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The market for humic-based biostimulants was estimated to be worth USD 0.10 billion in 2022. The market for humic-based biostimulants is anticipated to increase from USD 0.59 billion in 2023 to USD 1.18 billion by 2030, expanding at a compound annual growth rate (CAGR) of 10.45% during those years. As more people become conscious, there is a growing demand for environmentally friendly and sustainable solutions, which is a key market driver boosting market growth.
Biostimulants are a class of compounds that aid in extending the growth and productivity of plants' lives. It has the capacity to boost a plant's resistance to stress, such as disease or drought. Increased water absorption helps plants grow more effectively and is beneficial to them. Products containing biostimulants are discovered to be bridging the gap between pesticides and biofertilizers since they can assist plants in both activities.
Growing concerns over increasing crop yield per hectare, growing use of precision farming techniques, and growing adoption of biostimulants to lessen abiotic stress in crops and plants are among the major factors among others propelling the growth of the humic-based biostimulants market. Rising limited entry barriers resulting in the entry of players of different tiers is a crucial factor escalating the market growth. Additionally, growing technological improvements in the humic-based biostimulants market and a stronger innovative product portfolio for broad-acre crops will open up new chances for the industry between 2023 and 2030.
As people become more conscious of the detrimental impacts of conventional agricultural practices on the environment, the need for environmentally friendly and sustainable solutions is on the rise, which is driving the market CAGR for humic-based biostimulants. Humic-based biostimulants can be made from a variety of natural sources, including fulvic acid, humic compounds, and other organic components. The organic farming movement has been expanding as people become more concerned about the long-term viability of agriculture, the health of the soil, and chemical residues in food. Humic-based biostimulants are thought to be compatible with organic agricultural practices because they usually derive from organic matter and help plants without using synthetic chemicals. Humic acid-based biostimulants have been shown to increase crop output, root development, and plant nutrient uptake. The use of these biostimulants is growing in popularity as a viable alternative for farmers seeking to boost output without relying entirely on chemical fertilizers. Healthy soil is essential for sustainable agriculture, and humic-based biostimulants can contribute by improving the structure and fertility of the soil. These compounds promote moisture retention, microbial activity, and long-term soil health by reducing soil erosion. The continued study of biostimulants has led to the development of new formulations and improved products.
To improve the efficacy of humic-based biostimulants and make them more appealing to farmers, manufacturers are investing in R&D. As the biostimulant market develops, a concentrated effort has been undertaken to educate farmers about the benefits of humic-based biostimulants. Through the use of extension services, agricultural periodicals, and industry events, information has been distributed to end users. The regulatory landscape surrounding biostimulant products has changed in several geographical locations. The specific laws that some countries have enacted regarding biostimulants may have an impact on the market's structure and expansion. Initially utilized in a small number of crops, humic-based biostimulants are now applied to a wider range of plants. These biostimulants have been employed in a variety of agricultural fields, from row crops like corn and wheat to high-value fruits and vegetables. As humic-based biostimulants gain popularity, more companies have entered the market, increasing rivalry and perhaps leading to product variety. fuelling the market for humic-based biostimulants' revenue.
China, India, Brazil, and Argentina were some of the countries with the highest pesticide consumption rates, according to FAOSTAT. Particularly in these areas, the rising population rate, expanding middle-class households, and rising disposable income have led to an increase in the demand for food, which would then result in a rise in the use of pesticides to enhance crop yields. However, pollution, soil contaminancy, and their negative consequences on the food chain are the main issues in this area. The governments in these areas are placing a strong emphasis on the use of integrated pest management to combat the negative impacts of chemical pesticides. Farmers have smaller average land holdings and poorer economic conditions in nations like China and India. First-movers will benefit from the absence of numerous producers in the market and the low entry barriers. The major companies in the agricultural industry have begun making investments in the prospective markets of the region's developing nations. The demand for biostimulants in the Asia Pacific and South American areas will be driven by farmers' increased understanding of the benefits of applying them.
The country part of the humic-based biostimulants market study additionally lists certain market-impacting elements and domestic market regulation changes that have an impact on the market's present and future trends. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Report Coverage
Global Humic Based Biostimulants research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Humic Based Biostimulants report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Humic Based Biostimulants competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Humic Based Biostimulants market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Humic Based Biostimulants market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Humic Based Biostimulants market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Eastman Chemical Company, OMEX, LALLEMAND Inc., Agrinos, Brandt Consolidated, Inc., FMC Corporation, Valagro SpA, Biolchim SPA, Isagro, Italpollina S.p.A., ADAMA Ltd, KOPPERT BIOLOGICAL SYSTEMS, Haifa Group, Novozymes, ACADIAN SEAPLANTS LIMITED, ATLÁNTICA AGRICOLA, Biostadt India Limited, Trade Corporation International, AGROENZYMAS, MICROMIX, Syngenta, Bayer AG and UPL among other
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Humic Based Biostimulants market based on the below-mentioned segments:
Global Humic Based Biostimulants Market, By Type
Humic acid
Fulvic acid
Potassium humate
Global Humic Based Biostimulants market, By Application
Seed treatment
Soil treatment
Foliar spray
Other modes of application (such as immersion and direct application)
Global Humic Based Biostimulants Market, By Form
Dry
Liquid
Global Humic Based Biostimulants market, Regional Analysis
Biostimulants are a class of compounds that aid in extending the growth and productivity of plants' lives. It has the capacity to boost a plant's resistance to stress, such as disease or drought. Increased water absorption helps plants grow more effectively and is beneficial to them. Products containing biostimulants are discovered to be bridging the gap between pesticides and biofertilizers since they can assist plants in both activities.
Growing concerns over increasing crop yield per hectare, growing use of precision farming techniques, and growing adoption of biostimulants to lessen abiotic stress in crops and plants are among the major factors among others propelling the growth of the humic-based biostimulants market. Rising limited entry barriers resulting in the entry of players of different tiers is a crucial factor escalating the market growth. Additionally, growing technological improvements in the humic-based biostimulants market and a stronger innovative product portfolio for broad-acre crops will open up new chances for the industry between 2023 and 2030.
As people become more conscious of the detrimental impacts of conventional agricultural practices on the environment, the need for environmentally friendly and sustainable solutions is on the rise, which is driving the market CAGR for humic-based biostimulants. Humic-based biostimulants can be made from a variety of natural sources, including fulvic acid, humic compounds, and other organic components. The organic farming movement has been expanding as people become more concerned about the long-term viability of agriculture, the health of the soil, and chemical residues in food. Humic-based biostimulants are thought to be compatible with organic agricultural practices because they usually derive from organic matter and help plants without using synthetic chemicals. Humic acid-based biostimulants have been shown to increase crop output, root development, and plant nutrient uptake. The use of these biostimulants is growing in popularity as a viable alternative for farmers seeking to boost output without relying entirely on chemical fertilizers. Healthy soil is essential for sustainable agriculture, and humic-based biostimulants can contribute by improving the structure and fertility of the soil. These compounds promote moisture retention, microbial activity, and long-term soil health by reducing soil erosion. The continued study of biostimulants has led to the development of new formulations and improved products.
To improve the efficacy of humic-based biostimulants and make them more appealing to farmers, manufacturers are investing in R&D. As the biostimulant market develops, a concentrated effort has been undertaken to educate farmers about the benefits of humic-based biostimulants. Through the use of extension services, agricultural periodicals, and industry events, information has been distributed to end users. The regulatory landscape surrounding biostimulant products has changed in several geographical locations. The specific laws that some countries have enacted regarding biostimulants may have an impact on the market's structure and expansion. Initially utilized in a small number of crops, humic-based biostimulants are now applied to a wider range of plants. These biostimulants have been employed in a variety of agricultural fields, from row crops like corn and wheat to high-value fruits and vegetables. As humic-based biostimulants gain popularity, more companies have entered the market, increasing rivalry and perhaps leading to product variety. fuelling the market for humic-based biostimulants' revenue.
China, India, Brazil, and Argentina were some of the countries with the highest pesticide consumption rates, according to FAOSTAT. Particularly in these areas, the rising population rate, expanding middle-class households, and rising disposable income have led to an increase in the demand for food, which would then result in a rise in the use of pesticides to enhance crop yields. However, pollution, soil contaminancy, and their negative consequences on the food chain are the main issues in this area. The governments in these areas are placing a strong emphasis on the use of integrated pest management to combat the negative impacts of chemical pesticides. Farmers have smaller average land holdings and poorer economic conditions in nations like China and India. First-movers will benefit from the absence of numerous producers in the market and the low entry barriers. The major companies in the agricultural industry have begun making investments in the prospective markets of the region's developing nations. The demand for biostimulants in the Asia Pacific and South American areas will be driven by farmers' increased understanding of the benefits of applying them.
The country part of the humic-based biostimulants market study additionally lists certain market-impacting elements and domestic market regulation changes that have an impact on the market's present and future trends. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Report Coverage
Global Humic Based Biostimulants research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Humic Based Biostimulants report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Humic Based Biostimulants competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Humic Based Biostimulants market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Eastman Chemical Company, OMEX, LALLEMAND Inc., Agrinos, Brandt Consolidated, Inc., FMC Corporation, Valagro SpA, Biolchim SPA, Isagro, Italpollina S.p.A., ADAMA Ltd, KOPPERT BIOLOGICAL SYSTEMS, Haifa Group, Novozymes, ACADIAN SEAPLANTS LIMITED, ATLÁNTICA AGRICOLA, Biostadt India Limited, Trade Corporation International, AGROENZYMAS, MICROMIX, Syngenta, Bayer AG and UPL among other |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Humic Based Biostimulants Market from 2021 to 2030.
- Market Forecast for Humic Based Biostimulants Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Humic Based Biostimulants competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Humic Based Biostimulants
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Humic Based Biostimulants market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Humic Based Biostimulants market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Eastman Chemical Company, OMEX, LALLEMAND Inc., Agrinos, Brandt Consolidated, Inc., FMC Corporation, Valagro SpA, Biolchim SPA, Isagro, Italpollina S.p.A., ADAMA Ltd, KOPPERT BIOLOGICAL SYSTEMS, Haifa Group, Novozymes, ACADIAN SEAPLANTS LIMITED, ATLÁNTICA AGRICOLA, Biostadt India Limited, Trade Corporation International, AGROENZYMAS, MICROMIX, Syngenta, Bayer AG and UPL among other
Primary Target Market
- Market Players of Humic Based Biostimulants
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Humic Based Biostimulants market based on the below-mentioned segments:
Global Humic Based Biostimulants Market, By Type
Humic acid
Fulvic acid
Potassium humate
Global Humic Based Biostimulants market, By Application
Seed treatment
Soil treatment
Foliar spray
Other modes of application (such as immersion and direct application)
Global Humic Based Biostimulants Market, By Form
Dry
Liquid
Global Humic Based Biostimulants market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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