The biomass pellets market is driven by the global shift toward renewable energy and the urgent need to reduce dependence on fossil fuels. Growing concerns over climate change and greenhouse gas emissions are encouraging governments and industries to adopt cleaner energy alternatives. Supportive policies, subsidies, and renewable energy targets are boosting the use of biomass pellets in power plants and heating systems. Rising energy demand, especially in Europe and emerging economies, further supports market growth. Additionally, the utilization of agricultural and forestry waste for pellet production promotes waste management and circular economy practices, making biomass pellets an attractive and sustainable energy solution.