The bioenergy market size was valued approximately at US$ 108.71 billion in 2021 and is projected to reach US$ 206.24 billion by 2030, registering a CAGR of 7.4%.
The base year for the study has been considered 2021, the historic year 2017 and 2020, the forecast period considered is from 2022 to 2030. The bioenergy market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
The bioenergy is regarded as renewable energy source which is used in the generation of electricity on a large scale. This energy is mainly generated with the help of biowaste which are easily available. The expansion and development of the global bioenergy market is aided by factors such as the installation of favorable and severe government rules and guidelines. Furthermore, the market for bioenergy is rising in response to the increased need for alternative energy sources.
Furthermore, it has been discovered that using bioenergy reduces the cost and expenses associated with power generation. The worldwide bioenergy market is expanding as a result of this factor. Bioenergy is swiftly gaining traction as a viable alternative to traditional energy sources, helping to diversify the fuel and energy mix while reducing dependency on global petroleum industries and sectors. In comparison to biofuels and bioenergy, this sort of fuel is very costly. Thus, this factor is driving the growth of the global bioenergy market.
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Bioenergy Market Estimations Y-O-Y:
| Market Size Was Valued In 2021 | US$ 108.71 Billion |
| Market Size Is Projected to Reach By 2022 | US$ 116.48 Billion |
| Market Size Is Projected to Reach By 2030 | US$ 206.24 Billion |
| Compound Annual Growth Rate (CAGR) from 2022 to 2030 | 7.4% |
The growth and development of the global bioenergy market is being driven by significant causes and important industry trends such as rising investment in bioenergy sectors. For the growth of the bioenergy sector, government organizations and private firms are working together. Bioenergy also lessens a country’s dependency on crude oil commerce, which benefits countries with little or no reserves. Because bioenergy and biofuel are derived from locally available feedstock, governments in both developed and developing nations are incentivizing landowners and producers to generate biomass feedstock, resulting in a rapid expansion in bioenergy production on a wide scale. As a result, all of these factors will contribute to the global bioenergy market’s growth over the forecast period.
Future of Bioenergy Market
The bioenergy market is growing due to rise in investments by market players in various sectors in different regions. In addition, the government are implementing policies against carbon emissions and greenhouse gases emissions. The government also provides subsidies and tax rebates for the installation of bioenergy plants. As a result, the expansion of the global bioenergy market is expected in upcoming years.
Bioenergy Market: COVID-19 Impact Analysis
- The COVID-19 pandemic had adverse effects on the growth of the various sectors and industries.
- The government all around the globe imposed lockdown restrictions and stay at home norms to curb the impact of coronavirus outbreak.
- This resulted into closure of manufacturing units and disruption in supply chain management.
- All of these factors had adverse effects on the growth of the global bioenergy market during 2020.
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Key Developments in the Marketplace:
- Brightmark Energy based in the U.S. declared plans to expand its waste to biogas project in February 2020, working with more than 6 farms in the area. Yellowjacket project would capture methane from 265,000 gallons of dairy manure a day and convert it to renewable gas and other beneficial by products.
- Ductor, a biotech business firm will begin construction of three integrated biofertilizer biogas facilities in northern Poland in April 2020. The new facilities were constructed in Poland. Two of the plants had capacity of 1MW while the other had capacity of 0.5MW. In 2021, all three plants are projected to be online.
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 |
Some of the prominent players in the global bioenergy market include:
- Ameresco Inc.
- MVV Energie AG
- Enexor Energy
- Drax Group
- EnviTec Biogas AG
- Pacific BioEnergy Corp.
- Lignetics
- Enerkem
- Green Plains Inc.
- Enviva
Segments Covered in the Report
By Product Type
- Solid Biomass
- Liquid Biofuel
- Biogas
- Others
By Feedstock
- Agricultural waste
- Wood and Woody Biomass
- Solid Waste
- Others
By Application
- Power generation
- Heat generation
- Transportation
- Others
By Technology
- Gasification
- Fast Pyrolysis
- Fermentation
- Others
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
TABLE OF CONTENT
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
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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Frequently Asked Questions:
[sc_fs_multi_faq headline-0=”h6″ question-0=”What is the current size of bioenergy market?” answer-0=”According to Precedence Research, the global bioenergy market size was reached at US$ 108.71 billion in 2021 and is anticipated to rake around US$ 206.24 billion by 2030. ” image-0=”” headline-1=”h6″ question-1=”What will be the CAGR of global bioenergy market?” answer-1=”The global bioenergy market to drive growth at a CAGR of 7.4% during the forecast period 2022 to 2030. ” image-1=”” headline-2=”h6″ question-2=”Who are the major players operating in the bioenergy market?” answer-2=”The major players operating in the bioenergy market are Ameresco Inc., MVV Energie AG, Enexor Energy, Drax Group, EnviTec Biogas AG, Pacific BioEnergy Corp., Lignetics, Enerkem, Green Plains Inc., and Enviva. ” image-2=”” headline-3=”h6″ question-3=”Which are the driving factors of the bioenergy market?” answer-3=”The growth and development of the global bioenergy market is being driven by significant causes and important industry trends such as rising investment in bioenergy sectors. For the growth of the bioenergy sector, government organizations and private firms are working together. ” image-3=”” headline-4=”h6″ question-4=”Which region will lead the global bioenergy market?” answer-4=”North America dominated the bioenergy market in 2021 and will lead the market in near future. ” image-4=”” count=”5″ html=”true” css_class=”