Forecast: Food, Beverages and Tobacco Sector Final Consumption of Biogases in Spain

The final consumption of biogases in Spain's food, beverages, and tobacco sector has shown a fluctuating trend between 2013 and 2023, with an actual consumption value standing at 0.652 Thousand Terajoules in 2023. After a significant initial increase in 2013, the sector experienced a sharp decline between 2014 and 2015. However, starting from 2017, the consumption figures began to stabilize, displaying moderate growth year-on-year. From 2020 to 2023, the sector observed a consistent growth trend, with an average annual growth rate of 3.76% over the last five years.

Future trends indicate a moderate increase in consumption with a forecasted average annual growth rate of 2.01% over the next five years, leading to a cumulative growth rate of 10.45% by 2028.

Trends to watch for include advancements in biogas technology, regulatory changes favoring green energy, and shifts in the industry's energy consumption patterns that could markedly influence future biogas utilization.