Bioenergy Market

By Product Type;

Solid Biomass, Liquid Biofuel, Biogas and Others

By Feedstock;

Agricultural Waste, Wood & Woody Biomass, Solid Waste and Others

By Application;

Power Generation, Heat Generation, Transportation and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn524042840 Published Date: September, 2025 Updated Date: October, 2025

Bioenergy Market Overview

Bioenergy Market (USD Million)

Bioenergy Market was valued at USD 136,731.97 million in the year 2024. The size of this market is expected to increase to USD 231,313.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.


Bioenergy Market

*Market size in USD million

CAGR 7.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.8 %
Market Size (2024)USD 136,731.97 Million
Market Size (2031)USD 231,313.72 Million
Market ConcentrationMedium
Report Pages319
136,731.97
2024
231,313.72
2031

Major Players

  • Mitsubishi Heavy Industries Ltd
  • MVV Energie AG
  • A2A SpA
  • Hitachi Zosen Corp
  • BTG Biomass Technology Group
  • Babcock & Wilcox Volund A/S
  • Biomass Engineering Ltd
  • Orsted A/S

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Bioenergy Market

Fragmented - Highly competitive market without dominant players


The Bioenergy Market continues to strengthen as organizations increasingly focus on sustainable energy. Nearly 45% of renewable projects now integrate bioenergy, positioning it as a pivotal solution for reducing fossil fuel reliance. Its adoption supports cleaner operations and plays a vital role in carbon reduction strategies.

Wider Industry Integration
Industries are rapidly adopting bioenergy, with more than 40% of production processes shifting to bio-based fuels. From electricity generation to heating solutions, bioenergy is delivering cost efficiency and environmental gains. This transition is boosting demand for advanced processing systems and innovative energy solutions.

Innovations Enhancing Market Growth
Emerging technologies in biogas plants, biomass conversion, and waste-to-energy facilities are reshaping the industry. Approximately 50% of energy firms now deploy cutting-edge methods to improve output and resource utilization. These developments are cementing bioenergy’s importance in the renewable ecosystem.

Sustainability and Economic Impact
Adoption of bioenergy brings dual benefits—environmental preservation and financial efficiency. Close to 35% of cost savings in energy operations are attributed to bio-based alternatives. By converting organic waste and agricultural by-products into energy, bioenergy is becoming central to sustainability goals and circular economy models.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Feedstock
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Bioenergy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements in bioenergy
        2. Public awareness of climate change
        3. Corporate sustainability commitments
        4. Favorable policies for bioenergy development
      2. Restraints
        1. Regulatory uncertainties
        2. Land use conflicts
        3. Supply chain complexities
      3. Opportunities
        1. Diversify biomass feedstock sources
        2. Integrate bioenergy with existing infrastructure
        3. Educate consumers on bioenergy benefits
        4. Develop bioenergy clusters for efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Bioenergy Market, By Product Type, 2021 - 2031 (USD Million)
      1. Solid Biomass
      2. Liquid Biofuel
      3. Biogas
      4. Others
    2. Bioenergy Market, By Feedstock, 2021 - 2031 (USD Million)
      1. Agricultural Waste
      2. Wood & Woody Biomass
      3. Solid Waste
      4. Others
    3. Bioenergy Market, By Application, 2021 - 2031 (USD Million)
      1. Power Generation
      2. Heat Generation
      3. Transportation
      4. Others
    4. Bioenergy Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. ADM
      2. BP
      3. Valero Energy Corp.
      4. Bunge North America
      5. Shell
      6. Cosan S.A.
      7. Ameresco
      8. EnviTec Biogas AG
      9. Enexor Energy
      10. MVV Energie AG
      11. Enerkem
      12. Fortum Oyj
      13. Orsted A/S
      14. Green Plains Inc.
      15. Enviva
  7. Analyst Views
  8. Future Outlook of the Market