Italy Biogas Market Size & Outlook, 2023-2030
Italy biogas market, 2018-2030 (US$M)
Related Markets
Italy biogas market highlights
- The Italy biogas market generated a revenue of USD 2,419.9 million in 2023 and is expected to reach USD 3,293.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.5% 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 2,419.9 million |
| Market revenue in 2030 | USD 3,293.2 million |
| Growth rate | 4.5% (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, Italy accounted for 3.7% of the global biogas market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK biogas market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 3,293.2 million by 2030.
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Biogas Market Scope
Biogas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 67.72% in 2023. Horizon Databook has segmented the Italy biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
The biogas market in the country is driven by the efforts of the government to move toward decarbonization. For instance, in 2017, the government of Italy launched the Italian National Energy Strategy (SEN), a 10-year plan, which has laid the foundation for the adoption of various advanced and innovative energy models for the country.
Government efforts have resulted in vendors collaborating and aiding the country to reach its aforementioned targets. For instance, in July 2020, BTS Biogas Srl, a major player in the biogas sector signed a memorandum of understanding (MOU) with Engie, a major independent energy producer.
Under the agreement, both companies will share their experience and resources to enhance decarbonization efforts in Italy and expand renewable energy projects in the European region. This is expected to boost the growth of the biogas market in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy biogas market , including forecasts for subscribers. This country databook contains high-level insights into Italy biogas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy biogas market size, by source, 2018-2030 (US$M)
Italy Biogas Market Outlook Share, 2023 & 2030 (US$M)
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