Transparency Market Research has released a new market report titled “Humic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” According to the report, the global humic acid market was valued at US$387.1 Mn in 2015 and is anticipated to reach US$1,041.7 Mn by 2024, expanding at a CAGR of 12.1% between 2016 and 2024.
Global Humic Acid market size is expected to grow at CAGR of more than xx%, in terms of value over the forecast period (2018-2025), and reach to USD xxx Million by the end of 2025 from USD xxx Billion in the historical year (2017). One of the major factors expected to drive the humic acid market growth by the end of forecast spell is rising demand for enhanced and environment friendly fertilizers. Furthermore, increasing demand for plant bio-stimulants as well as reduction of soil minerals ... Read more
Increasing demand for organic food products, rising food security concerns owing to use of chemical fertilizers, and growing water purification and construction industries to drive global humic acid market through 2023
According to TechSci Research report, “Global Humic Acid Market By Application, By Sales Channel, By Region, Competition, Forecast & ... Read more
The global Humic Acid Market is estimated to be valued at US$ 1,144.3 billion in 2022 and is expected to exhibit a steady CAGR of 5.8% over the forecast period 2023-2030. Humic acid is a naturally occurring organic substance derived from the decay of plant and animal materials. It offers various advantages, such as enhancing soil fertility, improving nutrient uptake in plants, promoting root growth, and increasing water retention capacity. These benefits ... Read more
