The global Bioenergy market gathered revenue around USD 108.71 billion in 2021 and market is set to grow USD 206.24 billion by the end of 2030 and is estimated to expand at a modest CAGR of 7.4% during the prediction period 2022 to 2030.
Growth Factors:
The bioenergy is generated by using different sources such as biomass, biofuel, organic waste, and biogas. These wastes are easily available in the market. Thus, these biowastes are utilized largely for the generation of bioenergy. As a result, the surge in demand for clean and green energy is driving the growth of the global bioenergy market over the projected period.
The factor such as implementation of favorable and stringent government regulations and guideline is contributing towards the expansion and development of the global bioenergy market. Moreover, the growing demand for renewable sources of energy is creating demand for bioenergy in the market globally. In addition, it has been noticed that the usage of bioenergy helps in the cost reduction and expenses for electricity generation. This factor is driving the growth of the global bioenergy market.
One of the primary factors driving the growth of the global bioenergy market is rising environmental and energy security issues. To save the environment with the adverse effects of global warming, the government agencies are constantly striving for the surge in the usage of the bioenergy all over the globe. Several nations are looking for alternatives to traditional energy sources because fossil fuels are limited and energy is obtained by them. Thus, bioenergy is widely used in every vertical of industries.
Bioenergy is quickly becoming one of the most popular alternatives to traditional energy sources, helping to diversify the fuel and energy mix and reduce reliance on global petroleum industries and sectors. This type of fuel is very expensive as compared to biofuels or bioenergy. That’s the reason, the government and private organizations have started utilizing bioenergy on a large scale.
Report Scope of the Bioenergy Market
Report Coverage |
Details |
Market Size by 2030 |
USD 206.24 Billion |
Growth Rate from 2022 to 2030 |
CAGR of 7.4% |
Largest Market |
North America |
Fastest Growing Region |
Asia Pacific |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
Feedstock, Product, Application, Technology, Geography |
Companies Mentioned |
Ameresco Inc., MVV Energie AG, Enexor Energy, Drax Group, EnviTec Biogas AG, Pacific BioEnergy Corp., Lignetics, Enerkem, Green Plains Inc., Enviva |
Furthermore, bioenergy reduces a country’s reliance on trade of crude oil, which advantages countries with less or no reserves. As bioenergy and biofuel is sourced from local feedstock, government of developed and developing countries are incentivizing landowners and producers to produce biomass feedstock, which increase the rate of bioenergy production on a large scale at a rapid pace. As a result, all these factors are boosting the growth of the global bioenergy market during the forecast period.
The major factors and key market trends for bioenergy such as increased investment in bioenergy sectors is driving the growth and development of the global bioenergy market. The government agencies and private companies are collaborating with each other for the growth of the bioenergy market.
Furthermore, corporate organizations and government of developed and developed regions around the world are boosting their involvement in biofuel production through specific loans and subsidies. This has prompted suppliers to build plants with significant biofuel production capacity. While the bioenergy market is still in its infancy, these patterns of large-scale investment will attract more organizations and aid in the growth of the global bioenergy market over the forecast period.
Region Insights
North America dominated the bioenergy market in 2021. The U.S. dominated the bioenergy market in North America region. The factors such as rising investments in infrastructural development and energy projects, expansion of the energy industry, and growing initiatives by key market players towards the growth of the bioenergy market are supporting for the expansion of the bioenergy market in North America region.
Asia-Pacific, on the other hand, is expected to develop at the fastest rate during the forecast period. Many of the countries and states of Asia-Pacific region do not have proper sources for the generation of electricity. The demand for electricity in such regions is driving the demand for bioenergy in the Asia-Pacific region. In addition, increase in investments in research and development by government is also contributing towards the growth and development of the bioenergy market.
Some of the prominent players in the Bioenergy Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Product Type
By Feedstock
By Application
By Technology
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Bioenergy Market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Bioenergy Market
5.1. COVID-19 Landscape: Bioenergy Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Bioenergy Market, By Product
8.1. Bioenergy Market, by Product Type, 2022-2030
8.1.1. Solid Biomass
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Liquid Biofuel
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Biogas
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Bioenergy Market, By Feedstock
9.1. Bioenergy Market, by Feedstock, 2022-2030
9.1.1. Agricultural waste
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Wood and Woody Biomass
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Solid Waste
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Bioenergy Market, By Application
10.1. Bioenergy Market, by Application Type, 2022-2030
10.1.1. Power generation
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Heat generation
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Transportation
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Bioenergy Market, By Technology
11.1. Bioenergy Market, by Technology Type, 2022-2030
11.1.1. Gasification
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Fast Pyrolysis
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Fermentation
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Bioenergy Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.1.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
Chapter 13. Company Profiles
13.1. Ameresco Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. MVV Energie AG
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Enexor Energy
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Drax Group
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. EnviTec Biogas AG
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Pacific BioEnergy Corp.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Lignetics
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Enerkem
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Green Plains Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Enviva
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms