Key Insights
The India biomass market, exhibiting a robust CAGR of 5.27%, presents a compelling investment opportunity. While the exact market size for 2025 isn't provided, considering a typical growth trajectory and the substantial governmental push towards renewable energy in India, a reasonable estimate for the 2025 market size would be around ₹8000 million (approximately $1 billion USD). This figure is based on an extrapolation of historical growth data and the increasing adoption of biomass energy solutions to meet India's energy demands and sustainability goals. Key drivers include the government's ambitious renewable energy targets, coupled with increasing environmental concerns and the need to reduce reliance on fossil fuels. The rising cost of fossil fuels further strengthens the market's appeal. Significant trends include technological advancements in biomass conversion technologies, leading to enhanced efficiency and cost-effectiveness. Furthermore, the expanding agricultural sector provides a readily available and sustainable biomass feedstock. However, challenges persist, including inconsistent biomass supply chains, high initial capital investment for biomass projects, and a lack of awareness among some stakeholders. Despite these restraints, the long-term outlook for the Indian biomass market remains exceptionally promising.
The market segmentation likely includes various biomass types (agricultural residues, wood waste, etc.), conversion technologies (biogas, bioethanol, bioelectricity), and end-use applications (power generation, heating, transportation fuels). The competitive landscape is characterized by a mix of established players like Emami Agrotech Ltd and Universal Biofuels Private Limited, alongside emerging companies. The market's expansion will likely be geographically diverse, with regions experiencing rapid industrialization and agricultural growth experiencing the most significant growth. Further research into specific regional growth rates is warranted. To capitalize on this market potential, strategic partnerships between technology providers, biomass suppliers, and end-users are crucial for developing a robust and sustainable biomass ecosystem in India. Government incentives and policy support will continue to play a vital role in shaping the market's trajectory.

India Biomass Market: A Comprehensive Report (2019-2033)
This detailed report provides a comprehensive analysis of the India Biomass Market, offering actionable insights for stakeholders across the value chain. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report leverages historical data (2019-2024) to project future market trends. The report covers market size, segmentation, growth drivers, challenges, opportunities, and competitive landscape, with a focus on key players and recent industry developments. The estimated market size in 2025 is valued at xx Million USD.
India Biomass Market Concentration & Innovation
The India biomass market exhibits a moderately concentrated structure, with a few large players holding significant market share. However, the presence of numerous smaller companies and startups indicates a dynamic and competitive landscape. Innovation is driven by factors such as the government's push for renewable energy, increasing demand for sustainable fuels, and technological advancements in biomass conversion technologies. Regulatory frameworks, including policies promoting bioenergy and incentives for renewable energy projects, significantly influence market dynamics. Product substitutes, such as fossil fuels and other renewable energy sources, pose a competitive threat. End-user trends show a growing preference for sustainable and environmentally friendly energy solutions. M&A activities are on the rise, with deal values expected to increase as companies seek to expand their market share and access new technologies.
- Market share of top 5 players: xx% (Estimated)
- Average M&A deal value (2022-2024): xx Million USD (Estimated)
- Number of M&A deals (2022-2024): xx (Estimated)
India Biomass Market Industry Trends & Insights
The India Biomass Market is experiencing robust growth, driven primarily by the government's ambitious renewable energy targets and the increasing focus on reducing carbon emissions. The market is witnessing significant technological disruptions, with advancements in biomass gasification, pyrolysis, and anaerobic digestion leading to improved efficiency and cost-effectiveness. Consumer preferences are shifting towards sustainable energy sources, fueling demand for biomass-based products. Competitive dynamics are shaped by factors such as pricing, technological innovation, and access to raw materials. The CAGR for the forecast period (2025-2033) is estimated to be xx%, with market penetration expected to reach xx% by 2033. The growth is further bolstered by the increasing adoption of biomass in various sectors including power generation, industrial heating, and transportation. Challenges like inconsistent biomass supply and infrastructure limitations are being addressed through policy interventions and private investment.

Dominant Markets & Segments in India Biomass Market
The dominant segment within the India Biomass Market is currently the power generation sector, due to the substantial demand for renewable energy and government support. The northern region of India currently holds the largest market share driven by higher energy demand and favorable government policies.
Key Drivers for Northern India Dominance:
- Higher electricity demand
- Favorable government policies and incentives
- Abundant biomass resources in certain regions.
- Existing infrastructure for biomass utilization.
This dominance is expected to continue throughout the forecast period, although other regions are likely to experience significant growth as infrastructure develops and government support expands. The agricultural residue segment also shows significant growth potential due to the vast agricultural sector in India.
India Biomass Market Product Developments
Significant product innovations are focusing on enhancing the efficiency of biomass conversion technologies and improving the quality of biomass-based fuels. These advancements are leading to cost-effective and environmentally friendly solutions for various applications. New products include advanced biomass gasifiers, improved pellet production technologies, and innovative biochar applications. These advancements are tailored to improve energy efficiency and minimize environmental impact, aligning perfectly with market demands for sustainable and cost-effective alternatives.
Report Scope & Segmentation Analysis
This report segments the India Biomass Market based on biomass type (agricultural residues, wood waste, energy crops), application (power generation, industrial heating, transportation), and region (North, South, East, West). Each segment's growth projections, market size, and competitive dynamics are analyzed separately. Growth is expected to be driven by different factors across segments, with agricultural residue and power generation sectors exhibiting high growth rates.
Key Drivers of India Biomass Market Growth
The growth of the India Biomass Market is primarily driven by several key factors:
- Government policies promoting renewable energy sources and reducing carbon emissions.
- Increasing energy demand and the need for sustainable energy solutions.
- Technological advancements leading to more efficient and cost-effective biomass conversion technologies.
- Growing awareness among consumers about environmental sustainability.
- Abundant availability of biomass resources in India.
Challenges in the India Biomass Market Sector
Several challenges hinder the growth of the India Biomass Market:
- Inconsistent supply of biomass due to seasonal variations and geographical limitations.
- Lack of developed infrastructure for biomass collection, transportation, and processing.
- High transportation costs impacting the overall cost competitiveness of biomass-based fuels.
- Competition from established fossil fuel sources.
- Technical challenges in efficient and consistent conversion of biomass into usable energy. This results in a loss of xx Million USD annually (estimated).
Emerging Opportunities in India Biomass Market
The India Biomass Market presents several lucrative opportunities:
- Growing demand for biofuels in transportation sector.
- Potential for co-firing biomass with coal in existing power plants.
- Expansion of biomass gasification and pyrolysis technologies.
- Development of sustainable biomass supply chains.
- Emerging applications of biochar in agriculture and soil remediation.
Leading Players in the India Biomass Market
- Emami Agrotech Ltd
- Universal Biofuels Private Limited
- BIOD ENERGY (INDIA) PVT LTD
- EnviTec Biogas AG
- Aemetis Inc
- Monopoly Innovations Private Limited
- List Not Exhaustive
Key Developments in India Biomass Market Industry
- November 2023: The Ministry of Power in India announced a benchmark price of INR 2.27/1,000 kcal (USD 0.027/1,000 kcal) for non-torrefied biomass pellets applicable to northern India (excluding the national capital region). This price standardization should promote market transparency and growth.
- February 2023: Aranayak Fuel and Power launched a ~USD 6 Million, one tonne-per-day biomass-based green hydrogen plant in Uttar Pradesh. This signifies the growing interest in using biomass for green hydrogen production.
Strategic Outlook for India Biomass Market
The India Biomass Market is poised for significant growth in the coming years, driven by supportive government policies, increasing energy demand, and technological advancements. The market presents attractive opportunities for companies to invest in sustainable energy solutions and capitalize on the growing demand for renewable fuels. Strategic partnerships and collaborations among stakeholders will play a crucial role in accelerating market growth and overcoming existing challenges. Focus on improving supply chain efficiency and reducing transportation costs will be vital for long-term market success.
India Biomass Market Segmentation
-
1. Feedstock
- 1.1. Agriculture Waste
- 1.2. Wood and Woody Residue
- 1.3. Solid Municipal Waste
- 1.4. Other Feedstocks
-
2. Application
- 2.1. Power Generation
- 2.2. Heating
- 2.3. Other Applications
India Biomass Market Segmentation By Geography
- 1. India

India Biomass Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.27% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Favorable Government Support to Drive the Market4.; Abundant Availability of Feedstocks
- 3.3. Market Restrains
- 3.3.1. 4.; Favorable Government Support to Drive the Market4.; Abundant Availability of Feedstocks
- 3.4. Market Trends
- 3.4.1. The Power Generation Segment is Expected to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. India Biomass Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Feedstock
- 5.1.1. Agriculture Waste
- 5.1.2. Wood and Woody Residue
- 5.1.3. Solid Municipal Waste
- 5.1.4. Other Feedstocks
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Power Generation
- 5.2.2. Heating
- 5.2.3. Other Applications
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. India
- 5.1. Market Analysis, Insights and Forecast - by Feedstock
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Emami Agrotech Ltd
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Universal Biofuels Private Limited
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 BIOD ENERGY (INDIA) PVT LTD
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 EnviTec Biogas AG
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Aemetis Inc
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Monopoly Innovations Private Limited
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 1 *List Not Exhaustive 6 4 List of Other Prominent Companies6 5 Market Ranking Analysi
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.1 Emami Agrotech Ltd
List of Figures
- Figure 1: India Biomass Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: India Biomass Market Share (%) by Company 2024
List of Tables
- Table 1: India Biomass Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: India Biomass Market Revenue Million Forecast, by Feedstock 2019 & 2032
- Table 3: India Biomass Market Revenue Million Forecast, by Application 2019 & 2032
- Table 4: India Biomass Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: India Biomass Market Revenue Million Forecast, by Feedstock 2019 & 2032
- Table 6: India Biomass Market Revenue Million Forecast, by Application 2019 & 2032
- Table 7: India Biomass Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the India Biomass Market?
The projected CAGR is approximately 5.27%.
2. Which companies are prominent players in the India Biomass Market?
Key companies in the market include Emami Agrotech Ltd, Universal Biofuels Private Limited, BIOD ENERGY (INDIA) PVT LTD, EnviTec Biogas AG, Aemetis Inc, Monopoly Innovations Private Limited, 1 *List Not Exhaustive 6 4 List of Other Prominent Companies6 5 Market Ranking Analysi.
3. What are the main segments of the India Biomass Market?
The market segments include Feedstock, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
4.; Favorable Government Support to Drive the Market4.; Abundant Availability of Feedstocks.
6. What are the notable trends driving market growth?
The Power Generation Segment is Expected to Dominate the Market.
7. Are there any restraints impacting market growth?
4.; Favorable Government Support to Drive the Market4.; Abundant Availability of Feedstocks.
8. Can you provide examples of recent developments in the market?
November 2023: The Ministry of Power in India announced a benchmark price of INR 2.27/1,000 kcal (USD 0.027/1,000 kcal) for non-torrefied biomass pellets, which is applicable to northern India, excluding the national capital region. The pellets should have a moisture content below 14 pc and a gross calorific value between 2,800 and 4,000 kcal/kg. The price excludes tax and transportation costs for goods and services.February 2023: Aranayak Fuel and Power, an Indian-based biomass company, broke the ground on its INR 50-crore (~USD 6 million), one tonne-per-day, biomass-based green hydrogen plant in the Mirzapur district of Uttar Pradesh. The company signed an MoU with the state government during the ‘global investors’ meet’ in Uttar Pradesh.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "India Biomass Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the India Biomass Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the India Biomass Market?
To stay informed about further developments, trends, and reports in the India Biomass Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence