Global Bioenergy Market 2024-2028

Bioenergy Market 2024-2028


The bioenergy market is forecasted to grow by USD 88.4 bn during 2023-2028, accelerating at a CAGR of 7.81% during the forecast period. The report on the bioenergy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing concerns about environment and energy security, rising need for renewable clean fuel, and supportive government policies.

Technavio's bioenergy market is segmented as below:
  • By Application
  • Transportation
  • Off-grid electricity
  • Cooking
  • Others
  • By Product Type
  • Liquid biofuel
  • Solid biomass
  • Biogas
  • By Geographical Landscape
  • Europe
  • North America
  • APAC
  • South America
  • Middle East and Africa
This study identifies the increasing investments in bioenergy sector as one of the prime reasons driving the bioenergy market growth during the next few years. Also, advances in enzyme technologies and emergence of alternatives to conventional transportation fuels will lead to sizable demand in the market.

The report on the bioenergy market covers the following areas:
  • Bioenergy market sizing
  • Bioenergy market forecast
  • Bioenergy market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bioenergy market vendors that include A2A SpA, Archer Daniels Midland Co., Babcock and Wilcox Enterprises Inc., BP PLC, Cargill Inc., Darling Ingredients Inc., ENERKEM Inc., Fortum Oyj, Fulcrum BioEnergy Inc., Hitachi Zosen Corp., Louis Dreyfus Co. BV, Manta Biofuel, MVV Energie AG, Orsted AS, POET LLC, Schaumann BioEnergy Consult GmbH, SGP BioEnergy Holdings LLC, Shell PLC, SynTech Bioenergy LLC, and Thumb BioEnergy LLC. Also, the bioenergy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Bioenergy Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Bioenergy Market 2018 - 2022 ($ billion)
    • Application segment analysis 2018 - 2022
    • Product Type segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • Transportation - Market size and forecast 2023-2028
      • Table Data Table on Transportation - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Transportation - Year-over-year growth 2023-2028 (%)
    • Off-grid electricity - Market size and forecast 2023-2028
      • Table Data Table on Off-grid electricity - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Off-grid electricity - Year-over-year growth 2023-2028 (%)
    • Cooking - Market size and forecast 2023-2028
      • Table Data Table on Cooking - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Cooking - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ billion)
  • Market Segmentation by Product Type
    • Market segments
      • Table Data Table on Product Type - Market share 2023-2028 (%)
    • Comparison by Product Type
      • Table Data Table on Comparison by Product Type
    • Liquid biofuel - Market size and forecast 2023-2028
      • Table Data Table on Liquid biofuel - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Liquid biofuel - Year-over-year growth 2023-2028 (%)
    • Solid biomass - Market size and forecast 2023-2028
      • Table Data Table on Solid biomass - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Solid biomass - Year-over-year growth 2023-2028 (%)
    • Biogas - Market size and forecast 2023-2028
      • Table Data Table on Biogas - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Biogas - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product Type
      • Table Data Table on Market opportunity by Product Type ($ billion)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • France - Market size and forecast 2023-2028
      • Table Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on France - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Increasing concerns about environment and energy security
      • Rising need for renewable clean fuel
      • Supportive government policies
    • Market challenges
      • Fall in crude oil prices
      • Higher production cost of biofuels (compared with conventional fuels)
      • Increasing concerns about food security
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Increasing investments in bioenergy sector
      • Advances in enzyme technologies
      • Emergence of alternatives to conventional transportation fuels
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • A2A SpA
    • Archer Daniels Midland Co.
    • Babcock and Wilcox Enterprises Inc.
    • BP Plc
    • Cargill Inc.
    • ENERKEM Inc.
    • Fortum Oyj
    • Fulcrum BioEnergy Inc.
    • Hitachi Zosen Corp.
    • Louis Dreyfus Co. BV
    • MVV Energie AG
    • Orsted AS
    • POET LLC
    • Schaumann BioEnergy Consult GmbH
    • Shell plc
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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