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+<br>As per our [brand-new](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) research report "Global Biofuel Market Analysis", the worldwide bio-fuel market will witness a fast development track from 2010 onwards in the background of depleting fossil fuels and degradation of environmental conditions. It is forecasted that, the [worldwide bio-fuel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) market will grow at a CAGR of around 18% during 2010-2013. Further, lots of federal governments around the world have been implementing [obligatory bio-fuel](https://www.google.com/search?kgmid=/m/0cqd_rb) mix with the traditional fuel to further increase up the need for [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
+<br>Our research study indicates that, as the increased use of eco-friendly and alternative fuels can lead to substantial decreases in the use of petroleum-based fuels
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