Biogas Market Size

Statistics for the 2023 & 2024 Biogas market size, created by Mordor Intelligence™ Industry Reports. Biogas size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Biogas Industry

Biogas Market - Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
CAGR 4.51 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Medium

Major Players


*Disclaimer: Major Players sorted in no particular order


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Biogas Market Analysis

The Biogas Market size is expected to grow from 23.86 gigawatts (GW) by the end of next year to 29.75 GW after five years, at a CAGR of 4.51% during the forecast period.

  • Over the long term, supportive government policies and regulations and diversifying areas of applications are expected to drive the growth of the market studied.
  • On the other hand, increasing competition from alternate renewable energy sources is expected to hamper the growth of biogas during the forecast period.
  • Nevertheless, the technological advancements and innovations in the biogas industry will likely create lucrative growth opportunities for the market in the forecast period.
  • The Europe region is likely to dominate the market during the forecast period. This growth is attributed to the increasing investments, coupled with the adoption of power and heat generation in the countries of this region, including Germany, the United Kingdom and Italy.

Biogas Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)