Global Humic Acid Market Research and Forecast Report 2022-2027
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Report Description and Highlights Report Description Global Humic Acid Market Research Report: According to the latest report by IMARC Group, titled “Humic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global humic acid market reached a strong growth in 2021. Humic acid (C9H9NO6) refers to a water-soluble organic substance that coagulates when the base extract is acidified. It encapsulates several essential nutrients, including minerals, potassium, phosphorous, vitamins, etc. Furthermore, humic acid is extensively utilized in fertilizer additives for improving crop fertility, enhancing plant growth, preventing soil erosion, and maintaining soil texture, pH level, moisture-holding capacity, etc. As such, it is commercially available in numerous types, including powdered, granular, and liquid forms. Request Free Sample Report: https://www.imarcgroup.com/humic-acid-market/requestsample
Report Description and Highlights Report Description Global Humic Acid Market Trends : The widespread product adoption in horticulture for enhancing the cation-exchange capacity (CEC) and oxygen content of the soil is primarily driving the humic acid market. Additionally, the shifting consumer preferences from chemical fertilizers towards organic variants that enable nutrient absorption without any harmful side effects are further catalyzing the market growth. In line with this, the launch of various favorable policies by government bodies aimed at improving the quantity and quantity of the crop yield and educating the farmers regarding efficient nutrient management is also propelling the global market. Moreover, the increasing utilization of humic acid in animal feed to maintain the overall health of animals and augment milk production is acting as another significant growth-inducing factor. Apart from this, the introduction of bio-stimulants that assist in influencing plant growth by elevating grain yield quality and enhancing their tolerance to abiotic stresses is anticipated to fuel the humic acid market over the forecasted period. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Report Description and Highlights Report Description Market Summary: Breakup by Form: • Powdered • Granular • Liquid Breakup by Sales Channel: • Direct • Indirect Breakup by Application: • Agriculture • Animal Feed • Pharmaceuticals • Horticulture • Others
Report Description and Highlights Report Description Breakup by Region: •North America • United States • Canada •Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others •Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others
Report Description and Highlights Report Description •Latin America • Brazil • Mexico • Others •Middle East and Africa Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • •
Agbest Technology Co. Limited Arctech Inc. Black Earth Humic Cifo Srl Desarrollo Agrícola y Minero S.A. Humic Growth Solutions Inc. Humintech GmbH Jiangxi Pingxiang Anhua Biotechnology Co. Ltd. Jiloca Industrial S.A. (JISA) Saint Humic Acid The Andersons Inc. Xian Shan Yuan Agriculture & Technology Co. Ltd
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