Market Size – USD 471.8 Million in 2019, Market Growth – at a CAGR of 10.3%, Market Trends –Decrease in arable land

NEW YORK CITY, NEW YORK, USA, July 29, 2022 /EINPresswire.com/ -- 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. 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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Top Profiled in the Humic-based Biostimulants Market Report:
• Haifa Group
• Bayer AG
• Koppert Biological Systems
• FMC Corporation
• Humintech GmbH
• Biolchim SpA
• UPL Limited
• PROMISOL
• Sikko Industries Ltd
• Valagro SpA

Market Segmentation:
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 Takeaways of the Humic-based Biostimulants Market Report:
• A comprehensive overview of the global Humic-based Biostimulants industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the Humic-based Biostimulants Market.
• Elaborate study of the leading regional markets in the Humic-based Biostimulants Market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.

Key Regional Markets Covered in the Report:
• North America
o U.S.
o Canada
o Mexico

• Europe
o Russia
o U.K.
o Germany
o France
o BENELUX
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Latin America
o Brazil
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o U.A.E.
o Israel
o Rest of Middle East & Africa

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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Tushar Rajput
Reports and Data
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