Canada Biogas Market Size & Outlook, 2023-2030
Canada biogas market, 2018-2030 (US$M)
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Canada biogas market highlights
- The Canada biogas market generated a revenue of USD 1,614.3 million in 2023 and is expected to reach USD 2,102.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, agriculture was the largest revenue generating source in 2023.
- Industrial is the most lucrative source segment registering the fastest growth during the forecast period.
Biogas market data book summary
| Market revenue in 2023 | USD 1,614.3 million |
| Market revenue in 2030 | USD 2,102.3 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Agriculture |
| Fastest growing segment | Industrial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Municipal, Industrial, Agriculture |
| Key market players worldwide | Viessmann, Air Liquide SA, Homebiogas, Xebec Adsorption, DMT Clear Gas Solutions, PlanET-Biogas, Biokraft International, TotalEnergies SE |
Other key industry trends
- In terms of revenue, Canada accounted for 2.5% of the global biogas market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biogas market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,102.3 million by 2030.
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Biogas Market Scope
Biogas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada biogas market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biogas market will help companies and investors design strategic landscapes.
Agriculture was the largest segment with a revenue share of 65.53% in 2023. Horizon Databook has segmented the Canada biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
Opportunities for growing farm-based biogas systems are developing such as the construction of biogas system in Ontario. The Farm-based biogas systems represent a noteworthy prospect for the agricultural sector to treat manure to decrease pathogens and odor while apprehending new value from byproducts and agrifood products.
In May 2023, The City of Calgary announced an investment worth USD 1 billion toward upgrading its water treatment plant. The new system will add a 4.6 megawatt gas turbine and a 0.6 megawatt steam turbine for power and heat generation.
Increasing adoption of biogas for power generation and heavy investments in biogas projects are expected to boost the Canadian market over the forecast period.
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Our clientele includes a mix of biogas market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada biogas market , including forecasts for subscribers. This country databook contains high-level insights into Canada biogas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada biogas market size, by source, 2018-2030 (US$M)
Canada Biogas Market Outlook Share, 2023 & 2030 (US$M)
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