Artificial Photosynthesis Market Outlook:
Artificial Photosynthesis Market size was over USD 96.95 million in 2025 and is poised to exceed USD 368.99 million by 2035, growing at over 14.3% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of artificial photosynthesis is evaluated at USD 109.43 million.
This growth is attributed to the rising concerns about the environment. Population expansion or density is one of the causes of environmental deterioration. To improve sustainability, individuals are more dedicated to modifying their behavior and are more concerned about tackling environmental concerns. Further, artificial photosynthesis would absorb and decrease carbon dioxide to make fuels, which would help to utilize liquid fuel without harming the environment or overheating the earth. In 2019, more than 70% of people globally, united for increasing environmental concerns.
In addition to these, factors that are believed to fuel the market growth of artificial photosynthesis include increasing government funding and grants for research and development. To boost profitability, productivity, and efficiency even further, the government is providing subsidies and funding provided for the development of artificial photosynthesis technologies. For instance, to produce fuels from sunshine, the US Department of Energy (DOE) has announced a proposal to invest up to USD 100 million over five years in research on artificial photosynthesis, to create an artificial photosynthesis system that, is similar to natural photosynthesis.
