
The Global Humic Acid Market was worth USD 786 Million in 2023. As such, the forecast is that the market is expected to reach USD 2197.22 Million by 2032 with a CAGR of 12.1% from 2024 to 2032.
Humic acids (HA) are organic molecules that play essential roles in improving soil properties, plant growth, and agronomic parameters. The sources of HA include coal, lignite, soils, and organic materials.Humic acid, a dark-colored organic substance found in soil, is gaining traction in various industries. Its ability to improve soil health, enhance nutrient uptake, and promote plant growth is driving market expansion. The agriculture sector, a major consumer, is increasingly adopting humic acid to enhance yields and reduce reliance on chemical fertilizers.
Additionally, applications in animal feed, horticulture, and water treatment are contributing to market growth. Rising awareness of sustainable practices and the need for environmentally friendly solutions are further fueling demand for humic acid. While the market is currently dominated by a few key players, new entrants and innovative applications are expected to reshape the landscape in the coming years.
"Humic Growth Solutions Inc., Arctech Inc., Black Earth Humic LP., Cifo Srl., Desarrollo Agrícola y Minero SA., Humintech., Jiloca Industrial SA., Saint Humic Acid, The Anderson Inc., Xian Shan Yuan, Zhengzhou Shengda Khumic Biotechnology Co. Ltd., Mineral Technologies Inc., Grow More Inc., Agbest Technology Co. Limited., HANS, Foodicine, Agro Bio Chemicals, Joshi Agrochem Pharma Private Limited, Gujarat Aksha Fertilizer Company, Purvraj Agro Industries Pvt. Ltd., Other Active Players."
The Global Humic Acid Market is Segmented into Type, Application, and Region.
Humic Acid Market |
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Base Year: |
2023 |
Forecast Period: |
2024- 2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 786 Mn. |
Forecast Period 2024-32 CAGR: |
12.1% |
Market Size in 2032: |
USD 2197.22 Mn. |
Segments Covered: |
By Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Humic Acid Market by Type
4.1 Humic Acid Market Snapshot and Growth Engine
4.2 Humic Acid Market Overview
4.3 Powdered
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in
The forecast period in the Global Humic Acid Market research report is 2024- 2032.
Humic Growth Solutions Inc., Arctech Inc., Black Earth Humic LP., Cifo Srl., Desarrollo Agrícola y Minero SA., Humintech., Jiloca Industrial SA., Saint Humic Acid, The Anderson Inc., Xian Shan Yuan, Zhengzhou Shengda Khumic Biotechnology Co. Ltd., Mineral Technologies Inc., Grow More Inc., Agbest Technology Co. Limited., HANS, Foodicine, Agro Bio Chemicals, Joshi Agrochem Pharma Private Limited, Gujarat Aksha Fertilizer Company, Purvraj Agro Industries Pvt. Ltd., Other Active Players.
The Humic Acid Market is Segmented into Type, Application, and Region. Type the market is categorized into (Powdered, Granular, and Liquid), Application the market is categorized into (Organic Fertilizer and animal Feed). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Humic acids (HA) are organic molecules that play essential roles in improving soil properties, plant growth, and agronomic parameters. The sources of HA include coal, lignite, soils, and organic materials.
The Global Humic Acid Market was worth USD 786 Million in 2023. As such, the forecast is that the market is expected to reach USD 2197.22 Million by 2032 with a CAGR of 12.1% over the period from 2024 to 2032.