Wood Vinegar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Global Wood Vinegar market is segmented by Application into Agriculture, Food & Beverage, Animal Feed, and Other Applications; by Pyrolysis Method into Slow Pyrolysis, Fast Pyrolysis, and Intermediate Pyrolysis, and by Geography.

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Market Snapshot

Wood Vinegar Market Summary
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 6.8 %
CAGR (2019-2024): 6.8%

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Market Overview

Global wood vinegar market is projected to grow at a CAGR of 6.8% during the forecast period (2019-2024).

  • With increased acceptance of global cuisines, the market for wood vinegar has expanded globally since it has an acrid smoky odor, typical to food products such as barbeque sauce, which are gaining global acceptance.
  • Wood vinegar has also growing acceptance as a biofertilizer and a biopesticide in agriculture, which is booming due to the prevailing high demand for organic food products by consumers.
  • Also, the high consumption of meat among the consumers has resulted in livestock farmers using wood vinegar in animal feed supplements to lower the cholesterol level while maintaining the quality of meat. As cholesterol has remained a growing concern among consumers, this factor is actively driving the wood vinegar market in the animal feed industry.

Scope of the Report

The market studied covers the application of wood vinegar in various end-user industries such as agriculture, food & beverage, animal feed, and others across the globe. The different methods of the pyrolysis method majorly include slow, fast and intermediate. Also to give our clients, a broader perspective, the market is studied in for different countries in each region.

Application
Agriculture
Crop Nutrition
Crop Protection
Food & Beverage
Canned Food
Sauces
Dairy Products
Other Food & Beverage Applications
Animal Feed
Other Applications
Pyrolysis Method
Slow Pyrolysis
Fast Pyrolysis
Intermediate Pyrolysis
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Spain
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Rest of the World
Brazil
Argentina
Other Countries

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Key Market Trends

Burgeoning Demand Of Wood Vinegar in Feed Supplements

Wood vinegar is increasingly being used in animal feed for poultry, and other livestock like sheep, cattle, etc in order to eliminate the prevalence of gastrointestinal diseases found in livestock that directly hampers the quality of egg and meat. For instance, According to an article published by Food Vinegar for Organic Agriculture, farmers claim that usage of wood vinegar in feed supplements resulted in improved egg-laying performance in poultry whereas improved meat quality of livestock. Cholesterol is a major concern among the consumers under different demographics, thus usage of wood vinegar has also resulted in reducing the cholesterol content in chicken, turkey, ostrich, and quail.  

Production Volume of Compound Poultry Feed : By Segment in 1000 tons, Italy 2017

Asia-Pacific Emerges as the Fastest Growing Market

Asian Countries such as India where the agriculture sector holds a prominent share in the country's GDP, the wood vinegar has paved the way to boost their crop yielding capacity while maintaining their quality. Also, the growing inclination of consumers across the region towards organic food products has led to an increasing number of farmers adopting organic agricultural practices which in turn is strongly driving the market of biopesticides and bio-based fertilizers, such as wood vinegar in the agricultural sector. Such factors have led to a rising number of wood vinegar manufacturers across the region to meet the burgeoning demand for different industries primarily food and beverage, agriculture, feed supplements, food products, cosmetics, and others.

 

 

Wood Vinegar Market - Market Size, By region, Gloabl, 2018

Competitive Landscape

The global wood vinegar market is highly fragmented with the existence of many regional players such as Ace (Singapore) Pte Ltd, Nettenergy B.V.Applied Gaia Corporation and others. The active companies use strategies, like forming new agreements and partnerships with different players, to increase their footprint in various countries and offer products according to the end-user industries changing preferences. The key players are also focusing on expansion to expand their presence in the global market. Moreover, these players are also focusing to launch their offerings in new potential markets.

Wood Vinegar Market Concentration

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Agriculture

        1. 5.1.1.1 Crop Nutrition

        2. 5.1.1.2 Crop Protection

      2. 5.1.2 Food & Beverage

        1. 5.1.2.1 Canned Food

        2. 5.1.2.2 Sauces

        3. 5.1.2.3 Dairy Products

        4. 5.1.2.4 Other Food & Beverage Applications

      3. 5.1.3 Animal Feed

      4. 5.1.4 Other Applications

    2. 5.2 Pyrolysis Method

      1. 5.2.1 Slow Pyrolysis

      2. 5.2.2 Fast Pyrolysis

      3. 5.2.3 Intermediate Pyrolysis

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Spain

        5. 5.3.2.5 Russia

        6. 5.3.2.6 Italy

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 India

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Rest of the World

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Other Countries

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Ace (Singapore) Pte Ltd

      2. 6.3.2 Nettenergy B.V.

      3. 6.3.3 Tagrow Co. LTD

      4. 6.3.4 Byron Biochar

      5. 6.3.5 MEIWA CO., LTD.

      6. 6.3.6 Applied Gaia Corporation

      4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Wood Vinegar Market market is studied from 2016 - 2026.

The Wood Vinegar Market is growing at a CAGR of 6.8% over the next 5 years.

The Wood Vinegar Market is valued at 6.8% in 2026.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Byron Biochar, Applied Gaia Corporation, Tagrow Co. LTD, Nettenergy B.V., Ace (Singapore) Pte Ltd are the major companies operating in Wood Vinegar Market.

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