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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1207077

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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1207077

Bioenergy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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The global bioenergy market size reached 144.4 GW in 2022. Looking forward, IMARC Group expects the market to reach 228.1 GW by 2028, exhibiting a growth rate (CAGR) of 7.75% during 2023-2028.

Bioenergy is a form of renewable energy that is generated from organic matter, such as biomass, biogas, and biofuel. It is widely used to produce heat, fuel for transportation, electricity, and for heating and cooking applications. It is usually obtained from natural processes and sources, such as wind and sunlight. Bioenergy is eco-friendly as it is produced from feedstock, including solid waste, agricultural waste, and liquid biofuels. As compared to conventional energy sources, biofuels offer better energy reliability, reduced landfills, improved biodegradability, minimized carbon footprint and enhanced air quality. It can also be replenished over relatively shorter durations, thereby reducing the energy bills and reliance on fossil fuels.

Bioenergy Market Trends:

  • The rising prevalence of global warming due to growing industrial activities across the globe is creating a positive outlook for the market. Consumers are focusing on sustainable development by using bio-based fuels for power generation and biomass for developing low cost and energy effect construction materials. In line with this, the increasing environmental consciousness among the masses regarding the adverse effects of pollution and greenhouse gas (GHG) emission is also favoring the market growth. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML) with connected devices for optimizing energy usage, balancing electricity supply and predicting the performance of biomass conversion, are providing an impetus to the market growth. Additionally, the increasing product demand to reduce air pollution and emission of GHG due to the rising instances of respiratory diseases, such as pulmonary fibrosis, asthma and lung cancer, is augmenting the market growth. Other factors, including the increasing demand for biomass-based electricity generation and the implementation of various government initiatives to promote the adoption of renewable energy sources, are anticipated to drive the market further toward growth.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global bioenergy market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, feedstock and application.

Breakup by Product Type:

  • Solid Biomass
  • Liquid Biofuel
  • Biogas
  • Others

Breakup by Feedstock:

  • Agricultural Waste
  • Wood Waste
  • Solid Waste
  • Others

Breakup by Application:

  • Power Generation
  • Heat Generation
  • Transportation
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer-Daniels-Midland Company, Babcock & Wilcox Enterprises Inc., Bunge limited, EnviTec Biogas AG, Fortum Oyj, Hitachi Zosen Corporation, Mitsubishi Heavy Industries Ltd., MVV Energie AG, Ørsted A/S, Pacific BioEnergy and POET LLC.

Key Questions Answered in This Report:

  • 1. What was the size of the global bioenergy market in 2022?
  • 2. What is the expected growth rate of the global bioenergy market during 2023-2028?
  • 3. What are the key factors driving the global bioenergy market?
  • 4. What has been the impact of COVID-19 on the global bioenergy market?
  • 5. What is the breakup of the global bioenergy market based on the product type?
  • 6. What is the breakup of the global bioenergy market based on the feedstock?
  • 7. What is the breakup of the global bioenergy market based on the application?
  • 8. What are the key regions in the global bioenergy market?
  • 9. Who are the key players/companies in the global bioenergy market?
Product Code: SR1323A549_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Bioenergy Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product Type

  • 6.1 Solid Biomass
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Liquid Biofuel
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Biogas
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Feedstock

  • 7.1 Agricultural Waste
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Wood Waste
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Solid Waste
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Power Generation
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Heat Generation
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Transportation
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Others
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Archer-Daniels-Midland Company
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Babcock & Wilcox Enterprises Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
    • 14.3.3 Bunge limited
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 EnviTec Biogas AG
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Fortum Oyj
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Hitachi Zosen Corporation
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Mitsubishi Heavy Industries Ltd.
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 MVV Energie AG
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Ørsted A/S
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 Pacific BioEnergy
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 POET LLC
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
Product Code: SR1323A549_Report

List of Figures

  • Figure 1: Global: Bioenergy Market: Major Drivers and Challenges
  • Figure 2: Global: Bioenergy Market: Volume Trends (in GW), 2017-2022
  • Figure 3: Global: Bioenergy Market Forecast: Volume Trends (in GW), 2023-2028
  • Figure 4: Global: Bioenergy Market: Value Trends (in Billion US$), 2017-2022
  • Figure 5: Global: Bioenergy Market Forecast: Value Trends (in Billion US$), 2023-2028
  • Figure 6: Global: Bioenergy Market: Breakup by Product Type (in %), 2022
  • Figure 7: Global: Bioenergy Market: Breakup by Feedstock (in %), 2022
  • Figure 8: Global: Bioenergy Market: Breakup by Application (in %), 2022
  • Figure 9: Global: Bioenergy Market: Breakup by Region (in %), 2022
  • Figure 10: Global: Bioenergy (Solid Biomass) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Bioenergy (Solid Biomass) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Bioenergy (Liquid Biofuel) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Bioenergy (Liquid Biofuel) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Bioenergy (Biogas) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Bioenergy (Biogas) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Bioenergy (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Bioenergy (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Bioenergy (Agricultural Waste) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Bioenergy (Agricultural Waste) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Bioenergy (Wood Waste) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Bioenergy (Wood Waste) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Bioenergy (Solid Waste) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Bioenergy (Solid Waste) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Bioenergy (Other Feedstocks) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Bioenergy (Other Feedstocks) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Bioenergy (Power Generation) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Bioenergy (Power Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Bioenergy (Heat Generation) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Bioenergy (Heat Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Bioenergy (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Bioenergy (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Global: Bioenergy (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Global: Bioenergy (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: North America: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: North America: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: United States: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: United States: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Canada: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Canada: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: Asia-Pacific: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: Asia-Pacific: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: China: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: China: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Japan: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Japan: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: India: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: India: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: South Korea: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: South Korea: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Australia: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Australia: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: Indonesia: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: Indonesia: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: Others: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: Others: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Europe: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Europe: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Germany: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Germany: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: France: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: France: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: United Kingdom: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: United Kingdom: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Italy: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Italy: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Spain: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Spain: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Russia: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Russia: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Others: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Others: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Latin America: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Latin America: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Brazil: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Brazil: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Mexico: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Mexico: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Others: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Others: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 80: Middle East and Africa: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 81: Middle East and Africa: Bioenergy Market: Breakup by Country (in %), 2022
  • Figure 82: Middle East and Africa: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Global: Bioenergy Industry: SWOT Analysis
  • Figure 84: Global: Bioenergy Industry: Value Chain Analysis
  • Figure 85: Global: Bioenergy Industry: Porter's Five Forces Analysis 

List of Tables

  • Table 1: Global: Bioenergy Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Bioenergy Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
  • Table 3: Global: Bioenergy Market Forecast: Breakup by Feedstock (in Million US$), 2023-2028
  • Table 4: Global: Bioenergy Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 5: Global: Bioenergy Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Bioenergy Market: Competitive Structure
  • Table 7: Global: Bioenergy Market: Key Players
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