Global Wood Vinegar Market By Overview
Introduction:
Wood vinegar is also called as pyroligneous acid, wood acid, or liquid smoke. Wood vinegar is a dark liquid produced by destructive distillation of wood and other plant materials. Acetic acid, methanol, and acetone are some of the major components used for production of wood vinegar. Acetic acid is used as a soil disinfectant, and methanol is known to increase crop yield utilizing less water, whereas phenols are known as a natural source for antioxidants. Such attributes of its ingredients, makes it a better choice for sustainable farming thereby increasing the crop yield. Wood vinegar contains 80-90% water and around 200 plus organic compounds. Wood vinegar have various health benefits such as it helps in digestion, eliminating foul odour, reduces the effect of diarrhea and vomiting, maintain cholesterol level, etc. The global wood vinegar market accounted for US$ 4.23 billion in 2020 and is estimated to be US$ 8.63 billion by 2030 and is anticipated to register a CAGR of 7.5%.
Global Wood Vinegar Market By Dynamics
Rising initiatives by government bodies
Increasing government regulations regarding the usage of crop protection chemical and, enhanced crop yield is the major factor driving the growth of the global wood vinegar market. In addition, increasing adoption of organic food products among individuals is another factor expected to boost the growth of the global market over the forecast period. Furthermore, increasing demand for wood vinegar in pharmaceutical and cosmetic industries is another factor expected to fuel the target market growth. Moreover, rising application of wood vinegar among various industries and cost-effective manufacturing are increasing its demand thus boosting the global market growth. With this, increasing usage of wood vinegar in food industry to improving flavor, color, and firmness of food products are some important factors expected to support growth of this market in the near future.
However, limited number of manufacturers, and stringent government policies and regulations are major factors restraining the growth of the global wood vinegar market. In addition, low awareness regarding the health benefits of wood vinegar among individual especially in the developing countries is expected to hamper growth of the target market in the near future.
Global Wood Vinegar Market By Segmentation
The global wood vinegar market is segmented based on method, application, and region.
On the basis of method, the global market is sub-divided into slow pyrolysis, fast pyrolysis, and intermediate pyrolysis. Based on the application, the target market is bifurcated into agriculture, animal feed, food, medicinal, and consumer products.
Regional Insights:
The global wood vinegar market accounted for US$ 4.23 billion in 2020 and is estimated to be US$ 8.63 billion by 2030 and is anticipated to register a CAGR of 7.5%. On region the global wood vinegar market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the North America dominates the global market in terms of revenue, due to rising adoption of convenient and processed food. Europe market is second largest market in terms of revenue due to high awareness of food safety among individuals, and increasing demand for bio-based agriculture fertilizers in this region. The market in Asia Pacific expected to account for highest share in the market, due to use of organic fertilizer, high production of organic products, and presence of local players operating in this market in various countries.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Method- Slow Pyrolysis, Fast Pyrolysis, and Intermediate Pyrolysis By Application– Agriculture, Animal Feed, Food, Medicinal, and Consumer Products |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global wood vinegar market report based on method, application, and region.
Global Wood Vinegar Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Wood Vinegar Market By Key Players
The key players operating in the global wood vinegar market includes Nettenergy BV, Canada Renewable Bioenergy Corp., Wood Vinegar Australia, Ace (Singapore) Pte Ltd., Byron Biochar, Verdi Life, Taiko Pharmaceutical Co., Ltd., Mizkan Americas, Inc., Green Man Char, and Doi & Co., Ltd.
Global Wood Vinegar Market By Company Profile
- Nettenergy BV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Canada Renewable Bioenergy Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Puritan Medical Products
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Wood Vinegar Australia
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ace Pte Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Byron Biochar
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Verdi Life
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Taiko Pharmaceutical Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mizkan Americas, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Green Man Char
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Doi & Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Wood Vinegar Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Method
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Market Merges
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Wood Vinegar Market, By Method, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Slow Pyrolysis
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Fast Pyrolysis
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Intermediate Pyrolysis
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
Global Wood Vinegar Market, By Application, 2019 – 2029, (US$ Mn)
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- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Agriculture
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Animal Feed
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Food
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Medicinal
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Consumer Product
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Wood Vinegar Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Method, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Method, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Method, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Method, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Method, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Nettenergy BV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Canada Renewable Bioenergy Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Wood Vinegar Australia
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Ace Pte Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Byron Biochar
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Verdi Life
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Taiko Pharmaceutical Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Mizkan Americas, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Green Man Char
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Doi & Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Nettenergy BV
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Global Wood Vinegar Market is segmented into method, application, and region.
Several reasons, including as technical advancements in production methods, increased demand from Asia-Pacific, and others, are expected to drive the expansion of the wood vinegar market.
By region, The market in the North America dominates the global market in terms of revenue, due to rising adoption of convenient and processed food.
The Key players operating in the Global Wood Vinegar Market include Nettenergy BV, Canada Renewable Bioenergy Corp., Wood Vinegar Australia, Ace (Singapore) Pte Ltd., Byron Biochar, Verdi Life, Taiko Pharmaceutical Co., Ltd., Mizkan Americas, Inc., Green Man Char, and Doi & Co., Ltd.