Home > Food & Beverages > Food Additives > Flavor Enhancers > Wood Vinegar Market

Wood Vinegar Market Trends

Report ID: GMI6289
Published Date: Jul 2023
Report Format: PDF

Download Free Sample

Wood Vinegar Market Trends

There is a rising demand for organic and sustainable agricultural inputs and household products. Wood vinegar, being a natural byproduct of pyrolysis, aligns with consumers' increasing preference for eco-friendly and chemical-free solutions. Wood vinegar is gaining popularity in agriculture as a natural biopesticide, soil conditioner, and plant growth promoter. Farmers are increasingly adopting wood vinegar to enhance crop yield and reduce chemical inputs. With growing concerns about soil degradation and environmental sustainability, there is an increased focus on soil health and restoration.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Wood vinegar market size reached USD 6.01 billion in 2023 and may record USD 10.8 billion by the end of 2032, due to rising usage in agriculture as a natural biopesticide and plant growth promoter.

The hardwood product segment was valued at USD 1.2 billion in 2022 and will witness expansion through 2032, owing to its ability to improve soil structure, enhance nutrient availability, and promote beneficial microbial activity.

U.S. market size dominated around USD 0.9 billion in 2022 and is anticipated to expand at significant pace from 2023 to 2032, attributed to the growing interest in sustainable agriculture practices in the country.

TAGROW CO., LTD., Nettenergy B.V., New Life Agro, Win-Win Chemical Co., Limited, Canada Renewable Bioenergy Corp., Byron Biochar, DL Chemicals Co., Ltd., Svenska Skogsprodukter AB, and Dongying Runying Chemical Co., Ltd., are a few of the major companies.