Home > Agriculture > Seed & Soil > Soil Management > Humic Acid Market

Humic Acid Market Trends

Report ID: GMI1517
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Humic Acid Market Trends

The humic acid industry is seeing a rise in trends reflecting its growing importance across various sectors. There is an increasing focus on sustainable agriculture, with more farmers adopting humic acid to enhance soil health and crop productivity. Environmental concerns are driving the use of humic acid in bioremediation to address soil and water pollution. In horticulture, its popularity is growing due to its benefits in improving plant health and yields. Additionally, the rise of natural and organic dietary supplements is boosting demand for humic acid for its potential health benefits. These trends highlight a broadening application base and increasing market interest.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Market size for humic acid was USD 631 million in 2023 and is expected to register over 10.4% CAGR from 2024-2032 owing to its diverse applications across various sectors worldwide.

Humic acid industry from the agriculture segment is expected to reach USD 891.8 million by 2032 due to its critical role in enhancing soil fertility and boosting crop yields.

North America industry is expected to reach USD 570.7 million by 2032 due to its advanced agricultural sector, which emphasizes sustainable practices and soil health in the region.

Agriculture Solutions Inc., Black Earth Humic LP, Biolchim S.p.A., Changsha Xian Shan Yuan Agriculture and Technology Co., Ltd., Daymsa, Everwood Farm, Faust Bio-Agricultural Services, Inc., Grow More, Inc., and Humintech GmbH, are some of the major humic acid companies worldwide.