U.S. Biogas Market: Trends, Growth, and Forecast from 2024 to 2030
The U.S. biogas market size was estimated at USD 6.08 billion in 2023 and is projected to grow at a CAGR of 2.7% from 2024 to 2030. The growing demand for the product in applications, such as cooking gas, electricity, vehicle fuel, heat, and others, is expected to have a positive impact on the industry growth over the forecast period. Adoption and innovation of new technologies to propel the production of raw materials used to generate biogas in the U.S. are expected to boost the overall growth of biogas market in the region over the forecast period. Other significant factors that are influencing the biogas market growth are favorable regulatory & political support, environmental support, customer support, geopolitical support, agricultural and economic support. The U.S. Department of Agriculture (USDA) and the Department of Energy (DOE) have detailed rules that enhance the use of biogas and addresses the U.S. renewable energy objectives....