Global Biomass Power Generation Market Reaches $120.5 Billion in 2025, Growing at a 5.2% CAGR

Global biomass power generation market was valued at $120.5 billion in 2025 and is growing at a CAGR of 5.2% during the forecast period (2026-2035). Government support and funding through financial incentives and pilot projects for biomass-based green hydrogen and renewable energy initiatives promote technology deployment and stimulate market growth. For instance, in January 2026, the Biotechnology Industry Research Assistance Council (BIRAC), under India’s Department of Biotechnology, has issued a Call for Proposals (CfP) under the National Green Hydrogen Mission inviting submissions for pilot?scale projects that produce green hydrogen using biomass and other innovative technologies such as wastewater or floating solar, with applications accepted online between 26?December?2025 and 27?January?2026; the initiative aims to support demonstration projects using technologies at TRL?5–6, with a total MNRE outlay of 11.1 million and funding up to INR?25?crore per project, prioritising proposals with identified hydrogen offtakers and clear utilisation plans, and restricting support to equipment and retrofitting costs while excluding costs like land, construction, and manpower, with pilot plants to be commissioned within 12?months and demonstrated over six months, and evaluated on innovation, feasibility, scalability, cost, and hydrogen capacity to help inform future policy and deployment of alternative green hydrogen pathways in India.

Browse the full report description of “Biomass Power Generation Market Size, Share & Trends Analysis by Feedstock (Solid Biofuel, Liquid Biofuel, and Biogas), By Technology (Gasification, Anaerobic Digestion, and Combustion), By End-User (Household, Industrial Sector, Government Sector, Others), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/biomass-power-generation-market

Key Innovators Driving Biomass Power Generation Transformation

The key players in the Biomass Power Generation market include Babcock & Wilcox Enterprises, Inc., ENGIE, EPH (Energetický a prmyslový holding), Ørsted A/S, Xcel Energy Inc., among others. These companies are driving innovation in digital health solutions, including telemedicine, electronic health records, remote patient monitoring, and AI-powered clinical tools, thereby shaping the future of healthcare delivery globally.

• In January 2026, India initiated a significant biomass-to-hydrogen funding programme, providing 11.1 million under the National Green Hydrogen Mission. This fund aims to support organizations developing green hydrogen from biomass and other alternative feedstocks through pilot-scale demonstration projects nationwide.
• In December 2025, India had increased its biomass capacity by 2,361 MW, added 228 MWe of waste-to-energy facilities, and established 288,000 biogas plants over the past decade. The Ministry of New and Renewable Energy supports these initiatives through the National Bioenergy Programme (NBP), Phase-I, which holds a budget of Rs. 998 Crore for 2022-2025. Various government schemes have facilitated this growth, including the National Biogas and Manure Management Programme and initiatives for biomass power and cogeneration in sugar mills. Further bioenergy projects are being encouraged under NBP Phase-I.
• In February 2024, Epson constructed its first biomass power plant in Iida City, Japan, aiming for operation by fiscal year 2026. This facility will generate renewable electricity to reduce reliance on external sources and promote public adoption of renewable energy. Located on a former clean center site, the plant will utilize unused wood, tree bark, and other eco-friendly materials, contributing to forest maintenance. The generated electricity will be sold under a feed-in premium scheme and is intended for local emergency supply. This initiative aligns with Epson's commitment to enhance self-generated power and fulfill RE100 technical criteria, with future plans for a closed-loop power system focusing on CO2 fixation and utilization.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  • By Feedstock
  • By Technology
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape - Babcock & Wilcox Enterprises, Inc., ENGIE, EPH (Energetický a pr? myslový holding), Ørsted A/S, Xcel Energy Inc., among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Biomass Power Generation Market Report Segment

By Feedstock

• Soild Biofuel
• Liquid Biofuel
• Biogas

By Technology

• Solid Biofuel
• Liquid Biofuel
• Biogas

By End-Users

• Household
• Industrial Sector
• Government Sector
• Others

Global Biomass Power Generation Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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