North America Bioenergy Market Report and Forecast 2025-2034

North America Bioenergy Market Size

The North America bioenergy market reached around 12.60 GW in 2024. The market is projected to grow at a CAGR of 7.4% between 2025 and 2034, reaching almost 23.96 GW by 2034.

North America Bioenergy Market Outlook

• Wood is the third most important source of electricity for heating Canadian households, with an annual consumption of 80 petajoules.

• In 2020, Canada was ranked amongst the world’s top 15 countries for generating electricity from bioenergy.

• In 2021, Canada became the second largest international exporter of wooden pellets, constituting 11% of its global trade.

North America Bioenergy Market Growth

In 2022, Canada generated 9,127 GWh of electricity derived from biomass, which constituted 1.4% of its total electricity mix. In recent times, biomass has become an increasingly popular source of generating power within Canada’s remote rural communities and its commercial and industrial spaces. The pulping liquid and wood waste generated by Canada’s paper manufacturing industry makes it the largest consumer and user of bioenergy. British Colombia, Alberta, Ontario, Quebec, and New Brunswick are some of the key provinces which rely on biomass-based energy, due to the presence of forestry activities on a prominent scale. Currently, the fifth most important source of electricity generation in Canada is biomass.

In 2019,  the United States produced 92.7 exajoules of energy, 8% of which came from renewable energy sources like biomass (4.34 EJ precisely). Over the forecast period, liquid biofuels are expected to accelerate the growth of the market. This is because it is expected to facilitate the transition towards clean fuel usage in the transportation sector, which accounts for 28%  of the overall carbon emissions within the country. Moreover, it is expected to enhance the resilience of domestic power supply to unforeseen natural disasters and global supply chain disruptions. In 2022, the  United States produced 15.4 and 3.1 billion gallons of ethanol and combined biodiesel respectively.

North America Bioenergy Industry Segmentation

North America 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 Country

• United States of America

• Canada

North America Bioenergy Market Share

Based on type, the market is divided into solid biomass, biogas, and renewable waste, among others. Over the forecast period of 2025-2034, biogas is projected to grow at a CAGR of 8.3%, driven by its increasing use as an alternative to traditional fossil fuels. Its economic benefits and resilience against price commodity are also expected to drive the popularity of biogas in the coming years.

Leading Companies in the North America Bioenergy Market

Major market players are expected to incorporate bioenergy in their clean energy mix as the world gradually shifts towards sustainable sources of energy.

• TotalEnergies S.A.

• Enerkem Inc.

• 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

Key Highlights of the Report