The Global Biofuels Market is expected to grow by $ 23.21 bn during 2021-2025, progressing at a CAGR of over 3% during the forecast period

New York, Aug. 11, 2021 (GLOBE NEWSWIRE) — announces the release of the report “Global Biofuels Market 2021-2025” –
Our report on biofuels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased adoption of renewable sources of energy and increasing government support. In addition, increased adoption of renewable sources of energy is anticipated to boost the growth of the market as well.
The biofuels market analysis includes product segment and geographic landscape.

The biofuels market is segmented as below:
By Product
• Ethanol
• Biodiesel

By Geographical Landscape
• North America
• Europe
• South America

This study identifies the rising need for cleaner fuels as one of the prime reasons driving the biofuels market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on biofuels market covers the following areas:
• Biofuels market sizing
• Biofuels market forecast
• Biofuels market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biofuels market vendors that include ALTEN Group, Archer Daniels Midland Co., Argent Energy UK Ltd., BIOX Corp., Bunge Ltd., Cargill Inc., Louis Dreyfus Co. BV, RB FUELS, Renewable Energy Group Inc., and Wilmar International Ltd. Also, the biofuels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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