Top 10 Companies in the Bio-based Feedstock Industry (2025): Market Leaders Powering the Circular Economy

In Business Insights
December 11, 2025

The Global Bio-based Feedstock Market was valued at USD 732.5 Billion in 2023 and is projected to reach USD 1.2 Trillion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2024–2030). This remarkable expansion is propelled by the global shift towards a circular economy, stringent environmental regulations, and rising consumer demand for sustainable products across the energy, chemicals, and materials sectors.

As industries worldwide seek to decarbonize and reduce their reliance on fossil resources, the companies producing bio-based raw materials are becoming pivotal to global supply chains. These leaders are transforming agricultural residues, woody biomass, and organic waste into valuable feedstocks for biofuels, bioplastics, and biochemicals. In this analysis, we profile the Top 10 Companies in the Bio-based Feedstock Industry—a diverse group of chemical giants, specialized biorefiners, and technology innovators shaping the future of sustainable manufacturing.

Download FREE Sample Report: Bio-based Feedstock Market – View in Detailed Research Report


🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Bio-based Succinic Acid, Bio-based BDO, Certified Biomass Balance Products

BASF is a global chemical leader with a comprehensive portfolio of bio-based feedstocks and intermediates. The company’s Biomass Balance approach enables the integration of renewable raw materials right at the beginning of the production chain, offering customers drop-in solutions that reduce the carbon footprint of a wide range of end products, from plastics to coatings.

Sustainability Initiatives:

  • Committed to achieving CO2-neutral growth by 2030

  • Pioneering the use of second-generation feedstocks to avoid competition with food production

  • Strategic partnerships for sourcing sustainable biomass globally


9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Bio-based Polyethylene, Renewable Ethylene, Bio-based Propylene Glycol

Dow is a major force in the transition to bio-based materials, particularly in the plastics and packaging industries. The company produces bio-based polyethylene derived from sugarcane ethanol, offering identical performance to its fossil-based counterpart with a significantly lower carbon footprint.

Sustainability Initiatives:

  • Target to transition 3 million metric tons of annual production to circular or renewable solutions by 2030

  • Investments in advanced recycling and bio-based technologies

  • Collaboration with agricultural partners for sustainable feedstock sourcing


8️⃣ 3. DSM-Firmenich

Headquarters: Kaiseraugst, Switzerland
Key Offering: Bio-based Building Blocks, Sustainable Nutrition Ingredients, Bio-based Polymers

Following its merger, DSM-Firmenich has strengthened its position in bio-based solutions for health, nutrition, and materials. The company leverages biotechnology to convert renewable feedstocks into high-value ingredients for various industries, with a strong focus on circularity and life cycle assessment.

Sustainability Initiatives:

  • Science-based targets for reducing value chain greenhouse gas emissions

  • Development of novel bio-conversion platforms for waste valorization

  • Commitment to 100% renewable electricity across operations

Download FREE Sample Report: Bio-based Feedstock Market – View in Detailed Research Report


7️⃣ 4. Clariant AG

Headquarters: Muttenz, Switzerland
Key Offering: Sunliquid® Cellulosic Ethanol, Bio-based Surfactants, Renewable Catalysts

Clariant is a specialty chemicals company with significant expertise in catalyzing the bio-economy. Its sunliquid® technology efficiently converts agricultural residues into cellulosic sugars and ethanol, providing a scalable solution for second-generation biofuel production without using food-competing crops.

Sustainability Initiatives:

  • Flagship commercial-scale cellulosic ethanol plant in Romania

  • EcoCircle portfolio for products with superior environmental profiles

  • Focus on creating value from lignocellulosic biomass waste streams


6️⃣ 5. Neste Corporation

Headquarters: Espoo, Finland
Key Offering: Renewable Diesel (HVO), Sustainable Aviation Fuel, Renewable Polymers and Chemicals Feedstock

While widely recognized for renewable fuels, Neste is increasingly important as a supplier of bio-based feedstocks for the plastics and chemicals industries. The company’s RE™ product line provides drop-in renewable solutions that help brand owners meet their sustainability targets without compromising on quality.

Sustainability Initiatives:

  • Global leader in renewable diesel and sustainable aviation fuel production

  • Expanding feedstock flexibility to include waste and residue oils

  • Target to help customers reduce greenhouse gas emissions by at least 20 million tons annually by 2030


5️⃣ 6. Beta Renewables (M&G Chemicals)

Headquarters: Tortona, Italy
Key Offering: PROESA® Technology Platform, Second-Generation Bioethanol, Lignin Co-product

Beta Renewables is a technology provider and producer that has commercialized the PROESA® process for converting non-food biomass into fermentable sugars and biofuels. The company operates one of the world’s first commercial-scale cellulosic biofuel facilities and licenses its technology globally.

Sustainability Initiatives:

  • Pioneering non-food biomass conversion technology

  • Focus on agricultural residue utilization (wheat straw, Arundo donax)

  • Integration of lignin valorization for additional revenue streams


4️⃣ 7. Enerkem

Headquarters: Montreal, Canada
Key Offering: Waste-to-Biofuels Technology, Methanol from Municipal Solid Waste, Ethanol Production

Enerkem has developed a groundbreaking technology that converts non-recyclable municipal solid waste into biofuels and renewable chemicals. This approach addresses waste management challenges while creating valuable circular economy feedstocks, positioning the company at the forefront of urban waste valorization.

Sustainability Initiatives:

  • Commercial-scale waste-to-biofuels facility in Edmonton, Canada

  • Diverting hundreds of thousands of tons of waste from landfills annually

  • Partnerships with major waste management and chemical companies globally

Download FREE Sample Report: Bio-based Feedstock Market – View in Detailed Research Report


3️⃣ 8. Abengoa Bioenergy

Headquarters: Seville, Spain
Key Offering: Bioethanol, Biobutanol, Lignocellulosic Biomass Conversion Technology

Abengoa has been a significant player in the bioenergy sector with extensive experience in both first and second-generation biofuel production. The company’s technological expertise in processing various biomass types makes it a key contributor to the bio-based feedstock ecosystem, despite undergoing corporate restructuring to focus on its most promising technologies.

Sustainability Initiatives:

  • Development of integrated biorefineries for multi-product output

  • Advanced enzymatic hydrolysis technologies for biomass conversion

  • Focus on creating sustainable biofuel solutions for transport sector


2️⃣ 9. INEOS Bio

Headquarters: London, United Kingdom
Key Offering: Bioethanol from Waste, Advanced Bio-based Chemicals, Technology Licensing

As part of the INEOS group, INEOS Bio brings industrial scale and chemical expertise to the bio-based feedstock market. The company’s technology platform converts greenhouse gases and waste materials into sustainable alternatives to fossil-based products, with applications spanning fuels, chemicals, and power generation.

Sustainability Initiatives:

  • Innovative gas fermentation technology utilizing waste carbon streams

  • Commercial demonstration plant for advanced bioethanol production

  • Integration with existing petrochemical infrastructure for efficient scaling


1️⃣ 10. GranBio

Headquarters: São Paulo, Brazil
Key Offering: Biofuel from Sugarcane Residues, Nanocellulose, Second-Generation Ethanol

GranBio is a Brazilian industrial biotechnology company that has developed innovative technologies for converting sugarcane straw and bagasse into advanced biofuels and biomaterials. Leveraging Brazil’s strong agricultural base, the company is positioned to become a major supplier of sustainable feedstocks to global markets.

Sustainability Initiatives:

  • Commercial-scale cellulosic ethanol production from agricultural residues

  • Development of high-value co-products from lignin and hemicellulose

  • Strategic focus on leveraging Brazil’s biomass potential for global markets

Get Full Report Here: Bio-based Feedstock Market – View in Detailed Research Report


🌍 Outlook: The Bio-based Revolution Is Accelerating

The bio-based feedstock market is experiencing unprecedented growth as sustainability becomes a core business imperative across industries. While first-generation feedstocks still dominate current production volumes, the industry is rapidly advancing toward more sustainable second and third-generation sources that avoid competition with food production and utilize waste streams.

📈 Key Trends Shaping the Market:

  • Rapid expansion of advanced biorefineries in North America, Europe, and Asia

  • Policy support through mandates like the EU’s Renewable Energy Directive and US Renewable Fuel Standard

  • Increasing corporate commitments to bio-based content in packaging and products

  • Technological breakthroughs in converting complex biomass into high-value chemicals

Get Full Report Here: Bio-based Feedstock Market – View in Detailed Research Report

The companies profiled above are not just supplying raw materials—they’re building the foundation for a carbon-neutral circular economy that will redefine global manufacturing for decades to come.