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Global Humic Acid Market 2017-2021

Global Humic Acid Market 2017-2021

About Humic Acid

Humic acid is an organically formed acid and is rich in nitrogen, carbon, hydrogen, sulfur, and other essential elements. It improves the water intake capacity in plants. It is widely used in the agriculture segment to increase the yield of crops and enhance nutritional value. Humic acid is used as a supplement in agriculture, horticulture, and dietary applications. It is used in skin products to cure various skin problems. It is also used in bioremediation.

Technavio’s analysts forecast the global humic acid market to grow at a CAGR of 12.45% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global humic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Humic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Biolchim
  • Humic Growth Solutions
  • Humintech
  • Jiloca Industrial
  • Omnia Holdings
Other prominent vendors
  • ARIHANT BIO FERTICHEM
  • Black Earth Humic
  • Faust Bio-Agricultural Services
  • HCM AGRO PRODUCTS
  • Horizon Ag-Products
  • Minerals Technologies
  • National Pesticides & Chemicals
  • Nature's Lawn & Garden
  • Nutri-Tech Solutions
  • Saint Humic Acid
  • Shandong Chuangxin Humic Acid Technology
  • Sikko Industries
  • The Andersons
  • Wilbur-Ellis Holdings
  • WinField Solutions
Market driver
  • Growing demand for organic food
  • For a full, detailed list, view our report
Market challenge
  • Inconsistency in quality
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for green fertilizers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Humic Acid Market 2017-2021

Technavio recognizes the following companies as the key players in the global humic acid market: Biolchim, Humic Growth Solutions, Humintech, Jiloca Industrial, and Omnia Holdings.

Other Prominent Vendors in the market are: ARIHANT BIO FERTICHEM, Black Earth Humic, Faust Bio-Agricultural Services, HCM AGRO PRODUCTS, Horizon Ag-Products, Minerals Technologies, National Pesticides & Chemicals, Nature's Lawn & Garden, Nutri-Tech Solutions, Saint Humic Acid, Shandong Chuangxin Humic Acid Technology, Sikko Industries, The Andersons, Wilbur-Ellis Holdings, and WinField Solutions.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing demand for green fertilizers. The growth in the agriculture industry to meet the demand for food production for the growing population is expected to propel the market growth for humic acid. Increasing awareness about harmful effects of synthetic fertilizers, inorganic chemical compounds, and artificial compounds in developed countries is likely to increase the demand for organic compounds like humic acid and fulvic acid.”

According to the report, one driver in the market is growing demand for organic food. The increasing awareness about healthy food consumption and its impact on metabolic, physical, chemical, and biological activities have accelerated the growth of the global humic acid market. Growing concerns about organic food and healthy lifestyle have reduced the use of synthetic fertilizers to a large extent. Through the process of foliar application and soil treatment, the porous nature of the soil is enhanced to trap the nutrients and increase the holding capacity of beneficial nutrients.

Further, the report states that one challenge in the market is inconsistency in quality. The quality of humic acid depends upon the composition percentage of nitrogen, hydrogen, potassium, sulfur, and other nutrients. The molecular weight plays a prominent role in delivering the results. The quality depends on the concentration and the form in which it is used. For agriculture purpose, a liquid-based water-soluble form of humic acid gives the best result. The form varies with the type of soil and the cycle of plant stage. In general, the quality of humic acid is high when organically derived from humate matter through the process of wet-chemistry.

Companies Mentioned

Biolchim, Humic Growth Solutions, Humintech, Jiloca Industrial, and Omnia Holdings, ARIHANT BIO FERTICHEM, Black Earth Humic, Faust Bio-Agricultural Services, HCM AGRO PRODUCTS, Horizon Ag-Products, Minerals Technologies, National Pesticides & Chemicals, Nature's Lawn & Garden, Nutri-Tech Solutions, Saint Humic Acid, Shandong Chuangxin Humic Acid Technology, Sikko Industries, The Andersons, Wilbur-Ellis Holdings, and WinField Solutions.

  • Executive Summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Segmentation of global humic acid market
    • Global humic acid market
      • Table Global humic acid market 2016-2021 ($ millions)
      • Table Forecast: Global humic acid market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global humic acid market by application
      • Table Global humic acid market by application 2016 (%)
      • Table Global humic acid market by application 2021 (%)
      • Table Global humic acid market by application 2016 and 2021
    • Global humic acid market in agriculture
      • Table Global humic acid market in agriculture 2016 and 2021 ($ millions)
      • Table Forecast: Global humic acid market in agriculture 2016-2021
    • Global humic acid market in horticulture
      • Table Global humic acid market in horticulture 2016 and 2021 ($ millions)
      • Table Forecast: Global humic acid market in horticulture 2016-2021
    • Global humic acid market in dietary applications
      • Table Global humic acid market in dietary applications 2016 and 2021 ($ millions)
      • Table Forecast: Global humic acid market in dietary applications 2016-2021
    • Global humic acid market in ecological bioremediation
      • Table Global humic acid market in ecological bioremediation 2016 and 2021 ($ millions)
      • Table Forecast: Global humic acid market in ecological bioremediation 2016-2021
    • Global humic acid market in other applications
      • Table Global humic acid market in other applications 2016 and 2021 ($ millions)
      • Table Forecast: Global humic acid market in other applications 2016-2021
  • Geographical segmentation
    • Global humic acid market by geography
      • Table Global humic acid market by geography 2016 (%)
      • Table Global humic acid market by geography 2021 (%)
      • Table Global humic acid market by geography 2016 and 2021
    • Humic acid market in North America
      • Table Humic acid market in North America 2016 and 2021 ($ millions)
      • Table Forecast: Humic acid market in North America 2016-2021
    • Humic acid market in Europe
      • Table Humic acid market in Europe 2016 and 2021 ($ millions)
      • Table Forecast: Humic acid market in Europe 2016-2021
    • Humic acid market in APAC
      • Table Humic acid market in APAC 2016 and 2021 ($ millions)
      • Table Forecast: Humic acid market in Europe 2016-2021
    • Humic acid market in ROW
      • Table Humic acid market in ROW 2016 and 2021 ($ millions)
      • Table Forecast: Humic acid market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing demand for green fertilizers
    • Increasing demand from European market
    • Rising awareness of health issues
  • Vendor landscape
    • Competitive scenario
    • Key vendors in global humic acid market
      • Table Key vendors in global humic acid market 2016
    • Other prominent vendors
  • Key vendor analysis
    • Biolchim
      • Table Biolchim: Products
    • Humic Growth Solutions
      • Table Humic Growth Solutions: Product portfolio
      • Table Humic Growth Solutions: Sub-product category in humic and fulvic acid product line
      • Table Humic Growth Solutions: Sub-product categories
    • Humintech
      • Table Humintech: Business segmentation by products
      • Table Humintech: Business segmentation by application
    • Jiloca Industrial
      • Table Jiloca Industrial: Product segmentation
    • Omnia Holdings
      • Table Omnia Holdings: Business segmentation by division
      • Table Omnia Holdings: Business segmentation by revenue 2016
  • List of abbreviations
  • Explore Technavio

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