Worldwide Biofuels Industry to 2024 - Key Market Trends & Growth Drivers

Dublin, April 29, 2020 (GLOBE NEWSWIRE) -- The "Global Biofuels Market - Procurement Intelligence Report" report has been added to ResearchAndMarkets.com's offering.

Biofuels are fuels that are manufactured using plants, animal tissues, and industrial wastes. Biofuels are available in liquid and gaseous forms. Spend growth in this market will be primarily attributed to the ease of processing and manufacturing biofuels plants, animal tissues, and industrial wastes and are available in both liquid and gaseous forms.

The report provides actionable insights to improve source-to-contract cycle performance in the Global Biofuels Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global Biofuels Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

• Better price stability than fossil fuels

Category management strategy

• Engage with suppliers who have adopted stringent quality control measures in their manufacturing process

Procurement best practices

• Evaluate production/ purchasing capacity of raw materials

Key questions answered in this report

• What are the market dynamics?
• What are the key market trends?
• What are the category growth drivers?
• What are the constraints on category growth?
• Who are the suppliers in this market?
• What are the demand-supply shifts?
• What are the major category requirements?
• What are the procurement best practices in this market?

The following companies as the key suppliers in the Global Biofuels Category - Procurement Market Intelligence Report: Cargill Inc, Archer Daniels Midland Co, BASF SE, Royal Dutch Shell Plc, INEOS Group Holdings SA, Valero Energy Corp.

Commenting on the report, an analyst from the research team said: One of the procurement best practices for buyers is to procure biofuels from suppliers who utilize refinery systems.

According to the report, one of the key growth contributors for the global biofuels market is the convenience in processing and manufacturing biofuels.

Further, the report states that one of the key category management strategies for the buyers in the global biofuels market is to engage with suppliers to develop risk management strategies for the procurement of biofuels.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.

Key Topics Covered:

1. EXECUTIVE SUMMARY

2. MARKET INSIGHTS

• Global category spend
• Category spend growth
• Spend segmentation by region
• Regional spend dynamics
• Regional influence on global spend
• Regional spend opportunity for suppliers

3. CATEGORY PRICING INSIGHTS

• Pricing outlook
• Supplier cost structure
• Outlook for input costs
• Total cost of ownership analysis
• Overview of pricing models
• Comparison of pricing models
• Supply chain margins
• Cost drivers: Impact on pricing
• Volume drivers: Impact on pricing

4. COST-SAVING OPPORTUNITIES

• Supplier-side levers
• Buyer-side levers
• Quantifying cost-saving opportunities
• Quantifying cost savings by negotiation strategies

5. BEST PRACTICES

• Innovation and success stories
• Procurement excellence best practices
• Procurement best practices
• Sustainability practices
• Sustainability best practices

6. CATEGORY ECOSYSTEM

• Market favorability index for suppliers
• Competitiveness index for suppliers
• Buyer power
• Supplier power
• Threat of new entrants
• Threat of substitutes
• Buyer ecosystem
• Supplier ecosystem

7. CATEGORY MANAGEMENT STRATEGY

• Category management objectives
• Supplier and buyer KPIs
• Outsourcing category management activities
• Risk management

8. CATEGORY MANAGEMENT ENABLERS

• Procurement organization
• Category enablers

9. SUPPLIERS SELECTION

• RFx essentials
• Supplier selection criteria
• Service level agreement
• Incumbent supplier evaluation metrics

10. SUPPLIERS UNDER COVERAGE

• Overview
• Supplier positioning
• Profile: JAYANT AGRO-ORGANICS Ltd.
• Profile: Gokul Refoils & Solvent Ltd.
• Profile: Adani Wilmar Ltd.
• Profile: AMBUJA solvex Pvt. Ltd.
• Profile: ITOH OIL CHEMICALS Co. Ltd.
• Profile: R.P.K. Agrotech Exports Pvt. Ltd.

11. US MARKET INSIGHTS

• Category spend in the US
• Pricing outlook
• Supplier cost structure in the US
• Margins of suppliers in the US
• Category cost drivers
• Category volume drivers
• Overview of best practices in the US
• Procurement best practices in the US
• US supply market overview
• Supplier positioning for the US
• Regional category risks

12. CATEGORY DEFINITION

• Category hierarchy
• Category scope
• Category map

13. APPENDIX

Companies Mentioned

• Cargill Inc
• Archer Daniels Midland Co
• BASF SE
• Royal Dutch Shell Plc
• INEOS Group Holdings SA
• Valero Energy Corp.
  

For more information about this report visit https://www.researchandmarkets.com/r/ickato

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