The biofuels market in Germany is expected to reach a projected revenue of US$ 11,470.6 million by 2030. A compound annual growth rate of 11.7% is expected of Germany biofuels market from 2024 to 2030.
The Germany biofuels market generated a revenue of USD 5,346.5 million in 2023 and is expected to reach USD 11,470.6 million by 2030.
The Germany market is expected to grow at a CAGR of 11.7% from 2024 to 2030.
In terms of segment, solid biofuel was the largest revenue generating form in 2023.
Liquid Biofuel is the most lucrative form segment registering the fastest growth during the forecast period.
Biofuels market data book summary
Market revenue in 2023
USD 5,346.5 million
Market revenue in 2030
USD 11,470.6 million
Growth rate
11.7% (CAGR from 2024 to 2030)
Largest segment
Solid biofuel
Fastest growing segment
Liquid Biofuel
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Solid Biofuel, Liquid Biofuel, Gaseous Biofuel
Key market players worldwide
Air Liquide SA, Archer-Daniels Midland Co, Bunge Global SA, Green Plains Inc, Petroleo Brasileiro SA Petrobras ADR, Chevron Corp, International Flavors & Fragrances Inc, Shell PLC, Wilmar International Ltd
Other key industry trends
In terms of revenue, Germany accounted for 5.4% of the biofuels market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, France biofuels market is projected to lead the regional market in terms of revenue in 2030.
Spain is the fastest growing regional market in Europe and is projected to reach USD 2,296.5 million by 2030.
Germany initially developed a reasonably widespread biofuel infrastructure, but after the federal government removed tax incentives in 2015, E85 nearly vanished from the country's service stations.
In 2021, Germany's biorefineries processed 1.3 million tons of sugar beet and 2.3 million tons of feed grain into bioethanol, as well as numerous co-products such as GMO-free protein animal feed, biogenic carbon dioxide or organic fertilizers and biogas.
The German Bioethanol Industry Association has released market data for certified sustainable bioethanol production and consumption in Germany through 2021. According to the organization, demand for Super E10 has increased dramatically.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biofuels Market Outlook will help companies and investors design strategic landscapes.
Solid Biofuel was the largest segment with a revenue share of 49.83% in 2023.
Horizon Databook has segmented the Germany biofuels market based on solid biofuel, liquid biofuel, gaseous biofuel covering the revenue growth of each sub-segment from 2018 to 2030.
Germany initially developed a reasonably widespread biofuel infrastructure, but after the federal government removed tax incentives in 2015, E85 nearly vanished from the country's service stations.
In 2021, Germany's biorefineries processed 1.3 million tons of sugar beet and 2.3 million tons of feed grain into bioethanol, as well as numerous co-products such as GMO-free protein animal feed, biogenic carbon dioxide or organic fertilizers and biogas.
The German Bioethanol Industry Association has released market data for certified sustainable bioethanol production and consumption in Germany through 2021. According to the organization, demand for Super E10 has increased dramatically.
Germany Biofuels Market Form Outlook (Revenue, USD Million , 2018-2030)
Solid Biofuel
Liquid Biofuel
Gaseous Biofuel
Germany Biofuels Market Product Outlook (Revenue, USD Million , 2018-2030)
Biodiesel
Ethanol
Wood Pellets
Other Product
Germany Biofuels Market Feedstock Outlook (Revenue, USD Million , 2018-2030)
Corn
Sugarcane
Vegetable Oils
Other Feedstock
Germany Biofuels Market Application Outlook (Revenue, USD Million , 2018-2030)
Transportation
Aviation
Energy Generation
Heating
Other Application
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Biofuels Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Biofuels Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.