Bioenergy Market Growth, Demand and Challenges of the Key Industry Players 2023-2028
                     Global Bioenergy 
Market Research and 
Forecast Report 2023-
2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Accord ing  t o  t he  la tes t  r epor t  by  IMARC Group ,  t i t l ed  "Bioenergy  Market :  G l oba l  
Indust ry  T rends ,  Share ,  S ize ,  G rowth ,  Opportun i ty  and  Forecast  2023-
2028, "  t he  g loba l  b ioenergy  marke t  s i ze  reached 144 .4  GW in  2022.
B ioenergy  i s  a  t ype  o f  renewab le  ene rgy  tha t  i s  p roduced  by  t he  bu rn ing  o f  
Report b iomass  fue l .  I t  i nc l udes  the  bu rn ing  o f  o rgan ic  subs t ances ,  inc lud ing  o rgan ic  
was te ,  ha rves t  res idues  and c rops .  I t  i s  w ide ly  used  to  mee t  t he  demand fo r  
Highlight and energy  in  o rder  t o  genera t e  e lec t r i c i t y ,  t ranspor ta t i on  and hea t .  Add i t i ona l l y ,  i t s  p roduc t ion  con t r ibu t es  to  a  sus t a inab le ,  secure  and  economica l l y  
sound  f u tu re  by  supp ly ing  c l ean  energy  sou rces  and  rev i t a l i z ing  ru ra l  economies .  
Description As a  resu l t ,  i t  i s  ga in ing  w idespread  p rominence  ac ross  t he  g lobe  due  to  i t s  
benef i t s  o f  m in im iz ing  ca rbon  foo t p r in t ,  enhanc ing  a i r  qua l i t y ,  o f f e r ing  be t te r  
ene rgy  re l iab i l i t y  and  he lp ing  reduce land f i l l s  wh i le  improv ing  b iodegradab i l i t y .
Request  fo r  a  PDF sample  o f  th is  repor t :  
ht tps : / / www. imarcgroup .com/b ioenergy -marke t / r eques tsamp le
Report Description
G lo b a l  B i o e n e r g y  M a r k e t  T r e n d s :
T h e  g l o b a l  m a r k e t  i s  p r i m a r i l y  d r i v e n  b y  a n  e n h a n c e d  f o c u s  o n  s u s ta i n a b l e  d e v e l o p m e n t .  A l o n g  w i t h  t h i s ,  n u m e r o u s  i n i t i a t i v e s  
u n d e r t a k e n  b y  t h e  g o v e r n m e n t s  o f  s e v e r a l  c o u n t r i e s  t o  p r o m o t e  t h e  u p t a k e  o f  c l e a n  r e s o u r c e s  a r e  c r e a t i n g  a  p o s i t i v e  m a r k e t  
o u t l o o k .  I n  l i n e  w i t h  t h i s ,  t h e  g r o w i n g  i n v e s tm e n t s  b y  p u b l i c  a n d  p r i v a t e  a g e n c i e s  i n  t h e  d e v e l o p m e n t  o f  r e n e w a b l e  e n e r g y  
g e n e r a t i o n  p r o j e c t s  a r e  p r o v i d i n g  a  b o o s t  t o  t h e  m a r k e t .  M o r e o v e r ,  t h e  e s c a l a t i n g  u s a g e  o f  b i o f u e l s  i n  v e h i c l e s  i s ,  i n  t u r n ,  
c a t a l y z i n g  t h e  g r o w t h  o f  t h e  m a r k e t .  T h e  m a r k e t  i s  f u r t h e r  d r i v e n  b y  t h e  i n c r e a s i n g  p a r t n e r s h i p  a n d  a c q u i s i t i o n  a c t i v i t i e s  b e tw e e n  
l e a d i n g  p l a y e r s  i n  a n  a t t e m p t  t o  s t r e n g th e n  t h e i r  m a r k e t  p o s i t i o n .  
F u r t h e r m o r e ,  c o n t i n u a l  t e c h n o l o g i c a l  a d v a n c e m e n ts ,  s u c h  a s  t h e  i n t e g r a t i o n  o f  m a c h i n e  l e a r n i n g  ( M L )  a n d  a r t i f i c i a l  i n t e l l i g e n c e  
( A I )  w i t h  c o n n e c t e d  d e v i c e s  f o r  b a l a n c i n g  e l e c t r i c i t y  s u p p l y  a n d  o p t i m i z i n g  e n e r g y  u s a g e ,  a r e  i m p a c t i n g  t h e  m a r k e t  g r o w th  
f a v o r a b l y .  O th e r  f a c to r s ,  i n c l u d i n g  r a p i d  u r b a n i z a t i o n  a n d  i n d u s t r i a l i z a t i o n ,  t h e  g r o w i n g  i n i t i a t i v e s  t o w a r d s  s m a r t  c i t y  
d e v e l o p m e n t ,  a n d  e x t e n s i v e  r e s e a r c h  a n d  d e v e l o p m e n t  ( R & D )  a c t i v i t i e s  c o n d u c te d  b y  k e y  p l a y e r s ,  a r e  a l s o  p o s i t i v e l y  i n f l u e n c i n g  
t h e  m a r k e t .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c i p a t e d  t o  r e a c h  a  v o l u m e  o f  2 2 8 . 1  G W  b y  2 0 2 8 ,  e x h i b i t i n g  a  C A G R  o f  7 . 7 5 %  d u r in g  2 0 2 3 -
2 0 2 8 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / b i o e n e r g y - m a r k e t
Breakup by Product Type:
• Sol id Biomass
• Liquid Biofuel
• Biogas
• Others
 
Report Breakup by Feedstock:
• Agricultural  Waste
Segmentation
• Wood Waste
• Sol id Waste
• Others
Breakup by Application:
• Power Generat ion
• Heat Generat ion
• Transportation
• Others
Breakup by Region:
• North America
Report • Asia-Pacifi c
• Europe
Segmentation • Latin America
• Middle East and Afr ica
• Archer-Daniels-Midland Company
• Babcock & Wilcox Enterprises Inc.
• Bunge l imited
Competitive • EnviTec Biogas AG
Landscape • Fortum Oyj
• Hitachi  Zosen Corporation
with Key • Mitsubishi  Heavy Industries Ltd.
Players • MVV Energie AG
• Ørsted A/S
• Pacifi c BioEnergy
• POET LLC
What was the size of the global bioenergy market in 
2022?
What is the expected growth rate of the global 
bioenergy market during 2023-2028?
What are the key factors driving the global bioenergy 
market?
Key 
What has been the impact of COVID-19 on the global 
Questions bioenergy market?
Answered in What is the breakup of the global bioenergy market based on the product type?
the Report What is the breakup of the global bioenergy market based on the feedstock?
What is the breakup of the global bioenergy market 
based on the application?
What are the key regions in the global bioenergy 
market?
Who are the key players/companies in the global 
bioenergy market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  B i o e n e r g y  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     S o l i d  B i o m a s s
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     L i q u i d  B i o f u e l
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     B i o g a s
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     O t h e r s
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
7     M a r k e t  B r e a k u p  b y  F e e d s t o c k
    7 . 1     A g r i c u l t u r a l  W a s t e
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     W o o d  W a s t e
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
Table of     7 . 3     S o l i d  W a s t e        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     O t h e r s
Contents         7 . 4 . 1  M a r k e t  T r e n d s        7 . 4 . 2  M a r k e t  F o r e c a s t
8     M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    8 . 1     P o w e r  G e n e r a t i o n
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     H e a t  G e n e r a t i o n
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3     T r a n s p o r t a t i o n
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
    8 . 4     O t h e r s
        8 . 4 . 1  M a r k e t  T r e n d s
        8 . 4 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / b i o en e rg y - m a r ke t / t o c
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