Biogas Market Segment Forecasts, 2024 - 2030

Biogas Industry Overview

The global biogas market size was estimated at USD 65.53 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030.

The industry is expected to witness growth due to increasing product demand from various application segments, including heat, electricity, upgraded biogas, vehicle fuel, and cooking gas. Moreover, a shift in focus toward the use of renewable energy, particularly in the electric power sector, has significantly driven biogas demand in electricity applications. Also, the rising need to reduce dependency on fossil fuels is creating lucrative opportunities for biogas in vehicle fuel applications.

Gather more insights about the market drivers, restrains and growth of the Biogas Market

The U.S. emerged as one of the largest markets for biogas in North America in 2023 and is anticipated to expand at a substantial CAGR, based on revenue, over the projection period. The country's government has introduced a number of regulations to reduce its dependency on conventional fuels and meet its zero carbon emissions target. Significant factors that influence market growth such as favorable regulatory & political support, environmental support, and customer support, geopolitical support, agricultural and economic support.

Biogas demand in North America is primarily driven by the U.S. Growing demand in applications, such as cooking gas, electricity, vehicle fuel, heat, and others, is expected to have a positive impact on industry growth over the forecast period. Major factors supporting the regional market include high demand for green fuels, stringent environmental regulations, and increased investment for the development of refineries.

Browse through Grand View Research's Renewable Energy Industry Research Reports.

• The global train battery market size was estimated at USD 275.00 million in 2023 and expected to grow at a CAGR of 5.7% from 2024 to 2030.

• The global artificial photosynthesis market size was estimated at USD 80.8 million in 2023 and is estimated to grow at a CAGR of 13.2% from 2024 to 2030. 

Biogas Market Segmentation

Grand View Research has segmented the global biogas market report based on source, application, and region

Biogas Source Outlook (Revenue, USD Million, 2018 - 2030)

• Municipal

  • Landfill

  • Wastewater

• Industrial

  • Food Scrap

  • Wastewater

• Agricultural

  • Dairy

  • Poultry

  • Swine Farm

  • Agricultural Residue

Biogas Application Outlook (Revenue, USD Million, 2018 - 2030)

• Vehicle Fuel

• Electricity

• Heat

• Upgraded Biogas

• Cooking Gas

Biogas Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • S.

  • Canada

• Europe

  • Germany

  • Italy

  • France

  • Russia

  • K.

  • Spain

  • Switzerland

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • UAE

  • South Africa

Key Companies profiled:

• Agrinz Technologies GmbH

• Air Liquide

• DMT International

• Gasum Oy

• HomeBiogas Inc.

• PlanET Biogas

• Scandinavian Biogas Fuels International AB

• Schmack Biogas Service

• Total

• Xebec Adsorption Inc.

Order a free sample PDF of the Biogas Market Intelligence Study, published by Grand View Research.