United States Bioenergy Market Report and Forecast 2025-2034

The United States bioenergy market reached around 12.60 Gigawatt in 2024. The market is projected to grow at a CAGR of 7.70% between 2025 and 2034, reaching almost 26.46 Gigawatt by 2034.

United States Bioenergy Market Growth

In 2022, the production and consumption of biofuels in the United States was 18.7 billion and 17.6 billion gallons, respectively. While ethanol constituted the largest share in production (82%) and consumption (75%) of biofuels, biodiesel and renewable diesel accounted for 17% of production and 18% of consumption, respectively. The United States is investing heavily in the development and commercialisation of other emerging biofuels, such as renewable heating oil, sustainable aviation fuel, renewable gasoline, and renewable naphtha, which is expected to drive the market growth over the forecast period.

Biofuel production and consumption in the United States has grown substantially since the introduction of the California government's Low Carbon Fuel Standard and the Renewable Fuel Standard Program by the federal government. The United States provides a tax credit of $1.00 per gallon to companies producing/blending biofuels. Washington and Oregon also have separate clean fuel programs, which are expected to accelerate to the adoption of biofuels in the United States, thereby driving market growth.

E-85 is a high-level fuel which comprises ethanol (51%-83%) and gasoline. It has the potential to reduce the United States' greenhouse gas emissions substantially by accelerating the decarbonisation of the transportation sector. E-85 is suitable for usage in flex fuel vehicles, and its fuelling stations enjoy a widespread network in the Midwest region.

United States Bioenergy Industry Segmentation

United States Bioenergy Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Solid Biomass
• Biogas
• Renewable Waste
• Others

Market Breakup by Technology

• Gasification
• Fast Pyrolysis
• Fermentation
• Others

Market Breakup by Region

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

United States Bioenergy Market Share

Based on region, the market is divided into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. Over the forecast period, Rocky Mountain is projected to grow at a CAGR of 9.1% between 2025 and 2034 due to the presence of abundant biomass resources and rapid technological advancements.

Leading Companies in the United States Bioenergy Market

Major market players are expected to bolster their existing capacities for generating bioenergy to accelerate the transition towards clean energy and facilitate the achievement of net zero goals by the government.

• TotalEnergies S.A.
• Fulcrum BioEnergy, Inc.
• Novonesis
• Green Plains Inc.
• Enviva Inc.
• EnviTec Biogas AG
• Drax Group plc
• Ameresco, Inc.
• Archer Daniels Midland Company
• Babcock & Wilcox Enterprises, Inc.
• Others