Global Biogas and Biomethane Market Growth (Status and Outlook) 2024-2030

According to our publisher’s latest study, the global Biogas and Biomethane market size was valued at US$ 84650 million in 2023. With growing demand in downstream market, the Biogas and Biomethane is forecast to a readjusted size of US$ 94310 million by 2030 with a CAGR of 1.6% during review period.

The research report highlights the growth potential of the global Biogas and Biomethane market. Biogas and Biomethane are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Biogas and Biomethane. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Biogas and Biomethane market.

Biogas is a gas that is formed by anaerobic microorganisms. These microbes feed off carbohydrates and fats, producing methane and carbon dioxides as metabolic waste products. This gas can be harnessed by man as a source of sustainable energy.Biomethane is as a green non-fossil source of energy. Biomethane is produced from biogas derived from organic matter (often from sewage, landfill, food waste or distillery waste) which makes it a renewable source of energy. Biogas can be dried and cleaned to remove impurities and upgraded to pure biomethane.

Global Biogas and Biomethane main players include Gasrec, Future Biogas, VERBIO, Thorso Biogas, Staples,Vegetables, Nature Energy, Asia Biogas, Deqingyuan, Mengniu, Shandong Minhe, J V Energen, AltEnergo, etc., totally accounting for about 95%. Asia-Pacific is the largest market, with a share over 82%. As for the types of products, it can be divided into agriculture type, sewage and wastewater type, landfill type and others. The most common product is agriculture type, holding a share over 71%. In terms of applications, it is widely used in electricity generation, vehicle fuel and gas grid. The most application is electricity generation, with a share over 98%.

Key Features:



The report on Biogas and Biomethane market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Biogas and Biomethane market. It may include historical data, market segmentation by Type (e.g., Agriculture Type, Sewage and Wastewater Type), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Biogas and Biomethane market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Biogas and Biomethane market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Biogas and Biomethane industry. This include advancements in Biogas and Biomethane technology, Biogas and Biomethane new entrants, Biogas and Biomethane new investment, and other innovations that are shaping the future of Biogas and Biomethane.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Biogas and Biomethane market. It includes factors influencing customer ' purchasing decisions, preferences for Biogas and Biomethane product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Biogas and Biomethane market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Biogas and Biomethane market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Biogas and Biomethane market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Biogas and Biomethane industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Biogas and Biomethane market.

Market Segmentation:

Biogas and Biomethane market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation Analysis: Global Biogas and Biomethane Market
The global biogas and biomethane market can be segmented based on two key factors: type of feedstock and application. Analyzing these segments helps understand market trends and target specific biogas production and utilization methods.
Segmentation by Feedstock Type:
• Agriculture Type: This is the largest segment, utilizing organic waste from farms like animal manure, crop residues, and food waste. It's a sustainable solution for waste management and energy generation in rural areas.
• Sewage and Wastewater Type: Organic matter present in municipal sewage sludge is anaerobically digested to produce biogas. This reduces landfill waste and provides renewable energy for wastewater treatment plants.
• Landfill Type: Landfill gas (LFG) capture systems collect methane emissions from decomposing waste in landfills. This gas can be directly used for energy generation or upgraded to biomethane for injection into natural gas grids.
• Others: This segment includes emerging feedstocks like industrial food processing waste, algae biomass, and energy crops specifically grown for biogas production.
Segmentation by Application:
• Electricity Generation: Biogas can be directly used in internal combustion engines or turbines to generate electricity for on-site power needs or fed into the national grid.
• Vehicle Fuel: Upgraded biomethane, with a similar composition to natural gas, can be used as a clean and renewable fuel for trucks, buses, and even cars converted for CNG (compressed natural gas) use.

Regional Analysis
The biogas and biomethane market offers a sustainable solution for waste management and renewable energy. Here's a regional breakdown:
• Europe (Leader): Holds the top spot due to:
o Established Policies: Strong government support and favorable regulations for biogas production and biomethane injection into gas grids.
o Existing Infrastructure: Well-developed agricultural sector with established biogas plants, particularly in Germany and France.
• Asia Pacific (Rapid Growth): This region experiences significant growth with:
o Large Agricultural Base: Abundant feedstock like manure and food waste creates potential for biogas production.
o Growing Economies & Urbanization: Increasing demand for sustainable waste management and renewable energy sources.
o Government Initiatives: Supportive policies promoting biogas development in countries like China and India.
• North America (Emerging Player): This region shows promise with:
o Technological Advancements: Focus on innovative technologies for efficient biogas production and biomethane upgrading.
o Stricter Regulations: Environmental concerns drive interest in cleaner energy sources like biogas.
o Mature Agricultural Sector: Potential for increased biogas production from existing farms.
Latin America & Middle East & Africa (Early Stage): These regions hold long-term potential with:
• Government Investments: Support for projects promoting waste management and renewable energy solutions.
• Growing Populations & Urbanization: Increased demand for sustainable waste management practices.
Key Takeaways:
• Europe leads due to established policies and infrastructure.
• Asia Pacific presents high growth potential with abundant feedstock and supportive government initiatives.
• North America focuses on innovation and environmental regulations.
• Emerging markets offer long-term potential for biogas development.

Key Developments:
Here are two recent developments in the global Biogas and Biomethane market:
• Expansion in North America (March 2024): RNG RNG (RNG stands for Renewable Natural Gas, another term for biomethane) Solutions, a leading biogas company in the US, announced plans to build a new large-scale biomethane production facility in California. This signifies expansion in the North American market to meet growing demand for renewable transportation fuel.
• Technological Innovation in Europe (April 2024): Evonik Industries, a German specialty chemicals company, unveiled a new enzyme technology that significantly improves the efficiency of biogas production from agricultural waste. This innovation can reduce costs and make biogas production more sustainable in Europe.

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Gasrec

Future Biogas

VERBIO

Thorso Biogas

Staples Vegetables

Nature Energy

Asia Biogas

Deqingyuan

Mengniu

Shandong Minhe

J V Energen

AltEnergo