diff --git a/block/bio.c b/block/bio.c
index 6fa5c653283b68..dbb0bc8e1ef776 100644
--- a/block/bio.c
+++ b/block/bio.c
@@ -25,6 +25,11 @@
 #include "blk.h"
 #include "blk-rq-qos.h"
 
+struct bio_alloc_cache {
+	struct bio_list		free_list;
+	unsigned int		nr;
+};
+
 static struct biovec_slab {
 	int nr_vecs;
 	char *name;
@@ -619,6 +624,53 @@ void guard_bio_eod(struct bio *bio)
 	bio_truncate(bio, maxsector << 9);
 }
 
+#define ALLOC_CACHE_MAX		512
+#define ALLOC_CACHE_SLACK	 64
+
+static void bio_alloc_cache_prune(struct bio_alloc_cache *cache,
+				  unsigned int nr)
+{
+	unsigned int i = 0;
+	struct bio *bio;
+
+	while ((bio = bio_list_pop(&cache->free_list)) != NULL) {
+		cache->nr--;
+		bio_free(bio);
+		if (++i == nr)
+			break;
+	}
+}
+
+static int bio_cpu_dead(unsigned int cpu, struct hlist_node *node)
+{
+	struct bio_set *bs;
+
+	bs = hlist_entry_safe(node, struct bio_set, cpuhp_dead);
+	if (bs->cache) {
+		struct bio_alloc_cache *cache = per_cpu_ptr(bs->cache, cpu);
+
+		bio_alloc_cache_prune(cache, -1U);
+	}
+	return 0;
+}
+
+static void bio_alloc_cache_destroy(struct bio_set *bs)
+{
+	int cpu;
+
+	if (!bs->cache)
+		return;
+
+	cpuhp_state_remove_instance_nocalls(CPUHP_BIO_DEAD, &bs->cpuhp_dead);
+	for_each_possible_cpu(cpu) {
+		struct bio_alloc_cache *cache;
+
+		cache = per_cpu_ptr(bs->cache, cpu);
+		bio_alloc_cache_prune(cache, -1U);
+	}
+	free_percpu(bs->cache);
+}
+
 /**
  * bio_put - release a reference to a bio
  * @bio:   bio to release reference to
@@ -629,16 +681,23 @@ void guard_bio_eod(struct bio *bio)
  **/
 void bio_put(struct bio *bio)
 {
-	if (!bio_flagged(bio, BIO_REFFED))
-		bio_free(bio);
-	else {
+	if (unlikely(bio_flagged(bio, BIO_REFFED))) {
 		BIO_BUG_ON(!atomic_read(&bio->__bi_cnt));
+		if (!atomic_dec_and_test(&bio->__bi_cnt))
+			return;
+	}
 
-		/*
-		 * last put frees it
-		 */
-		if (atomic_dec_and_test(&bio->__bi_cnt))
-			bio_free(bio);
+	if (bio_flagged(bio, BIO_PERCPU_CACHE)) {
+		struct bio_alloc_cache *cache;
+
+		bio_uninit(bio);
+		cache = per_cpu_ptr(bio->bi_pool->cache, get_cpu());
+		bio_list_add_head(&cache->free_list, bio);
+		if (++cache->nr > ALLOC_CACHE_MAX + ALLOC_CACHE_SLACK)
+			bio_alloc_cache_prune(cache, ALLOC_CACHE_SLACK);
+		put_cpu();
+	} else {
+		bio_free(bio);
 	}
 }
 EXPORT_SYMBOL(bio_put);
@@ -1530,6 +1589,7 @@ int biovec_init_pool(mempool_t *pool, int pool_entries)
  */
 void bioset_exit(struct bio_set *bs)
 {
+	bio_alloc_cache_destroy(bs);
 	if (bs->rescue_workqueue)
 		destroy_workqueue(bs->rescue_workqueue);
 	bs->rescue_workqueue = NULL;
@@ -1591,12 +1651,18 @@ int bioset_init(struct bio_set *bs,
 	    biovec_init_pool(&bs->bvec_pool, pool_size))
 		goto bad;
 
-	if (!(flags & BIOSET_NEED_RESCUER))
-		return 0;
-
-	bs->rescue_workqueue = alloc_workqueue("bioset", WQ_MEM_RECLAIM, 0);
-	if (!bs->rescue_workqueue)
-		goto bad;
+	if (flags & BIOSET_NEED_RESCUER) {
+		bs->rescue_workqueue = alloc_workqueue("bioset",
+							WQ_MEM_RECLAIM, 0);
+		if (!bs->rescue_workqueue)
+			goto bad;
+	}
+	if (flags & BIOSET_PERCPU_CACHE) {
+		bs->cache = alloc_percpu(struct bio_alloc_cache);
+		if (!bs->cache)
+			goto bad;
+		cpuhp_state_add_instance_nocalls(CPUHP_BIO_DEAD, &bs->cpuhp_dead);
+	}
 
 	return 0;
 bad:
@@ -1623,6 +1689,43 @@ int bioset_init_from_src(struct bio_set *bs, struct bio_set *src)
 }
 EXPORT_SYMBOL(bioset_init_from_src);
 
+/**
+ * bio_alloc_kiocb - Allocate a bio from bio_set based on kiocb
+ * @kiocb:	kiocb describing the IO
+ * @bs:		bio_set to allocate from
+ *
+ * Description:
+ *    Like @bio_alloc_bioset, but pass in the kiocb. The kiocb is only
+ *    used to check if we should dip into the per-cpu bio_set allocation
+ *    cache. The allocation uses GFP_KERNEL internally.
+ *
+ */
+struct bio *bio_alloc_kiocb(struct kiocb *kiocb, unsigned short nr_vecs,
+			    struct bio_set *bs)
+{
+	struct bio_alloc_cache *cache;
+	struct bio *bio;
+
+	if (!(kiocb->ki_flags & IOCB_ALLOC_CACHE) || nr_vecs > BIO_INLINE_VECS)
+		return bio_alloc_bioset(GFP_KERNEL, nr_vecs, bs);
+
+	cache = per_cpu_ptr(bs->cache, get_cpu());
+	bio = bio_list_pop(&cache->free_list);
+	if (bio) {
+		cache->nr--;
+		put_cpu();
+		bio_init(bio, nr_vecs ? bio->bi_inline_vecs : NULL, nr_vecs);
+		bio->bi_pool = bs;
+		bio_set_flag(bio, BIO_PERCPU_CACHE);
+		return bio;
+	}
+	put_cpu();
+	bio = bio_alloc_bioset(GFP_KERNEL, nr_vecs, bs);
+	bio_set_flag(bio, BIO_PERCPU_CACHE);
+	return bio;
+}
+EXPORT_SYMBOL_GPL(bio_alloc_kiocb);
+
 static int __init init_bio(void)
 {
 	int i;
@@ -1637,6 +1740,9 @@ static int __init init_bio(void)
 				SLAB_HWCACHE_ALIGN | SLAB_PANIC, NULL);
 	}
 
+	cpuhp_setup_state_multi(CPUHP_BIO_DEAD, "block/bio:dead", NULL,
+					bio_cpu_dead);
+
 	if (bioset_init(&fs_bio_set, BIO_POOL_SIZE, 0, BIOSET_NEED_BVECS))
 		panic("bio: can't allocate bios\n");
 
diff --git a/include/linux/bio.h b/include/linux/bio.h
index 2203b686e1f034..89ad28213b1d60 100644
--- a/include/linux/bio.h
+++ b/include/linux/bio.h
@@ -401,6 +401,7 @@ static inline struct bio *bio_next_split(struct bio *bio, int sectors,
 enum {
 	BIOSET_NEED_BVECS = BIT(0),
 	BIOSET_NEED_RESCUER = BIT(1),
+	BIOSET_PERCPU_CACHE = BIT(2),
 };
 extern int bioset_init(struct bio_set *, unsigned int, unsigned int, int flags);
 extern void bioset_exit(struct bio_set *);
@@ -409,6 +410,8 @@ extern int bioset_init_from_src(struct bio_set *bs, struct bio_set *src);
 
 struct bio *bio_alloc_bioset(gfp_t gfp, unsigned short nr_iovecs,
 		struct bio_set *bs);
+struct bio *bio_alloc_kiocb(struct kiocb *kiocb, unsigned short nr_vecs,
+		struct bio_set *bs);
 struct bio *bio_kmalloc(gfp_t gfp_mask, unsigned short nr_iovecs);
 extern void bio_put(struct bio *);
 
@@ -699,6 +702,11 @@ struct bio_set {
 	struct kmem_cache *bio_slab;
 	unsigned int front_pad;
 
+	/*
+	 * per-cpu bio alloc cache
+	 */
+	struct bio_alloc_cache __percpu *cache;
+
 	mempool_t bio_pool;
 	mempool_t bvec_pool;
 #if defined(CONFIG_BLK_DEV_INTEGRITY)
@@ -715,6 +723,11 @@ struct bio_set {
 	struct bio_list		rescue_list;
 	struct work_struct	rescue_work;
 	struct workqueue_struct	*rescue_workqueue;
+
+	/*
+	 * Hot un-plug notifier for the per-cpu cache, if used
+	 */
+	struct hlist_node cpuhp_dead;
 };
 
 static inline bool bioset_initialized(struct bio_set *bs)
diff --git a/include/linux/blk_types.h b/include/linux/blk_types.h
index 290f9061b29ac8..f68d4e8c775e81 100644
--- a/include/linux/blk_types.h
+++ b/include/linux/blk_types.h
@@ -301,6 +301,7 @@ enum {
 	BIO_TRACKED,		/* set if bio goes through the rq_qos path */
 	BIO_REMAPPED,
 	BIO_ZONE_WRITE_LOCKED,	/* Owns a zoned device zone write lock */
+	BIO_PERCPU_CACHE,	/* can participate in per-cpu alloc cache */
 	BIO_FLAG_LAST
 };
 
diff --git a/include/linux/cpuhotplug.h b/include/linux/cpuhotplug.h
index f39b34b1387109..fe72c8d6c9809a 100644
--- a/include/linux/cpuhotplug.h
+++ b/include/linux/cpuhotplug.h
@@ -46,6 +46,7 @@ enum cpuhp_state {
 	CPUHP_ARM_OMAP_WAKE_DEAD,
 	CPUHP_IRQ_POLL_DEAD,
 	CPUHP_BLOCK_SOFTIRQ_DEAD,
+	CPUHP_BIO_DEAD,
 	CPUHP_ACPI_CPUDRV_DEAD,
 	CPUHP_S390_PFAULT_DEAD,
 	CPUHP_BLK_MQ_DEAD,