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+<br>According to our brand-new research study report "Global [Biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Market Analysis", the international bio-fuel market will witness a quick development track from 2010 onwards in the backdrop of depleting nonrenewable fuel sources and destruction of environmental conditions. It is anticipated that, the [worldwide bio-fuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) market will grow at a CAGR of around 18% throughout 2010-2013. Further, lots of federal governments around the world have been executing [obligatory bio-fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) mix with the [standard fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to more boost up the demand for [biofuel](https://stocktwits.com/symbol/MNEL).<br>
+<br>Our research study suggests that, as the increased usage of renewable and alternative fuels can result in  in the usage of petroleum-based fuels
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