The biogases final consumption in the food, beverages, and tobacco sectors in Sweden has experienced significant growth since 2016. By 2023, the consumption reached 324.8 GWh, up from 0 GWh in 2015. The early years from 2016 to 2020 saw dramatic year-on-year increases, with the most notable jump, 141.39%, occurring between 2019 and 2020. Although the growth rate has decelerated slightly in recent years, it remained robust at 21.09% in 2023. Over the last five years, the compounded annual growth rate (CAGR) settled at a noteworthy 49.23%.
Looking ahead, the forecast from 2024 to 2028 suggests a continuing increase, albeit at a more moderate pace, with an expected CAGR of 9.63%. Future trends to watch for include advancements in biogas production technology, potential regulatory changes promoting renewable energy, and possible shifts in the demand patterns within these sectors.