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    Canada Biomass Market

    ID: MRFR/CnM/46663-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    Canada Biomass Market Research Report By Feedstock (Food Crop, Non-Food Crop, Wood, Agricultural Residue, Municipal Solid Waste (MSW), Microalgae, Others), By Technology (Combined Heat and Power (CHP), Anaerobic Digestion and Feedstockification, Co-Firing, Landfill Feedstock), By Product (Biodiesel, Biomethanol, BioFeedstock, Others) and By End Use (Industrial, Commercial, Residential) - Forecast to 2035

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    Canada Biomass Market Research Report - Forecast 2035 Infographic
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    Table of Contents

    Canada Biomass Market Summary

    The Canada Biomass market is projected to grow from 6.5 USD billion in 2024 to 12 USD billion by 2035.

    Key Market Trends & Highlights

    Canada Biomass Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 5.73 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 12 USD billion, indicating robust growth.
    • In 2024, the market is valued at 6.5 USD billion, reflecting a strong foundation for future expansion.
    • Growing adoption of renewable energy sources due to increasing environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 6.5 (USD Billion)
    2035 Market Size 12 (USD Billion)
    CAGR (2025-2035) 5.73%

    Major Players

    Resolute Forest Products, West Fraser Timber Co Ltd, Nexterra Systems Corp, Canfor Corporation, Canadian Biofuel Ltd, FortisBC Energy Inc, Sappi Lanaken, Interfor Corporation, Greenwood Resources, Drax Group, Alberta Biomass, Renewable Energy Group, NuScale Power, EACOM Timber Corporation

    Canada Biomass Market Trends

    The Canadian biomass market is experiencing a surge in opportunities, particularly in the production of advanced biofuels from municipal solid waste and agricultural residues. The conversion of organic waste into energy can facilitate waste management and contribute to energy production as urban areas generate increasing quantities of organic waste. Furthermore, the efficacy of biomass conversion processes is being enhanced by technological advancements, which are fostering the development of more sustainable energy systems. Recent developments in Canada suggest that the public and private sectors are increasingly collaborating to establish biomass infrastructure and supply chains.

    The biomass market is on the brink of playing a critical role in the realization of Canada's long-term sustainability objectives as the country continues to prioritize renewable energy initiatives.

    Canada Biomass Market Drivers

    Market Segment Insights

    Biomass Market Feedstock Insights

    The Feedstock segment of the Canada Biomass Market plays a crucial role in the country's efforts to develop sustainable energy solutions, showcasing diverse sources integral to renewable energy production and biofuel generation. The Canadian government has increasingly focused on biomass sources, particularly food crops, which provide essential materials for biofuels and contribute significantly to food security. Non-food crops also present vast opportunities, as they are primarily grown for energy production, enabling a large-scale transition to greener energy. Wood remains one of the predominant feedstock types, primarily due to Canada's extensive forestry resources, which ensure a steady supply of biomass energy.

    Agricultural residue, particularly from grain crops, offers a sustainable option by repurposing by-products that would otherwise be waste, addressing both environmental concerns and the need for energy. Municipal solid waste (MSW) stands out as a critical point of interest; the potential for conversion into energy from waste not only significantly reduces landfill use but also represents a step towards a circular economy. Further, microalgae hold promising prospects for biofuel production due to their rapid growth rates and high lipid content, making them an innovative source for future energy solutions.

    The diversity of feedstock options not only illustrates the versatility of the Canada Biomass Market but also highlights engaging trends toward sustainability and environmental responsibility. The abundance of raw materials available for biomass energy generation provides significant opportunities to fulfill increasing energy demands while mitigating greenhouse gas emissions. Ultimately, the Feedstock segment serves as a cornerstone within the broader Canada Biomass Market, reflecting the country's commitment to diversifying its renewable energy sources and paving the way toward a more sustainable future.

    The continuous exploration of various feedstock types ensures increased resilience and adaptability in the face of shifting energy landscapes while reinforcing Canada's position as a leader in the biomass industry.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Biomass Market Technology Insights

    The Technology segment of the Canada Biomass Market plays a crucial role in harnessing renewable energy sources. This segment includes processes such as Combined Heat and Power (CHP), which efficiently generates electricity and heat from biomass, thus optimizing energy use and reducing waste. Anaerobic Digestion and Feedstockification are integral technologies that convert organic materials into biogas and valuable bio-products, supporting waste management and offering cleaner energy alternatives. Co-firing is significant for its ability to reduce greenhouse gas emissions by integrating biomass with traditional fossil fuels in existing power plants, enhancing their sustainability.

    Landfill Feedstock utilizes waste materials to produce energy, contributing to resource recovery and environmental protection. The growing emphasis on clean energy technologies, government incentives, and environmental regulations in Canada are driving advancements and investments in these areas, making them vital for the future of renewable energy solutions. These technologies not only support Canada's commitment to reducing carbon footprint but also foster a circular economy by utilizing waste as a resource, leading to increased innovation within the Canada Biomass Market.

    Biomass Market Product Insights

    The Canada Biomass Market is gaining traction as a sustainable energy solution, particularly within the Product segment, which encompasses various forms of biomass such as Biodiesel, Biomethanol, BioFeedstock, and Others. Biodiesel is increasingly recognized for its potential to reduce greenhouse gas emissions and reliance on fossil fuels, making it a favored choice among environmental initiatives in Canada. Biomethanol serves as a critical alternative fuel, showing promise in addressing the nation’s energy needs while contributing to cleaner transportation solutions.

    BioFeedstock plays a vital role in providing raw materials for various bio-based chemicals and fuels, supporting the circular economy, and reducing waste dependency. Other products in this segment, including biogas and biochar, are also gaining attention for their versatile applications in energy production and soil enhancement. The adoption of these biomass products is significantly influenced by the government's commitment to reduce carbon footprints and promote renewable energy policies. Together, these focal points of the Canada Biomass Market segmentation will likely drive growth and innovation over the coming years.

    Biomass Market End-Use Insights

    The Canada Biomass Market is witnessing substantial growth across various end-use applications, significantly influencing the overall market dynamics. The industrial sector plays a crucial role, leveraging biomass as a sustainable energy source, particularly in manufacturing processes and power generation, thereby reducing reliance on fossil fuels. The commercial end-use segment is also gaining traction, driven by the increasing adoption of biomass in heating and cooking applications in various establishments, contributing to cleaner energy practices. Meanwhile, the residential segment remains vital as households increasingly integrate biomass-based heating solutions for cost-effectiveness and environmental benefits.

    The growing awareness around energy sustainability, coupled with supportive government initiatives aimed at promoting renewable energy sources, enhances the market's attractiveness. Furthermore, the shift towards reducing carbon footprints across different sectors presents significant opportunities for biomass applications, making it a prominent component of Canada's energy landscape. The overall growth in the Canada Biomass Market is defined by evolving consumer preferences and regulatory frameworks that favor sustainable energy alternatives, showcasing its essential role in the nation's transition to green energy.

    Get more detailed insights about Canada Biomass Market Research Report - Forecast 2035

    Regional Insights

    Key Players and Competitive Insights

    The Canada Biomass Market has become increasingly dynamic and competitive due to the rising emphasis on renewable energy and sustainable practices. This market encompasses a wide range of biomass sources, including wood pellets, agricultural residues, and other organic materials, which are converted into renewable energy. The drive towards reducing greenhouse gas emissions and the search for alternative energy sources are pivotal factors contributing to the growth of this market. As governments and industries prioritize sustainability, numerous players are vying for a share by innovating and optimizing their production processes while also focusing on distribution efficiencies.

    Thus, understanding the competitive landscape equips stakeholders with the necessary insights to navigate challenges and seize opportunities within this evolving sector. Resolute Forest Products has established a solid foothold in the Canada Biomass Market, primarily leveraging its extensive forestry operations and advanced manufacturing capabilities. Specializing in wood-based products, Resolute has effectively positioned itself as a key supplier of biomass fuels, particularly through the production of wood pellets. The company benefits from its vertically integrated business model, which ensures a consistent supply of raw materials while maintaining quality control throughout its production processes.

    Furthermore, Resolute’s commitment to sustainability and responsible forest management practices reinforces its competitive edge, allowing the company to align with market demands that prioritize eco-friendly solutions. Its strong operational framework and sustainable resource management practices amplify its presence, making it a formidable player in the Canadian biomass sector. West Fraser Timber Co. Ltd also plays a critical role in the Canada Biomass Market, being one of the leading suppliers of wood products that include wood pellets utilized for energy generation.

    The company’s vertical integration extends throughout its supply chain, from forest management to sawmill operations, allowing West Fraser to optimize efficiency and control quality. Its key offerings in biomass emphasize the production of renewable wood products, supporting a sustainable energy transition. The company’s presence in the Canadian biomass market is strengthened through strategic mergers and acquisitions, ensuring a diversified product portfolio that meets varying customer needs.

    Through its commitment to environmentally responsible practices, West Fraser Timber Co Ltd not only enhances its reputation but also solidifies its standing in the market as a dependable supplier responding to the growing demand for renewable energy sources.

    Key Companies in the Canada Biomass Market market include

    Industry Developments

    The Canada Biomass Market has seen a number of significant developments recently. Notably, Resolute Forest Products and West Fraser Timber Co Ltd have been pivotal players in driving innovation and sustainability in biomass utilization, catering to a growing demand for renewable energy. Moreover, notable current affairs reflect increased investment in biofuel technologies by Nexterra Systems Corp and renewable energy initiatives by FortisBC Energy Inc, both focusing on reducing greenhouse gas emissions. In recent updates, Canfor Corporation announced its plans for expansion, aiming to enhance its biomass product offerings, while Sappi Lanaken continues to explore partnerships that align with eco-friendly practices.

    Notably, the acquisition news in the sector has been focused on EACOM Timber Corporation, which has been active in mergers to strengthen its market position. The market has experienced fluctuations in valuation, heavily influenced by renewable energy policies and rising public interest in sustainable practices. Over the past years, significant milestones, like the formation of the Alberta Biomass Association in March 2022, have helped foster collaborative efforts among stakeholders to boost biomass allocation towards achieving Canada’s climate goals. The investments and policy changes reflect a larger trend toward transitioning to cleaner energy alternatives across the country.

    Market Segmentation

    Biomass Market End-Use Outlook

    • Industrial
    • Commercial
    • Residential

    Biomass Market Product Outlook

    • Biodiesel
    • Bio-methanol
    • BioFeedstock
    • Others

    Biomass Market Feedstock Outlook

    • Food Crop
    • Non-Food Crop
    • Wood
    • Agricultural Residue
    • Municipal Solid Waste (MSW)
    • Microalgae
    • Others

    Biomass Market Technology Outlook

    • Combined Heat and Power (CHP)
    • Anaerobic Digestion and Feedstockification
    • Co-Firing
    • Landfill Feedstock

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 5.89(USD Billion)
    Market Size 2024 6.5(USD Billion)
    Market Size 2035 12.0(USD Billion)
    Compound Annual Growth Rate (CAGR) 5.732% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Resolute Forest Products, West Fraser Timber Co Ltd, Nexterra Systems Corp, Canfor Corporation, Canadian Biofuel Ltd, FortisBC Energy Inc, Sappi Lanaken, Interfor Corporation, Greenwood Resources, Drax Group, Alberta Biomass, Renewable Energy Group, NuScale Power, EACOM Timber Corporation
    Segments Covered Feedstock, Technology, Product, End Use
    Key Market Opportunities Increased government incentives, Growing renewable energy demand, Waste-to-energy conversions, Expansion of biofuel production, Technological advancements in biomass processing
    Key Market Dynamics regulatory support, sustainable resource availability, technological advancements, increasing energy demand, environmental concerns
    Countries Covered Canada

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What is the projected market size of the Canada Biomass Market in 2024?

    The Canada Biomass Market is expected to be valued at 6.5 USD Billion in 2024.

    What is the estimated market size for the Canada Biomass Market by 2035?

    By 2035, the Canada Biomass Market is projected to reach a value of 12.0 USD Billion.

    What is the expected CAGR for the Canada Biomass Market from 2025 to 2035?

    The expected CAGR for the Canada Biomass Market from 2025 to 2035 is 5.732%.

    Which feedstock segment holds the largest market share in Canada Biomass Market for 2024?

    The Wood segment is expected to hold the largest market share, valued at 2.0 USD Billion in 2024.

    What is the market size for the Food Crop segment within the Canada Biomass Market in 2024?

    The Food Crop segment is valued at 1.5 USD Billion in the Canada Biomass Market in 2024.

    What are the key players in the Canada Biomass Market?

    Key players in the Canada Biomass Market include Resolute Forest Products, West Fraser Timber Co Ltd, and Canfor Corporation.

    How much is the Agricultural Residue segment expected to be valued by 2035?

    The Agricultural Residue segment is expected to be valued at 1.8 USD Billion by 2035.

    What opportunities exist in the Canada Biomass Market from 2025 to 2035?

    Opportunities in the Canada Biomass Market include increasing demand for renewable energy and sustainable practices.

    What challenges might affect the growth rate of the Canada Biomass Market?

    Challenges that might affect growth include competition with fossil fuels and regulatory hurdles.

    What is the projected market value of Municipal Solid Waste (MSW) by 2035?

    The Municipal Solid Waste (MSW) segment is projected to be valued at 1.8 USD Billion by 2035.

    1. 'TABLE OF CONTENTS
    2. EXECUTIVE SUMMARY
    3. Market Overview
      1. Key Findings
      2. Market Segmentation
    4. Competitive Landscape
      1. Challenges and Opportunities
      2. Future Outlook
    5. MARKET INTRODUCTION
      1. Definition
      2. Scope of the study
        1. Research Objective
        2. Assumption
        3. Limitations
    6. RESEARCH METHODOLOGY
      1. Overview
    7. Data Mining
      1. Secondary Research
      2. Primary Research
    8. Primary Interviews and Information Gathering Process
      1. Breakdown of Primary
    9. Respondents
      1. Forecasting Model
      2. Market Size Estimation
    10. Bottom-Up Approach
      1. Top-Down Approach
      2. Data Triangulation
      3. Validation
    11. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    12. MARKET FACTOR ANALYSIS
      1. Value chain Analysis
      2. Porter''s Five Forces
    13. Analysis
      1. Bargaining Power of Suppliers
        1. Bargaining Power
    14. of Buyers
      1. Threat of New Entrants
        1. Threat of Substitutes
        2. Intensity of Rivalry
      2. COVID-19 Impact Analysis
    15. Market Impact Analysis
      1. Regional Impact
        1. Opportunity and
    16. Threat Analysis
    17. CANADA BIOMASS MARKET, BY FEEDSTOCK (USD
    18. BILLION)
      1. Food Crop
      2. Non-Food Crop
      3. Wood
    19. Agricultural Residue
      1. Municipal Solid Waste (MSW)
      2. Microalgae
      3. Others
    20. CANADA BIOMASS MARKET, BY TECHNOLOGY (USD BILLION)
      1. Combined Heat and Power (CHP)
      2. Anaerobic Digestion and Feedstockification
      3. Co-Firing
      4. Landfill Feedstock
    21. CANADA BIOMASS MARKET,
    22. BY PRODUCT (USD BILLION)
      1. Biodiesel
      2. Biomethanol
    23. BioFeedstock
      1. Others
    24. CANADA BIOMASS MARKET, BY END USE (USD BILLION)
      1. Industrial
      2. Commercial
      3. Residential
    25. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
      3. Market share Analysis
      4. Major Growth Strategy in the Biomass
    26. Market
      1. Competitive Benchmarking
      2. Leading Players in Terms
    27. of Number of Developments in the Biomass Market
      1. Key developments and
    28. growth strategies
      1. New Product Launch/Service Deployment
    29. Merger & Acquisitions
      1. Joint Ventures
      2. Major Players
    30. Financial Matrix
      1. Sales and Operating Income
        1. Major Players
    31. R&D Expenditure. 2023
    32. COMPANY PROFILES
      1. Resolute Forest
    33. Products
      1. Financial Overview
        1. Products Offered
    34. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    35. West Fraser Timber Co Ltd
      1. Financial Overview
        1. Products
    36. Offered
      1. Key Developments
        1. SWOT Analysis
    37. Key Strategies
      1. Nexterra Systems Corp
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    38. Analysis
      1. Key Strategies
      2. Canfor Corporation
    39. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Canadian Biofuel
    40. Ltd
      1. Financial Overview
        1. Products Offered
    41. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    42. FortisBC Energy Inc
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Sappi Lanaken
        1. Financial Overview
        2. Products
    43. Offered
      1. Key Developments
        1. SWOT Analysis
    44. Key Strategies
      1. Interfor Corporation
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    45. Analysis
      1. Key Strategies
      2. Greenwood Resources
    46. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Drax Group
        1. Financial Overview
        2. Products Offered
    47. Key Developments
      1. SWOT Analysis
        1. Key Strategies
      2. Alberta Biomass
        1. Financial Overview
        2. Products
    48. Offered
      1. Key Developments
        1. SWOT Analysis
    49. Key Strategies
      1. Renewable Energy Group
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    50. Analysis
      1. Key Strategies
      2. NuScale Power
    51. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. EACOM Timber
    52. Corporation
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
    53. APPENDIX
      1. References
      2. Related Reports
    54. LIST
    55. OF TABLES
    56. MARKET SIZE ESTIMATES & FORECAST, BY FEEDSTOCK, 2019-2035 (USD BILLIONS)
    57. (USD BILLIONS)
    58. BY PRODUCT, 2019-2035 (USD BILLIONS)
    59. & FORECAST, BY END USE, 2019-2035 (USD BILLIONS)
    60. DEVELOPMENT/APPROVAL
    61. ANALYSIS BY FEEDSTOCK
    62. BIOMASS MARKET ANALYSIS BY END USE
    63. MARKET
    64. BIOMASS MARKET
    65. RESTRAINTS IMPACT ANALYSIS: BIOMASS MARKET
    66. BIOMASS MARKET
    67. BIOMASS MARKET, BY TECHNOLOGY, 2025 (% SHARE)
    68. BY TECHNOLOGY, 2019 TO 2035 (USD Billions)
    69. (% SHARE)
    70. MARKET, BY END USE, 2019 TO 2035 (USD Billions)
    71. MAJOR COMPETITORS'

    Canada Biomass Market Segmentation

     

     

     

    • Biomass Market By Feedstock (USD Billion, 2019-2035)

      • Food Crop

      • Non-Food Crop

      • Wood

      • Agricultural Residue

      • Municipal Solid Waste (MSW)

      • Microalgae

      • Others

    • Biomass Market By Technology (USD Billion, 2019-2035)

      • Combined Heat and Power (CHP)

      • Anaerobic Digestion and Feedstockification

      • Co-Firing

      • Landfill Feedstock

    • Biomass Market By Product (USD Billion, 2019-2035)

      • Biodiesel

      • Biomethanol

      • BioFeedstock

      • Others

    • Biomass Market By End Use (USD Billion, 2019-2035)

      • Industrial

      • Commercial

      • Residential

     

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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