Press release
Global Biomethane Market Projected to Surpass $5.11 Billion by 2029 with 5.9% Annual Growth
What market dynamics are playing a key role in accelerating the growth of the biomethane market?The escalating inclination towards eco-friendly and sustainable energy sources is projected to amplify the expansion of the biomethane market in the future. These clean and green fuels are energy forms demonstrating considerable environmental friendliness and sustainability, producing minimal pollutants or greenhouse gases during the processes of creation and utilization. The appeal for these fuels is growing due to their nature as a green and sustainable alternative to traditional fossil fuels. Biomethane is recognized as an eco-friendly energy source that aligns with environmental preservation, economic growth, and societal health. As an example, in June 2023, the Energy Information Administration (EIA), a government agency from the United States, reported that nonfossil fuel energy sources made up 21% of U.S. energy consumption in 2022, indicative of a 3% increase from the prior year. This elevation was instigated by a substantial input from renewable and nuclear sources of nonfossil fuel, collectively responsible for 21% of the nation's energy consumption in 2022. Consequently, the growing partiality for clean and green fuel forms is triggering the expansion of the biomethane market.
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(Organic household waste, Animal manure, Energy crops, Agricultural waste, Sewage sludge, Industrial food processing waste, Other Feedstocks), By Production Method (Anaerobic Digestion, Gasification, Fermentation, Other Production Methods), By End User (Automotive, Power Generation, Industrial, Other End Users) - Market Size, Trends, And Global Forecast 2025-2034
How will the growth rate of the biomethane market shape industry trends by 2034?
There has been a robust growth in the biomethane market size over the recent years. This market, valued at $3.79 billion in 2024, is projected to rise to $4.06 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.2%. The historic escalation can be credited to a rise in renewable energy goals, enhanced waste management strategies, improved energy security, escalating initiatives for a circular economy, amplified efforts towards decarbonization, infrastructure development surge, as well as expanding market demand and acceptance.
In the coming years, the biomethane market is projected to experience robust growth, with its value estimated to reach $5.11 billion in 2029, expanding at a compound annual growth rate (CAGR) of 5.9%. This growth during the forecast period can be credited to factors such as escalating environmental policy ambitions, expanding mandates for green gas, enhancement of circular bioeconomy strategies, improvement in urban air quality, expansion of the biofuel market, and growing demand for sustainability certification and traceability. The forecast period will also see trends such as increasing preference for renewable fuel substitutes, growth of biogas upgradation infrastructure, the adoption of it as a clean transportation fuel, integration with organic waste management processes, establishment of sustainable supply chains, growth in biomethane injection, collaborations between government and industry players, innovations in the production technologies, and the adoption of certification programs.
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What new trends are reshaping the biomethane market and its opportunities?
Focusing on creating new biomethane production facilities, major companies in the biomethane market are working to optimize their profits in the area. These facilities, created to generate biomethane, a renewable substitute for natural gas made from organic materials, use mechanisms such as anaerobic digestion or other biological methods. CycleØ Group Limited, an enterprise based in the UK that specializes in biomethane production, marked a notable example in September 2023 by initiating their first biomethane plant with ammonia stripping capabilities in Spain. It will transform manure into eco-friendly ammonium nitrate and sulfate, which is usable as fertilizer. The plant boasts a peak production capacity of 15,000 MWh annually. In Spain, it serves as CycleØ's second operational plant and stands out as the company's inaugural totally self-developed, owned, constructed, and managed facility. The establishment of this plant pledges to lower nitrate contamination and emissions within its local farm.
Which primary segments of the biomethane market are driving growth and industry transformations?
The biomethane market covered in this report is segmented -
1) By Feedstock: Organic Household Waste, Animal Manure, Energy Crops, Agricultural Waste, Sewage Sludge, Industrial Food Processing Waste, Other Feedstocks
2) By Production Method: Anaerobic Digestion, Gasification, Fermentation, Other Production Methods
3) By End User: Automotive, Power Generation, Industrial, Other End Users
Subsegments:
1) By Organic Household Waste: Kitchen Waste, Garden Waste, Organic Household Refuse
2) By Animal Manure: Cattle Manure, Poultry Manure, Pig Manure, Other Livestock Manure
3) By Energy Crops: Maize Silage, Grass Silage, Sorghum, Other Energy Crops
4) By Agricultural Waste: Crop Residues (Straw, Husks), Fruit And Vegetable Waste, Agricultural Byproducts
5) By Sewage Sludge: Primary Sludge, Secondary Sludge, Tertiary Sludge
6) By Industrial Food Processing Waste: Food Processing Residues (Fruit And Vegetable Peels), Dairy Waste, Beverage Industry Waste, Other Food Processing Byproducts
7) By Other Feedstocks: Green Waste, Wood Waste, Algae, Other Organic Waste
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Which geographical regions are pioneering growth in the biomethane market?
Europe was the largest region in the biomethane market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the biomethane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the biomethane market landscape?
Major companies operating in the biomethane market are E.ON SE, Air Liquide S.A, The Southern California Gas Company, VERBIO SE, Société Générale de Surveillance, Veolia Group, Envitec Biogas AG, Orbital Gas Systems, Future Biogas Ltd., Green Gas International, ETW Energietechnik GmbH, Biokraft International AB, Gasrec Ltd., PlanET Biogas Global GmbH, CNG Services Ltd., Biogas Products Ltd., Nature Energy, Landwärme GmbH, AB HOLDING SPA, ENVO Group, Cryon Purr, Schmack Carbotech GmbH
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What Is Covered In The Biomethane Global Market Report?
• Market Size Forecast: Examine the biomethane market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the biomethane market for a structured understanding.
• Key Players Overview: Analyze major players in the biomethane market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the biomethane market.
• Segment Contributions: Evaluate how different segments drive overall growth in the biomethane market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the biomethane market.
• Industry Challenges: Identify potential risks and obstacles affecting the biomethane market.
• Competitive Landscape: Review strategic developments in the biomethane market, including expansions, agreements, and new product launches.
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