GLOBAL
HUMIC ACID MARKET Market Size (2020)
US$ 623.5 MN
CAGR (2021 – 2027)
11.70% © Coherent Market Insights. All Rights Reserved
Segmentation (Scope) By Application Agriculture Animal Feed Ecological Remediation Dietary Supplements Pharmaceuticals Others © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved
Major Drivers
Increasing adoption of sustainable agriculture across the globe
Surging awareness about benefits associated over usage of humic acid
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EUROPE
ASIA PACIFIC
Market Size
Market Size
US$ 169.6 MN
US$ 273.1 MN
CAGR
CAGR
12.1%
12.5%
Major Driver
Major Driver
Rising adoption of humic acid across pharmaceutical sector
Need for more agricultural yield for catering to the need for increasing population © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved
Major Players Faust Bio-Agricultural Services Changsha Xian Shan Yuan Agriculture LaboratoiresGeomar SAS Humintech Black Earth Humic WinField Solutions Nature’s Lawn & Garden Italpoliina Daymsa Sikko Industries Humic Growth Solutions, Inc. Agbest Technology Koppert B.V. Everwood Farm © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved
Global Humic Acid Market Revenue Share (%), By Application, 2020 52.3%
? ?
?
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Agriculture
Animal Feed
? Ecological Remediation
Dietary Supplements
Pharmaceuticals
Others
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Global Humic Acid Market Opportunity Analysis
Rising usage of humic acid in the organic food industry
Opportunity Analysis
Surging demand of humic acid is for its application pharmaceutical medicine and drugs © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved