Market Size of Biogas Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.51 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Biogas Market Analysis
The Biogas Market size is expected to grow from 23.86 gigawatts (GW) by the end of next year to 29.75 GW after five years, at a CAGR of 4.51% during the forecast period.
- Over the long term, supportive government policies and regulations and diversifying areas of applications are expected to drive the growth of the market studied.
- On the other hand, increasing competition from alternate renewable energy sources is expected to hamper the growth of biogas during the forecast period.
- Nevertheless, the technological advancements and innovations in the biogas industry will likely create lucrative growth opportunities for the market in the forecast period.
- The Europe region is likely to dominate the market during the forecast period. This growth is attributed to the increasing investments, coupled with the adoption of power and heat generation in the countries of this region, including Germany, the United Kingdom and Italy.
Biogas Industry Segmentation
Biogas is a mixture made from methane (CH4) and carbon dioxide (CO2), along with water and traces of gases. These gases are produced by the breakdown of organic matter in the absence of oxygen.
The biogas market is segmented by application, feedstock, and geography. By application, the market is segmented into electricity generation, biofuel, and heat generation. By feedstock, the market is segmented into livestock manure, sewage, food waste, crop residues, and energy crops. The report also covers the market size and forecasts for the biogas market across major regions such as North America, Europe, Asia-Pacific, South America and Middle-East & Africa. For each segment except feedstock, the market sizing and forecasts have been done based on installed capacity (GW).
| Application | |
| Electricity Generation | |
| Biofuel Production | |
| Heat Generation |
| Feedstock | |
| Livestock Manure | |
| Sewage | |
| Food Waste | |
| Crop Residues | |
| Energy Crops |
| Geography | |||||||
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Biogas Market Size Summary
The biogas market is poised for significant growth over the forecast period, driven by supportive government policies and a diverse range of applications. Despite facing competition from alternative renewable energy sources, technological advancements in the biogas industry are expected to create substantial growth opportunities. Europe is anticipated to lead the market, fueled by increased investments and the adoption of power and heat generation technologies in countries like Germany, the United Kingdom, and Italy. The global demand for biogas is also rising, with developing regions such as Asia-Pacific, South America, and Africa implementing strategies to enhance its role in electricity generation. These developments are crucial in meeting the growing global energy demand and supporting the clean energy transition.
The biogas market is moderately consolidated, with key players including Engie SA, DMT International, and EnviTec Biogas AG, among others. Recent initiatives, such as BioConstruct's power purchase agreement in Germany and Enertech Fuel Solutions' investment in compressed biogas in India, highlight the industry's dynamic nature. These projects, along with Europe's extensive biogas infrastructure and ongoing developments, are expected to drive market growth. The biogas sector's ability to reduce greenhouse gas emissions and optimize fuel use further underscores its importance in the global energy landscape, positioning it as a vital component of the renewable energy mix.
Biogas Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Biogas Production Installed Capacity and Forecast in GW, till 2028
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.1.1 Supportive Government Policies And Regulations
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1.5.1.2 Efforts To Reduce Greenhouse Gas Emissions
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1.5.2 Restraints
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1.5.2.1 Increasing Competition From Alternate Renewable Energy Sources
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitute Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Electricity Generation
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2.1.2 Biofuel Production
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2.1.3 Heat Generation
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2.2 Feedstock
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2.2.1 Livestock Manure
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2.2.2 Sewage
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2.2.3 Food Waste
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2.2.4 Crop Residues
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2.2.5 Energy Crops
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Japan
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2.3.3.4 South Korea
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 Qatar
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2.3.5.3 Kenya
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2.3.5.4 Tanzania
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2.3.5.5 Rest of Middle-East and Africa
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Biogas Market Size FAQs
What is the current Biogas Market size?
The Biogas Market is projected to register a CAGR of 4.51% during the forecast period (2024-2029)
Who are the key players in Biogas Market?
Engie SA , Bekon GmbH , DMT International , EnviTec Biogas AG and AEV Energy GmbH are the major companies operating in the Biogas Market.
