South Africa Biogas Market Size & Outlook, 2023-2030
The biogas market in South Africa is expected to reach a projected revenue of US$ 1,250.6 million by 2030. A compound annual growth rate of 5.5% is expected of South Africa biogas market from 2024 to 2030.
The South Africa biogas market generated a revenue of USD 857.3 million in 2023 and is expected to reach USD 1,250.6 million by 2030.
The South Africa market is expected to grow at a CAGR of 5.5% 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 857.3 million
Market revenue in 2030
USD 1,250.6 million
Growth rate
5.5% (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, South Africa accounted for 1.3% of the global biogas market in 2023.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, UAE biogas market is projected to lead the regional market in terms of revenue in 2030.
South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,250.6 million by 2030.
South Africa's biogas market is expected to provide ample opportunities for the market on account of ongoing concerns towards GHG emission levels in the country. The country is focusing on developing its biogas market to limit carbon emissions in the country.
For instance, in June 2019 South African government introduced a carbon tax that will boost investments for low carbon alternatives, ensuring zero waste to the land-fill and a decrease in GHG emissions in the country.
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 42.17% in 2023.
Horizon Databook has segmented the South Africa biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa's biogas market is expected to provide ample opportunities for the market on account of ongoing concerns towards GHG emission levels in the country. The country is focusing on developing its biogas market to limit carbon emissions in the country.
For instance, in June 2019 South African government introduced a carbon tax that will boost investments for low carbon alternatives, ensuring zero waste to the land-fill and a decrease in GHG emissions in the country.
South Africa Biogas Market Source Outlook (Revenue, USD Million , 2018-2030)
Municipal
Industrial
Agriculture
South Africa 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 South Africa Biogas Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Biogas Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.