Bioenergy Market size was valued at US$ 102.6 billion in 2023 and is expected to grow to US$ 217.9 billion by 2030, at a CAGR of 7.5% from 2024 to 2030. The global market provides a detailed overview of the market that can be segmented by type and technology. By type, the market has been segmented into solid biomass, biogas, renewable waste, and others. The solid biomass segment is likely the largest and fastest growing in terms of type. Based on technology, the market is segmented into gasification, fast pyrolysis, fermentation, and others. Among these, the gasification segment is expected to have the fastest-growing market during the forecast period.
In July 2021, EnviTec Biogas AG agreed with Liquind 24/7 GmbH to transport and distribute the bio-LNG produced by EnviTec Biogas AG at Gustrow to heavy-duty clients at its truck fuelling stations in Germany.
Study Period
2024-2030Base Year
2023CAGR
7.50%Largest Market
Asia-PacificFastest Growing Market
Asia-Pacific
Growth in the demand for energy produced using bio-based fuels, an increase in the usage of biofuels in cars, the implementation of both favorable and strict government regulations, and growing need for alternative energy sources. as well as increased investment in the bioenergy areas are some key factors fostering the market growth.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 102.6 billion |
Market Size in 2030 |
US$ 217.9 billion |
Market CAGR |
7.50% |
By Type |
|
By Technology |
|
By Region |
|
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Bioenergy market size was valued at US$ 102.6 billion in 2023 and is expected to grow to US$ 217.9 billion by 2030, at a CAGR of 7.5% from 2024 to 2030.
The major players in the market are Abengoa Bioenergy, Amyris, Inc., BP Biofuels, Butamax Advanced Biofuels, BTG Biomass Technology Group, Ceres Inc., Enerkem, E. I. du Pont de Nemours, and Company, Joule Unlimited, Gevo, Inc., LanzaTech and POET LLC.
Asia Pacific is the fastest-growing region for the market
1. Executive Summary |
2. Global Bioenergy Market Introduction |
2.1. Global Bioenergy Market - Taxonomy |
2.2. Global Bioenergy Market -Definitions |
2.2.1. By Type |
2.2.2. By Technology |
2.2.3. By Region |
3. Global Bioenergy Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Bioenergy Market Dynamic Factors - Impact Analysis |
3.6. Global Bioenergy Market - Competition Landscape |
4. Global Bioenergy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Bioenergy Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Solid Biomass |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Biogas |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Renewable Waste |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Others |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Global Bioenergy Market Forecast, By Technology, 2019 - 2023 and Forecast, 2024 - 2030 |
6.1. Gasification |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Fast Pyrolysis |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Fermentation |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Bioenergy Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Bioenergy Market - Opportunity Analysis Index, By Type, Technology, and Region, 2024 - 2030 |
8. North America Bioenergy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Solid Biomass |
8.1.2. Biogas |
8.1.3. Renewable Waste |
8.1.4. Others |
8.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
8.2.1. Gasification |
8.2.2. Fast Pyrolysis |
8.2.3. Fermentation |
8.2.4. Others |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Bioenergy Market - Opportunity Analysis Index, By Type, Technology, and Country, 2024 - 2030 |
8.5. North America Bioenergy Market Dynamics - Trends |
9. Europe Bioenergy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Solid Biomass |
9.1.2. Biogas |
9.1.3. Renewable Waste |
9.1.4. Others |
9.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Gasification |
9.2.2. Fast Pyrolysis |
9.2.3. Fermentation |
9.2.4. Others |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Russia |
9.3.7. Poland |
9.3.8. Rest of Europe |
9.4. Europe Bioenergy Market - Opportunity Analysis Index, By Type, Technology, and Country, 2024 - 2030 |
9.5. Europe Bioenergy Market Dynamics - Trends |
10. Asia-Pacific Bioenergy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Solid Biomass |
10.1.2. Biogas |
10.1.3. Renewable Waste |
10.1.4. Others |
10.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Gasification |
10.2.2. Fast Pyrolysis |
10.2.3. Fermentation |
10.2.4. Others |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Japan |
10.3.2. China |
10.3.3. India |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Bioenergy Market - Opportunity Analysis Index, By Type, Technology, and Country, 2024 - 2030 |
10.5. Asia-Pacific Bioenergy Market Dynamics - Trends |
11. Latin America Bioenergy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Solid Biomass |
11.1.2. Biogas |
11.1.3. Renewable Waste |
11.1.4. Others |
11.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Gasification |
11.2.2. Fast Pyrolysis |
11.2.3. Fermentation |
11.2.4. Others |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Bioenergy Market - Opportunity Analysis Index, By Type, Technology, and Country, 2024 - 2030 |
11.5. Latin America Bioenergy Market Dynamics - Trends |
12. Middle East and Africa Bioenergy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Solid Biomass |
12.1.2. Biogas |
12.1.3. Renewable Waste |
12.1.4. Others |
12.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Gasification |
12.2.2. Fast Pyrolysis |
12.2.3. Fermentation |
12.2.4. Others |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. Israel |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Bioenergy Market - Opportunity Analysis Index, By Type, Technology, and Country, 2024 - 2030 |
12.5. MEA Bioenergy Market Dynamics - Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Application & Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Abengoa Bioenergy |
13.2.2. Amyris, Inc. |
13.2.3. BP Biofuels |
13.2.4. Butamax Advanced Biofuels |
13.2.5. BTG Biomass Technology Group |
13.2.6. Ceres Inc. |
13.2.7. Enerkem |
13.2.8. E. I. du Pont de Nemours and Company |
13.2.9. Joule Unlimited |
13.2.10. Gevo, Inc. |
13.2.11. LanzaTech |
13.2.12. POET LLC |
14. Research Methodology |
15. Key Assumptions and Acronyms |
Key Market Players