Wood Vinegar Market to Grow at 4.9% CAGR through 2025, Growing Application in End-Use Industries Fuelling Growth

A new detailed study titled “Wood Vinegar Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the research study, the wood vinegar market is likely to grow at a CAGR of 4.9% during the assessment period 2017-2025.

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The report offers comprehensive analysis and insights on the wood vinegar market during the assessment period. An analysis on the drivers, restraints, trends, and opportunities impacting market growth has been offered for the perusal of the readers. In addition to the market dynamics, an analysis on the competitive landscape prevailing in the market has also been included for the perusal of the readers.

The report segments the global wood vinegar market into production method market, end use and region market. The production method segment is further divided into food and beverages industry, pharmaceutical industry, agriculture industry, animal feed industry, personal care and cosmetic industry and others. The food and beverages industry is sub divided into dairy products, canned food, snacks, sauces and others. The agriculture industry is categorized into fertilizer, pesticide, bactericidal and others. The production segment is sub-segmented into rapid pyrolysis, slow pyrolysis and intermediate pyrolysis.

Geographically, the market is divided into key regions globally which are North America, APAC Analysis, Latin America, Middle East & Africa Analysis and Europe. According to the report, Europe and Asia Pacific are likely to account for over 60% revenue share of the market. These two regions have witnessed steady adoption of wood vinegar, and the trends is likely to grow stronger in the forthcoming years. China and India are among the lucrative markets for wood vinegar in Asia Pacific, and the status quo is likely to remain unchanged during the assessment period.

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In addition to the above factors, the business intelligence study also offers analysis on the prevailing competitive landscape in the market. The report profiles some of the leading players operating in the market. Some of these players are Dongying Runyi Biotechnology Co. Ltd., Red Arrow International LLC, Merck KGaA (Sigma Aldrich), Canada Renewable Bioenergy Corp, B&G Foods, Inc., Baumer Foods, Inc., Kerry Group PLC, Frutarom Industries Ltd., VerdiLife LLC,  New Life Wood Vinegar, Agribolics Technology Sdn Bhd and  TAGROW CO., LTD. The companies are focusing on improving their presence in Asia Pacific and Europe, and it is highly likely that investments will increase in these regions.

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This release was published on openPR.