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Wood vinegar is a dark liquid extracted from biomass through carbonization. Wood vinegar is widely use as a natural substitute for chemical pesticides and fertilizers. Wood vinegar provides various health benefits such as it helps to maintain cholesterol level, protect liver disease, reduces effect of diarrhea, etc. In addition, wood vinegar is also used as preservatives due to its anti-microbial and anti-oxidant properties.

Increasing preference for organic food, bio based agricultural inputs, and high adoption of wood vinegar in animal feed and medical applications are major factors expected to grove growth of the global wood vinegar market over the forecast period. The global wood vinegar market report has been segmented on the basis of method, application, and region.

On the basis of method, the target market is segmented into slow pyrolysis, intermediate pyrolysis, and fast pyrolysis. Slow pyrolysis method segment is expected to account for highest CAGR over the forecast period, owing to increasing fuel production, power generation from biomasses, and help to improve quality of the wood vinegar based products.

On the basis of application, the target market is segmented into agriculture, animal-feed, food, medicinal, and consumer products. Agriculture application segment is expected to account for highest share in the global market over the forecast period, owing to various advantages such as soil enrichment, control harmful effects on crop growth, improve seeds lubrication, etc.

Increasing preference for organic food, bio based agricultural inputs, and high adoption of wood vinegar in animal feed and medical applications are major factors expected to grove growth of the global wood vinegar market over the forecast period.

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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to be highest share in terms of revenue over the forecast period, owing to high adoption of organic and healthy food, and stringent government regulations in the US. The market in Asia Pacific is expected to register highest CAGR in terms of revenue, owing to rising adoption of wood vinegar in various end-use industries and high production in various countries in the region.

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.

 

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