The United States, China, Europe and India are forecast to account for 80% of biofuel consumption growth in the accelerated case, according to a new report — Renewables 2022, focusing on analysis and forecast to 2027 — by the International Energy Agency (IEA).
![Total global biofuel demand set to expand by 22% over the next 5 years demand biodiesel - The Oregon Group - Critical Minerals and Energy Intelligence](https://theoregongroup.com/wp-content/uploads/2022/12/demand-biodiesel-1024x614.jpg)
Renewable diesel will makes up the largest share of this year-on-year expansion, encouraged by investment policies in the US and Europe.
Read our analysis biodiesel and the global diesel crisis, and how to solve the underlying problems.