Biogas Market is expected to Grow with a CAGR of 5.84% through 2029

Increasing renewable energy adoption, government incentives for clean energy projects, rising waste management needs, and technological advancements enhancing biogas production efficiency and cost-effectiveness throughout the forecast period.

According to TechSci Research report, “Biogas Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Biogas Market was valued at USD 70.5 billion in 2023 and is expected to reach USD 100.1 billion by 2029 with a CAGR of 5.84% during the forecast period. The growing environmental concerns and the pressing need for effective waste management solutions are major trends propelling the biogas market. The increasing accumulation of organic waste in landfills poses significant environmental hazards, including the emission of greenhouse gases and leachate generation, which contaminate soil and water resources. Biogas production offers a sustainable solution to these challenges by converting organic waste into valuable energy and nutrient-rich digestate, which can be used as a bio-fertilizer. This dual benefit of waste reduction and energy production is driving the adoption of biogas technology, particularly in regions grappling with waste management issues. For example, municipalities and agricultural sectors are increasingly investing in biogas plants to manage organic waste more sustainably and generate renewable energy. Additionally, the livestock industry, which generates substantial amounts of manure, is recognizing the potential of biogas plants to mitigate methane emissions and reduce odor nuisances. The circular economy model, which emphasizes resource recovery and waste minimization, is gaining traction globally, further boosting the biogas market. As societies become more environmentally conscious and regulations around waste disposal and greenhouse gas emissions become stricter, the demand for biogas solutions is expected to rise, fostering the growth of the biogas market.

Browse over XX Market data Figures spread through XX Pages and an in-depth TOC on the "Global Biogas Market.” 

Based on the Source, the Municipal segment held the largest Market share in 2023. The Biogas Market in the Municipal segment is primarily driven by a confluence of environmental, economic, and regulatory factors that highlight its growing importance in sustainable waste management and renewable energy generation. Increasing urbanization and population growth have significantly elevated municipal waste volumes, creating a pressing need for efficient waste management solutions. Biogas production offers an effective method for converting organic waste into valuable energy, addressing both waste disposal challenges and the demand for renewable energy sources. Governments and municipalities are increasingly recognizing the dual benefits of biogas: reducing landfill waste and generating clean energy, which aligns with global sustainability goals and climate change mitigation efforts. Regulatory frameworks and incentives, such as subsidies and tax credits for renewable energy projects, further bolster the adoption of biogas technologies. Technological advancements in anaerobic digestion and gas purification processes have enhanced the efficiency and cost-effectiveness of biogas production, making it a more attractive option for municipalities. Additionally, rising awareness of environmental issues and the push for circular economy practices are driving municipal investments in biogas infrastructure. The ability to produce biogas from a range of organic materials, including food waste and agricultural residues, underscores its versatility and potential to contribute to municipal energy needs while supporting sustainable development.

Based on region, The Asia-Pacific region is poised to be the fastest-growing segment in the global biogas market, driven by increasing urbanization, government initiatives to reduce greenhouse gas emissions, and the need for sustainable energy solutions. Countries in the region are investing heavily in biogas technology to address energy security concerns and improve waste management practices. Additionally, supportive regulatory frameworks and incentives for the adoption of renewable energy sources are fueling the growth of the biogas market in Asia-Pacific. With a growing number of large-scale biogas projects and a rise in demand for clean energy, the region is expected to see significant advancements in biogas production and utilization, positioning it as a key driver of market growth.

Major companies operating in the Global Biogas Market are:

• Agrinz Technologies GmbH 
• L’AIR LIQUIDE S.A.
• DMT International
• Gasum Group
• HomeBiogas Ltd.
• PlanET Biogastechnik GmbH
• Biokraft International AB
• Kanadevia Inova Group

Download Free Sample Report

Customers can also request 10% free customization in this report.

“The Global Biogas Market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The Biogas Market, particularly in the Electricity segment, presents substantial opportunities driven by increasing global emphasis on renewable energy and sustainability. Advancements in technology are enhancing biogas production efficiency and expanding its application range. Government incentives and supportive policies for renewable energy sources further bolster market growth. Additionally, the rising need for waste management solutions and the growing demand for cleaner energy alternatives create a robust market environment. As industries and municipalities seek greener energy options, biogas can play a critical role in meeting energy demands while reducing carbon footprints, thus offering promising growth prospects. Therefore, the Market of Biogas is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“Biogas Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Source (Municipal, Agricultural, Industrial), By Application (Vehicle Fuel, Electricity, Heat, Upgraded Biogas, Cooking Gas), By Region, By Competition, 2019-2029F”, has evaluated the future growth potential of Global Biogas Market and provides statistics & information on the Market size, structure, and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Biogas Market.

Contact

Techsci Research LLC

420 Lexington Avenue,

Suite 300, New York,

United States- 10170                   

Tel: +13322586602

Email: [email protected]