Ethanol Price in the UK - 2023. Find the latest marketing data on the IndexBox platform.

Ethanol traded flat at 1.71 USD/Gal on November 28, 2025. Over the past month, Ethanol's price has risen 0.59%, and is up 9.97% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Ethanol - values, historical data, forecasts and news - updated on December of 2025.

After three years of growth, the UK ethanol market decreased by -28.1% to $729M in 2024. Overall, consumption, however, showed strong growth. Ethanol consumption peaked at $1B in 2023, and then dropped rapidly in the following year.

The ethyl alcohol market in the UK is projected to experience continued growth over the next decade driven by increasing demand. Market volume is expected to reach 1.5B litres by 2035, with a forecasted CAGR of +3.0%. In value terms, the market is anticipated to increase to $1.3B by the end of 2035, with a projected CAGR of +3.4%.

The article discusses the increasing demand for ethyl alcohol in the UK, projecting a continued upward consumption trend over the next decade. Market performance is expected to decelerate with a forecasted CAGR of +0.2% in volume and +1.7% in value terms from 2024 to 2035, reaching 1B litres and $853M respectively by the end of 2035.

The UK ethyl alcohol market is expected to experience continued growth in both volume and value over the next decade. By 2035, market volume is projected to reach 1 billion litres, with a value of $853 million in nominal prices.

The Report Covers Europe Bioethanol Companies and the market is Segmented by Feedstock Type (Sugarcane, Corn, Wheat, and Other Feedstocks), Application (Fuel, Industrial, and Food and Beverages), and Geography (Germany, UK, France, Spain, Italy, and Rest of Europe).

• The industry was valued at US$ 94.6 Bn in 2023
• It is estimated to grow at a CAGR of 5.3% from 2024 to 2034 and reach US$ 166.6 Bn by the end of 2034

Market Introduction

Attribute	Detail
Drivers	Increase in Use of Ethanol as Biofuel Rise in Demand for Alcoholic Beverages

Regional Outlook

Attribute	Detail
Leading Region	North America

Ethanol Market Snapshot

Attribute	Detail
Market Size in 2023	US$ 94.6 Bn
Market Forecast (Value) in 2034	US$ 166.6 Bn
Growth Rate (CAGR)	5.3%
Forecast Period	2024-2034
Historical Data Available for	2020-2022
Quantitative Units	US$ Bn for Value
Market Analysis	It includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Feedstock Type Coarse-grain-based Ethanol Sugarcane-based Ethanol Wheat-based Ethanol End-use Fuel Industrial Solvents Beverages Cosmetics
Regions Covered	North America Europe Asia Pacific Latin America Middle East & Africa
Countries Covered	U.S. Canada Germany France U.K. Italy Russia & CIS China India Japan ASEAN Brazil Mexico GCC South Africa
Companies Profiled	ADM Cargill, Incorporated Solvay Mitsubishi Chemical Corporation Alto Ingredients, Inc. Green Plains Inc. The Andersons, Inc. Valero POET, LLC Flint Hill Resources
Customization Scope	Available upon request
Pricing	Available upon request

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Bioethanol Market Size 2025-2029

The bioethanol market size is valued to increase USD 125.24 billion, at a CAGR of 16.4% from 2024 to 2029. Increasing demand for continuous supply of clean fuel will drive the bioethanol market.

Major Market Trends & Insights

North America dominated the market and accounted for a 53% growth during the forecast period.
By Raw Material - Starch segment was valued at USD 27.34 billion in 2023
By End-user - Transportation segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 186.87 million
Market Future Opportunities: USD 125241.60 million
CAGR from 2024 to 2029 : 16.4%

Market Summary

The market represents a significant and continually evolving sector in the renewable energy industry. With increasing global concerns over carbon emissions and the need for sustainable fuel alternatives, the demand for bioethanol as a clean and renewable fuel source is on the rise. According to recent reports, bioethanol accounted for over 10% of the global fuel ethanol production in 2020. Core technologies and applications, such as enzymatic hydrolysis and fermentation, continue to advance, driving efficiency and reducing production costs. Bioethanol is increasingly being adopted as a transport fuel, with the automotive industry investing heavily in the development of flexible-fuel vehicles and infrastructure to support their use.
However, market growth is not without challenges. Fluctuation in prices of crude oil and other feedstocks, as well as regulatory frameworks and trade policies, can impact the profitability of bioethanol production. Despite these challenges, opportunities exist in emerging markets and the development of advanced technologies, such as cellulosic bioethanol, to further expand the market's potential.

What will be the Size of the Bioethanol Market during the forecast period?

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How is the Bioethanol Market Segmented ?

The bioethanol industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Raw Material

  Starch
  Sugar
  Cellulose
  Others


End-user

  Transportation
  Pharmaceuticals
  Cosmetics
  Alcoholic beverages


Type

  E10
  E85
  E20 and E25
  E70 and E75
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Indonesia
    Thailand


  South America

    Brazil


  Rest of World (ROW)

By Raw Material Insights

The starch segment is estimated to witness significant growth during the forecast period.

Bioethanol production continues to gain traction as a renewable energy source in the transportation sector, with ethanol blending becoming increasingly common in fuel specifications. In 2024, the starch segment held a substantial market share, accounting for approximately 45% of the industry. This dominance is due to the availability of a vast array of starch-based crops, such as wheat, barley, corn, and rye, along with starch-containing raw materials like tapioca, cassava, and potato. The hydrolysis process breaks down the chemical bonds among starch's monomer units, yielding simple sugars like glucose. Subsequently, the fermentation process converts glucose into bioethanol and carbon dioxide.

The demand for starch-based bioethanol is driven by the expanding markets in APAC and North America. Moreover, the transportation logistics sector benefits from ethanol yield optimization and wastewater treatment during the production process. Distillation techniques and byproduct utilization further enhance the efficiency of fuel ethanol production. Microbial fermentation and purification processes ensure quality control, while engine performance and emission reduction are key advantages of using bioethanol as a fuel additive. Looking ahead, the industry anticipates a growth trajectory, with the ethanol from lignocellulosic biomass segment projected to expand by 35% by 2026. Additionally, the adoption of pretreatment methods, such as enzyme hydrolysis, and the use of yeast strains like Saccharomyces cerevisiae contribute to the increasing production of cellulosic ethanol from agricultural residues and biomass conversion.

Process optimization, energy efficiency, and carbon footprint reduction are essential considerations in the market. Separation technologies, reactor design, and dehydration techniques are crucial components in the production process, ensuring the highest possible product quality and yield. The fuel ethanol industry's continuous evolution reflects its commitment to sustainability and the reduction of greenhouse gas emissions.

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The Starch segm

UK ethyl alcohol market analysis 2024-2035: Consumption dropped 16% to 985M litres in 2024 after three-year growth, with forecast of +0.1% CAGR volume growth to 999M litres by 2035. The US dominates imports with 75% market share while domestic production increased slightly.

This statistic shows the value from EU and non-EU exports of denatured ethyl alcohol in the United Kingdom between 2010 and 2019*. The EU was clearly an important trade partner for the United Kingdom over this period. EU exports of denatured ethyl alcohol reached a value of *** thousand British pounds in 2018.

IntroductionWhile evidence that alcohol pricing policies reduce alcohol-related health harm is robust, and alcohol taxation increases are a WHO “best buy” intervention, there is a lack of research comparing the scale and distribution across society of health impacts arising from alternative tax and price policy options. The aim of this study is to test whether four common alcohol taxation and pricing strategies differ in their impact on health inequalities.Methods and FindingsAn econometric epidemiological model was built with England 2014/2015 as the setting. Four pricing strategies implemented on top of the current tax were equalised to give the same 4.3% population-wide reduction in total alcohol-related mortality: current tax increase, a 13.4% all-product duty increase under the current UK system; a value-based tax, a 4.0% ad valorem tax based on product price; a strength-based tax, a volumetric tax of £0.22 per UK alcohol unit (= 8 g of ethanol); and minimum unit pricing, a minimum price threshold of £0.50 per unit, below which alcohol cannot be sold. Model inputs were calculated by combining data from representative household surveys on alcohol purchasing and consumption, administrative and healthcare data on 43 alcohol-attributable diseases, and published price elasticities and relative risk functions. Outcomes were annual per capita consumption, consumer spending, and alcohol-related deaths. Uncertainty was assessed via partial probabilistic sensitivity analysis (PSA) and scenario analysis.The pricing strategies differ as to how effects are distributed across the population, and, from a public health perspective, heavy drinkers in routine/manual occupations are a key group as they are at greatest risk of health harm from their drinking. Strength-based taxation and minimum unit pricing would have greater effects on mortality among drinkers in routine/manual occupations (particularly for heavy drinkers, where the estimated policy effects on mortality rates are as follows: current tax increase, −3.2%; value-based tax, −2.9%; strength-based tax, −6.1%; minimum unit pricing, −7.8%) and lesser impacts among drinkers in professional/managerial occupations (for heavy drinkers: current tax increase, −1.3%; value-based tax, −1.4%; strength-based tax, +0.2%; minimum unit pricing, +0.8%). Results from the PSA give slightly greater mean effects for both the routine/manual (current tax increase, −3.6% [95% uncertainty interval (UI) −6.1%, −0.6%]; value-based tax, −3.3% [UI −5.1%, −1.7%]; strength-based tax, −7.5% [UI −13.7%, −3.9%]; minimum unit pricing, −10.3% [UI −10.3%, −7.0%]) and professional/managerial occupation groups (current tax increase, −1.8% [UI −4.7%, +1.6%]; value-based tax, −1.9% [UI −3.6%, +0.4%]; strength-based tax, −0.8% [UI −6.9%, +4.0%]; minimum unit pricing, −0.7% [UI −5.6%, +3.6%]). Impacts of price changes on moderate drinkers were small regardless of income or socioeconomic group. Analysis of uncertainty shows that the relative effectiveness of the four policies is fairly stable, although uncertainty in the absolute scale of effects exists. Volumetric taxation and minimum unit pricing consistently outperform increasing the current tax or adding an ad valorem tax in terms of reducing mortality among the heaviest drinkers and reducing alcohol-related health inequalities (e.g., in the routine/manual occupation group, volumetric taxation reduces deaths more than increasing the current tax in 26 out of 30 probabilistic runs, minimum unit pricing reduces deaths more than volumetric tax in 21 out of 30 runs, and minimum unit pricing reduces deaths more than increasing the current tax in 30 out of 30 runs). Study limitations include reducing model complexity by not considering a largely ineffective ban on below-tax alcohol sales, special duty rates covering only small shares of the market, and the impact of tax fraud or retailer non-compliance with minimum unit prices.ConclusionsOur model estimates that, compared to tax increases under the current system or introducing taxation based on product value, alcohol-content-based taxation or minimum unit pricing would lead to larger reductions in health inequalities across income groups. We also estimate that alcohol-content-based taxation and minimum unit pricing would have the largest impact on harmful drinking, with minimal effects on those drinking in moderation.

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Biofuels Market Size 2025-2029

The biofuels market size is forecast to increase by USD 32.6 billion at a CAGR of 3.8% between 2024 and 2029.

The market is experiencing significant growth due to the increasing adoption of renewable energy sources as a response to reducing greenhouse gas emissions. Key biofuels include those derived from corn, sugarcane, vegetable oil, and biomass. This shift towards sustainable energy solutions is being fueled by both environmental concerns and regulatory mandates. However, market expansion is not without challenges. Fluctuations in oil prices pose a significant threat to the competitiveness of biofuels, as they can impact the cost-effectiveness of production. Additionally, regulatory hurdles impact adoption, particularly in regards to the approval and implementation of new biofuel technologies and standards.
Supply chain inconsistencies, including the availability and cost of raw materials, also temper growth potential. Companies seeking to capitalize on market opportunities must navigate these challenges effectively, focusing on innovation, cost reduction, and regulatory compliance. By doing so, they can position themselves as leaders in the rapidly evolving biofuels landscape.

What will be the Size of the Biofuels Market during the forecast period?

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The market is experiencing dynamic shifts driven by environmental concerns, regulatory frameworks, and technological advancements. Biofuel environmental impact is a critical factor influencing consumer awareness and public perception. Regulatory environments, such as renewable fuel mandates, shape the market landscape and drive investment opportunities in advanced biofuels like cellulosic ethanol. Biofuel lifecycle analysis and sustainability are key considerations for biofuel certification and consumer acceptance. Sustainable aviation fuel and drop-in fuels are gaining traction due to their reduced carbon footprint and compatibility with existing infrastructure. Biomass conversion and feedstock supply chain are essential components of the biofuel industry, with innovation ecosystems fostering breakthroughs in biofuel technology and biomass utilization.
Biofuel adoption rates are influenced by cost competitiveness and blending ratios, while infrastructure development and industry consolidation shape market penetration. Biofuel standards and certification play a crucial role in ensuring transparency and trust in the market. Social impact assessments and continuous innovation are essential for addressing challenges and seizing opportunities in the evolving biofuels landscape. Biofuels are derived from renewable sources, including plants, algae, and organic waste, and are utilized to fuel various vehicles, such as cars, trucks, ships, and airplanes. The market's expansion is driven by environmental regulations, the need for GHG reductions, and energy security concerns. Key biofuels include ethanol, biodiesel, renewable diesel, hydrogenated oil, biojet, and sustainable aviation fuel. Feedstocks for biofuel production include vegetable oil, molasses, coarse grain, sugar crops, and biomass, among others.

How is this Biofuels Industry segmented?

The biofuels industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Transportation
  Aviation
  Heating
  Energy generation
  Others


Product

  Ethanol
  Biodiesel


Material

  Starch crops and sugar crops
  Agricultural residues
  Oil crops
  Waste oils and fats
  Algae and non-food crops


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Indonesia


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The transportation segment is estimated to witness significant growth during the forecast period.

The transportation market has witnessed substantial expansion in the last decade, fueled by growing concerns over climate change, the imperative to decrease greenhouse gas emissions, and the pursuit of energy security. Governments worldwide have enacted regulations and policies to encourage biofuel adoption, contributing to market growth. Biofuels, derived from renewable sources such as plants, algae, and organic waste, are used to power various vehicles, including automobiles, heavy-duty trucks, ships, and aircraft. These alternative fuels offer improved fuel efficiency, reduced carbon emissions, and contribute to a low-carbon economy and circular economy. Biofuel production processes include the conversion of waste biomass into bioethanol, biodiesel, renewable diesel, biojet fuel, and other advanced biofuels.

The industrial sector and agricultural sector are significant con

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Solvents Market Size 2024-2028

The solvents market size is forecast to increase by USD 9.6 billion at a CAGR of 5.24% between 2023 and 2028. The market in the beauty industry is experiencing significant growth, driven by technological advancements in the recovery and recycling processes of solvents. These innovations enable the efficient use of solvents, reducing waste and lowering production costs. Additionally, the adoption of IoT technology in oil and gas extraction processes is increasing the demand for solvents, particularly ketones, ester solvents, glycol ether esters, alcohols such as methanol and ethanol. However, the market is also facing challenges due to the fluctuation in crude oil prices, which can impact the cost of raw materials and, consequently, the price of finished solvent products. To remain competitive, market players are focusing on improving production efficiency and reducing costs through process optimization and the adoption of sustainable manufacturing practices.

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The market encompasses a wide range of chemicals used as carriers for various applications. These include paints, coatings, adhesives, nail polish removers, printing inks, varnishes, fragrances, detergent, and spot removers, among others. The market is significantly influenced by the petrochemical output and the demand from industries such as Construction, Shipbuilding, and Aircraft manufacturing. Paints and coatings are major consumers of solvents, with Carbon tetrachloride and Methyl chloride being commonly used. However, due to environmental concerns, there is a shift towards the use of less harmful solvents such as alcohols, hydrocarbons, ketones, and Perchloroethylene (PERC). The personal care industry also contributes significantly to the market, with alcohols, ethanol, and Methyl isobutyl ketone being commonly used in cosmetics and nail polish removers. The market is subject to regulations such as the Solvents Emission Directive, which aims to reduce the environmental impact of solvent usage. In addition to these industries, the market also caters to the needs of various end-users such as the printing industry, where acetone is commonly used as a solvent for printing inks. Overall, the market is expected to grow due to the increasing demand for various end-use applications and the ongoing shift towards the use of less harmful solvents.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Alcohols
  Hydrocarbons
  Ketones
  Esters
  Others


End-user

  Paints and Coatings
  Pharmaceuticals
  Adhesives
  Printing Inks
  Others


Geography

  APAC

    China
    India
    Japan


  North America

    US


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By Type Insights

The alcohols segment is estimated to witness significant growth during the forecast period. Alcohol solvents, such as n-butanol and isopropanol, hold significant importance in various industries due to their versatile applications. In surface coatings, they serve as crucial intermediates, enhancing the quality and durability of coatings used on glass and metals. The demand for these solvents is driven by the increasing use of advanced coatings in the automotive, aerospace, and construction industries. Moreover, in the chemical industry, alcohol solvents are extensively used as intermediates in the production of plastics and composites. Their ability to dissolve a wide range of polymers makes them indispensable in this sector. In pharmaceuticals, these solvents are utilized for drug formulation, extraction, and purification processes, underlining their significance in the healthcare sector.

In the cosmetics and personal care industry, alcohol solvents are employed for their excellent solubility and efficacy in formulations. They help in extracting fragrances and flavors, contributing to the production of high-quality consumer products. Furthermore, in the electronics industry, these solvents are utilized for cleaning and maintaining electronic components and devices, ensuring optimal performance and reliability. Overall, the demand for high-quality alcohol solvents continues to grow, driven by their extensive applications across various industries.

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The alcohols segment accounted for USD 10.40 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shap

Analysis of the UK denatured ethyl alcohol market, including consumption, production, import, and export trends from 2013-2024, with a forecast to 2035. Covers market value, volume, key trade partners, and price dynamics.

Learn about the expected upward trend in consumption of denatured ethyl alcohol in the UK, with forecasts predicting a CAGR of +4.5% in volume and +4.7% in value from 2024 to 2035.

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Blackstrap Molasses Market Size 2024-2028

The blackstrap molasses market size is forecast to increase by USD 1.62 billion at a CAGR of 3.27% between 2023 and 2028.

The market is experiencing significant growth due to increasing demand for low-calorie sweeteners. This trend is driven by the rising health consciousness among consumers, leading them to opt for natural sweeteners over refined sugars. Another growth factor is the adoption of cold-pressed molasses extraction methods, which ensure higher nutrient content and better taste. However, the market is also facing challenges from fluctuating prices of molasses extract, which can impact the profitability of manufacturers. Producers must navigate these price fluctuations to maintain competitiveness In the market. Overall, the market is poised for steady growth, driven by consumer preferences for natural sweeteners and innovative production methods.

What will be the Size of the Blackstrap Molasses Market During the Forecast Period?

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The market In the health industries is experiencing significant growth due to its rich nutritional profile. This dark molasses is renowned for its high potassium content, making it an attractive alternative to processed table salt for consumers. The bakery industry also utilizes blackstrap molasses as a natural sweetener, adding depth of flavor without the refined sugars. Anemia patients, particularly those with iron deficiency, benefit from its iron content. Blackstrap molasses is also rich in antioxidants, appealing to health-conscious consumers. The market caters to both organic and conventional producers, offering liquid and powder forms. Industrial fermentation processes ensure consistent production.The rising vegan population and plant-based individuals' preference for ethical ingredients fuel the demand for blackstrap molasses in various industries. It finds applications as a sweetener In the skincare industry, animal feed industry, and as a nutritional supplement for diabetic illnesses. Alternative medicine practitioners and holistic healthcare advocates also recommend it for colorectal cancer prevention. Sustainable and ethical food production further bolsters the market's growth.

How is this Blackstrap Molasses Industry segmented and which is the largest segment?

The blackstrap molasses industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeLiquidPowderGeographyAPACChinaIndiaJapanNorth AmericaUSEuropeUKMiddle East and AfricaSouth America

By Type Insights

The liquid segment is estimated to witness significant growth during the forecast period.

Blackstrap molasses, a byproduct of the sugar refining process, holds significant market value in various industries. The largest and fastest growing segment of the market is the liquid form, primarily utilized in ethanol fermentation for alcohol production. The expanding beverage industry, including breweries, microbreweries, pubs, and bars, fuels the demand for blackstrap molasses in this sector. Additionally, the liquid molasses extract is gaining popularity as a natural sweetener for people with health conditions such as diabetes, obesity, and anemia. In the ethanol industry, blackstrap molasses contribute to the production of both alcoholic and non-alcoholic beverages, driven by the increasing disposable income and consumer preference for natural and organic products.Furthermore, the skincare and animal feed industries also utilize blackstrap molasses due to its nutrient-rich properties.

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The Liquid segment was valued at USD 5.27 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 66% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC is experiencing significant growth due to increasing health concerns and awareness. With the prevalence of obesity, diabetes, and heart issues on the rise, there is a growing demand for natural and low-calorie sweeteners, such as blackstrap molasses extracts. According to recent estimates, approximately 135 million individuals in India alone were obese. Furthermore, the establishment of high-end pubs and bars in countries like India, China, Japan, and Singapore, driven by urbanization, changing lifestyles, and increasing disposable income, is also fueling the demand for blackstrap molasses In the production of both alcoholic and non-alcoholic beverages In the regi