The bioethanol market - France

Global bioethanol production is on an upward trend, and the market is valued at $83.4 billion in 2023. It is expected to grow at a CAGR of 6.6% until 2028. The world's leading producers are the United States, Brazil and Germany. Global production is set to rise sharply over the next few years, as government regulators set ever-higher incorporation rates in fuels for sale on the market. At the same time, demand for ethanol is driven by technological advances and increased research. The lower production costs of these energy sources should lead to increased consumption. France, a 4ᵉ world producer, is a major European player. It is the main supplier of the raw materials used in bioethanol production, but also relies heavily on imports, particularly from European countries. Most of its production is destined for domestic consumption, and bioethanol-based fuels are becoming increasingly popular, as in the case of SP95-E10, which accounted for 56% of petrol consumed in France in 2022. The bioethanol sector is therefore set to expand significantly in the years ahead, and the growing popularity of "Flex Fuel" vehicles and bioethanol kits, making conventional vehicles compatible with new fuels such as E85, are further growth factors to be taken into account.