The Global Biofuels and Biodiesel Market was valued at USD 94.2 Billion in 2024 and is projected to reach USD 138.4 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2032). This expansion is driven by escalating environmental regulations, increasing government incentives for clean energy, and growing demand for renewable alternatives across transportation, aviation, and industrial sectors.

As global industries accelerate their transition toward low-carbon solutions, biodiesel and bioethanol producers are revolutionizing production through advanced feedstocks and breakthrough technologies. Our analysis profiles the Top 10 Companies in the Biofuels and Biodiesel Industry—established energy giants, agricultural processors, and clean-tech pioneers defining the future of sustainable fuels.

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🔟 1. Neste Corporation

Headquarters: Espoo, Finland
Key Offering: Neste MY Renewable Diesel, Sustainable Aviation Fuel (SAF)

Neste dominates the renewable diesel sector with its patented NEXBTL technology, producing 3.3 million tons annually. The company delivers low-emission fuels to 50+ countries and operates Europe’s largest renewable diesel refinery.

Sustainability Innovations:

• 92% lifecycle GHG reduction versus fossil diesel
• Expanding SAF capacity to 1.5M tons/year by 2024
• 85% of raw materials from waste/residues in 2023

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9️⃣ 2. ADM (Archer-Daniels-Midland Company)

Headquarters: Chicago, Illinois, USA
Key Offering: Bioethanol, biodiesel feedstocks

ADM operates 18 bioethanol plants across the Americas with 1.8 billion gallons/year capacity. Through its Diamond Green Diesel joint venture, ADM is expanding into renewable diesel production.

Sustainability Commitment:

• $500M investment in decarbonization projects
• 40% reduction in GHG intensity by 2035 target
• Commercializing novel oilseed crops for biodiesel

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8️⃣ 3. Renewable Energy Group (REG)

Headquarters: Ames, Iowa, USA
Key Offering: Biodiesel, renewable diesel

Now owned by Chevron, REG operates 13 biorefineries with 680 million gallons/year combined capacity specializing in waste-based feedstocks like used cooking oil.

Sustainability Benchmark:

• 100M gallon expansion planned through 2026
• 88% average GHG reduction across products

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7️⃣ 4. TotalEnergies

Headquarters: Paris, France
Key Offering: Bioethanol, HVO biofuels

TotalEnergies produces 7 million barrels/year of biofuels through facilities in France and Brazil, while converting its Grandpuits refinery into a biofuel hub.

Sustainability Strategy:

• 10% biofuel share in European sales by 2030
• Biofeed co-processing at 8 global refineries

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6️⃣ 5. Cargill

Headquarters: Minneapolis, Minnesota, USA
Key Offering: Biodiesel feedstocks, glycerin

Cargill processes 4M+ tons/year of vegetable oils and operates biodiesel plants in Europe while owning North America’s largest soybean processing facility.

Sustainability Leadership:

• 30% GHG reduction commitment by 2030
• SAF feedstock development partnerships

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5️⃣ 6. BP Bunge Bioenergia

Headquarters: São Paulo, Brazil
Key Offering: Sugarcane ethanol

The BP-Bunge JV operates 11 ethanol mills producing 2B liters/year from sugarcane—the world’s most advanced biofuel infrastructure.

Sustainability Benchmark:

• 70% lower lifecycle emissions than gasoline
• 100% renewable-powered operations

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4️⃣ 7. Green Plains Inc.

Headquarters: Omaha, Nebraska, USA
Key Offering: Ethanol, corn oil, high-protein feed

Green Plains operates 10 biorefineries processing 1B gallons/year of ethanol, while transitioning to higher-value agricultural processing.

Sustainability Targets:

• 50% carbon intensity reduction by 2024
• Developing carbon capture technologies

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3️⃣ 8. Envien Group

Headquarters: Bratislava, Slovakia
Key Offering: Waste-based biodiesel

Envien’s Biopaliva division leads EU biodiesel production with 800K tons/year capacity, specializing in circular economy feedstocks.

Sustainability Innovation:

• 90% waste/byproduct feedstocks
• Pioneering sunflower husk conversion

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2️⃣ 9. POET LLC

Headquarters: Sioux Falls, South Dakota, USA
Key Offering: Corn ethanol, livestock feed

America’s largest biofuels producer operates 33 ethanol plants with 3B gallons/year capacity, expanding into cellulosic ethanol.

Sustainability Advances:

• 30% water use reduction since 2008
• $4B investment in carbon capture pipelines

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1️⃣ 10. Elevance Renewable Sciences

Headquarters: Woodridge, Illinois, USA
Key Offering: Specialty renewable fuels

Elevance’s metathesis technology produces drop-in biofuels from natural oils, with a 180K ton/year biorefinery in Indonesia.

Sustainability Profile:

• 60-80% GHG reductions versus petroleum
• Waste palm oil conversion technology

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🌍 Outlook: The Biofuel Industry Transforms

The biofuels sector is undergoing radical transformation, shifting from traditional vegetable oil-based production to advanced waste-derived and synthetic biology solutions. Regulatory frameworks like the EU’s Renewable Energy Directive and U.S. Renewable Fuel Standard continue to drive market expansion.

📈 Key Industry Developments:

• Waste feedstocks projected to comprise 45% of biodiesel production by 2027
• Co-processing at petroleum refineries growing at 17% CAGR through 2030
• Aviation sector driving demand for hydroprocessed esters (HEFA) fuels
• U.S. Inflation Reduction Act stimulating $6B+ industry investments

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These industry leaders are not simply fuel producers—they’re architects of tomorrow’s low-carbon energy infrastructure through continuous innovation across the agricultural and energy value chains.