Humic-based biostimulants Market Share, Size, & Trends Analysis Report, Region, and Segment Forecasts, 2027
The
global humic-based biostimulants market is forecast to reach a
market size of USD 1,037.5 Million by 2027, and register a significantly high
CAGR over the next seven years, according to a new report by Reports and Data.
Growing demand for humic-based biostimulants can be attributed to growing
demand for high crop yield.
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Humic-based
biostimulants find wide application in organic farming, greenhouse vegetable
production, and horticulture. Humic-based biostimulants comprising humic and
fulvic acid aid in stimulating plant growth, boosting plant height, increasing
fresh/dry weight, and improving nutrient absorption. Humic-based biostimulants
possess very high water-retentive capability, allowing easy accessibility of
soil nutrients to plant roots for better yield.
The COVID-19 impact
Humic-based
Biostimulants industry was largely spared from the impact of COVID-19 pandemic.
Any influence of the pandemic on the industry was due to reduction in
production caused by labor shortage and product supply due to supply chain
disruption. As the condition eased, demand for humic-based biostimulants
resumed
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The
Humic-based biostimulants market has been segmented into key regions of the
world and offers an analysis of growth rate, market share, current and emerging
trends, production and consumption ratio, industrial chain analysis, demand and
supply, import and export, revenue contribution, and presence of key players in
each region. A country-wise analysis of the market is offered in the report to
gain a better understanding of the regional spread and progress of the Canola
Protein Market.
The global Humic-based
biostimulants market is segmented into:
·
North America (U.S.A.,
Canada, Mexico)
·
Europe (Italy,
U.K., Germany, France, Rest of Europe)
·
Asia Pacific (China,
India, Japan, South Korea, Australia, Rest of APAC)
·
Latin America (Chile,
Brazil, Argentina, Peru, Rest of Latin America)
·
Middle East & Africa
(Saudi Arabia, U.A.E., South
Africa, Rest of MEA)
Type Outlook
(Revenue, USD Million; 2017-2027)
·
Humic Acid
·
Fulvic Acid
·
Potassium
Humate
Formulation
Outlook (Revenue, USD Million; 2017-2027)
·
Powder
·
Granules
·
Liquid
·
Others
Application
Outlook (Revenue, USD Million; 2017-2027)
·
Foliar
Treatment
·
Seed Treatment
·
Soil Treatment
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.Key players include:
·
Sikko
Industries Ltd.
·
Haifa
Group
·
Bayer
AG
·
FMC
Corporation
·
Humintech
GmbH
·
Biolchim
SpA, UPL Limited
·
PROMISOL
·
Koppert
Biological Systems
· and Valagro SpA.
Key Questions
Addressed in the Report:
· In the forecast period, which
market segment is expected to rise the most?
· What are the dominating
factors that are influencing the growth of the industry?
· What are the risks and
challenges that the industry is facing?
· In the coming years, which
area is projected to dominate the market?
· Who are the major players in
the market? What kind of strategic business plans have they made?
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