The final consumption of biogases in the food, beverages, and tobacco sectors in Spain is forecasted to show steady growth from 2024 to 2028. The values expressed in thousand tonnes of oil equivalent are projected to incrementally increase each year, starting from 18.37 in 2024 to 18.95 in 2028. The year-on-year variations highlight a consistent upward trend, demonstrating a growing adoption of biogases in these sectors.
Key observations:
- 2024 to 2025: 0.87% increase
- 2025 to 2026: 0.81% increase
- 2026 to 2027: 0.75% increase
- 2027 to 2028: 0.69% increase
- Compound annual growth rate (CAGR) for 2024-2028: 0.78%
Future trends to watch for:
- Increased adoption of renewable energy sources in industrial processes.
- Potential regulatory incentives promoting biogas usage.
- Technological advancements in biogas production and efficiency.
- Rising awareness and demand for sustainable practices in the food and beverage industry.