According to Cognitive Market Research, the global voluntary carbon offset market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.
North America held the major market of around 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America market of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
The sales of renewable energy are poised to surge due to growing environmental awareness, government incentives, technological advancements, and increasing demand for clean, sustainable power sources to combat climate change effectively.
Sales in the energy industry are expected to rise as industries seek more efficient and sustainable power solutions, coupled with increasing global demand for energy amidst economic growth and technological advancements.
