Bioenergy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Bioenergy Market Size & Share and It is Segmented by Type (Solid Biomass, Biogas, Renewable Waste, and Other Types), Technology (Gasification, Fast Pyrolysis, Fermentation, and Other Technologies), and Geography (North America, Asia-Pacific, Europe, South America, and Middle-East and Africa). The Report Offers the Market Size and Forecasts for Bioenergy Market Based On Installed Capacity for all the Above Segments.

Bioenergy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Bioenergy Market Size

Bioenergy Market Summary
Study Period 2020 - 2030
Market Volume (2025) 175.81 gigawatt
Market Volume (2030) 233.28 gigawatt
CAGR 5.82 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Medium

Major Players

Bioenergy Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Bioenergy Market with other markets in Energy & Power Industry

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Bioenergy Market Analysis

The Bioenergy Market size in terms of installed base is expected to grow from 175.81 gigawatt in 2025 to 233.28 gigawatt by 2030, at a CAGR of 5.82% during the forecast period (2025-2030).

The bioenergy industry is experiencing significant transformation driven by technological innovations and an increasing focus on sustainable waste management solutions. A notable advancement in this space is the emergence of Dendro Liquid Energy (DLE), a German innovation in biological waste treatment that approaches 'zero-waste' technology status, representing a significant leap forward in waste-to-energy conversion efficiency. This technological evolution is complemented by the growing integration of smart monitoring systems and advanced control mechanisms in bioenergy facilities, enabling optimized performance and reduced operational costs. The industry is witnessing a shift towards more sophisticated and efficient conversion technologies, particularly in the areas of gasification and pyrolysis.


The sector is experiencing substantial momentum in project development and infrastructure expansion across multiple regions. In March 2024, the Brazilian firm IBS Energy Group partnered with Power China to construct a biomass-fired thermoelectric plant, with an estimated investment of EUR 109 million, demonstrating the industry's continued growth trajectory. The facility is designed to deliver clean energy, sustainable, and certified energy, with the capacity to supply electricity to approximately 130,000 homes. This development is indicative of the broader trend of increasing industrial-scale bioenergy projects globally.


Policy frameworks and international collaborations are playing an increasingly crucial role in shaping the bioenergy market landscape. In January 2024, the United States Department of Energy announced a significant investment of nearly USD 100 million in funding for research and development of bioenergy technologies, focusing on reducing the price of drop-in biofuels and lowering biopower costs. This commitment to research and development is being mirrored globally, with various countries implementing supportive policies and incentive structures to promote bioenergy adoption and technological advancement.


The industry is witnessing a notable shift towards integrated biorefinery concepts and circular economy principles. In September 2023, the Clean Energy Ministerial (CEM) launched the new Biofuture Platform Initiative, establishing a comprehensive framework for advancing sustainable bioenergy and biomaterials production globally. This initiative represents a significant step towards creating standardized approaches for sustainable bioenergy development and demonstrates the industry's movement towards more integrated and sustainable operational models. The platform emphasizes collaboration between public and private sectors to accelerate the adoption of sustainable bioenergy solutions and establish more efficient supply chains.

Segment Analysis: By Type

Biomass and Renewable Municipal Waste Segment in Bioenergy Market

The Biomass and Renewable Municipal Waste segment continues to dominate the global bioenergy market, accounting for approximately 79% of the total installed capacity in 2024. This segment's prominence is driven by increasing adoption of waste-to-energy technology and growing demand for biomass power, particularly pellets in Combined Heat and Power (CHP) plants. The segment's strong position is supported by various government initiatives promoting waste-to-energy projects and the availability of diverse feedstock sources, including wood, agricultural residues, and municipal solid waste. Major economies like China, Europe, and North America are making significant investments in biomass gasification power plants and waste-to-energy facilities, further strengthening this segment's market leadership.

Market Analysis of Bioenergy Market: Chart for By Type

Biogas Segment in Bioenergy Market

The biogas segment is emerging as the fastest-growing segment in the bioenergy market for the period 2024-2029. This growth is primarily driven by increasing adoption of anaerobic digestion technologies, rising investments in biogas projects, and supportive government policies worldwide. The segment is witnessing significant expansion, particularly in Europe and the Asia-Pacific regions, where numerous biogas plants are being developed for both electricity generation and biomethane market production. The growth is further supported by the increasing focus on reducing greenhouse gas emissions and the versatility of biogas in various applications, including power generation, heating, and transportation fuel.

Remaining Segments in Bioenergy Market by Type

The Liquid Biofuels segment, while smaller in terms of installed capacity, plays a crucial role in the biofuel market, particularly in the transportation sector. This segment encompasses various products, including bioethanol, biodiesel, and advanced biofuels. The segment's development is closely tied to government mandates for biofuel blending in transportation fuels, particularly in major markets like the United States, Brazil, and European Union countries. The segment continues to evolve with technological advancements in production processes and the emergence of new feedstock sources.

Segment Analysis: By Technology

Fermentation Segment in Bioenergy Market

Fermentation technology dominates the global bioenergy market, holding approximately 34% of the total market share in 2024. This technology's prominence can be attributed to its mature and widely accepted applications worldwide. The fermentation process involves the anaerobic breakdown of biodegradable materials by microorganisms, particularly effective in converting biomass residues containing fermentable sugars from cellulose and hemicellulose components into bioethanol. The segment's leadership position is reinforced by its versatility in handling various feedstocks, from agricultural wastes to dedicated energy crops, and its ability to produce both liquid biofuels and biogas. Major markets like the United States and Brazil have significantly contributed to this segment's dominance through their extensive ethanol production facilities and continued investment in fermentation-based bioenergy projects.

Gasification Segment in Bioenergy Market

The biomass gasification segment is emerging as the fastest-growing technology in the bioenergy market for the period 2024-2029. This growth is driven by the technology's high flexibility in applications and sustainable performance characteristics. Gasification's ability to convert various types of biomass into producer gas or synthesis gas (syngas) at temperatures ranging from 700°C to 1600°C makes it particularly attractive for industrial applications. The segment's expansion is further supported by increasing adoption in the Asia-Pacific regions, particularly in countries like India, where small-scale biomass gasification is gaining traction for rural electrification. The technology's capability to handle diverse feedstock types, from wood chips and pellets to agricultural byproducts, combined with its high efficiency in energy conversion, positions it favorably for continued growth in the coming years.

Remaining Segments in Bioenergy Technology Market

The pyrolysis and other technologies segments complete the bioenergy technology landscape, each serving unique market niches. Fast pyrolysis technology has established itself as a significant player, particularly in regions with abundant biomass resources, offering advantages in bio-oil production and the ability to process various organic materials at temperatures between 350°C and 700°C. The other technologies segment, which includes innovative processes like anaerobic digestion and transesterification, continues to contribute to market diversification by addressing specific regional and industrial needs. These segments play crucial roles in expanding the bioenergy market's capabilities, particularly in waste-to-energy applications and specialized industrial processes.

Bioenergy Market Geography Segment Analysis

Bioenergy Market in North America

The North American bioenergy market maintains a significant position in the global landscape, holding approximately 13% of the global market share in 2024. The region's market is primarily driven by supportive government policies and renewable energy mandates, particularly in the United States and Canada. The market benefits from extensive agricultural resources that provide abundant biomass energy feedstock, advanced technological infrastructure, and well-established waste-to-energy facilities. The United States leads the regional market with substantial investments in biopower generation facilities and advanced biofuel production capabilities. The region's commitment to reducing greenhouse gas emissions and transitioning towards cleaner energy sources continues to propel market growth. Additionally, the presence of major industry players and ongoing research and development activities in bioenergy technologies strengthens North America's position in the global market. The integration of bioenergy into existing power generation infrastructure and the growing focus on sustainable waste management solutions further enhance market development in the region.

Market Analysis of Bioenergy Market: Forecasted Growth Rate by Region

Bioenergy Market in Europe

Europe represents the most mature and sophisticated bioenergy market globally, demonstrating remarkable growth of approximately 32% between 2019 and 2024. The region's success is built upon strong regulatory frameworks, ambitious renewable energy targets, and widespread public support for sustainable energy solutions. Countries like Germany, the United Kingdom, and Italy lead the European bioenergy sector with advanced infrastructure and innovative technologies. The market benefits from well-developed supply chains for biomass energy feedstock and extensive district heating networks that utilize bioenergy. European nations continue to invest in modernizing existing facilities and developing new bioenergy projects, particularly in Eastern European countries where significant potential remains untapped. The region's commitment to circular economy principles and waste-to-energy solutions drives continuous innovation in the sector. Furthermore, the integration of bioenergy with other renewable energy sources and the development of smart grid systems showcase Europe's holistic approach to sustainable energy transition.

Bioenergy Market in Asia-Pacific

The Asia-Pacific bioenergy market demonstrates robust growth potential with an anticipated growth rate of approximately 5% annually from 2024 to 2029. The region's market is characterized by rapid industrialization, increasing energy demand, and growing environmental consciousness. China and India serve as the primary growth engines, leveraging their vast agricultural resources and implementing supportive policies for bioenergy development. The market benefits from increasing investments in waste-to-energy projects and the modernization of traditional biomass utilization methods. Technological advancements in biomass processing and conversion efficiency improvements continue to drive market expansion. The region's focus on rural electrification and sustainable agriculture practices creates additional opportunities for bioenergy deployment. Furthermore, the growing emphasis on reducing air pollution and meeting international climate commitments strengthens the market outlook. The development of integrated biorefineries and the emergence of innovative business models contribute to the region's dynamic market environment.

Bioenergy Market in South America

South America's bioenergy market demonstrates significant potential, primarily driven by Brazil's leadership in bioethanol production and biomass-based power generation. The region benefits from abundant natural resources, favorable climate conditions for biomass production, and established agricultural infrastructure. The market is characterized by strong integration between the agricultural sector and bioenergy production, particularly in sugarcane-based bioethanol. Regional governments are increasingly implementing supportive policies to promote bioenergy development and attract investments in the sector. The focus on reducing dependence on fossil fuels and enhancing energy security drives market growth. Additionally, the region's commitment to sustainable agriculture and forest management practices creates opportunities for biomass-based energy solutions. The development of advanced biofuel technologies and the modernization of existing facilities continue to shape the market landscape. Furthermore, increasing collaboration between public and private sectors strengthens the regional bioenergy ecosystem.

Bioenergy Market in Middle East & Africa

The Middle East and Africa bioenergy market represents an emerging opportunity with significant untapped potential. The region's market is driven by increasing awareness of renewable energy benefits and the need for sustainable waste management solutions. Countries in the region are gradually developing regulatory frameworks and incentive programs to promote bioenergy adoption. The market benefits from growing urbanization and the resulting increase in organic waste generation, creating opportunities for waste-to-energy projects. Agricultural residues and municipal solid waste serve as primary feedstock sources for bioenergy production. The region shows particular promise in developing decentralized bioenergy solutions for rural communities. International collaboration and technology transfer play crucial roles in market development. Additionally, the integration of bioenergy projects with existing industrial infrastructure creates synergistic opportunities. The market also benefits from increasing investments in research and development activities focused on adapting bioenergy technologies to local conditions.

Bioenergy Industry Overview

Top Companies in Bioenergy Market

The bioenergy market features prominent players like Mitsubishi Heavy Industries, MVV Energie AG, A2A SpA, Hitachi Zosen Corp, BTG Biomass Technology Group, Babcock & Wilcox Enterprises, Biomass Engineering Ltd, Orsted A/S, Enerkem, and Fortum Oyj. These bioenergy companies are actively pursuing technological innovations in areas such as waste-to-energy conversion, biomethane production, and advanced biomass processing systems. Strategic partnerships and collaborations have become increasingly common, particularly for developing integrated biogas and biomethane solutions. Companies are expanding their geographical presence through both organic growth and acquisitions, with a notable focus on emerging markets. Operational excellence is being achieved through investments in plant modernization, efficiency improvements, and the development of proprietary technologies. The industry is witnessing a trend toward vertical integration, with companies establishing control over feedstock supply chains while simultaneously developing downstream applications.

Consolidation and Strategic Partnerships Drive Growth

The bioenergy market exhibits a moderately fragmented structure, characterized by a mix of global energy conglomerates and specialized bioenergy providers. Large multinational corporations, particularly from Europe and Asia, maintain a significant market presence through their established infrastructure and technological capabilities. The market has witnessed increased consolidation through strategic acquisitions, particularly in mature markets like Europe, where companies are acquiring smaller players to expand their technological portfolio and regional presence. Local players maintain strong positions in specific regions due to their understanding of local feedstock availability and regulatory frameworks.


The industry is experiencing a wave of strategic partnerships, particularly between technology providers and plant operators. These collaborations aim to develop more efficient conversion technologies and expand into new geographical markets. Merger and acquisition activities are primarily focused on acquiring complementary technologies and securing access to stable feedstock supply chains. The market is seeing increased participation from traditional energy companies looking to diversify their portfolio with renewable energy industry assets, leading to heightened competition and innovation in the sector.

Innovation and Sustainability Drive Market Success

Success in the bioenergy market increasingly depends on companies' ability to develop cost-effective and efficient conversion technologies while ensuring sustainable feedstock supply chains. Incumbent players are focusing on expanding their technological capabilities through research and development investments, particularly in areas like advanced gasification and pyrolysis technologies. Market leaders are also strengthening their position by developing integrated solutions that combine power generation with waste management services, creating additional value streams. The ability to secure long-term feedstock supply agreements and maintain operational efficiency while meeting stringent environmental standards has become crucial for maintaining market position.


New entrants and smaller players can gain market share by focusing on niche applications or specific geographical regions where they can establish a strong local presence. The development of innovative business models that address specific customer needs, such as distributed generation solutions for industrial customers, presents significant opportunities. Companies must also navigate the complex regulatory landscape while managing the risk of substitution from other renewable energy sources, particularly solar and wind power. Success in the market increasingly requires a balanced approach to technology development, operational efficiency, and stakeholder management, while maintaining flexibility to adapt to changing market conditions and regulatory requirements. The sustainable energy industry is pivotal in driving these advancements, ensuring long-term viability and environmental compliance.

Bioenergy Market Leaders

  1. Mitsubishi Heavy Industries Ltd

  2. BTG Biomass Technology Group

  3. Orsted A/S

  4. Fortum Oyj

  5. Hitachi Zosen Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Bioenergy Market Concentration
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Bioenergy Market News

  • June 2023: Canada's Minister of Natural Resources announced a USD 10 million contribution to BioLesna Carbon Technologies LP, a joint venture between BC Biocarbon and Dunkley Lumber Ltd., for a new biorefinery in Carrot River, Saskatchewan.
  • June 2023: Australia's Victorian government announced USD 8 million bioenergy fund, Victoria's largest investment in bioenergy to date, designed to significantly boost the region's bioenergy capacity. The fund supports 24 projects and will ensure that farming and food production waste, such as cooking oil, dairy excess, and vegetable offcuts, will be converted into electricity, heat, gas, or liquid fuel.

Bioenergy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Bioenergy Installed Capacity Historic and Forecast, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Shift towards Renewable Energy
    • 4.5.1.2 Less Electricity Generation Cost from Bioenergy
    • 4.5.2 Restraints
    • 4.5.2.1 High Initial Investments
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Solid Biomass
    • 5.1.2 Biogas
    • 5.1.3 Renewable Waste
    • 5.1.4 Other Types
  • 5.2 Technology
    • 5.2.1 Gasification
    • 5.2.2 Fast Pyrolysis
    • 5.2.3 Fermentation
    • 5.2.4 Other Technologies
  • 5.3 Geography (Regional Market Analysis {Market Size and Demand Forecast till 2028 (for regions only)})
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 France
    • 5.3.2.3 United Kingdom
    • 5.3.2.4 Italy
    • 5.3.2.5 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Chile
    • 5.3.4.4 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 South Africa
    • 5.3.5.4 Qatar

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Mitsubishi Heavy Industries Ltd
    • 6.3.2 MVV Energie AG
    • 6.3.3 A2A SpA
    • 6.3.4 Hitachi Zosen Corp.
    • 6.3.5 BTG Biomass Technology Group
    • 6.3.6 Babcock & Wilcox Volund AS
    • 6.3.7 Biomass Engineering Ltd
    • 6.3.8 Orsted AS
    • 6.3.9 Enerkem
    • 6.3.10 Fortum Oyj
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Advanced Technologies
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Bioenergy Industry Segmentation

Bioenergy is a source of energy from the organic material that drives up plants, known as biomass. Biomass contains carbon absorbed by plants through photosynthesis. It is a form of renewable energy derived from recently living organic materials known as biomass, which can be utilized to deliver transportation fuels, heat, electricity, and products.

The bioenergy market is segmented by type, application, and geography. By type, the market is segmented as Biodiesel, Bioethanol, and Biogas. By application, the market is segmented as Power Generation, District Heating, Transportation, Industrial Applications, and other applications. The report also covers the market size and forecasts across major regions. For each segment, the market size and forecasts have been done based on installed capacity.

Type Solid Biomass
Biogas
Renewable Waste
Other Types
Technology Gasification
Fast Pyrolysis
Fermentation
Other Technologies
Geography (Regional Market Analysis {Market Size and Demand Forecast till 2028 (for regions only)}) North America United States
Canada
Rest of North America
Europe Germany
France
United Kingdom
Italy
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia Pacific
South America Brazil
Argentina
Chile
Rest of South America
Middle-East and Africa Saudi Arabia
United Arab Emirates
South Africa
Qatar
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Bioenergy Market Research FAQs

How big is the Bioenergy Market?

The Bioenergy Market size is expected to reach 175.81 gigawatt in 2025 and grow at a CAGR of 5.82% to reach 233.28 gigawatt by 2030.

What is the current Bioenergy Market size?

In 2025, the Bioenergy Market size is expected to reach 175.81 gigawatt.

Who are the key players in Bioenergy Market?

Mitsubishi Heavy Industries Ltd, BTG Biomass Technology Group, Orsted A/S, Fortum Oyj and Hitachi Zosen Corporation are the major companies operating in the Bioenergy Market.

Which is the fastest growing region in Bioenergy Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Bioenergy Market?

In 2025, the Europe accounts for the largest market share in Bioenergy Market.

What years does this Bioenergy Market cover, and what was the market size in 2024?

In 2024, the Bioenergy Market size was estimated at 165.58 gigawatt. The report covers the Bioenergy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bioenergy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Bioenergy Market Research

Mordor Intelligence delivers a comprehensive analysis of the bioenergy market and biomass energy industry. We leverage our extensive expertise in renewable energy and sustainable energy research. Our detailed report covers the entire spectrum of biological energy applications. This includes biogas, biodiesel, bioethanol, and emerging biomethane technologies. The analysis encompasses key segments such as biomass gasification, biorefinery operations, and anaerobic digestion. It provides crucial insights into both woody biomass and agricultural biomass utilization. Our research thoroughly examines clean energy developments and green energy innovations. We focus particularly on biomass power generation, biomass electricity production, and biomass heating systems.

The report, available as an easy-to-download biomass energy report PDF, offers stakeholders a detailed analysis of bioenergy technology trends and market dynamics. We provide comprehensive coverage of biopower developments, biomass conversion processes, and organic waste energy solutions. The report benefits investors, biomass energy companies, and industry participants with actionable insights into the biofuel market, biogas market, and biodiesel market developments. Our analysis includes a detailed examination of biomass thermal applications, biorefinery market opportunities, and emerging biomethane market trends. This is supported by robust data on renewable fuel market dynamics and sustainable energy market growth patterns.