Exploring the Key Drivers of Bioenergy Market Expansion

The bioenergy market size was valued at $102.5 billion in 2020, and is projected to reach $217.8 billion by 2030, growing at a CAGR of 7.6% from 2021 to 2030. Bioenergy refers to energy derived from biomass, which is organic matter derived from living or recently living organisms. This renewable energy source harnesses the energy …

Bioenergy Market Estimated to Hit $217.8 Billion by 2030

The bioenergy market size was valued at $102.5 billion in 2020, and is projected to reach $217.8 billion by 2030, growing at a CAGR of 7.6% from 2021 to 2030. Bioenergy is the form of energy generated by using bio-based sources such as agricultural waste, solid waste, animal manure & human sewage, biomass, and others. …