Global wood vinegar market is
expected to grow at a CAGR between 7.2% and 7.7% over the forecast period 2017
to 2023. The wood vinegar market has grown steadily in the recent years. It has
a significant impact on agriculture as a bio-based agricultural input, in terms
of increasing the yield, quality, and nutrition-level of the produced crops,
and this has led to its high demand across the world. The wood vinegar are used
as feed supplements in poultry, it eliminates bacteria such as salmonella,
which causes gastrointestinal diseases in poultry animals. The global wood
vinegar market is expected to be primarily driven by factors such as stringent
regulations regarding the usage of crop protection chemicals and rising
consumption of organic food products, and, improved crop yield. However, the
growth in global wood vinegar market is likely to be restrained by Low
Awareness about Wood Vinegar, Globally.
The wood vinegar market
is segmented on the basis of pyrolysis method, application, and region. The segmentation
on the basis of pyrolysis method covers intermediate pyrolysis, fast pyrolysis,
and slow pyrolysis. On the basis of application the market is segmented as
food, medicinal, and consumer products, animal feed, agriculture, and others including industrial source for production of acetic acid, tar & creosote
production, and waste water treatment.
The regions covered in the report
include North America, Europe, Asia-Pacific, and Rest of the World. North
America region covers the country markets such as U.S., Canada, and Mexico. Furthermore
Europe includes the country markets such as Germany, U.K., France, Spain, and
Rest of Europe. The Asia-Pacific region covers the analysis of countries such
as China Japan India Australia/New Zealand and Rest of APAC. Among the
geographies Asia-Pacific is expected to be the largest market for wood vinegar
market over the forecast period 2017 to 2023. Furthermore Asia-Pacific is
expected to grow at the highest CAGR over the forecast period.
Figure 1: Global Wood Vinegar Market by Region
The companies covered in the
report include Verdi Life, Nakashima Trading Co. Ltd., Penta Manufacturer, Doi
& Co., Ltd, Nettenergy Bv, Tagrow Co., Ltd., Byron Biochar, New Life Agro, ACE
(Singapore) Pte Ltd, and Canada Renewable Bioenergy Corp.
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the demand globally as well as regionally. Moreover, IGR- Growth Matrix
Analysis given in the report brings an insight on the investment areas that
existing or new market players can consider.
The report provides insights into
the market using analytical tools such as Porter’s five forces analysis and
value chain analysis of wood vinegar market. Further, the study highlights
current market trends and provides forecast from 2017 to 2023. We also have highlighted
future trends in the wood vinegar market that will impact the demand during the
The IGR- Growth Matrix Analysis
provided in this report highlights key investing markets in the world.
Moreover, the competitive analysis given in each regional market brings an
insight on the market share of the leading players. Additionally, the analysis
highlights rise and fall in the market shares of the key players in the market.
This report will help manufacturers, suppliers and distributors to understand
the present and future trends in this market and formulate their strategies