Humic Acid Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Humic Acid Market Research Report- Forecast to 2023 Humic Acid are used in a wide range of applications such as dietary nutrition, horticulture, medicine and agriculture among others. The rising growth of organic farming across the globe is substantially contributing to the growth of the Humic Acid Market. Humic Acid is extensively used in soil to enhance the fertility, water retaining ability and thereby increasing the productivity of the land. Among the various applications of the Humic Acid, the agriculture segment was the dominant segment in 2016 and is expected to show the same trend during the forecast years where as the dietary supplement application segment is expected to witness the highest growth during the review period. The growing demand for organic produce across the globe coupled with the stringent regulations for the use of chemical fertilizers is expected to augment the market during the forecast period. The Agricultural application segment is expected to hold the market share of over 40% during the assessed period. The Global Humic Acid Market is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest growing market during the forecast period. The presence of agrarian ecnonomies has augmetd the use of humic acid in the agricultural farms. Moreover, the growing population has incresed the demand for agricultural produced in turn adding to the demand for humic acid. North America is anticipated to be the largest market on account of the growing demand for organic agricultural produce in the region. Humic Acid Market - Overview

Humic Acid Market Research Report- Forecast to 2023 The Global Humic Acid Market is segmented into application and region. On the basis of application, the global market of Humic Acid can be further segmented into dietary supplements, agriculture, horticulture, ecological bioremediation, medicines and others. On the basis of region, the Global Humic Acid Market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Segmentation

Humic Acid Market Research Report- Forecast to 2023 Regional Analysis The humic acid market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Among these, North America is expected to be the leading region in 2016 and is expected to retain its dominance during the forecast period. The growing demand for organic produce along with the growing consciousness among the population about the adverse effects of chemical fertilizers is expected to boost the growth of the market during the forecast period. Moreover, the growing populations have reduced the availability of arable land, which is expected to boost the demand for humic acid further. Furthermore, the growing demand for dietary supplements mainly in the U.S. and Canada is further expected to fuel the market growth. The Asia Pacific is anticipated to be the fastest growing market during the forecast years due to the presence agricultural dependent economies such as India, China, and Indonesia among others. The growing consciousness about the health benefits of humic acid is expected to boost the market growth. The European market is anticipated to show a moderate CAGR during the forecast period. The increasing demand for organic produce amongst the health-conscious population is anticipated to drive the market during the forecast period. Moreover, the European organic farming is expected to surge owing to the increasing government encouragement to reduce the use of harmful chemicals in agricultural produce. Furthermore, the growing application as a feed supplement is also expected to propel the market growth in the region. According to the European Union, the total area under organic farming in Europe was around 11.1 million hectares, which grew from just 5 million hectares in Get Complete

Humic Acid Market Research Report- Forecast to 2023 Major Players in this Research Humic Acid Market Prominent Players: Biolchim S.p.A. (Italy) HCM Agro Products Private Ltd. (India) Humintech GmbH (Germany) Humic Growth Solutions, Inc. (the US) Jiloca Industrial, S.A. (Spain) Omnia Holdings Limited (South Africa) Saint Humic Acid (China) Sikko Industries Ltd. (India) Arihant Bio Fertichem Pvt. Ltd. (India) Shandong Chuangxin Humic Acid Technology Co. Ltd. (China) Black Earth Humic LP (Canada) Minerals Technology Inc. (US) Horizon AG-Products (US) Request a Sample

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