Humic-based Bio Stimulant Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F. Segmented By Type (Humic Acid, Fulvic Acid, Potassium Humate), By Application (Seed Treatment, Soil Treatment, Foliar Spray), By Formulation (Liquid & Dry), By Crop Type (Cereals & grains, Oil Seeds & Pulses, Fruits & Vegetables), By Region and Competition
Published Date: February - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHumic-based Bio Stimulant Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F. Segmented By Type (Humic Acid, Fulvic Acid, Potassium Humate), By Application (Seed Treatment, Soil Treatment, Foliar Spray), By Formulation (Liquid & Dry), By Crop Type (Cereals & grains, Oil Seeds & Pulses, Fruits & Vegetables), By Region and Competition
Humic based biostimulants market size was valued at USD 686 million in 2022. Humic-based biostimulants industry is projected to reach USD 1,184 million by 2027, growing at a CAGR of 11.5% during the forecast period 2022-2027.
Humic-based Bio Stimulants Market is expected to grow with an impressive CAGR in the forecast period 2024-2028. The market for Humic-based bio stimulants is growing on account of increasing popularity & demand of organic pesticides in crop development and growing investment and research in development of bio-stimulants.
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Bio stimulants increase a plant's capacity to withstand stress when it is exposed to conditions of drought or illness. In addition to promoting greater plant growth, it is beneficial for the plants to increase their capacity for water absorption., etc.
Rising Demand for Organic or Bio-Based Stimulants
Increasing Research & Development for Promoting Organic Farming
Products are launched by several key market players including biostimulant ingredients such as humic acids to promote plant growth. Ingredients such as humic acids and fulvic acids are used in plant germination for stimulating plant metabolic processes and seed germination, thereby stimulating crop production and hence supporting the market growth at the same time.
Growing Pesticide Demand in Developing Countries
Rapid soil degradation is leading to diseases occurrence in plants which is impacting the soil environment and thereby is reducing the natural soil availability for crop production. At the same time, it is creating a huge demand for bio stimulants for improving crop production, by restoring the soil capacity. Humic substances support beneficial microbial activity in the soil. They provide a food source and habitat for beneficial soil microorganisms, including bacteria and fungi. This improves nutrient cycling, disease suppression, and overall soil health. Humic-based bio stimulants can be applied to plants through various methods, including foliar sprays, seed treatments, and soil amendments. They can be used in conjunction with fertilizers and other crop protection products to optimize plant performance and yield. Also, the growing usage of humic based bio stimulant is found helpful in compensating the shortage of food and its nutrients, in crops grown using these bio stimulants.
For instance, countries such as India and China are experiencing an increase in demand for crop production to fulfill the increased food demand for the growing population, thereby creating a demand for bio stimulants such as humic acid, fulvic acid, etc., improving and ensuring healthy production without any pesticides.
Market Segmentation
The Humic-based Bio stimulant market is segmented based on the Type, Application, Formulation, Crop Type and Region. Based on Type, the market is segmented into Humic acid, Fulvic Acid and Potassium Humate. Based on Application, the market is segmented into Seed treatment, Soil treatment and Foliar spray. Depending on the Formulations, the market is further segmented into Liquid and Dry. Based on the Crop Type, the market is further segmented into Cereals & Grains, Oil Seeds & Pulses, and Fruits & Vegetables.
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Recent Developments
Market Players
UPL, FMC Corporation, Bayer AG, Valagro S.P.A, Haifa Group, Sikko Industries Limited, Borregaard, Koppert Biological Systems, Biolchim SPA, Novihum Technologies Gmbh, etc., are some of the major players operating in the global Humic-based Bio stimulants market.
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Attribute |
Details |
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Base Year |
2022 |
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Historical Years |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
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Report Coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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Segments Covered |
Type Application Formulation Crop type |
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Regional Scope |
North America; Asia Pacific; Europe; South America; Middle East & Africa |
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Country Scope |
United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Kuwait |
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Key Companies Profiled |
UPL Ltd., FMC Corporation, Bayer AG, Valagro S.P.A, Haifa Group, SIKKO Industries Limited, BORREGAARD, Koppert Biological Systems, Biolchim SPA, NOVIHUM technologies Gmbh. |
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Customization Scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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