This report aims to provide a comprehensive presentation of the global market for Bio-based Sustainable Aviation Fuel (SAF), 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 Bio-based Sustainable Aviation Fuel (SAF). This report contains market size and forecasts of Bio-based Sustainable Aviation Fuel (SAF) in global, including the following market information:

Global Bio-based Sustainable Aviation Fuel (SAF) Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Bio-based Sustainable Aviation Fuel (SAF) Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Bio-based Sustainable Aviation Fuel (SAF) companies in 2022 (%)
The global Bio-based Sustainable Aviation Fuel (SAF) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
HEFA-SPK Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Bio-based Sustainable Aviation Fuel (SAF) include Neste, Total, Fulcrum BioEnergy, Gevo, Red Rock Biofuels, SG Preston, Velocys, LanzaTech and SkyNRG, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Bio-based Sustainable Aviation Fuel (SAF) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-based Sustainable Aviation Fuel (SAF) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Bio-based Sustainable Aviation Fuel (SAF) Market Segment Percentages, by Type, 2022 (%)

• HEFA-SPK
• FT-SPK
• ATJ-SPK
• Co-processing
• Others

• Civil
• Military

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

• Key companies Bio-based Sustainable Aviation Fuel (SAF) revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Bio-based Sustainable Aviation Fuel (SAF) revenues share in global market, 2022 (%)
• Key companies Bio-based Sustainable Aviation Fuel (SAF) sales in global market, 2018-2023 (Estimated), (Tons)
• Key companies Bio-based Sustainable Aviation Fuel (SAF) sales share in global market, 2022 (%)

• Neste
• Total
• Fulcrum BioEnergy
• Gevo
• Red Rock Biofuels
• SG Preston
• Velocys
• LanzaTech
• SkyNRG
• Sinopec
• World Energy
• Repsol
• Aemetis
• ECO Biochemical
• BP
• IHI
• Eni

Outline of Major Chapters:
Chapter 1: Introduces the definition of Bio-based Sustainable Aviation Fuel (SAF), market overview.
Chapter 2: Global Bio-based Sustainable Aviation Fuel (SAF) market size in revenue and volume.
Chapter 3: Detailed analysis of Bio-based Sustainable Aviation Fuel (SAF) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Bio-based Sustainable Aviation Fuel (SAF) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
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: Global Bio-based Sustainable Aviation Fuel (SAF) capacity by region & country.
Chapter 8: Introduces 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.

The Global Bio-based Sustainable Aviation Fuel (SAF) Market was valued at USD 412.7 Million in 2023 and is projected to reach USD 15.24 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 54.8% during the forecast period (2023–2030). This unprecedented growth is being driven by stringent regulatory mandates, major airline decarbonization commitments, and the urgent need to reduce aviation’s carbon footprint through advanced biofuel technologies.

As the aviation industry accelerates its transition toward carbon-neutral operations, the focus has shifted to specialized biofuel producers and energy majors pioneering next-generation fuel pathways. In this analysis, we profile the Top 10 Companies in the Bio-based Sustainable Aviation Fuel Industry—a group of innovators, refiners, and sustainability champions leading the green aviation revolution.

🔟 1. Neste Corporation

Headquarters: Espoo, Finland
Key Offering: Neste MY Sustainable Aviation Fuel™

Neste stands as the undisputed global market leader in SAF production, leveraging its proprietary NEXBTL technology to convert waste and residue oils into high-quality renewable jet fuel. The company supplies its SAF to major international airlines and has established distribution partnerships across key aviation hubs in Europe, North America, and Asia-Pacific.

Sustainability Initiatives:

• Current SAF production capacity: 1.2 million tons per year

• Target SAF capacity: 2.2 million tons per year by 2026

• Strategic partnerships with major airlines including Lufthansa, KLM, and American Airlines

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Bio-based Sustainable Aviation Fuel (SAF) Market – View in Detailed Research Report

9️⃣ 2. TotalEnergies

Headquarters: Paris, France
Key Offering: TotalEnergies JET A-1, Sustainable Aviation Fuel (Biojet)

TotalEnergies has positioned itself as Europe’s SAF powerhouse through significant investments in HEFA (Hydroprocessed Esters and Fatty Acids) technology and large-scale production facilities.

Sustainability Initiatives:

• Goal to produce 1.5 million tons of SAF annually by 2030

• Europe’s largest SAF production unit at its Normandy refinery

• Committed to 10% SAF blending in total aviation fuel output

8️⃣ 3. World Energy

Headquarters: Boston, Massachusetts, USA
Key Offering: SAF production, distribution, and technical consulting

World Energy operates North America’s first commercial-scale SAF production facility in Paramount, California, and is developing additional plants in the United States.

Sustainability Initiatives:

• Major SAF supply agreements with United Airlines and other carriers

• Pioneering SAF logistics and airport infrastructure development

7️⃣ 4. Gevo, Inc.

Headquarters: Englewood, Colorado, USA
Key Offering: Alcohol-to-Jet (ATJ) SAF, feedstock development

Gevo is advancing its proprietary ATJ technology pathway, which converts agricultural feedstocks and sustainable carbohydrates into renewable jet fuel with significantly reduced carbon intensity.

Sustainability Initiatives:

• Net-Zero projects targeting carbon-negative SAF production

• Multi-year offtake agreements with major airlines including Delta Air Lines

• Focus on sustainable corn and other biomass feedstocks for fuel production

Download FREE Sample Report:
Bio-based Sustainable Aviation Fuel (SAF) Market – View in Detailed Research Report

6️⃣ 5. Fulcrum BioEnergy

Headquarters: Pleasanton, California, USA
Key Offering: Waste-to-Fuel SAF, FT-SPK production

Fulcrum BioEnergy specializes in converting household waste into low-carbon synthetic crude oil, which is then upgraded into renewable jet fuel through its proprietary process.

Sustainability Initiatives:

• Sierra BioFuels Plant – first commercial-scale waste-to-fuels facility in the U.S.

  Sustainability Initiatives:

  • Sierra BioFuels Plant in operation since 2022

  • Strategic partnerships with BP, United Airlines, and Cathay Pacific

  • Expansion plans for multiple additional SAF facilities across North America

  ---

  5️⃣ 6. LanzaTech

  Headquarters: Skokie, Illinois, USA
  Key Offering: Carbon recycling technology, ATJ-SPK

  LanzaTech has pioneered gas fermentation technology that captures carbon emissions from industrial processes and converts them into sustainable fuels.

  Sustainability Initiatives:

  • Patented process converting waste carbon into ethanol and subsequent conversion to SAF.

    Sustainability Initiatives:

    • CarbonSmart™ technology platform for emissions-to-fuels conversion

    • Partnerships with major airlines including Virgin Atlantic and All Nippon Airways

    • Global deployment of carbon recycling facilities with partners in Europe, Asia, and North America

    ---

    4️⃣ 7. SkyNRG

    Headquarters: Amsterdam, Netherlands
    Key Offering: SAF supply chain management, advisory services, project development

    SkyNRG has established itself as a leading global SAF supplier and advisor, developing dedicated SAF production facilities and supporting airline sustainability programs.

    Sustainability Initiatives:

    • World’s first dedicated SAF production plant DSL-01 under development

    • Focus on establishing regional SAF production and distribution hubs worldwide

    ---

    3️⃣ 8. Red Rock Biofuels

    Headquarters: Fort Collins, Colorado, USA
    Key Offering: Forestry waste-to-SAF, Fischer-Tropsch technology

    Red Rock Biofuels utilizes forestry and agricultural waste to produce renewable diesel and SAF through its integrated biorefinery approach.

    Sustainability Initiatives:

    • Oregon biorefinery converting woody biomass into low-carbon jet fuel for Southwest Airlines and other carriers.

      Sustainability Initiatives:

      • Feedstock partnerships with forest management organizations

      • Strategic offtake agreements with major U.S. airlines

      Download FREE Sample Report:
      Bio-based Sustainable Aviation Fuel (SAF) Market – View in Detailed Research Report

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      2️⃣ 9. Aemetis, Inc.

      Headquarters: Cupertino, California, USA
      Key Offering: Renewable fuels, SAF from various feedstocks

      Aemetis is developing multiple SAF production pathways, including its Riverbank biorefinery project in California focused on converting waste feedstocks into advanced biofuels.

      Sustainability Initiatives:

      • Integrated production approach utilizing agricultural and dairy waste

      • Integration of carbon capture and sequestration technologies

      ---

      1️⃣ 10. Velocys

      Headquarters: Oxford, United Kingdom
      Key Offering: Fischer-Tropsch technology for waste-to-SAF conversion

      Velocys provides catalyst and reactor technology for the production of low-carbon intensity SAF from municipal solid waste and other sustainable feedstocks.

      Sustainability Initiatives:

      • Bayou Fuels project in Mississippi targeting SAF production

      • Focus on enabling smaller-scale, economically viable SAF production facilities.

      Get Full Report Here:
      Bio-based Sustainable Aviation Fuel (SAF) Market – View in Detailed Research Report

      ---

      🌍 Outlook: The Future of Bio-based SAF Is Innovation and Scale

      The bio-based SAF market is undergoing rapid transformation from niche demonstration projects to commercial-scale production. Established petroleum companies and specialized biofuel producers are racing to develop economically viable production pathways that can meet the aviation industry’s ambitious decarbonization targets.

      📈 Key Trends Shaping the Market:

      • Exponential capacity growth through 2030 with major projects across Europe, North America, and Asia.

      • Regulatory frameworks mandating SAF blending in multiple jurisdictions, including the EU’s RefuelEU Aviation initiative and U.S. Sustainable Aviation Fuel Grand Challenge

      • Advanced feedstock development including agricultural residues, algae, municipal solid waste, and power-to-liquid technologies

      • Supply chain integration and infrastructure development for efficient SAF distribution

      Get Full Report Here:
      Bio-based Sustainable Aviation Fuel (SAF) Market – View in Detailed Research Report

      The companies profiled above represent the vanguard of sustainable aviation fuel production—their collective efforts are accelerating the industry’s transition toward carbon-neutral aviation operations.

      
      

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      Rohit k

      

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