Wood Vinegar Market Overview

The Global Wood Vinegar Market is expected to grow at a notable pace owing to the growing animal feed industry across the globe. In addition, a hike in demand for chemical-free pesticides and soil improvers, which help in improving soil fertility is also driving the growth of wood vinegar market. The market is expected to render lucrative opportunities to the market players during the upcoming years due to the inclining preference of consumers towards organic pesticides, and soil improvers.

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Asia-Pacific is expected to be the largest market for wood vinegar during the forecast period due to the widespread agriculture and farming industry in the region. It is used as a natural pesticide, a substitute to synthetic chemicals available, to reduce the effect on environment. In addition, wood vinegar is used as a plant growth regulator, biopesticide, and fungal growth enhancers. Hence, owing to these factors it is expected to drive the growth of wood vinegar in the market.

North America is projected to be the fastest-growing market during the forecast period owing to the growing food & beverage, and animal feed industries in the region. The growing preference towards organic food is increasing, which encourages the producers to invest in organic farming as well as organic pesticides. Hence, boosting the growth of wood vinegar market in the region.

Europe holds a significant share in the global wood vinegar market owing to the growing usage of energy from biomass. Wood vinegar is a bi product generated through pyrolysis process of fresh wood. It is a liquid obtained from combustion by burning fresh wood. Thus, it is used as a natural pesticide as it improves quality of soil and eliminates pests.

Argentina and Brazil are also projected to render a significant growth rate during the forecast period owing to the growing animal feed industry and rising importance of livestock in the countries. Wood vinegar helps in improving meat quality, controls the production of odor causing bacteria on bodies of livestock and improves the fertility rate.

The global wood vinegar market has further been segmented by pyrolysis method and application.

By pyrolysis method, the global wood vinegar market has been classified as slow pyrolysis, fast pyrolysis, and intermediate pyrolysis. The global wood vinegar market has also been segregated, based on application, into agriculture, animal feed, food & beverages and others.

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Key Players

Some of the key players in the Global Wood Vinegar Market are Ace Singapore Pte Ltd (Singapore), Canada Renewable Bioenergy Corp (Canada), Nettenergy B.V. (Netherlands), Tagrow Co., Ltd. (China), Byron Biochar (Australia), Red Arrow International LLC (US), B&G Foods, Inc. (US), Baumer Foods, Inc.(US), VerdiLife, LLC.(US), and Taiko Pharmaceutical Co.,Ltd. (Japan).

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