Global bioethanol market size 2023-2028

Published by Statista Research Department, Aug 25, 2023
The market value of bioethanol worldwide stood at an estimated 83.4 billion U.S. dollars in 2023. It is forecast to reach 114.7 billion U.S. dollars by 2028, with a compound annual growth rate of 6.6 percent. Bioethanol is a promising alternative fuel for heating, transportation, and electricity.

Market value of bioethanol worldwide in 2023 with a forecast for 2028 (in billion U.S. dollars)

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Release date

June 2023

Region

Worldwide

Survey time period

2023

Supplementary notes

*Estimated.
**Forecast based on a CAGR of 6.6 percent during the forecast period.

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