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市場調查報告書
商品編碼
1518588

2024-2032 年腐植酸市場報告(按形式(粉末、顆粒、液體)、銷售管道(直接、間接)、應用(農業、動物飼料、藥品、園藝等)和地區)

Humic Acid Market Report by Form (Powdered, Granular, Liquid), Sales Channel (Direct, Indirect), Application (Agriculture, Animal Feed, Pharmaceuticals, Horticulture, and Others), and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 139 Pages | 商品交期: 2-3個工作天內

價格

IMARC Group年,全球腐植酸市場規模達到6.587億美元。由於提高農業生產力的需求日益成長、對化學污染、土壤退化和傳統農產品對環境影響的日益關注以及對土壤修復的日益關注,該市場正在經歷穩定成長。

腐植酸市場分析:

主要市場促進因素:由於對永續農業的日益關注以及對土壤修復解決方案的需求不斷增加,市場正在強勁成長。

主要市場趨勢:根據特定應用和作物量身定做的創新腐植酸配方的推出正在促進市場成長。這些進步提高了腐植酸產品的功效和可用性。

地理趨勢:在食品需求不斷成長和人口不斷成長的推動下,亞太地區引領市場。然而,由於人們越來越關注農作物產量最大化,北美正在成為一個快速成長的市場。

競爭格局:腐植酸產業的一些主要市場參與者包括Agbest Technology Co. Limited、Arctech Inc.、Black Earth Humic、Cifo Srl、Desarrollo Agricola y Minero SA、Humic Growth Solutions Inc.、Humintech GmbH、江西萍鄉安華生物科技有限公司Co. Ltd、Jiloca Industrial SA (JISA)、Saint Humic Acid、The Andersons Inc. 和仙山源農業科技有限公司等。

挑戰與機會:雖然市場面臨挑戰,例如需要穩定的產品質量,但它也遇到了食品安全問題日益嚴重的機會。

腐植酸市場趨勢:

提高農業生產力的需求日益成長

鑑於全球人口和糧食需求的不斷成長,對腐植酸的需求不斷增加,以永續地提高農業生產力,這有助於改善腐植酸的市場前景。例如,目前法國農業用地總面積為 2,800 萬公頃 (ha),約佔其國土面積的一半,預計未來幾年這一數字還會增加。與此一致,腐植酸可作為天然土壤改良劑,有助於改善土壤結構和養分保持能力。它還刺激土壤中有益的微生物活性,從而使植物更好地吸收必需養分,從而提高作物產量。因此,農民和種植者正在將腐植酸產品納入他們的農業實踐中,以實現更高的產量、改善作物品質並減少對化學肥料的依賴。例如,2023 年 2 月,Andersons Inc. 推出了 MicroMark DG Humic,這是一個新的顆粒微量營養素肥料系列,其中包含鈣、錳、硫、鋅和腐植酸的組合。

環境問題日益嚴重

由於環保意識的增強,對腐植酸的需求不斷成長,這提供了積極的市場前景。同時,人們對化學污染、土壤退化和傳統農產品對環境影響的日益關注正在推動市場的成長。例如,根據有機農業世界的統計,估計有 187 個國家實行有機農業,有機耕地面積達 72.3 公頃。此外,人們對永續和環保做法的日益偏好正在推動市場成長。腐植酸符合這些問題,因為它是一種天然存在的有機物質,從而有利於其在有機和再生農業系統中的生長。例如,2022年2月,GSFC推出了Urban Sardar,這是一種含有腐植酸、礦物質和維生素的城市園藝肥料。此外,政府對促進永續農業的支持和激勵也是另一個促進成長的因素。例如,2022年3月,美國農業部(USDA)宣布計畫投資2.5億美元增加該地區化肥產量,包括腐植酸和水溶性肥料,為農民提供更多永續肥料的選擇。

日益關注土壤修復

由於土壤污染和退化的加劇,對土壤修復的需求不斷成長,對市場產生了積極影響。此外,腐植酸在清理污染土壤方面發揮關鍵作用。除此之外,土壤中的重金屬、毒素和污染物對環境和人類健康構成重大威脅。此外,腐植酸可以與這些污染物結合,固定它們並降低它們的流動性和生物利用度。例如,2022年7月,Performance Nutrition推出了NutriWise品牌,這是一種含有3%腐殖酸的水溶性粉末和顆粒肥料。此外,腐植酸可以透過恢復污染土壤的自然結構和微生物活性來改善其整體健康狀況。此外,管理和環境機構越來越認知到腐植酸在土壤清理工作中的潛力,這支持了市場的成長。例如,2023年10月,Progressive Planet Solutions Inc.推出了天然土壤調理劑CARBO Ca,計劃在多達1,355英畝的土地上施用,進一步減少化肥的使用。 CARBO Ca 是一種商業機密的有機材料組合,可豐富土壤中的鈣、碳(腐植質)、腐植酸和黃腐酸。

腐植酸市場細分:

IMARC Group提供了每個細分市場的主要趨勢分析,以及 2024-2032 年全球、區域和國家層面的預測。我們的報告根據形式、銷售管道和應用對市場進行了分類。

按形式分類:

粉狀

顆粒狀

液體

該報告根據表格提供了詳細的市場細分和分析。這包括粉末狀、顆粒狀和液體。

粉狀腐植酸因其易於使用而成為農業中流行的形式。它可以很容易地與土壤、肥料或其他投入物混合。此外,它通常優先用於土壤調理和作為種子處理以提高發芽率。粉狀腐植酸也用於生產用於園藝和景觀美化的腐植酸產品。

顆粒腐植酸通常用於長期土壤改良。它直接施用於土壤並隨著時間的推移逐漸釋放腐殖質。它在需要緩慢釋放腐植酸的應用中受到青睞,例如草坪管理、高爾夫球場和大規模農業作業。除此之外,顆粒形式適合有機農業實踐。

液體腐植酸用途廣泛,易於透過灌溉系統或葉面噴霧施用。由於其液體形式,它可以使植物快速吸收養分,使其適合作物營養和壓力管理。液體腐植酸也用於水耕和魚菜共生系統。它可以與其他液體肥料和農業化學品混合以實現客製化應用。例如,NTS 液體腐殖質是 Nutri-Tech Solutions Pty Ltd 提供的豐富的深棕色液體腐植酸。此外,北美由於其化肥生產規模較大,在腐植酸水溶性肥料市場中佔有重要佔有率。根據世界銀行收集的發展指標,2021年美國化肥使用量(佔化肥產量的百分比)為112%。

按銷售管道分類:

直接的

間接

報告還提供了基於銷售管道的詳細市場細分和分析。這包括直接和間接。

直銷是指製造商或生產商將腐植酸產品直接銷售給最終用戶,如農民、農業合作社和規模化種植者。製造商通常會建立自己的銷售團隊或利用線上平台直接聯繫買家。直銷可以讓製造商和最終用戶之間更好地溝通,提供產品資訊、技術支援和客製化解決方案。該通路通常用於批量訂單和客製化產品配方,以滿足特定的農業需求。

間接銷售涉及製造商和最終用戶之間的中間商或分銷網路。這些中間商可以包括經銷商、零售商、農產品商店和當地經銷商。間接管道透過在一處提供多種農產品為買家提供便利。他們還提供本地化支援和更快的產品存取。此管道通常用於小規模購買,例如個體園丁或小規模農民的購買。

按應用分類:

農業

動物飼料

藥品

園藝

其他

農業是主要的細分市場

該報告根據應用程式提供了詳細的市場細分和分析。這包括農業、動物飼料、製藥、園藝等。報告稱,農業佔最大部分。

腐植酸在農業領域的使用不斷增加,以改善土壤健康,增強植物對養分的吸收,並提高作物產量,這有助於市場的成長。據此,腐植酸直接施用於土壤或與肥料混合以提高其有效性。它通常用於傳統和有機農業實踐中,以促進永續農業。例如,根據美國農業部國家農業統計局(NASS)的報告,全國接受調查的生產者計劃在2023年種植玉米9,200萬英畝,比前一年增加4%。

按地區分類:

北美洲

美國

加拿大

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

亞太地區

中國

日本

印度

韓國

澳洲

印尼

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

亞太地區引領市場,佔據最大的腐植酸市場佔有率

該報告還對所有主要區域市場進行了全面分析,其中包括北美(美國和加拿大);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);亞太地區(中國、日本、印度、韓國、澳洲、印尼等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。報告稱,亞太地區是腐植酸最大的區域市場。

由於大眾對食品的需求不斷成長,亞太地區佔據了最大的市場佔有率。與此一致的是,對提高產量和改善土壤品質的日益關注正在促進市場的成長。此外,快速工業化導致土壤污染和退化,使土壤修復成為一個重要議題。此外,恢復土壤健康對腐植酸的需求不斷增加正在推動市場成長。例如,根據有機農業研究所和國際有機農業運動聯合會(IFOAM)2022年進行的一項調查,印度排名全球第五大有機食品生產國,有機食品種植面積達260萬公頃。此外,《2022-2023年經濟調查》提到,印度擁有443萬有機農民,位居世界第一。此外,亞洲國家政府正在提供激勵措施,鼓勵農民在該地區採用永續農業實踐。例如,日本農林水產省制定了到2050年將化肥和農藥的使用量分別限制在30%和50%的目標。

競爭格局:

市場研究報告也對市場競爭格局進行了全面分析。也提供了所有主要公司的詳細資料。腐植酸產業的一些主要市場參與者包括 Agbest Technology Co. Limited、Arctech Inc.、Black Earth Humic、Cifo Srl、Desarrollo Agricola y Minero SA、Humic Growth Solutions Inc.、Humintech GmbH、江西萍鄉安華生物科技有限公司.、Jiloca Industrial SA (JISA)、Saint Humic Acid、The Andersons Inc. 和仙山源農業科技有限公司等。

(請注意,這只是關鍵參與者的部分列表,報告中提供了完整列表。)

市場主要參與者正在投資研發 (R&D) 活動,以開發創新的腐植酸配方,包括新產品類型、應用方法以及適合特定作物類型和土壤條件的混合物。此外,該公司正在擴大其產品組合,提供各種腐植酸產品,包括粉末、顆粒和液體製劑。這種多元化使他們能夠服務更廣泛的消費者群體,並滿足不同的農業和園藝需求。此外,主要製造商正在確保產品的高品質和一致性,並實施嚴格的品質控制措施來維持產品標準,這促進了市場的成長。例如,2022年9月,Paine Schwartz Partners宣布透過Paine Schwartz Food Chain Fund VI(「Fund VI」)成功完成對Humic Growth Solutions Inc.的策略性投資。

腐植酸市場新聞:

2023 年 2 月:Andersons Inc. 推出了品牌為 MicroMark(R) DG 的新顆粒微量營養素系列。這些工程植物營養產品採用分散顆粒 (DG) 技術,產生均勻的球狀顆粒,更容易混合、鋪展,最重要的是提高功效。 MicroMark DGB 是鈣、硫、硼、錳和鋅的混合物。 MicroMark DG Humic 是鈣、硫、錳和鋅的獨特混合物。它還含有腐植酸,一種微量營養素的天然螯合劑。

2022 年 9 月:Humic Growth Solutions Inc. 是一家領先的腐植酸產品開發商,在美國和加拿大擁有強大的製造業務,並獲得 Paine Schwartz Partners 的第二筆策略投資。這將使腐殖質成長解決方案能夠增強其領先業界的能力,提供最高品質的產品,並幫助為再生和永續農業解決方案鋪平道路。

本報告回答的關鍵問題

  • 2023年全球腐植酸市場規模是多少
  • 2024-2032年全球腐植酸市場預計成長率是多少
  • COVID-19對全球腐植酸市場有何影響
  • 推動全球腐植酸市場的關鍵因素是什麼
  • 從應用來看,全球腐植酸市場的細分如何
  • 全球腐植酸市場的重點區域有哪些
  • 誰是全球腐植酸市場的主要參與者/公司

本報告回答的關鍵問題

  • 2023年全球腐植酸市場規模有多大?
  • 2024-2032年全球腐植酸市場的預期成長率是多少?
  • COVID-19 對全球腐植酸市場有何影響?
  • 推動全球腐植酸市場的關鍵因素是什麼?
  • 根據應用,全球腐植酸市場的細分如何?
  • 全球腐植酸市場的重點區域有哪些?
  • 全球腐植酸市場的主要參與者/公司有哪些?

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球腐植酸市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章:市場區隔:依形式

  • 粉狀
    • 市場走向
    • 市場預測
  • 顆粒狀
    • 市場走向
    • 市場預測
  • 液體
    • 市場走向
    • 市場預測

第 7 章:市場區隔:依銷售管道

  • 直接的
    • 市場走向
    • 市場預測
  • 間接
    • 市場走向
    • 市場預測

第 8 章:市場區隔:按應用

  • 農業
    • 市場走向
    • 市場預測
  • 動物飼料
    • 市場走向
    • 市場預測
  • 藥品
    • 市場走向
    • 市場預測
  • 園藝
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 9 章:市場區隔:按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場走向
    • 市場細分:按國家/地區
    • 市場預測

第 10 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章:價值鏈分析

第 12 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章:價格分析

第14章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Agbest Technology Co. Limited
    • Arctech Inc.
    • Black Earth Humic
    • Cifo Srl
    • Desarrollo Agricola y Minero SA
    • Humic Growth Solutions Inc.
    • Humintech GmbH
    • Jiangxi PingxiangAnhua Biotechnology Co. Ltd.
    • Jiloca Industrial SA (JISA)
    • Saint Humic Acid
    • The Andersons Inc.
    • Xian Shan Yuan Agriculture & Technology Co. Ltd.
Product Code: SR112024A5035

The global humic acid market size reached US$ 658.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,358.1 Million by 2032, exhibiting a growth rate (CAGR) of 8.2% during 2024-2032. The market is experiencing steady growth driven by the growing need to enhance agricultural productivity, rising concerns about chemical pollution, soil degradation and environmental impact of conventional agriculture products, and increasing focus on soil remediation.

Humic Acid Market Analysis:

Major Market Drivers: The market is witnessing strong growth, driven by the rising focus on sustainable agriculture, along with the increasing need for soil remediation solutions.

Key Market Trends: The introduction of innovative humic acid formulations tailored as per specific applications and crops are facilitating the market growth. These advancements enhance the efficacy and usability of humic acid-based products.

Geographical Trends: Asia Pacific leads the market, driven by the rising demand for food products and increasing population. However, North America is emerging as a fast-growing market on account of the increasing focus on maximizing crop yields.

Competitive Landscape: Some of the major market players in the humic acid industry include Agbest Technology Co. Limited, Arctech Inc., Black Earth Humic, Cifo Srl, Desarrollo Agricola y Minero S.A., Humic Growth Solutions Inc., Humintech GmbH, Jiangxi PingxiangAnhua Biotechnology Co. Ltd., Jiloca Industrial S.A. (JISA), Saint Humic Acid, The Andersons Inc., and Xian Shan Yuan Agriculture & Technology Co. Ltd., among many others.

Challenges and Opportunities: While the market faces challenges, such as the need for consistent product quality, it also encounters opportunities in rising food security concerns.

Humic Acid Market Trends:

Growing need to enhance agricultural productivity

The increasing demand for humic acid to sustainably enhance agricultural productivity, given the rising global population and food demand, is contributing to the humic acid market outlook. For instance, currently, the total agricultural land in France accounts for 28 million hectares (ha), about half of its territory and this number is expected to rise in the coming years. In line with this, humic acid acts as a natural soil conditioner that assists in improving soil structure and nutrient-holding capacity. It also stimulates beneficial microbial activity in soil, which, in turn, enables better absorption of essential nutrients by plants, leading to increased crop yields. As a result, farmers and growers are incorporating humic acid-based products into their agricultural practices to achieve higher yields, improve crop quality, and reduce the reliance on chemical fertilizers. For instance, in February 2023, the Andersons Inc. introduced MicroMark DG Humic, a new line of granular micronutrient fertilizer which includes a combination of calcium, manganese, sulfur, zinc, and humic acid.

Rising environmental concerns

The growing demand for humic acid on account of the increasing environmental consciousness is offering a positive market outlook. In line with this, rising concerns over chemical pollution, soil degradation, and the environmental impact of conventional agriculture products are propelling the growth of the market. For instance, according to the World of Organic Agriculture, it is estimated that organic farming is practiced in 187 countries with 72.3 ha of agricultural land cultivated organically. Moreover, increasing preferences for sustainable and eco-friendly practices are bolstering the market growth. Humic acid aligns with these concerns as it is a naturally occurring organic substance, thereby favoring its growth in organic and regenerative farming systems. For example, in February 2022, GSFC launched Urban Sardar, a fertilizer for urban gardening containing humic acid, minerals, and vitamins. Besides, government support and incentives for promoting sustainable agriculture is acting as another growth-inducing factor. For instance, in March 2022, the U.S. Department of Agriculture (USDA) announced its plan to invest $250 million to increase fertilizer production, including humic acid and water-soluble fertilizers, in the region, providing farmers an enhanced choice in sustainable fertilizers.

Increasing focus on soil remediation

The growing demand for soil remediation due to the increasing soil pollution and degradation is positively influencing the market. In addition, humic acid plays a pivotal role in cleaning up contaminated soils. Besides this, heavy metals, toxins, and pollutants in the soil pose a significant threat to environmental and human health. Additionally, humic acid can bind with these contaminants, immobilizing them and reducing their mobility and bioavailability. For instance, in July 2022, Performance Nutrition launched the NutriWise brand, a water-soluble powder and granular fertilizer with 3% humic acids. Furthermore, humic acid can improve the overall health of polluted soils by restoring their natural structure and microbial activity. Moreover, governing and environmental agencies are increasingly recognizing the potential of humic acid in soil cleanup efforts, which is supporting the market growth. For example, in October 2023, Progressive Planet Solutions Inc. unveiled CARBO Ca, a natural soil conditioner that is planned to be applied on up to 1,355 acres of land, further reducing chemical fertilizer applications. CARBO Ca is a trade-secret combination of organic materials that enriches soil with calcium, carbon (humin), humic acid, and fulvic acid.

Humic Acid Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on form, sales channel, and application.

Breakup by Form:

Powdered

Granular

Liquid

The report has provided a detailed breakup and analysis of the market based on the form. This includes powdered, granular, and liquid.

Powdered humic acid is a popular form in agriculture due to its ease of application. It can be easily mixed with soil, fertilizers, or other inputs. In addition, it is often preferred for soil conditioning and as a seed treatment to enhance germination rates. Powdered humic acid is also used in the production of humic acid-based products for gardening and landscaping.

Granular humic acid is commonly used for long-term soil improvement. It is applied directly to the soil and gradually releases humic substances over time. It is favored in applications where a slow release of humic acid is desired, such as in turf management, golf courses, and large-scale agricultural operations. Besides this, granular forms are suitable for organic farming practices.

Liquid humic acid is versatile and easy to apply through irrigation systems or as foliar sprays. It offers rapid nutrient uptake by plants due to its liquid form, making it suitable for crop nutrition and stress management. Liquid humic acid is also utilized in hydroponics and aquaponics systems. It can be blended with other liquid fertilizers and agrochemicals for customized applications. For example, NTS Liquid Humus is a rich, dark brown liquid humic acid offered by Nutri-Tech Solutions Pty Ltd. The product is produced from potassium humates, which can be used as a fertilizer. Moreover, North America held a significant share of the humic acid water-soluble fertilizers market due to its large-scale fertilizer production. According to the World Bank's collection of development indicators, the United States fertilizer use (as a % of fertilizer production) was 112% in 2021.

Breakup by Sales Channel:

Direct

Indirect

A detailed breakup and analysis of the market based on the sales channel have also been provided in the report. This includes direct and indirect.

Direct sales involve the manufacturer or producer selling humic acid products directly to end-users, such as farmers, agricultural cooperatives, and large-scale growers. Manufacturers often establish their sales teams or utilize online platforms to directly reach out to their buyers. Direct sales allow for better communication between manufacturers and end-users, providing product information, technical support, and tailored solutions. This channel is commonly used for bulk orders and customized product formulations to meet specific agricultural needs.

Indirect sales involve intermediaries or distribution networks between the manufacturer and end-users. These intermediaries can include distributors, retailers, agricultural supply stores, and local dealers. Indirect channels provide convenience to buyers by offering a wide range of agricultural products in one place. They also offer localized support and faster access to products. This channel is often used for smaller-scale purchases, such as by individual gardeners or small-scale farmers.

Breakup by Application:

Agriculture

Animal Feed

Pharmaceuticals

Horticulture

Others

Agriculture represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes agriculture, animal feed, pharmaceuticals, horticulture, and others. According to the report, agriculture represented the largest segment.

The rising employment of humic acid in the agriculture sector to improve soil health, enhance nutrient uptake by plants, and increase crop yields is contributing to the market growth. In line with this, humic acid is applied directly to the soil or mixed with fertilizers to enhance their effectiveness. It is commonly used in both conventional and organic farming practices to promote sustainable agriculture. For example, according to a report by the USDA's National Agricultural Statistics Service (NASS), producers surveyed across the country plan to plant 92.0 million acres of maize in 2023, a rise of 4% from the previous year.

Breakup by Region:

North America

United States

Canada

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific leads the market, accounting for the largest humic acid market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for humic acid.

Asia Pacific accounted for the largest market share due to the rising demand for food products among the masses. In line with this, the increasing focus on enhancing yields and improving soil quality is bolstering the growth of the market. Moreover, rapid industrialization is leading to soil pollution and degradation, making soil remediation a critical concern. Furthermore, the escalating demand for humic acid to restore soil health is propelling the market growth. For instance, according to a 2022 survey performed by the Research Institute of Organic Agriculture and International Federation of Organic Agriculture Movements (IFOAM), India ranked the fifth largest organic food producer globally with organic food being cultivated on 2.6 Mn hectares. Moreover, the Economic Survey 2022-2023 mentions that India has 4.43 Mn organic farmers, the highest in the world. Besides, governments of Asian countries are providing incentives for encouraging farmers to adopt sustainable agricultural practices in the region. For instance, Japan's agricultural ministry has set a goal to limit the use of chemical fertilizers and pesticides by 30% and 50%, respectively, by 2050. Simultaneously, they are increasing the total farmland allocated for organic agriculture to 25%.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the Humic Acid industry include Agbest Technology Co. Limited, Arctech Inc., Black Earth Humic, Cifo Srl, Desarrollo Agricola y Minero S.A., Humic Growth Solutions Inc., Humintech GmbH, Jiangxi PingxiangAnhua Biotechnology Co. Ltd., Jiloca Industrial S.A. (JISA), Saint Humic Acid, The Andersons Inc., and Xian Shan Yuan Agriculture & Technology Co. Ltd., among many others.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Key players in the market are investing in research and development (R&D) activities to develop innovative humic acid formulations, including new product types, application methods, and blends that cater to specific crop types and soil conditions. In addition, companies are expanding their product portfolios to offer a variety of humic acid-based products, including powders, granules, and liquid formulations. This diversification allows them to serve a broader consumer base and cater to different agricultural and horticultural needs. Furthermore, major manufacturers are ensuring high product quality and consistency and are implementing stringent quality control measures to maintain product standards, which is bolstering the market growth. For instance, in September 2022, Paine Schwartz Partners declared that it had successfully closed a strategic investment in Humic Growth Solutions Inc. through Paine Schwartz Food Chain Fund VI ("Fund VI").

Humic Acid Market News:

February, 2023: The Andersons Inc. launched of a new line of granular micronutrients branded MicroMark(R) DG. These engineered plant nutrient products feature dispersing granule (DG) technology, resulting in homogenous spherical granules for easier blending, spreading, and most importantly increased efficacy. MicroMark DG B is a blend of calcium, sulfur, boron, manganese, and zinc. MicroMark DG Humic is a unique blend of calcium, sulfur, manganese, and zinc. It also includes humic acid, a natural chelator of micronutrients.

September, 2022: Humic Growth Solutions Inc., a leading developer of humic acid products with a strong manufacturing presence in the United States and Canada received a second strategic investment from Paine Schwartz Partners. This will allow Humic Growth Solutions to enhance its industry-leading capabilities, deliver the highest quality products, and help pave the way for regenerative and sustainable agriculture solutions.

Key Questions Answered in This Report

  • 1. What was the size of the global humic acid market in 2023?
  • 2. What is the expected growth rate of the global humic acid market during 2024-2032?
  • 3. What has been the impact of COVID-19 on the global humic acid market?
  • 4. What are the key factors driving the global humic acid market?
  • 5. What is the breakup of the global humic acid market based on the application?
  • 6. What are the key regions in the global humic acid market?
  • 7. Who are the key players/companies in the global humic acid market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Humic Acid Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Form

  • 6.1 Powdered
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Granular
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Liquid
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Sales Channel

  • 7.1 Direct
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Indirect
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Agriculture
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Animal Feed
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Pharmaceuticals
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Horticulture
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Agbest Technology Co. Limited
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Arctech Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Black Earth Humic
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Cifo Srl
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Desarrollo Agricola y Minero S.A.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Humic Growth Solutions Inc.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Humintech GmbH
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Jiangxi PingxiangAnhua Biotechnology Co. Ltd.
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Jiloca Industrial S.A. (JISA)
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Saint Humic Acid
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 The Andersons Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis
    • 14.3.12 Xian Shan Yuan Agriculture & Technology Co. Ltd.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: Humic Acid Market: Major Drivers and Challenges
  • Figure 2: Global: Humic Acid Market: Sales Value (in Million US$), 2018-2023
  • Figure 3: Global: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 4: Global: Humic Acid Market: Breakup by Form (in %), 2023
  • Figure 5: Global: Humic Acid Market: Breakup by Sales Channel (in %), 2023
  • Figure 6: Global: Humic Acid Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Humic Acid Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Humic Acid (Powdered) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Humic Acid (Powdered) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Humic Acid (Granular) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Humic Acid (Granular) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Humic Acid (Liquid) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Humic Acid (Liquid) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Humic Acid (Direct) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Humic Acid (Direct) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Humic Acid (Indirect) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Humic Acid (Indirect) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Humic Acid (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Humic Acid (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Humic Acid (Animal Feed) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Humic Acid (Animal Feed) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Humic Acid (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Humic Acid (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Humic Acid (Horticulture) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Humic Acid (Horticulture) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Humic Acid (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Humic Acid (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: North America: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: North America: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: United States: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: United States: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Canada: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Canada: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Asia-Pacific: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Asia-Pacific: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: China: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: China: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Japan: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Japan: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: India: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: India: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: South Korea: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: South Korea: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Australia: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Australia: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Indonesia: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Indonesia: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Others: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Others: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Europe: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Europe: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Germany: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Germany: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: France: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: France: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: United Kingdom: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: United Kingdom: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Italy: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Italy: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Spain: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Spain: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Russia: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Russia: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Others: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Others: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Latin America: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Latin America: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Brazil: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Brazil: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Mexico: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Mexico: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Others: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Others: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Middle East and Africa: Humic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Middle East and Africa: Humic Acid Market: Breakup by Country (in %), 2023
  • Figure 76: Middle East and Africa: Humic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Global: Humic Acid Industry: SWOT Analysis
  • Figure 78: Global: Humic Acid Industry: Value Chain Analysis
  • Figure 79: Global: Humic Acid Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Humic Acid Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Humic Acid Market Forecast: Breakup by Form (in Million US$), 2024-2032
  • Table 3: Global: Humic Acid Market Forecast: Breakup by Sales Channel (in Million US$), 2024-2032
  • Table 4: Global: Humic Acid Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Humic Acid Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Humic Acid Market: Competitive Structure
  • Table 7: Global: Humic Acid Market: Key Players