
Humic-based Biostimulants Market by Type of Formulation (Liquid, Water-Soluble Granules, Water-Soluble Powders), Type (Fulvic Acid, Humic Acid, Potassium Humate), Mode of Application, Crop Application - Global Forecast 2024-2030
Description
Humic-based Biostimulants Market by Type of Formulation (Liquid, Water-Soluble Granules, Water-Soluble Powders), Type (Fulvic Acid, Humic Acid, Potassium Humate), Mode of Application, Crop Application - Global Forecast 2024-2030
The Humic-based Biostimulants Market size was estimated at USD 840.71 million in 2023 and expected to reach USD 921.76 million in 2024, at a CAGR 10.42% to reach USD 1,683.51 million by 2030.
Global Humic-based Biostimulants Market Humic acid-based biostimulants are increasingly used in agriculture and horticulture to increase crop productivity and improve crop health. Conventional agricultural practices, such as the extensive use of chemical products, including fertilizers and pesticides, adversely impact the environment and human health by gradually increasing water pollution and soil degradation. Therefore, humic-based biostimulants became essential to enhance the sustainability of agricultural production systems by preserving soil fertility and minimizing the adverse environmental impact of current farming practices. However, lack of standardization in the production and labeling issues can hamper the use of humic-based biostimulants by the end-use sectors. The ongoing research & development (R&D) activities and favorable government support for organic farming practices are expected to create lucrative opportunities for the utilization of humic acid-based biostimulants by the agriculture sector worldwide.Regional InsightsEurope, the Middle East, and Africa cover a rapidly growing humic-based biostimulant market due to implementation of favorable government regulations for organic crop production. The ongoing research & development (R&D) activities in biostimulants for specific agricultural requirements and needs have raised the market scope in the region. The rapid shift toward the organic agriculture sector in the American region has increased the adoption of humic-based biostimulants. Moreover, market players have introduced novel humic-based biostimulants in the Americas with a rapid inclination toward sustainable and effective solutions for improving crop yields. These factors have expanded the use of humic-based biostimulants. In the Asia-pacific region, intense agricultural practices, specifically in India and China, have decreased the nutritional content in the soil. As a result, several agricultural authorities, such as Food and Agriculture Organization (FAO), have augmented the need for organic farming practices, which is expected to increase the utilization of humic-based biostimulants in the forecast period.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Humic-based Biostimulants Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Humic-based Biostimulants Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Humic-based Biostimulants Market, highlighting leading vendors and their innovative profiles. These include Advanced Nutrients Ltd., Agritell Private Limited, Bayer AG, BHAGWATI CHEMICALS, Biostadt India Limited, Borregaard AS, Changsha Richfield Agri Tech.,Ltd., Cifo Srl, FMC Corporation, Grower's Secret, Inc., Haifa Group, Hello Nature, Inc., Humic Growth Solutions Inc., HUMINTECH GmbH, Isagro Group by Gowan LLC, Landowner Products Limited, Live Earth Products, Inc., Novihum Technologies GmbH, Novozymes A/S, Omex Group, Peptech Biosciences Ltd., Plant Doctor, Shandong Yihang Import and Export Co. Ltd., Swissgrow AG, Trade Corporation International, S.A., UPL Limited, VALAGRO S.p.A., Yara International ASA, and Zhengzhou Shengda Khumic Biotechnology Co., Ltd..
Market Segmentation & Coverage
This research report categorizes the Humic-based Biostimulants Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type of Formulation
Liquid
Water-Soluble Granules
Water-Soluble Powders
Type
Fulvic Acid
Humic Acid
Potassium Humate
Mode of Application
Basal Dose Application
Drip Irrigation
Foliar Application
Root Dip Treatment
Seed Treatment
Crop Application
Cereals & Millets
Fibre Crops & Sugar Crops
Flowers & Ornamentals
Fruits & Vegetables
Pulses & Oilseeds
Spices & Medicinal Crops
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Humic-based Biostimulants Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Humic-based Biostimulants Market?
3. What are the technology trends and regulatory frameworks in the Humic-based Biostimulants Market?
4. What is the market share of the leading vendors in the Humic-based Biostimulants Market?
5. Which modes and strategic moves are suitable for entering the Humic-based Biostimulants Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Humic-based Biostimulants Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising adoption of biostimulants across agriculture sector with increasing consumption of organic products
- 5.1.1.2. Growing focus on sustainable and effective solutions for improving crop yields
- 5.1.1.3. Increasing incidents of climate change and soil degradation across the globe
- 5.1.2. Restraints
- 5.1.2.1. High costs associated with humic-based biostimulants
- 5.1.3. Opportunities
- 5.1.3.1. Surge in R&D activities for the development of novel humic-based biostimulants
- 5.1.3.2. Government investment and supportive frameworks for organic farming
- 5.1.4. Challenges
- 5.1.4.1. Lack of standardization in the production and labeling of humic-based biostimulants
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Humic-based Biostimulants Market, by Type of Formulation
- 6.1. Introduction
- 6.2. Liquid
- 6.3. Water-Soluble Granules
- 6.4. Water-Soluble Powders
- 7. Humic-based Biostimulants Market, by Type
- 7.1. Introduction
- 7.2. Fulvic Acid
- 7.3. Humic Acid
- 7.4. Potassium Humate
- 8. Humic-based Biostimulants Market, by Mode of Application
- 8.1. Introduction
- 8.2. Basal Dose Application
- 8.3. Drip Irrigation
- 8.4. Foliar Application
- 8.5. Root Dip Treatment
- 8.6. Seed Treatment
- 9. Humic-based Biostimulants Market, by Crop Application
- 9.1. Introduction
- 9.2. Cereals & Millets
- 9.3. Fibre Crops & Sugar Crops
- 9.4. Flowers & Ornamentals
- 9.5. Fruits & Vegetables
- 9.6. Pulses & Oilseeds
- 9.7. Spices & Medicinal Crops
- 10. Americas Humic-based Biostimulants Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Humic-based Biostimulants Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.
- 10. South Korea
- 11.
- 11. Taiwan
- 11.
- 12. Thailand
- 11.
- 13. Vietnam
- 12. Europe, Middle East & Africa Humic-based Biostimulants Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.
- 10. Nigeria
- 12.
- 11. Norway
- 12.
- 12. Poland
- 12.
- 13. Qatar
- 12.
- 14. Russia
- 12.
- 15. Saudi Arabia
- 12.
- 16. South Africa
- 12.
- 17. Spain
- 12.
- 18. Sweden
- 12.
- 19. Switzerland
- 12.
- 20. Turkey
- 12.
- 21. United Arab Emirates
- 12.
- 22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. Sumitomo Chemical Acquires U.S. Biostimulant Business Company to Further Expand its Biorationals Business
- 13.3.2. Agreement, Collaboration, & Partnership
- 13.3.2.1. Yara India signs product marketing agreement with Sea6 Energy to retail Patented Biostimulant ‘AG Boost’ in India
- 13.3.3. Investment & Funding
- 13.3.3.1. Paine Schwartz Makes Strategic Investment in Humic Growth Solutions
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Advanced Nutrients Ltd.
- 14.1.2. Agritell Private Limited
- 14.1.3. Bayer AG
- 14.1.4. BHAGWATI CHEMICALS
- 14.1.5. Biostadt India Limited
- 14.1.6. Borregaard AS
- 14.1.7. Changsha Richfield Agri Tech.,Ltd.
- 14.1.8. Cifo Srl
- 14.1.9. FMC Corporation
- 14.1.
- 10. Grower's Secret, Inc.
- 14.1.
- 11. Haifa Group
- 14.1.
- 12. Hello Nature, Inc.
- 14.1.
- 13. Humic Growth Solutions Inc.
- 14.1.
- 14. HUMINTECH GmbH
- 14.1.
- 15. Isagro Group by Gowan LLC
- 14.1.
- 16. Landowner Products Limited
- 14.1.
- 17. Live Earth Products, Inc.
- 14.1.
- 18. Novihum Technologies GmbH
- 14.1.
- 19. Novozymes A/S
- 14.1.
- 20. Omex Group
- 14.1.
- 21. Peptech Biosciences Ltd.
- 14.1.
- 22. Plant Doctor
- 14.1.
- 23. Shandong Yihang Import and Export Co. Ltd.
- 14.1.
- 24. Swissgrow AG
- 14.1.
- 25. Trade Corporation International, S.A.
- 14.1.
- 26. UPL Limited
- 14.1.
- 27. VALAGRO S.p.A.
- 14.1.
- 28. Yara International ASA
- 14.1.
- 29. Zhengzhou Shengda Khumic Biotechnology Co., Ltd.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. HUMIC-BASED BIOSTIMULANTS MARKET RESEARCH PROCESS
- FIGURE 2. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, 2023 VS 2030
- FIGURE 3. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. HUMIC-BASED BIOSTIMULANTS MARKET DYNAMICS
- FIGURE 7. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE OF FORMULATION, 2023 VS 2030 (%)
- FIGURE 8. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE OF FORMULATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 10. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY MODE OF APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY MODE OF APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 2023 VS 2030 (%)
- FIGURE 14. HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. HUMIC-BASED BIOSTIMULANTS MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. HUMIC-BASED BIOSTIMULANTS MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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