Uploaded on Jul 16, 2024
According to the latest research report by IMARC Group, The global humic acid market size reached US$ 658.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,358.1 Million by 2032, exhibiting a growth rate (CAGR) of 8.2% during 2024-2032. More Info:- https://www.imarcgroup.com/humic-acid-market
Humic Acid Market by Product Type, Distribution Channel, End User 2024-2032
Global Humic Acid
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
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Accord ing to the la test repor t by IMARC Group, t i t led "Humic Acid
Market: Global Industry Trends, Share, Size, Growth, Opportuni ty and
Forecast 2024-2032," the g lobal humic ac id market s ize reached US$
658.7 Mi l l ion in 2023.
Report Factors Affect ing the Growth of the Humic Acid Industry:
Growing Demand for Organic Farming Pract ices:
Highlight and The increas ing adopt ion of organic farming pract ices dr ives the demand
for humic ac id . As farmers sh i f t towards susta inable and envi ronmenta l ly
Description f r iend ly cu l t ivat ion methods, humic ac id proves to be a va luable so i l
amendment .
I ts ab i l i ty to enhance nut r ient uptake, improve so i l s t ruc ture, and promote
microb ia l ac t iv i ty a l igns wi th the pr inc ip les o f organic farming, lead ing to
a r is ing prefe rence for humic ac id among growers seeking to opt imize
y ie lds whi le min imiz ing the use of syn thet ic fer t i l i zers .
Rising Awareness of Soi l Heal th Benefi ts:
Heightened awareness of so i l hea l th and the impor tance of susta inable
agr icu l tura l pract ices is a key fac tor dr iv ing the humic ac id market . As
farmers and agronomis ts recognize the ro le o f humic ac id in enhancing
Report soi l fer t i l i t y , water re tent ion, and overa l l so i l s t ruc ture, there is a growing
inc l inat ion to incorporate humic ac id-based products in to agr icu l tura l
Highlight and pract ices. Th is increased unders tanding of the long- term benef i ts o f humic
ac id cont r ibutes to i ts r is ing prominence in the agr icu l ture sector .
Description Expansion of the Hort iculture Industry:
The expanding hor t icu l ture indust ry , encompass ing f ru i ts , vegetab les , and
ornamenta l p lants , is a s ign i f icant dr iver o f the humic ac id market .
Hor t icu l tur is ts u t i l i ze humic ac id to improve so i l condi t ions and fos ter
robust root development , resu l t ing in heal th ier p lants and improved crop
qual i ty .
With the g row ing demand fo r h igh -va lue hor t i cu l tu ra l p roduc ts , t he use o f
humic ac id as a so i l cond i t ioner and p lan t g rowth enhancer con t inues to
w i tness a subs tan t ia l i nc rease , con t r ibu t ing to the overa l l g rowth o f t he humic
ac id marke t .
Report
Request for a PDF sample o f th is repor t :
Highlight and h t tps : / /www. imarcgroup .com/humic -ac id -marke t / reques tsamp le
Description
Report Description
Global Humic Acid Market Trends:
I n t h e hum ic ac id m a r ke t , sev e r a l no t ab l e t r e nds a r e sha p ing t he i n dus t r y ’ s l a ndsca pe . Th e r e i s a no t i ce ab le sh i f t
t owar ds su s t a in ab le ag r i cu l t u r e p r ac t i ces , d r i ven by an i nc r e as ing g loba l f oc us on en v i r on m en t a l cons e r va t i on an d
o r gan i c f a r m ing . Hum ic ac id , known f o r i t s o r gan i c an d ec o- f r i e nd l y p r ope r t i es , a l i g ns w i t h t h i s t r e nd , g a in ing p r om in enc e
as a f a vo r ed so i l co nd i t i on e r an d nu t r i en t e nhanc e r i n m oder n ag r ic u l t u r a l p r a c t i ce s . Bes id es , t echno log i ca l
advan cem en t s a nd r ese a r ch i n h um ic ac id p r oduc t i on m e t hods a r e i n f l uen c ing t he m a r ke t . I n nova t i ons i n ex t r ac t i on
t ech n iques and f o r m u la t i on p r oce sse s a r e e nhanc ing t he qua l i t y a nd e f f i ca cy o f hum ic a c id p r odu c t s , m ee t i ng t h e
evo l v ing de m an ds o f f a r m er s and ag r onom i s t s .
M or e ove r , t he hu m ic ac id m ar ke t i s w i t ne ss ing g eog r a ph ica l e xpan s ion , w i t h a g r ow ing adop t i on o f t hes e p r oduc t s i n
em e r g ing e cono m ies . As aw ar ene ss a bou t so i l hea l t h be ne f i t s i nc r eases g loba l l y , t he r e i s a r i s in g dem and f o r h um ic ac id
ac r o ss d i ve r se ag r i c u l t u r a l l a ndsca pes , r e f l ec t i ng a b r oad e r t r end t o war ds o p t im iz ing c r op y i e lds sus t a inab ly . Thes e
m ar k e t t r end s co l l ec t i ve l y i nd i ca t e a dynam ic a nd evo l v ing l andsc ape , em phas i z i ng t h e i nc r eas i ng s ig n i f i can ce o f hum ic
ac id i n m o der n ag r i c u l t u r e .
Vi ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / hu mi c - ac i d - mar ke t
Breakup by Form:
• Powdered
• Granular
• Liquid
Breakup by Sales Channel:
Report • Direct
• Indirect
Segmentation
Breakup by Application:
• Agriculture
• Animal Feed
• Pharmaceut icals
• Horticulture
• Others
Breakup by Region:
• North America
Report • Europe
• Asia-Pacifi c
Segmentation • Latin America
• Middle East and Afr ica
• Agbest Technology Co. Limited
• Arctech Inc.
• Black Earth Humic
• Cifo Sr l
Competitive • Desarrol lo Agrícola y Minero S.A.
• Humic Growth Solutions Inc.
Landscape
• Humintech GmbH
with Key • J iangxi PingxiangAnhua Biotechnology Co.
Ltd.
Players
• J i loca Industrial S.A. ( J ISA)
• Saint Humic Acid
• The Andersons Inc.
• Xian Shan Yuan Agriculture & Technology
Co. Ltd.
What was the size of the global humic acid market
in 2023?
What is the expected growth rate of the global
humic acid market during 2024-2032?
Key What has been the impact of COVID-19 on the
global humic acid market?
Questions
What are the key factors driving the global humic
Answered in acid market?
the Report
What is the breakup of the global humic acid
market based on the application?
What are the key regions in the global humic acid
market?
Who are the key players/companies in the global
humic acid market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l H u m i c A c i d M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y F o r m
6 . 1 P o w d e r e d
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 G r a n u l a r
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
6 . 3 L i q u i d
6 . 3 . 1 M a r k e t T r e n d s
6 . 3 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y S a l e s C h a n n e l
7 . 1 D i r e c t
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
7 . 2 I n d i r e c t
7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y A p p l i c a t i o n
8 . 1 A g r i c u l t u r e
8 . 1 . 1 M a r k e t T r e n d s
8 . 1 . 2 M a r k e t F o r e c a s t
8 . 2 A n i m a l F e e d
8 . 2 . 1 M a r k e t T r e n d s
Table of 8 . 2 . 2 M a r k e t F o r e c a s t
8 . 3 P h a r m a c e u t i c a l s
8 . 3 . 1 M a r k e t T r e n d s
Contents 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 H o r t i c u l t u r e
8 . 4 . 1 M a r k e t T r e n d s
8 . 4 . 2 M a r k e t F o r e c a s t
8 . 5 O t h e r s
8 . 5 . 1 M a r k e t T r e n d s
8 . 5 . 2 M a r k e t F o r e c a s t
9 M a r k e t B r e a k u p b y R e g i o n
9 . 1 N o r t h A m e r i c a
9 . 1 . 1 U n i t e d S t a t e s
9 . 1 . 1 . 1 M a r k e t T r e n d s
9 . 1 . 1 . 2 M a r k e t F o r e c a s t
9 . 1 . 2 C a n a d a
9 . 1 . 2 . 1 M a r k e t T r e n d s
9 . 1 . 2 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. im a rcg ro u p . co m / h u m ic - a c i d - m a r ke t / t o c
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