The biogas market in Italy is expected to reach a projected revenue of US$ 3,293.2 million by 2030. A compound annual growth rate of 4.5% is expected of Italy biogas market from 2024 to 2030.
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.
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.
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 Outlook 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.
Italy Biogas Market Source Outlook (Revenue, USD Million , 2018-2030)
Municipal
Industrial
Agriculture
Italy Biogas Market Applications Outlook (Revenue, USD Million , 2018-2030)
Vehicle Fuel
Electricity
Heat
Upgraded Biogas
Cooking gas
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy Biogas Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Italy Biogas Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.