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. More Info:- https://www.imarcgroup.com/humic-acid-market

1. Global Humic Acid
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Humic Acid Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global humic acid market size reached US$ 658.7 Million in
2023.
Humic acid is a natural organic substance derived from decaying plants and
organic matter over an extended period of time. It is a key component of
humus, which is the dark, organic material found in soil. Humic acid is
characterized by its complex structure and is rich in carbon and other essential
nutrients.
This natural compound plays a pivotal role in soil health and fertility, serving
as a crucial component in improving soil structure, nutrient absorption, and
overall soil quality. Humic acid is typically extracted from sources like peat,
lignite, and leonhardite, and it is available in various forms, including powders,
granules, and liquid solutions.
Request for a PDF sample of this report: https://www.imarcgroup.com/humic-
acid-market/requestsample

4. Report Description
Global Humic Acid Market Trends:
Agricultural practices are increasingly embracing the use of humic acid-based products as a means to enhance soil
structure, water retention, and nutrient uptake, thereby improving crop yields and quality, which is primarily driving the
global market. Humic acid's natural ability to bind with heavy metals and toxins in soil and water makes it a valuable tool
in soil and water treatment processes to mitigate environmental pollution, particularly in industrial and mining areas. In
confluence with this, the surging demand for organic and eco-friendly products across various industries, including
cosmetics, animal feed, and pharmaceuticals, is fueling the expansion of the humic acid market. At the same time, its bio-
stimulant properties and potential health benef its for animals and humans are presenting lucrative opportunities for
market growth. Moreover, ongoing research and development (R&D) activities aimed at optimizing production processes
and developing innovative applications are contributing to the market growth. Concurrent with this, signif icant
technological advancements leading to the development of more efficient and cost-effective humic acid products are
boosting the market growth. Additionally, the increasing awareness regarding the importance of sustainable practices in
agriculture and environmental conservation is positioning humic acid as a crucial component in organic farming as it acts
as a natural soil conditioner and fertilizer, enhancing soil fertility without the use of synthetic chemicals. Furthermore,
the world's steadily increasing population creating an intensif ying need to maximize crop yields to meet the rising food
demands, combined with the versatility of humic acid across multiple sectors, including agriculture, horticulture, and
aquaculture, is strengthening the market growth.
Looking forward, the market value is projected to reach US$ 1,358.1 Million by 2032, expanding at a CAGR
of 8.2% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/humic-acid-market

5. Report
Segmentation
Breakup by Form:
• Powdered
• Granular
• Liquid
Breakup by Sales Channel:
• Direct
• Indirect
Breakup by Application:
• Agriculture
• Animal Feed
• Pharmaceuticals
• Horticulture
• Others

6. Report
Segmentation
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. 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 PingxiangAnhua Biotechnology Co. Ltd.
• Jiloca Industrial S.A. (JISA)
• Saint Humic Acid
• The Andersons Inc.
• Xian Shan Yuan Agriculture & Technology Co. Ltd.

8. Key Questions
Answered in
the Report
What was the size of the global humic acid
market in 2023?
What is the expected growth rate of the
global humic acid market during 2024-2032?
What has been the impact of COVID-19 on
the global humic acid market?
What are the key factors driving the global
humic acid market?
What is the breakup of the global humic acid
market based on the application?
What are the key regions in the global humic
acid market?
Who are the key players/companies in the
global humic acid market?

9. 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 Mark et Forecast
6.2 Granular
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Liquid
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
7 Market Breakup by Sales Channel

10. Table of
Contents
7.1 Direct
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Indirect
7.2.1 Mark et Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Agriculture
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Animal Feed
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Pharmaceuticals
8.3.1 Market Trends
8.3.2 Mark et Forecast
8.4 Horticulture
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
8.5 Others
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Mark et Trends
9.1.1.2 Mark et Forecast
9.1.2 Canada
9.1.2.1 Mark et Trends
9.1.2.2 Mark et Forecast
For more information, visit :
https://www.imarcgroup.com/humic -acid-market/toc

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