Bioenergy Market Analysis and Outlook Report: Industry Size, Share, Growth Trends, and Forecast (2025-2034)

Published On: Sep, 2025
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Pages: 150+

"The Global Bioenergy Market was valued at USD 288.85 billion in 2025 and is projected to reach USD 618.9 billion by 2034, growing at a CAGR of 8.84%."

The bioenergy market represents a pivotal segment of the global renewable energy landscape, offering a sustainable alternative to fossil fuels by converting organic materials into usable forms of energy such as heat, electricity, and transportation fuels. Derived from biomass sources like agricultural waste, forestry residues, animal manure, and energy crops, bioenergy contributes significantly to carbon emission reduction and circular economy strategies. Governments across the globe are incentivizing the development of biomass-to-energy projects through subsidies, tax credits, and mandates, particularly in regions striving to meet net-zero targets. Technologies such as anaerobic digestion, direct combustion, gasification, and advanced biofuels production are witnessing rapid commercialization. As industrial sectors look to decarbonize and replace coal or natural gas-based systems, bioenergy offers a dispatchable and renewable energy solution compatible with existing infrastructure.

The growing emphasis on energy security, sustainable rural development, and low-carbon industrial heating applications is propelling investments into bioenergy infrastructure. Key industries adopting bioenergy solutions include power generation, district heating, agriculture, pulp and paper, and food processing. Additionally, biofuels both biodiesel and bioethanol are gaining traction in transportation due to government blending mandates and rising EV-biofuel hybrid initiatives. With the scalability of feedstocks and the flexibility to integrate with combined heat and power (CHP) systems, bioenergy is positioned to become a backbone of decentralized and community-based renewable energy supply chains. Innovations in feedstock pre-treatment, carbon capture integration, and next-gen biorefineries are expected to transform the market dynamics in the coming decade.

Report Scope

Parameter Detail
Base Year 2024
Estimated Year 2025
Forecast Period 2026-2034
Market Size-Units USD billion/Million
Market Splits Covered By Type ,By Technology ,By Application
Countries Covered North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Analysis Covered Latest Trends, Driving Factors, Challenges, Supply-Chain Analysis, Competitive Landscape, Company Strategies
Customization 10% free customization(up to 10 analyst hours) to modify segments, geographies, and companies analyzed
Post-Sale Support 4 analyst hours, available up to 4 weeks
Delivery Format The Latest Updated PDF and Excel Datafile

Regional Insights

North America Bioenergy Market

North America's bioenergy market is experiencing renewed momentum as federal and state-level policies promote renewable fuels, sustainable agriculture, and decarbonization of the power and transport sectors. The United States and Canada are actively investing in biogas, RNG (renewable natural gas), and wood pellet production, backed by mandates for clean fuel standards and carbon offset incentives. The region offers lucrative opportunities in landfill gas-to-energy projects, manure-based digester systems, and industrial-scale bioethanol facilities. The deployment of BECCS (Bioenergy with Carbon Capture and Storage) is emerging as a future growth avenue, with pilot projects underway in ethanol plants. Corporate demand for carbon-neutral energy sources is further spurring market expansion, particularly in food, beverage, and logistics sectors.

Asia Pacific Bioenergy Market

Asia Pacific represents one of the fastest-growing bioenergy markets, driven by high energy demand, growing population, and the need to manage agricultural waste and urban biomass. Countries like China, India, Indonesia, and Thailand are witnessing significant growth in biomass power plants, rice husk gasification, and biogas digesters. Rural electrification programs, waste-to-energy policies, and feed-in-tariff schemes are stimulating local and foreign investments in bioenergy infrastructure. Additionally, bio-CNG and ethanol blending mandates in transport fuel are opening up scalable opportunities for private sector participation. The region is also home to expanding pellet manufacturing and export facilities, particularly aimed at meeting Japanese and Korean demand for biomass co-firing.

Europe Bioenergy Market

Europe remains a mature but dynamically evolving market for bioenergy, with strong policy backing through the EU Renewable Energy Directive and national decarbonization plans. Biomass heating, combined heat and power (CHP), and district heating systems dominate the regional landscape, especially in countries like Germany, Sweden, Finland, and Austria. The region’s emphasis on circular economy, waste valorization, and green public procurement creates favorable conditions for bioenergy operators. Biofuel production from waste-based feedstocks, wood chips, and agricultural residues is accelerating, supported by R&D funding and industry partnerships. Europe is also pioneering BECCS integration, especially in large-scale biomass and bioethanol plants, as part of its climate-neutral objectives.

Key Market Insights

  • The rising global demand for renewable energy is driving significant investment in bioenergy projects, particularly in regions with abundant agricultural and forestry residues. As governments push for carbon neutrality, biomass-based power plants and biogas facilities are receiving greater policy and financial backing.

  • Biogas production from organic municipal solid waste and agricultural byproducts is expanding rapidly. Countries are developing large-scale anaerobic digestion plants to enhance rural energy access and reduce landfill waste, aligning with circular economy goals.

  • Advanced biofuels, including cellulosic ethanol and renewable diesel, are gaining market traction due to stricter emissions standards in the transportation sector. These fuels are seen as essential to decarbonizing aviation and heavy-duty freight logistics.

  • Technological advancements in gasification and pyrolysis are enabling the conversion of low-grade biomass into high-value syngas and bio-oil, opening new avenues in industrial heating and green chemical production.

  • Asia Pacific is emerging as a major hub for bioenergy growth, driven by rising energy demand, supportive government programs in countries like China and India, and availability of feedstock from agricultural operations and agro-industrial waste.

  • In Europe, bioenergy continues to dominate the renewable heating sector, with district heating networks increasingly integrating biomass boilers and CHP systems to supply clean thermal energy to urban and rural households.

  • North America is witnessing increased private sector participation in bioenergy, particularly in developing RNG (renewable natural gas) from livestock manure and food processing waste, as part of corporate sustainability commitments.

  • Biomass pellet production and export markets are expanding, particularly in Canada and Southeast Asia, to meet European and Japanese demand for co-firing and dedicated biomass power generation.

  • Next-generation biorefineries are being developed to produce multiple outputs such as fuels, electricity, bioplastics, and fertilizers from a single biomass input, creating vertically integrated and economically viable models.

  • Integration of carbon capture technologies in bioenergy projects (BECCS) is gaining attention as a negative emissions pathway. These projects are being piloted in the US and EU, especially in ethanol and biomass-fired power plants.

Bioenergy Market Segments Covered In The Report


By Type
- Biomass and Renewable Municipal Waste
- Biogas
- Liquid Biofuels

By Technology
- Gasification
- Fast Pyrolysis
- Fermentation
- Other Technologies

By Application
- Power Generation
- Heat Generation
- Transportation
- Other Applications

By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)

Key Market Players

Babcock and Wilcox Enterprises Inc., Orsted A/S, Hitachi Zosen Corporation, Pacific Bioenergy Corp., Enerkem Inc., MVV Energie AG, Enexor Energy LLC, Lignetics Inc., Green Plains Inc., Enviva Partners LP, POET LLC, Drax Group plc, Ameresco Inc., Archer Daniels Midland Company, EnviTec Biogas AG, CropEnergies AG, Abengoa Bioenergy US Holding LLC, Novozymes A/S, Alto Ingredients Inc., Valero Energy Corporation, BP Biofuels North America LLC, Cargill Inc., DuPont Industrial Biosciences USA LLC, Gevo Inc., LanzaTech Inc., Mascoma LLC, Myriant Corporation, Sapphire Energy Inc., Solazyme Inc., Amyris Inc., Butamax Advanced Biofuels LLC, Coskata Inc., Genomatica Inc., LS9 Inc., NexSteppe Inc., Renmatix Inc., Terrabon Inc., Virent Inc., Algenol Biofuels Inc.

Recent Industry Developments

  • July 2025: A new biogas plant project has been approved near Nowra, New South Wales, Australia. The facility aims to convert cow manure and organic waste into renewable electricity, demonstrating increasing integration between agriculture and bioenergy.

  • June 2025: The International Energy Agency reported a projected 13% year-on-year increase in global investments in bioenergy technologies, underlining continued confidence in sustainable biofuels and biomass conversion solutions.

  • May 2025: USA BioEnergy finalized land acquisition in Bon Wier, Texas, for a planned USD 2.8 billion biofuel refinery. The facility will convert woody biomass into sustainable aviation fuel, with full operations targeted within four years.

  • February 2025: Toyota Tsusho and partners launched a study for a biomethane plant in São Paulo, Brazil. The plant will utilize sugarcane waste and is expected to generate over 5,000 Nm³/day of renewable gas upon completion.

  • February 2025: Nippon Paper Industries partnered with Japanese firms to establish Morisora Bio Refinery LLC. The facility will produce bioethanol from woody biomass, targeting commercial-scale output by 2027.

  • January 2025: The U.S. Department of Energy and EPA jointly awarded USD 6 million to advance three promising biofuel technologies focused on sustainable aviation and low-emission fuels.

  • January 2025: DOE’s Bioenergy Technologies Office announced USD 12 million in new funding to accelerate the scale-up of integrated biorefineries, aimed at decarbonizing aviation and heavy industry.

  • December 2024: Nuada completed installation of its biomass carbon capture pilot system at the University of Sheffield, achieving daily carbon capture of approximately 1 tonne using VPSA-based separation.

  • November 2024: Bioenergy Devco rebranded as BTS Bioenergy, aligning with strategic changes to improve operational performance at its anaerobic digestion facilities in the U.S., particularly in Maryland.

  • October 2024: Drax signed a biomass supply agreement with Pathway Energy to deliver over 1 million tonnes of wood pellets annually to Texas, supporting SAF production with integrated carbon capture.

What You Receive

• Global Bioenergy market size and growth projections (CAGR), 2024- 2034
• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Bioenergy.
• Bioenergy market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• Bioenergy market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term Bioenergy market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the Bioenergy market, Bioenergy supply chain analysis.
• Bioenergy trade analysis, Bioenergy market price analysis, Bioenergy Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest Bioenergy market news and developments.

The Bioenergy Market international scenario is well established in the report with separate chapters on North America Bioenergy Market, Europe Bioenergy Market, Asia-Pacific Bioenergy Market, Middle East and Africa Bioenergy Market, and South and Central America Bioenergy Markets. These sections further fragment the regional Bioenergy market by type, application, end-user, and country.
1. Table of Contents
1.1 List of Tables
1.2 List of Figures

2. Bioenergy Market Latest Trends, Drivers and Challenges, 2024 - 2034
2.1 Bioenergy Market Overview
2.2 Market Strategies of Leading Bioenergy Companies
2.3 Bioenergy Market Insights, 2024 - 2034
2.3.1 Leading Bioenergy Types, 2024 - 2034
2.3.2 Leading Bioenergy End-User industries, 2024 - 2034
2.3.3 Fast-Growing countries for Bioenergy sales, 2024 - 2034
2.4 Bioenergy Market Drivers and Restraints
2.4.1 Bioenergy Demand Drivers to 2034
2.4.2 Bioenergy Challenges to 2034
2.5 Bioenergy Market- Five Forces Analysis
2.5.1 Bioenergy Industry Attractiveness Index, 2024
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes

3. Global Bioenergy Market Value, Market Share, and Forecast to 2034
3.1 Global Bioenergy Market Overview, 2024
3.2 Global Bioenergy Market Revenue and Forecast, 2024 - 2034 (US$ billion)

3.3 Global Bioenergy Market Size and Share Outlook By Type, 2024 - 2034

3.4 Global Bioenergy Market Size and Share Outlook By Technology, 2024 - 2034

3.5 Global Bioenergy Market Size and Share Outlook By Application, 2024 – 2034
3.6 Global Bioenergy Market Size and Share Outlook By Segment4, 2024 - 2034

3.7 Global Bioenergy Market Size and Share Outlook by Region, 2024 - 2034

4. Asia Pacific Bioenergy Market Value, Market Share and Forecast to 2034
4.1 Asia Pacific Bioenergy Market Overview, 2024
4.2 Asia Pacific Bioenergy Market Revenue and Forecast, 2024 - 2034 (US$ billion)
4.3 Asia Pacific Bioenergy Market Size and Share Outlook By Type, 2024 - 2034
4.4 Asia Pacific Bioenergy Market Size and Share Outlook By Technology, 2024 - 2034
4.5 Asia Pacific Bioenergy Market Size and Share Outlook By Application, 2024 – 2034
4.6 Asia Pacific Bioenergy Market Size and Share Outlook By Segment4, 2024 - 2034
4.7 Asia Pacific Bioenergy Market Size and Share Outlook by Country, 2024 - 2034

5. Europe Bioenergy Market Value, Market Share, and Forecast to 2034
5.1 Europe Bioenergy Market Overview, 2024
5.2 Europe Bioenergy Market Revenue and Forecast, 2024 - 2034 (US$ billion)
5.3 Europe Bioenergy Market Size and Share Outlook By Type, 2024 - 2034
5.4 Europe Bioenergy Market Size and Share Outlook By Technology, 2024 - 2034
5.5 Europe Bioenergy Market Size and Share Outlook By Application, 2024 – 2034
5.6 Europe Bioenergy Market Size and Share Outlook By Segment4, 2024 - 2034
5.7 Europe Bioenergy Market Size and Share Outlook by Country, 2024 - 2034

6. North America Bioenergy Market Value, Market Share and Forecast to 2034
6.1 North America Bioenergy Market Overview, 2024
6.2 North America Bioenergy Market Revenue and Forecast, 2024 - 2034 (US$ billion)
6.3 North America Bioenergy Market Size and Share Outlook By Type, 2024 - 2034
6.4 North America Bioenergy Market Size and Share Outlook By Technology, 2024 - 2034
6.5 North America Bioenergy Market Size and Share Outlook By Application, 2024 – 2034
6.6 North America Bioenergy Market Size and Share Outlook By Segment4, 2024 - 2034
6.7 North America Bioenergy Market Size and Share Outlook by Country, 2024 - 2034

7. South and Central America Bioenergy Market Value, Market Share and Forecast to 2034
7.1 South and Central America Bioenergy Market Overview, 2024
7.2 South and Central America Bioenergy Market Revenue and Forecast, 2024 - 2034 (US$ billion)
7.3 South and Central America Bioenergy Market Size and Share Outlook By Type, 2024 - 2034
7.4 South and Central America Bioenergy Market Size and Share Outlook By Technology, 2024 - 2034
7.5 South and Central America Bioenergy Market Size and Share Outlook By Application, 2024 – 2034
7.6 South and Central America Bioenergy Market Size and Share Outlook By Segment4, 2024 - 2034
7.7 South and Central America Bioenergy Market Size and Share Outlook by Country, 2024 - 2034

8. Middle East Africa Bioenergy Market Value, Market Share and Forecast to 2034
8.1 Middle East Africa Bioenergy Market Overview, 2024
8.2 Middle East and Africa Bioenergy Market Revenue and Forecast, 2024 - 2034 (US$ billion)
8.3 Middle East Africa Bioenergy Market Size and Share Outlook By Type, 2024 - 2034
8.4 Middle East Africa Bioenergy Market Size and Share Outlook By Technology, 2024 - 2034
8.5 Middle East Africa Bioenergy Market Size and Share Outlook By Application, 2024 – 2034
8.6 Middle East Africa Bioenergy Market Size and Share Outlook By Segment4, 2024 - 2034
8.7 Middle East Africa Bioenergy Market Size and Share Outlook by Country, 2024 - 2034

9. Bioenergy Market Structure
9.1 Key Players
9.2 Bioenergy Companies - Key Strategies and Financial Analysis
9.2.1 Snapshot
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis

10. Bioenergy Industry Recent Developments

11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information

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FAQ's

The Global Bioenergy Market is estimated to generate USD 288.85 billion in revenue in 2025.

The Global Bioenergy Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.84% during the forecast period from 2025 to 2034.

The Bioenergy Market is estimated to reach USD 618.9 billion by 2034.

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Policy reforms, strategic partnerships, and infrastructure upgrades are being advanced to secure energy security, reduce import dependency, and attract foreign investment into the country’s oil and gas value chain.Bangladesh’s oil and gas industry is structured around an integrated upstream, midstream, and downstream network, largely steered by public sector enterprises. In the upstream segment, domestic gas production is concentrated in the eastern part of the country, with key fields including Titas, Bibiyana, and Kailashtila. These assets are operated by companies such as Bangladesh Gas Fields Company Limited (BGFCL), Sylhet Gas Fields Limited (SGFL), and Chevron Bangladesh. However, production is declining, prompting new offshore exploration efforts in the Bay of Bengal. Midstream infrastructure includes a national pipeline network for gas transmission managed by Gas Transmission Company Limited (GTCL), along with Floating Storage and Regasification Units (FSRUs) at Moheshkhali to accommodate LNG imports. Additional onshore terminals are planned to enhance regasification and supply capacity. In the downstream segment, Bangladesh has one major refinery, Eastern Refinery Limited (ERL), which is undergoing modernization to improve fuel quality and processing efficiency. The downstream sector also includes city gas distribution networks, CNG filling stations, and fuel import terminals, with expansion efforts underway to meet growing urban and industrial demand.Bangladesh Oil and Gas Market Latest Developments In January 2025, the government initiated the renovation of 31 aging natural gas wells under a national plan to refurbish 100 wells by 2028, aiming to stabilize and boost domestic gas production.Petrobangla extended the international bidding deadline for offshore exploration blocks to December 2025, offering 24 blocks in the Bay of Bengal to attract foreign investment in untapped reserves.Argent LNG signed a preliminary agreement in early 2025 to supply Bangladesh with up to 5 million tonnes of LNG annually from a planned U.S.-based liquefaction terminal, expected to commence deliveries post-2027.Chevron resumed development work on the Jalalabad gas compression station in 2025, allocating an estimated $65 million to enhance pressure and extend the life of the field.Summit Group formally challenged a termination notice from Petrobangla over its proposed third FSRU terminal in southeast Bangladesh, continuing efforts to develop a 600 mmcfd regasification facility.The well renovation campaign is a critical short-term measure to restore production from existing fields and slow the rate of decline in domestic supply.Bangladesh is shifting focus from reliance on existing mature fields to unlocking new offshore gas reserves through competitive licensing and investment incentives.The Argent LNG deal underscores Bangladesh’s growing dependence on long-term LNG contracts to address seasonal shortages and mitigate exposure to spot market volatility.Chevron's continued infrastructure investments reflect its commitment to field sustainability and its strategic importance as the country’s largest producer.Midstream upgrades like compression stations are necessary to maintain flow rates as reservoir pressures decline in aging fields.The offshore bidding extension indicates that investor appetite remains cautious, requiring additional time and regulatory clarity to encourage participation.Long-term LNG deals with diversified suppliers such as the U.S. provide greater flexibility and resilience in Bangladesh’s import portfolio.The dispute over the third FSRU highlights regulatory uncertainty and conflicting interests between public and private stakeholders in infrastructure development.If completed, the proposed FSRU terminal would significantly enhance Bangladesh’s LNG import capacity, vital for meeting growing urban and industrial demand.The combination of well rehabilitation, exploration initiatives, LNG procurement, and infrastructure expansion illustrates a broad-based strategy to achieve gas security and energy diversification in the face of rising consumption and declining reserves.Bangladesh Oil and Gas Market Report Scope The "Bangladesh Oil and Gas Strategic Analysis and Outlook to 2032" is an all-encompassing report that delivers a full-spectrum evaluation of the nation’s oil and gas value chain—from exploration and production fields, refinery and LNG plant operations, to midstream pipelines and storage infrastructure in Bangladesh. Leveraging robust methodologies and proprietary databases, the study provides detailed asset-level data, historic and forecasted supply-demand trends (2015–2032), and a clear understanding of how recent developments, government policies, and market dynamics shape the sector. The Bangladesh Oil and Gas report equips industry stakeholders with actionable insights for investment, benchmarking, and strategic planning by profiling operational assets, new projects, and the competitive landscape across upstream, midstream, and downstream segments. Comprehensive market analytics are complemented by SWOT and investment opportunity analysis, highlighting growth drivers, operational risks, sector-specific challenges, and capital requirements. The study evaluates key companies’ strategies, performance, and market positions, providing an integrated view of where opportunities and bottlenecks exist. The scope extends to Bangladesh field-wise production, refinery-wise capacity, LNG terminal operations (including liquefaction and regasification units), and product flows through pipelines and storage. The research not only answers core market questions but also uncovers the evolving dynamics that will influence the future trajectory of Bangladesh country’s oil and gas industry. Bangladesh Asset-by-asset data covers all existing and upcoming oil and gas fields, refineries, LNG terminals, pipelines, and storage facilities, providing a granular view of national infrastructure. Historic and projected supply-demand analysis for crude oil, natural gas, and key refined products (gasoline, diesel, LPG, fuel oil, etc.) from 2015 to 2032. Recent developments, regulatory changes, and major project announcements are analyzed for their impact on market fundamentals and investment climate. Segmented insights into upstream (exploration and production), midstream (pipelines, LNG, storage), and downstream (refining, distribution) operations. Comprehensive overview of LNG sector including liquefaction and regasification terminals, contracted versus available capacity, and future outlook. Bangladesh Oil and Gas Industry SWOT analysis and sector-wise benchmarking to evaluate industry strengths, challenges, opportunities, and potential risks. Bangladesh Investment analysis detailing sector growth potential, required capital for new projects, and feasibility of ongoing and planned developments. Competitive landscape profiling of leading companies, with business strategies, operational performance, and market shares. Infrastructure benchmarking by market concentration in pipelines, refining, LNG, and storage segments, including capacity and utilization rates. Answers to key market questions, including evolving Bangladesh supply-demand dynamics, project status, leading market participants, and the future outlook for capacity, trade, and investment.

Published:Jul-2025