India Biogas Market Size & Outlook, 2023-2030
India biogas market, 2018-2030 (US$M)
Related Markets
India biogas market highlights
- The India biogas market generated a revenue of USD 4,946.8 million in 2023 and is expected to reach USD 8,138.3 million by 2030.
- The India market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, agriculture was the largest revenue generating source in 2023.
- Municipal is the most lucrative source segment registering the fastest growth during the forecast period.
Biogas market data book summary
| Market revenue in 2023 | USD 4,946.8 million |
| Market revenue in 2030 | USD 8,138.3 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Agriculture |
| Fastest growing segment | Municipal |
| 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, India accounted for 7.5% of the global biogas market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China biogas market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,138.3 million by 2030.
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Biogas Market Scope
Biogas Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 61.27% in 2023. Horizon Databook has segmented the India biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
Rising environmental concerns related to agro-industrial and manure waste management are contributing to the increased demand growing interest in using renewable sources of energy in India.
The government is establishing new policies to support the development of anaerobic digestion and renewable energy sources while creating more opportunities for anaerobic digestion, thus helping the Indian biogas market to expand further in the coming years.
To decrease the dependence on oil and gas imports and keep a check on pollution due to the burning of crop residues, the government of India issued over 515 letters of intent (LOI) to set up compressed biogas plants across various locations in the country, which is expected to fuel the growth of the biogas market in the country.
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Our clientele includes a mix of biogas market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India biogas market , including forecasts for subscribers. This country databook contains high-level insights into India biogas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India biogas market size, by source, 2018-2030 (US$M)
India Biogas Market Outlook Share, 2023 & 2030 (US$M)
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