Rising demand of electric power sector and to reduce dependency of fossil fuels, is expected to drive market expansion in the near futureat a CAGR of 4.70% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Biogas Market”.

The Biogas market is estimated to register a CAGR of 4.70% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Biogas market—Agrinz Technologies GmbH, Air Liquide, DMT International, Gasum Oy, HomeBiogas Inc, PlanET Biogas, Scandinavian Biogas Fuels International AB, Schmack Biogas Service, Total, Xebec Adsorption Inc..

Biogas Market Highlights

The global Biogas market is accounted to register a CAGR of4.70% during the forecast period and is estimated to reach USD 94.19 billion by 2032.

As more people move from rural to urban regions, there is a sharp rise in the demand for energy in metropolitan areas. High demand for enhanced biogas also drives up market growth. One of the main worldwide issues is the depletion of conventional fossil fuels and environmental damage. High startup and operating costs for plants could impede market expansion. The factory needs acres of land. Additionally, engineering costs and labor costs are expensive for raw materials.

Segment Analysis

The global Biogas market has been segmented based on source and application.

On the basis of source, the market is segmented into Municipal, Industrial and Agricultural. The municipal segment was attributed to holding the largest market share in 2022. Due to the growing usage of municipal solid waste, thatreduce landfills and greenhouse emissions.

Based on application, the global Biogas market has been segmented into Vehicle Fuel, Electricity, Heat, Upgraded Biogas and Cooking Gas. The electricity segment was expected to hold the largest market share in 2022. Because of enhances living standards and electrification of transportation.

Regional Analysis

The global Biogas market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The European biogasmarket comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Biogas market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Biogas market comprises of Middle East, Africa, and Latin America.

The largest market share for Biogas was maintained by the North American regional sector.the increasing demand for the product in applications such as cooking gas, electricity, car fuel, heat, and others. important elements promoting market expansion in the area.Dependence on conventional fuels and the achievement of the goal of zero carbon emissions are important variables driving market growth, together with favorable regulatory & political support and environmental support. Over the course of the projection period, the industry growth is anticipated to be positively impacted.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Biogasis driven by increasing investments in the region's refinery industry,companies across Europe are investing huge capital in research and development of biogas production from existing sources and planning to increase the share. This fuels the market growth of biogas across the region.

Additionally, the Asia Pacific market is anticipated to acquire significant momentum during the forecast period as a result of developing economies establishing strict rules to reduce their carbon footprint. Many people are embracing the Paris Agreement more and more in an effort to use renewable energy sources.  Government and business organizations are supporting biogas more and more. The Swachh Bharat Mission, the Prime Minister's flagship program, processed garbage.

Furthermore, the rest of the world's Biogasmarket is divided into the Middle East, Africa, and Latin America. This Growing espousal of the Paris Agreement by many to increase Translate usage of renewable. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global biogas market is expected to reach USD 94.19 billion by 2032, at a CAGR of 4.70% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the developing economies establishing strict rules to reduce their carbon footprint by government bodies through policies and initiatives


• Based on electricity, the electricity segment was expected to hold the largest market share in 2022.


• Agrinz Technologies GmbH, Air Liquide, DMT International, Gasum Oy, HomeBiogas Inc, PlanET Biogas, Scandinavian Biogas Fuels International AB, Schmack Biogas Service, Total, Xebec Adsorption Inc.