According to our (Global Info Research) latest study, the global Aviation Biofuels market size was valued at US$ 8474 million in 2025 and is forecast to a readjusted size of US$ 19509 million by 2032 with a CAGR of 12.2% during review period.
Global aviation biofuel sales reached 4.25 million tons in 2025, with an average price of US$1,935 per ton.
Aviation biofuel refers to aviation turbine fuel produced from renewable biomass such as animal and vegetable oils, agricultural and forestry waste, or algae through processes such as hydrogenation, Fischer-Tropsch synthesis, or alcohol-to-oil (ATJ). Its chemical composition, energy density, and freezing point are highly consistent with traditional Jet A-1 jet fuel, and it can be used directly or blended at a ratio of 1%–50% in existing engines without requiring modifications to the aircraft fuel system.
The raw materials for aviation biofuels follow a "three oils and one grass" pattern: oils (palm oil, rapeseed oil, waste cooking oil, and animal fats) remain the mainstream. Europe and America primarily use vegetable oils, while China considers the over ten million tons of "gutter oil" produced annually as a core resource to "not compete with human food production." However, this resource is complex in terms of impurities and fluctuates significantly from batch to batch, requiring additional degumming and deacidification processes. Agricultural and forestry waste (straw, sawdust) and microalgae are considered second/third-generation raw materials. They are widely available and do not occupy arable land, but the lignocellulose requires expensive pretreatment. Although microalgae have an oil content as high as 70% of cell dry weight, large-scale cultivation and harvesting are still in the demonstration stage.
In terms of cost structure, raw material costs account for the largest share, reaching 65%–85%. Palm oil and rapeseed oil prices fluctuate with grain and oil prices, while gutter oil, despite its lower price, requires an additional purification process, resulting in an overall factory price only 10%–15% lower than vegetable oils. The remaining 15%–35% consists of hydrogen, catalysts, electricity, and depreciation: the oil-based hydrogenation route requires approximately 3.5–400 Nm³ of hydrogen per ton of SAF, with the price of green hydrogen directly determining the upper limit of the cost; the Fischer-Tropsch synthesis route requires multiple gasification and upgrading steps, resulting in even higher capital depreciation. Overall, the market price of SAF remains 2–4 times that of petrochemical jet fuel, and its commercial viability depends on policies such as mandatory blending in the EU and tax credits in the US.
This report is a detailed and comprehensive analysis for global Aviation Biofuels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Aviation Biofuels market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2021-2032
Global Aviation Biofuels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2021-2032
Global Aviation Biofuels market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2021-2032
Global Aviation Biofuels market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Aviation Biofuels
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Aviation Biofuels market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Neste, World Energy, TotalEnergies, Honeywell, SkyNRG, LanzaJet, Swedish Biofuels AB, Eni, Virent, Twelve, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Aviation Biofuels market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hydrogenated Vegetable Oil (HVO)
Fischer-Tropsch (FT)
Others
Market segment by Raw Materials
Animal and Vegetable Oils
Agricultural and Forestry Waste
Algae
Market segment by Product Forms
Blended Fuels
Pure Biofuels
Market segment by Application
Military Aviation
Commercial Aviation
Major players covered
Neste
World Energy
TotalEnergies
Honeywell
SkyNRG
LanzaJet
Swedish Biofuels AB
Eni
Virent
Twelve
P2X Europe
Zero Petroleum
Infinium
Red Rock Biofuels
GEVO
ADM
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aviation Biofuels product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Aviation Biofuels, with price, sales quantity, revenue, and global market share of Aviation Biofuels from 2021 to 2026.
Chapter 3, the Aviation Biofuels competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aviation Biofuels breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Aviation Biofuels market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Aviation Biofuels.
Chapter 14 and 15, to describe Aviation Biofuels sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Aviation Biofuels. Industry analysis & Market Report on Aviation Biofuels is a syndicated market report, published as Global Aviation Biofuels Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Aviation Biofuels market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.