Natural Properties of Wood Vinegar to Promote Organic Farming

Growing necessity for bio-based products owing to rising environmental and health concerns is anticipated to propel demand for wood vinegar. It’s a natural by-product obtained in the production of charcoal having numerous anti-oxidant and anti-microbial properties. Such essential properties can promote this by-product as a natural substitute for fertilizers and chemical pesticides. Also known as liquid smoke or pyroligneous acid, it is expected to be a good source of phenol, ester, methanol, and acetic acid.

Wood Vinegar to Act as Liquid Fertilizer and Compost Activator

Major application variants of wood vinegar are food, medicinal, agriculture, animal feed, and consumer products. In the coming years, agriculture segment is likely to contribute to maximum revenue generation owing to increasing use of product as soil fertility enhancer and organic pesticide. Supportive government initiatives to promote use of non-toxic and biodegradable chemicals can spur demand in the coming years.

Considering the rising demand, most farmers are using bio-based products in organic farming. For instance, an organic farmer named Jefferson Laruan from Benguet in Philippines is using wood vinegar to produce liquid fertilizer can further be used as soil drench and foliar fertilizer, which can promote growth in plants and inhibit pests. The farmer is likely to use the product as compost activator to convert composted materials into organic fertilizers within 15 days. Otherwise, it could take months to decompose such materials.

    

The global wood vinegar market is likely to value USD 6.6 million by 2025, according to a report by Grand View Research, Inc. Growing demand for natural alternative to fertilizers and chemical pesticides can drive market growth in the coming years. Increasing adoption of organic farming methods to improve crop yield is likely to stimulate growth of the market. Growing necessity for reducing dependency on expensive agrochemicals can fuel market growth. Cost effective and sustainable production of wood vinegar as by-product in the production of charcoal is expected to foster growth of the market. Increasing use in food products to add natural flavor and aroma can spur market growth during the forecast period (2017 to 2025).

Some of the prominent companies operating in the market for wood vinegar are Vinegar Australia, Sort Of Coal, Taiko Pharmaceutical Co., Ltd, VerdiLife LLC, and Nettenergy B.V.

In-Depth Research Report On Wood Vinegar Market:

https://www.grandviewresearch.com/industry-analysis/wood-vinegar-market