The physical foaming of thermosetting biosourced formulations, mainly based on tannin extracts and furfuryl alcohol, was investigated in-depth with a specially designed setup. Mass loss, volume expansion, and temperature measured at the bottom, in the middle and at the top of foams were continuously monitored during their preparation, from the first moment after the liquid formulation was poured into a mould until the final foams hardened and dried. Correlations were found between the observed phenomena. Thus, successive foaming mechanisms involving: (i) phase change of the blowing agent at 55°C, (ii) pore opening at a critical inner pressure, which induced 4% mass loss, and (iii) surface evaporation, could be elucidated and were discussed. The effects of the amounts of blowing agent on the one hand, which increases foam expansion, and of polymerisation catalyst on the other hand, which reduces the induction time, were also investigated, leading to some shifts in the aforementioned phenomena. The present results are certainly relevant to other self-foaming formulations based on thermosetting polymers such as traditional polyurethanes expanded by physical foaming with pentane.