+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Humic Acid Market Analysis, By Type, By End Use, Forecasts To 2027

  • PDF Icon

    Report

  • 263 Pages
  • March 2020
  • Region: Global
  • Reports and Data
  • ID: 5206580
Humic acid application in various industrial uses, coupled with the increasing scale of organic farming, is anticipated to drive demand.

Market Size in 2019 - USD 668.1 million, Market Growth - CAGR of 6.1% over the forecast period, Market Trends - Growing demand from various application

The Global Humic Acid Market size is expected to reach USD 1.06 billion by 2027, according to a new report by Reports and Data. The growing demand for humic acid from various applications, coupled with the increasing adoption of organic farming globally, is a key factor influencing the market growth.

Agricultural countries across the globe have been experimenting with the effect of humic acid on plants. Research shows that soil's ability to plant root growth not only depends on the concentration of nutrients but also on its organic matter content, depth, texture, acidity, and water-retention capacity. Results have shown that humates influence crop yields by improving soil texture, water retention, and nutrient buffering capacity.

Europe is expected to grow at a CAGR of 6.4% in the forecast period. A number of crops and fruits & vegetables, which have been experimented with for measuring the effect of humic acid, are grown on a large scale in Europe. Some of these include tomatoes, grapes, pears, wheat, potatoes, and maize. Humic acid application on these crops is expected to enhance the root-shoot growth and promote microbial activity. Humates are also responsible for enhancing water-retention capacity and absorption of nutrients of plants. Experiments showed that the treatment of grapevines with humic acid led to an increase in plant growth and nitrogen and chlorophyll content in leaves (measured using SPAD values). The size of grapes also increased, thereby increasing total yield.

Further key findings from the report suggest
  • The pharmaceutical segment of the humic acid market is projected to be one of the fastest-growing applications of humic acid. It is anticipated to grow at a CAGR of 5.7% in the forecast period. Peat-based humates have been used for the treatment of gastric, hepatic, and intestinal diseases. Humic acid is also used for musculoskeletal disorders, gynecological issues, and skin problems. The use of humic acid in organic farming will significantly improve the health of consumers across the globe.
  • Europe's humic acid market is projected to grow significantly over the forecast period. Animal feed manufacturers in Europe are also anticipated to take up humic acid as an ingredient. The prevalence of gastrointestinal infections, along with the growing incidence of zoonotic diseases, is likely to lead to an increase in the adoption of humic acid. Adoption of humic acid for producing animal feed is expected to ensure an improved utilization of nutrients in animals, thereby stabilizing the feces consistency of animals.
  • Key participants include Canadian Humalite International, Humic Growth Solutions, Humintech GmbH, Nutri-Tech Solutions, Omnia Specialities, Grow Moreover, AMCOl International, and Jiloca International S.A.
  • Humintech GmbH is a leading player in the humic acid market with a consumer base extending to almost 70 countries. The company has been ranked as the leading technology company for humic acid-based products.

Segments covered in the study:

For the purpose of this report, Reports and Data has segmented the Global Humic Acid Market on the basis of product, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
  • Powdered Form
  • Granular Form

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
  • Agriculture
  • Industrial
  • Animal Feed
  • Pharmaceutical

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
  • North America
  • U.S.
  • Europe
  • Germany
  • U.K.
  • Asia Pacific
  • China
  • India
  • Latin America
  • Brazil
  • Middle East & Africa

Reasons to Buy the Report
  • A robust analysis and estimation of the Humic Acid Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Humic Acid market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

Table of Contents

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
3.1. Macro Indicators
3.1.1. Global consumption of fertilizers
3.1.2. Global fertilizer consumption by crop Product
3.1.3. Contribution of different sectors to global GHG emissions
3.1.4. Total Emissions (N2O) (Synthetic fertilizers) - Region wise
3.1.5. Region-wise area under organic farming
Chapter 4. Humic Acid Market Segmentation & Impact Analysis
4.1. Humic Acid Segmentation Analysis
4.2. Industrial Outlook
4.3. Regulatory Framework
4.4. Humic Acid Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Shift from conventional farming to organic farming
4.4.1.2. Rising awareness towards better plant nutrition
4.4.2. Market restraint analysis
4.4.2.1. Lack of universally accepted standard procedures
4.4.2.2. Limited array of environmental conditions
4.5. Porter’s Five Force Analysis
4.6. PESTEL Analysis
Chapter 5. Humic Acid Market By Product Insights & Trends
5.1. Product Dynamics & Market Share, 2018 & 2026
5.2. Granular Humic Acid
5.2.1. Market estimates and forecast, 2016 - 2026 (USD Million) (Kilo Tons)
5.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million) (Kilo Tons)
5.3. Powdered Humic Acid
5.3.1. Market estimates and forecast, 2016 - 2026 (USD Million) (Kilo Tons)
5.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million) (Kilo Tons)
Chapter 6. Humic Acid Market By Application Insights & Trends
6.1. Application Dynamics & Market Share, 2018 & 2026
6.2. Agriculture
6.2.1. Market estimates and forecast, 2016 - 2026 (USD Million) (Kilo Tons)
6.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million) (Kilo Tons)
6.3. Animal Feed
6.3.1. Market estimates and forecast, 2016 - 2026 (USD Million) (Kilo Tons)
6.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million) (Kilo Tons)
6.4. Industrial
6.4.1. Market estimates and forecast, 2016 - 2026 (USD Million) (Kilo Tons)
6.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million) (Kilo Tons)
6.5. Pharmaceutical
6.5.1. Market estimates and forecast, 2016 - 2026 (USD Million) (Kilo Tons)
6.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million) (Kilo Tons)
6.6. Others
6.6.1. Market estimates and forecast, 2016 - 2026 (USD Million) (Kilo Tons)
6.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million) (Kilo Tons)
Chapter 7. Humic Acid Market Regional Outlook
7.1. Humic Acid Market share by region, 2018 & 2026
7.2. North America
7.2.1. North America Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.2.2. North America Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.2.3. North America Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.2.4. U.S.
7.2.4.1. U.S. Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.2.4.2. Germany Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.2.4.3. U.S. Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.3. Europe
7.3.1. Europe Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.3.2. Europe Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.3.3. Europe Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.3.4. Germany
7.3.4.1. Germany Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.3.4.2. Germany Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.3.4.3. Germany Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.3.5. U.K.
7.3.5.1. U.K. Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.3.5.2. U.K. Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.3.5.3. U.K. Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.3.6. France
7.3.6.1. France Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.3.6.2. France Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.3.6.3. France Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.4. Asia Pacific
7.4.1. Asia Pacific Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.4.2. Asia Pacific Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.4.3. Asia Pacific Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.4.4. China
7.4.4.1. China Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.4.4.2. China Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.4.4.3. China Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.4.5. India
7.4.5.1. India Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.4.5.2. India Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.4.5.3. India Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.4.6. Japan
7.4.6.1. Japan Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.4.6.2. Japan Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.4.6.3. Japan Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.5. Middle East & Africa
7.5.1. MEA Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.5.2. MEA Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.5.3. MEA Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.6. Latin America
7.6.1. Latin America Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.6.2. Latin America Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.6.3. Latin America Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
7.6.4. Brazil
7.6.4.1. Brazil Humic Acid Market estimates and forecast, 2016 - 2026, (USD Million) (Kilo Tons)
7.6.4.2. Brazil Humic Acid Market estimates and forecast By Product, 2016 -2026, (USD Million) (Kilo Tons)
7.6.4.3. Brazil Humic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million) (Kilo Tons)
Chapter 8. Competitive Landscape
8.1. Market Revenue Share by Manufacturers
8.2. Manufacturing Cost Breakdown Analysis
8.3. Mergers & Acquisitions
8.4. Market positioning
8.5. Strategy Benchmarking
8.6. Vendor Landscape
Chapter 9. Company Profiles
9.1. Nutri-Tech Solutions
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Humintech GmbH
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Humic Growth Solutions
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. Omnia Specialities
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Canadian Humalite International
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. Grow More
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Humatech Inc
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. AMCOL International
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9. HCM Agro Products
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. Jiloca Industrial S.A.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
9.11. Xinjiang Double Dragons
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Insights
9.11.4. Strategic Initiatives

Companies Mentioned

  • Nutri-Tech Solutions
  • Humintech GmbH
  • Humic Growth Solutions
  • Omnia Specialities
  • Canadian Humalite International
  • Grow More
  • AMCOl International
  • Jiloca International S.A.