The Biomass-based Renewable Jet Fuel market outlook remains compelling despite a nascent supply chain. Market attractiveness is driven by stringent aviation emissions regulations, airline ESG commitments, and rising SAF mandates in Europe and North America, creating a premium price corridor that justifies higher production costs. Competitive intensity is moderate; a handful of integrated oil‑refining majors and specialty bio‑fuel firms dominate, while new entrants face steep capital barriers and technology licensing constraints. Long‑term outlook is positive, with cumulative capacity expected to grow at a CAGR above 12% through 2035 as feedstock availability expands and conversion efficiencies improve. Innovation is concentrated on catalytic hydro‑processing, genetically engineered high‑oil algae, and waste‑derived feedstocks, accelerating cost reductions. Demand–supply balance currently tilts toward demand, resulting in a tight market that is gradually easing as new plants come online, though regional imbalances persist. Key risk factors include feedstock price volatility, policy uncertainty, and scaling challenges for novel pathways, which could delay projected price parity with conventional jet fuel.