Humic acid market is projected to grow at a CAGR of over 12% by 2023


Posted January 21, 2019 by bellaharris235

Global humic acid market stood at $ 459 million in 2017 and is projected to grow at a CAGR of over 12% to reach $ 938 million by 2023

 
Humic acid market is projected to grow at a CAGR of over 12% by 2023, owing to increasing demand for bio-stimulants, growing health consciousness among consumers and rising environment safety concerns. Additionally, surging demand for humic substances from agriculture and animal feed industries, backed by increasing awareness about the harmful effects of synthetic fertilizers, inorganic chemical compounds and artificial compounds is fueling the humic acid market, globally.
Moreover, huge demand for humic acid from turf applications in construction industry and water purification sector is anticipated to positively influence the global humic acid market during the forecast period.

Major players
Humic Growth Solutions, Inc.
Jiangxi Pingxiang AnHua Biotechnology Co., Ltd.
Shandong Chuangxin Humic Acid Technology Co., Ltd.
Canadian Humalite International Inc.
Valagro SpA
Double Dragons Humic Acid Co. Ltd.
Xinjiang Inc.
Nutri-Tech Solutions Pty Ltd.
Saint Humic Acid
Grow More Inc.
Humintech GmbH, etc.

Why You Should Buy This Report?
To gain an in-depth understanding of Humic Acid globally
To identify the on-going trends and anticipated growth in the next five years
To help industry consultants, Humic Acid distributors and other stakeholders align their market-centric strategies
To obtain research-based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading market players
To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Category: Chemicals Market Research

Contact Details:

Aarkstore Enterprise

+917710006788 | [email protected] | aarkstore.com
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Categories Agriculture
Tags global humic acid market , global humic acid market 2023 , global humic acid market share , global humic acid market size
Last Updated January 21, 2019