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Subject: MRR

Biogas Market size is set to grow by USD 32,723.22 million from 2022 to 2027, Increasing government support to develop biogas as fuel to boost the market - Technavio

NEW YORK, June 6, 2023 /PRNewswire/ -- The global biogas market size is estimated to grow by USD 32,723.22 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 10.18% during the forecast period. North America is estimated to account for 35% of the global market growth. The regional biogas market is expected to exhibit moderate growth during the forecast period. Furthermore, the US will be the major contributor to the growth of the market. However, countries such as Mexico and Canada will account for significant growth in new biogas installations during the forecast period. Moreover, the regional market growth has been moderate over the past few years due to the increased adoption of alternative renewable energy sources, such as wind and solar, and the declining prices of natural gas. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

What's New?

Biogas Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on application (co-generation, power generation, heat in buildings, and upgraded to biomethane), source (agricultural waste, landfill, and sewage sludge and others), and geography (North America, APAC, Europe, Middle East and Africa, and South America). 

Insights on the market contribution of various segments including country and region wise, historic (2017 to 2021) and forecast market size (2023 to 2027) - Download a Sample Report

Biogas Market ? Market Dynamics
Key factor driving market growth
Increasing government support to develop biogas as fuel is a major factor that drives the growth of the global biogas market. The support is offered by implementing favorable policies and giving different subsidies and tax incentives for the development of biogas fuel. Since fossil fuels are depleting gradually, the growing need for renewable energy sources has driven governments to encourage biogas production.

For instance, organizations like the European Biogas Association (EBA) also run several campaigns, such as Biogas for You, to increase the awareness and adoption of biogas. This was developed as EBAs first communications campaign and aimed to improve the perception of biogas among people in Europe. Hence, such programs and incentives by governments across the world will encourage the development of biogas fuel production and drive the growth of the global biogas market during the forecast period.

Leading trends influencing the market

The use of biogas as piped gas is an emerging trend shaping the global biogas market growth. Biogas is a natural byproduct of anaerobic digestion or the bacterial fermentation of organic materials and can be used to produce power and/or heat or can be refined and upgraded to power natural gas vehicles. This process is known as bio-methanation, and this application of biogas is widely adopted across the world.

The use of biogas as a piped gas for other purposes, such as cooking and heating. It is also gaining traction in the market and costs relatively less than traditional cooking gas but offers the same characteristics. Thus, the environmental benefits of using biogas will further propel its use as an alternative to conventional fossil fuels. Hence, such trends fuel the market growth during the forecast period.

Major challenges hindering the market growth

The drawbacks associated with biogas production are major challenges hindering the growth of the global biogas market. Biogas production has been on a continuous rise in recent years. But, this renewable source of energy still faces several hurdles to growth, including the lack of technological advances, the presence of high amounts of impurities in the produced biogas, and its intermittency caused by changes in temperature.

Furthermore, biogas still faces a challenge with large-scale production, which is resulting in its low adoption in utility-level projects. It contains low amounts of methane, resulting in a lower yield of energy when compared with natural gas.  Hence, such factors are hampering the growth of the market during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period (2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!

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Biogas Market Scope

Report Coverage


Base year


Historic period


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 10.18%

Market growth 2023-2027

USD 32,723.22 million

Market structure


YoY growth 2022-2023 (%)


Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 35%

Key countries

US, Canada, China, India, and Germany, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AEV Energy GmbH, Agrinz Technologies GmbH, Air Liquide SA, Ameresco Inc., Biofrigas Sweden AB, ENGIE SA, EnviTec Biogas AG, Future Biogas Ltd., Hitachi Zosen Corp., MT Energy Service GmbH, PlanET Biogastechnik GmbH, Pressure Technologies Plc, Renergon International AG, Stormfisher Ltd., TotalEnergies SE, Wartsila Corp., WELTEC BIOPOWER GmbH, Xebec Adsorption Inc., AB Holding Spa, and BDI BioEnergy International GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Source

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

SOURCE Technavio

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