According to our brand-new research report "Global Biofuel Market Analysis", the worldwide bio-fuel market will witness a quick growth track from 2010 onwards in the background of depleting nonrenewable fuel sources and deterioration of ecological conditions. It is forecasted that, the global bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, many federal governments across the globe have been implementing obligatory bio-fuel blend with the conventional fuel to further boost up the need for biofuel.

Our research study indicates that, as the increased usage of eco-friendly and alternative fuels can lead to considerable reductions in the use of petroleum-based fuels; it will become a preference for the users all over the world. Further, bio-fuel is also expected to indirectly help in minimizing hardship by providing a less expensive and more safe source of fuel in the long-term as it will decrease the proportion of household income invested in pricey energy.

Our extensive research & analysis of the market suggests that the American region, mainly the US, Brazil, and Canada, have been driving the global ethanol market accounting for around 90% of the overall worldwide ethanol production. On the contrary, the EU will emerge as the leading biodiesel producer in the coming years representing over 60% of the overall global biodiesel production.

"Global Biofuel Market Analysis" provides a substantial research and reasonable analysis of the global biofuel industry and its various sectors. It presents a deep insight into the local trends dominating around the world. Analysis and statistics relating to the market size, development, regional division, and patterns in technology developments have been thoroughly studied in the report to provide clients a thorough introduction of the biofuel market.

Additionally, the report contains information about the government support, biofuel distribution problems, and cost analysis to help customers develop suitable techniques for the expansion of organization in untapped markets. The report also presents brief info about the 2nd generation biofuels, which will raise the production capacity per acre land, in addition to their social and ecological benefits.