The North America biochar market size is projected to reach US$ 19.44 million by 2031 from US$ 13.92 million in 2023. The market is expected to register a CAGR of 4.3% during 2023–2031. The increasing adoption of biochar for energy production is likely to bring new North America biochar market trends in the coming years.
Biochar is produced through pyrolysis, a process that heats organic material (such as agricultural waste, forestry residues, and biomass) in the absence of oxygen, thus generating biochar, syngas, and bio-oil. These by-products are valuable sources of renewable energy, which can be used to generate electricity or heat, offering a dual benefit of carbon sequestration and renewable energy generation.
As North America strives to reduce its dependence on fossil fuels and meet climate change mitigation goals, biochar production as a form of energy generation aligns with these objectives. The integration of biochar production with energy systems can help reduce greenhouse gas emissions by replacing traditional energy sources with cleaner, carbon-neutral alternatives. Additionally, the use of biomass feedstocks, which might otherwise be discarded or left to decompose, provides a sustainable approach to managing waste while producing valuable energy. Further, organic farming practices emphasize soil health and fertility. As a natural soil amendment, biochar enhances soil structure, improves nutrient availability, and promotes microbial activity. It helps organic farmers maintain and improve soil fertility. Organic food production requires compliance with specific standards and regulations. Organic certifying bodies often require the use of approved inputs and practices, including organic soil amendments. Biochar, derived from organic sources, fulfills the requirements for organic certification. In addition, it has been shown to improve plant growth by facilitating root development and improving stress tolerance. Organic food producers prioritize plant health and natural disease resistance by minimizing synthetic pesticides and fertilizers. The use of biochar in organic farming contributes to the production of food that is perceived as healthier and more environmentally friendly. Thus, the growing demand for organic food products is expected to open new opportunities in the biochar market in the coming years, as it is projected as an essential component of organic farming practices. Thus, the increasing adoption of biochar for energy production and the rising demand for organic food products will provide growth opportunities to the biochar market in North America.
The biochar market in North America is experiencing significant growth, driven by the increasing demand for sustainable solutions across agriculture, construction, waste management, and environmental remediation. One of the primary drivers is the growing awareness of biochar's environmental benefits, particularly its ability to sequester carbon and improve soil health. As a result, farmers are adopting biochar to enhance soil fertility and water retention and reduce reliance on chemical fertilizers. With the increasing population in the region, the demand for fertilizers to boost crop productivity is increasing. Biochar is widely used in fertilizers to improve nutrient content and water-holding capacity. Further, as per the reports of the US Department of Agriculture (USDA), North America is the highest-ranking region for food affordability. In 2022, the contribution of agriculture to the US gross domestic product (GDP) was more significant than 1.1% because agricultural sectors rely on agricultural inputs to contribute added value to the economy. With the increase in agricultural production in the region, the demand for biochar is increasing. North America promotes the practice of balancing the growth of the agricultural sector with other sectors of the economy. The growth of the agriculture industry in the region can be attributed to the use of various advanced techniques and products, such as organic fertilizer and biochar produced by pyrolysis or thermal decomposition of organic matter in an oxygen-starved chamber. When compared to other synthetic fertilizers, awareness about the benefits of biochar is very high. Further, the increasing knowledge among the farming community about the benefits of products such as biochar that help maintain soil fertility, acidity, and nutrient value content will drive the demand for biochar in North America.
In North America, supportive government policies play a crucial role in fostering the growth of the biochar market, as biochar is increasingly recognized for its potential to improve soil health, enhance carbon sequestration, and support sustainable waste management practices.
Several policies in the US and Canada that drive the adoption of biochar are mentioned below:
Organic agriculture reduces nonrenewable energy use by decreasing agrochemical needs. It contributes to mitigating the greenhouse effect and global warming through its ability to sequester carbon in the soil. In addition, people are increasingly aware of the benefits of organic food and the side effects of chemicals in food production. Due to all these factors, there is an increased focus on organic farming. According to the 2023 Organic Industry Survey conducted by the Organic Trade Association, organic food sales in the US in 2022 increased to US$ 67.6 billion in 2023 from US$ 63 billion in 2022. In addition, the sales of organic products have consistently increased over the last decades. Therefore, the increasing focus on organic farming is expected to offer lucrative opportunities for the biochar market growth during the forecast period.
Key segments that contributed to the derivation of North America biochar market analysis are form, production technology, feedstock, sales channel, packaging type, and application.
The geographic scope of the North America biochar market report is mainly divided into the US, Canada, and Mexico.
In terms of revenue, the US dominated the North America biochar market share in 2023. In the US, the demand for biochar is expected to grow significantly during the studied forecast period. The US has a highly advanced agricultural sector, adapting to natural and organic methods to practice farming. Therefore, the country is observing a high usage of biochar. The country is focusing on the utilization of the product, predominantly in the application of crop production, such as green peas, potatoes, oranges, and corn. There is an increase in awareness regarding the benefits of using biochar. It is added to the soil to improve soil health and fertility and sequester carbon. Numerous small-scale and large-scale manufacturers operating in the US are also supporting the consumption of biochar. For instance, the US Biochar Initiative is promoting the sustainable production and use of biochar through research. Production of some important crops in the US, such as corn, was estimated at 354.2 million tons in 2022. Rice production in 2022 was ~160.4 million cwt. Biochar is mainly used in these crops to improve soil fertility and crop productivity. Further, the US supports the utilization of biochar to promote stable growth of the agricultural sector as well as the other sectors of the economy.
The regional trends and factors influencing the North America Biochar Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses North America Biochar Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 13.92 Million |
Market Size by 2031 | US$ 19.44 Million |
Global CAGR (2023 - 2031) | 4.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Form
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The North America Biochar Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the North America Biochar Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The North America biochar market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the North America biochar market are listed below:
The "North America Biochar Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
The market is estimated to register a CAGR of 4.3% during 2023–2031.
The market is projected to reach US$ 19.44 million by 2031.
The increasing use of biochar in wastewater management is expected to bring new trends in the market in the coming years.
Airex Energy Inc; Black Owl Biochar; Biochar Now, LLC; Phoenix Energy; BioForceTech Corporation; Olivketts Global Energy Ltd.; American BioChar Co; Pacific Biochar Benefit Corporation; and Genesis Enterprises, Inc are among the key players operating in the North America biochar market.
The demand for biochar in agriculture and energy production is one of the factors driving the market.
The powder segment dominated the market in 2023.