sales Value, 2020-2031
- 6.6.2 Japan Biodiesel Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Biodiesel Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Biodiesel Sales Value, 2020-2031
- 6.7.2 South Korea Biodiesel Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Biodiesel Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Biodiesel Sales Value, 2020-2031
- 6.8.2 Southeast Asia Biodiesel Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Biodiesel Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Biodiesel Sales Value, 2020-2031
- 6.9.2 India Biodiesel Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Biodiesel Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Renewable Energy Group
- 7.1.1 Renewable Energy Group Company Information
- 7.1.2 Renewable Energy Group Introduction and Business Overview
- 7.1.3 Renewable Energy Group Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Renewable Energy Group Biodiesel Product Offerings
- 7.1.5 Renewable Energy Group Recent Development
- 7.2 Cargill
- 7.2.1 Cargill Company Information
- 7.2.2 Cargill Introduction and Business Overview
- 7.2.3 Cargill Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Cargill Biodiesel Product Offerings
- 7.2.5 Cargill Recent Development
- 7.3 Greenergy
- 7.3.1 Greenergy Company Information
- 7.3.2 Greenergy Introduction and Business Overview
- 7.3.3 Greenergy Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Greenergy Biodiesel Product Offerings
- 7.3.5 Greenergy Recent Development
- 7.4 Louis Dreyfus Company
- 7.4.1 Louis Dreyfus Company Company Information
- 7.4.2 Louis Dreyfus Company Introduction and Business Overview
- 7.4.3 Louis Dreyfus Company Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Louis Dreyfus Company Biodiesel Product Offerings
- 7.4.5 Louis Dreyfus Company Recent Development
- 7.5 Wilmar International
- 7.5.1 Wilmar International Company Information
- 7.5.2 Wilmar International Introduction and Business Overview
- 7.5.3 Wilmar International Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Wilmar International Biodiesel Product Offerings
- 7.5.5 Wilmar International Recent Development
- 7.6 Renewable Biofuels (USA)
- 7.6.1 Renewable Biofuels (USA) Company Information
- 7.6.2 Renewable Biofuels (USA) Introduction and Business Overview
- 7.6.3 Renewable Biofuels (USA) Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Renewable Biofuels (USA) Biodiesel Product Offerings
- 7.6.5 Renewable Biofuels (USA) Recent Development
- 7.7 Ag Processing Inc.
- 7.7.1 Ag Processing Inc. Company Information
- 7.7.2 Ag Processing Inc. Introduction and Business Overview
- 7.7.3 Ag Processing Inc. Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Ag Processing Inc. Biodiesel Product Offerings
- 7.7.5 Ag Processing Inc. Recent Development
- 7.8 ADM
- 7.8.1 ADM Company Information
- 7.8.2 ADM Introduction and Business Overview
- 7.8.3 ADM Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 ADM Biodiesel Product Offerings
- 7.8.5 ADM Recent Development
- 7.9 Verbio
- 7.9.1 Verbio Company Information
- 7.9.2 Verbio Introduction and Business Overview
- 7.9.3 Verbio Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Verbio Biodiesel Product Offerings
- 7.9.5 Verbio Recent Development
- 7.10 Bunge
- 7.10.1 Bunge Company Information
- 7.10.2 Bunge Introduction and Business Overview
- 7.10.3 Bunge Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Bunge Biodiesel Product Offerings
- 7.10.5 Bunge Recent Development
- 7.11 Argent Energy
- 7.11.1 Argent Energy Company Information
- 7.11.2 Argent Energy Introduction and Business Overview
- 7.11.3 Argent Energy Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Argent Energy Biodiesel Product Offerings
- 7.11.5 Argent Energy Recent Development
- 7.12 Zhuoyue New Energy
- 7.12.1 Zhuoyue New Energy Company Information
- 7.12.2 Zhuoyue New Energy Introduction and Business Overview
- 7.12.3 Zhuoyue New Energy Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Zhuoyue New Energy Biodiesel Product Offerings
- 7.12.5 Zhuoyue New Energy Recent Development
- 7.13 Jiaao Enprotech Stock
- 7.13.1 Jiaao Enprotech Stock Company Information
- 7.13.2 Jiaao Enprotech Stock Introduction and Business Overview
- 7.13.3 Jiaao Enprotech Stock Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Jiaao Enprotech Stock Biodiesel Product Offerings
- 7.13.5 Jiaao Enprotech Stock Recent Development
- 7.14 Moeve
- 7.14.1 Moeve Company Information
- 7.14.2 Moeve Introduction and Business Overview
- 7.14.3 Moeve Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Moeve Biodiesel Product Offerings
- 7.14.5 Moeve Recent Development
- 7.15 Hebei Jingu
- 7.15.1 Hebei Jingu Company Information
- 7.15.2 Hebei Jingu Introduction and Business Overview
- 7.15.3 Hebei Jingu Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Hebei Jingu Biodiesel Product Offerings
- 7.15.5 Hebei Jingu Recent Development
- 7.16 Tangshan Jinlihai
- 7.16.1 Tangshan Jinlihai Company Information
- 7.16.2 Tangshan Jinlihai Introduction and Business Overview
- 7.16.3 Tangshan Jinlihai Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Tangshan Jinlihai Biodiesel Product Offerings
- 7.16.5 Tangshan Jinlihai Recent Development
- 7.17 Anhui Tianyi
- 7.17.1 Anhui Tianyi Company Information
- 7.17.2 Anhui Tianyi Introduction and Business Overview
- 7.17.3 Anhui Tianyi Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Anhui Tianyi Biodiesel Product Offerings
- 7.17.5 Anhui Tianyi Recent Development
- 7.18 Viterra
- 7.18.1 Viterra Company Information
- 7.18.2 Viterra Introduction and Business Overview
- 7.18.3 Viterra Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Viterra Biodiesel Product Offerings
- 7.18.5 Viterra Recent Development
- 7.19 Shanghai Zhongqi
- 7.19.1 Shanghai Zhongqi Company Information
- 7.19.2 Shanghai Zhongqi Introduction and Business Overview
- 7.19.3 Shanghai Zhongqi Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Shanghai Zhongqi Biodiesel Product Offerings
- 7.19.5 Shanghai Zhongqi Recent Development
- 7.20 Shandong Fenghui
- 7.20.1 Shandong Fenghui Company Information
- 7.20.2 Shandong Fenghui Introduction and Business Overview
- 7.20.3 Shandong Fenghui Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Shandong Fenghui Biodiesel Product Offerings
- 7.20.5 Shandong Fenghui Recent Development
- 7.21 SARIA
- 7.21.1 SARIA Company Information
- 7.21.2 SARIA Introduction and Business Overview
- 7.21.3 SARIA Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.21.4 SARIA Biodiesel Product Offerings
- 7.21.5 SARIA Recent Development
- 7.22 Longhai Bioenergy
- 7.22.1 Longhai Bioenergy Company Information
- 7.22.2 Longhai Bioenergy Introduction and Business Overview
- 7.22.3 Longhai Bioenergy Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.22.4 Longhai Bioenergy Biodiesel Product Offerings
- 7.22.5 Longhai Bioenergy Recent Development
- 7.23 Evergreen BioEnergy
- 7.23.1 Evergreen BioEnergy Company Information
- 7.23.2 Evergreen BioEnergy Introduction and Business Overview
- 7.23.3 Evergreen BioEnergy Biodiesel Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.23.4 Evergreen BioEnergy Biodiesel Product Offerings
- 7.23.5 Evergreen BioEnergy Recent Development
8 Industry Chain Analysis
- 8.1 Biodiesel Industrial Chain
- 8.2 Biodiesel Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Biodiesel Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Biodiesel Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer