World Humic Acid Market Detailed Analysis and Forecasts Growth By 2025
Posted: Jan 11, 2019
Humic acid is an organic compound, naturally occurring in animals, microorganisms, and plants. It is also found in aquatic environments, soil, lignite, and natural water. Humic acid helps plant to receive nutrients and water. In addition, it is an excellent adsorbent of organic contaminants in soils and supports microbial colonization. High humic acid levels are likely to increase yields dramatically. Humic acid is majorly used in agriculture & horticulture, however, recent advanced have fuelled its use in dietary supplements.
The Humic Acid Market has been witnessing significant growth over the past few years owing to, growing awareness about chemical fertilizers, and rise of sustainable agriculture. Furthermore, increase in demand for organic products is anticipated to offer significant growth opportunities in the coming years. However, instability of finished goods quality is expected to restraint the market growth to a certain extent during the forecast period.
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The report provides forecast and analysis of the global humic acid market. It provides market overview of global humic acid market in terms of revenue (in USD Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the humic acid market and their impact on each country during the forecast period.
The Key Players included in the Global Humic Acid Market:
- Wilbur-Ellis Holdings, Inc.
- Saint Humic Acid
- Sikko Industries Ltd.
- National Pesticides & Chemicals
- Grow More Inc
- Natures Lawn & Garden
- Everwood Farm
- Agriculture Solutions LLC.
- XIAN SHAN YUAN.
- Biolchim SPA
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The Humic Acid Market based on the application is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for humic acid in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE.
North America held the largest share of humic acid market owing to factors such as, availability of disposable income rising awareness & adoption of organic products, technological advancements in humic acid manufacture, and the growing preference of humic acid in the agriculture sector. However, Asia Pacific is anticipated to grow at the fastest rate in the coming years due to the increase in popularity of sustainable agriculture, increasing spending on agriculture by Asian counties, and rising adoption of new products in agriculture.
Global Humic Acid Market - by Application
- Dietary Supplements
- Ecological Bioremediation
- Agriculture & Horticulture
Key Features of the Study:
- This report provides in-depth analysis of the Global Humic Acid Market and provides market size in USD Mn and cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2018-2025), 2017 being the base year.
- The report provides insights about factors affecting the market growth.
- It provides historical and forecasts revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
- It highlights the revenue mixes across different segments and points out the investment opportunities for this market.
- It profiles leading players in the Global Humic Acid Market based on the parameters like Company Overview, Financial Performances, Product Portfolio, Geographical Presence, Future Plans, Key Developments, Strategic Alliances, Mergers and Acquisitions.
Table of Contents
The market report includes the following sections:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Global Humic Acid Market by Market Dynamics
Chapter 4: Global Humic Acid Market by Application
4.1 Dietary Supplements
4.2 Ecological Bioremediation
4.3 Agriculture & Horticulture
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