Uploaded on Dec 2, 2021
Humic acid is an ingredient obtained from the biodegradation of organic substances such as soil/ humus, peat, and coal.
Humic Acid Market by manufacturers, regions, type and application, forecast to 2027
Humic Acid Market by manufacturers, regions, type and application, forecast to 2027
Market Overview
Humic acid is an ingredient obtained from the biodegradation of organic substances such as soil/
humus, peat, and coal. It is a complex mixture of various acids from phenolate and carboxyl groups
that can be widely used to provide required nourishment to crops/ plants as well as human beings.
Thus, humic acid is widely being used for a variety of applications in the agricultural and
pharmaceutical sectors.
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Market Dynamics
There has been a shifting inclination of individuals over usage of natural or organic pesticides in
farming. As humic acid is naturally formed by biochemical and molecular mechanisms of waste
materials and is non-toxic, its usage in organic farming and horticulture is gaining traction across
the globe. Moreover, humic acid contains essential phytochemicals such as fatty acids and
hormones and thus assists in cancer treatment. The humic acid assists in the maintaining
electrochemical balance of vital body cells and its humic-fulvic acid assists in improving brain
function among individuals. Thus, humic acid is also being adopted in the production of
pharmaceutical drugs.
Though, an increasing number of substitutes to humic acid such as other carbonates, owing to the
difference in the pH levels is expected to hinder demand for humic acids to some extent. Moreover,
the chance of fumigates production, while reacting with chlorine in the water is further expected to
obstruct the market growth for humic acid in the upcoming years.
Detailed Segmentation:
• Global Humic Acid Market, By Application:
• Agriculture
• Animal Feed
• Ecological Remediation
• Dietary Supplements
• Pharmaceuticals
• Others
• Global Humic Acid Market, By Region:
• North America
• U.S.
By Application:
• Agriculture
• Animal Feed
• Ecological Remediation
• Dietary Supplements
• Pharmaceuticals
• Others
Key companies covered as a part of this study include Faust Bio-Agricultural Services, Humic
Growth Solutions, Inc., Italpoliina S.p.A., LaboratoiresGoemar SAS, Koppert B.V., Sikko
Industries, Black Earth Humic, Changsha Xian Shan Yuan Agriculture, Agbest Technology, Nature's
Lawn & Garden, Humintech, Everwood Farm, Daymsa, and WinField Solutions.
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