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North America Humic Acid Market Share

Report ID: GMI5173
Published Date: Jan 2022
Report Format: PDF

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North America Humic Acid Market Share

The North America humic acid industry participants are primarily focused on forming strategic partnerships to increase their industry presence and drive their revenue generation. Industry players in the market are involved in product capacity expansion and developing their research & development capabilities to expand their product portfolios. For instance, In July 2020, Black Earth Humic LP acquired Canadian Humalite International. This strategic acquisition has helped the company to provide a more diverse product offering and further enables them to consult with their partners about their soil health solutions.

Various industry players in the North America humic acid market include :

The Anderson Inc
Black Earth Humic LP
Faust Bio-Agricultural Services, Inc
Agriculture Solution, Inc
Humic Growth Solution, Inc
Everwood Farm
Nature’s Lawn & Garden, Inc
Grow More, Inc
Winfield
Organic Approach, LLC
Wilbur-Ellis Company, LLC

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

North America humic acid market is slated to exceed USD 580 million by 2027 and will witness a CAGR of 12.8% from 2021 to 2027 with the shifting focus on organic fertilizers due to rising demand for high quality crops.

Fertilizer segment will record a valuation of over USD 500 million by 2027 with the rising product demand for increasing agricultural production, environmental protection, and soil remediation.

Row crop segment will register a valuation of over USD 350 million by 2027 with the rising consumption of these crops in the region.

The U.S. humic acid industry size will exceed USD 450 million by 2027 with the rising product applications in agriculture sector to boost the overall yield without harming soil fertility.

The major players in the market include The Anderson Inc., Black Earth Humic LP, Faust Bio-Agricultural Services, Inc., Agriculture Solution, Inc. Humic Growth Solution, Inc., Everwood Farm, Nature