Humic Based Biostimulants Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Humic Acid, Fulvic Acid, Potassium Humate), By Form (Dry, Liquid), By Mode of Application (Foliar, Soil Treatment, Seed Treatment), By Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others), by region, and Competition, 2019-2029F

  • Industry : Agriculture
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 697.82 Million

Market Size (2029)

USD 1292.63 Million

CAGR (2024-2029)

10.78%

Fastest Growing Segment

Humic Acid

Largest Market

North America

Market Overview

Global Humic Based Biostimulants Market was valued at USD 697.82 Million in 2023 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 10.78% through 2029. Humic-based biostimulants are agricultural inputs derived from humic substances, which are organic compounds formed from the decomposition of plant and animal matter. These substances can be found in soil, peat, coal, and other organic materials. Humic-based biostimulants are known for their ability to enhance plant growth, improve soil health, and increase crop productivity. Humic substances promote microbial activity in the soil, fostering a healthy and diverse soil microbiome. This microbial activity contributes to nutrient cycling and organic matter decomposition. They improve soil structure by enhancing aggregation and water retention, reducing soil erosion, and promoting better aeration. Humic-based biostimulants are associated with increased crop yields. By improving nutrient availability, root development, and stress tolerance, they contribute to overall plant health and productivity. Humic-based biostimulants are often compatible with other agricultural inputs, including fertilizers and pesticides. This allows for integrated crop management practices.

Increasing awareness among farmers and growers about the benefits of sustainable and organic agricultural practices has driven the demand for biostimulants, including those based on humic substances. As global food demand continues to increase, there is a heightened focus on technologies and inputs that can enhance crop yields. Humic-based biostimulants are valued for their potential to improve plant growth and productivity. Supportive government policies, incentives, and regulations that promote sustainable agriculture and the use of biostimulants can act as significant drivers for market growth. Subsidies or encouragement for eco-friendly farming practices can boost adoption. The global trend towards organic farming, driven by consumer preferences for healthier and environmentally friendly products, has increased the demand for organic inputs, including humic-based biostimulants. Growing concerns about the environmental impact of conventional agricultural practices, including the use of synthetic fertilizers, have prompted farmers to seek sustainable alternatives. Humic-based biostimulants offer a more environmentally friendly option.

Key Market Drivers

Rising Need for Yield Enhancement

Humic-based biostimulants contain humic acids, which enhance nutrient uptake by plants. These organic compounds improve the solubility and availability of essential nutrients in the soil, leading to better nutrient absorption by plant roots. The application of humic-based biostimulants is known to promote overall plant growth and development. These biostimulants stimulate root growth, increase shoot development, and enhance the vigor of crops, resulting in improved yields. Humic acids in biostimulants contribute to stress tolerance in plants. They help crops withstand various environmental stressors such as drought, salinity, and temperature fluctuations. This increased resilience can prevent yield losses during adverse conditions. Humic substances in biostimulants play a crucial role in improving soil structure. They enhance soil aggregation, water retention, and aeration, creating an optimal environment for root growth. Healthy soil structure supports plant development and contributes to higher yields.

Humic-based biostimulants provide biochemical and physiological benefits to plants. They activate metabolic processes, enzyme activities, and hormonal balance within the plants, resulting in improved physiological functions that contribute to higher yields. Humic-based biostimulants have been reported to positively impact flowering and fruit setting in many crops. By influencing hormonal balance and reproductive processes, these biostimulants contribute to the formation of more flowers and fruits, ultimately leading to increased yields. Humic-based biostimulants are often compatible with other agricultural inputs, such as fertilizers and pesticides. This compatibility allows farmers to integrate these biostimulants seamlessly into their existing crop management practices, contributing to yield enhancement.

The rising awareness of sustainable agriculture practices aligns with the use of humic-based biostimulants. These products offer a natural and eco-friendly approach to improving crop yields, contributing to sustainable and environmentally conscious farming. Humic-based biostimulants are versatile and suitable for a wide range of crops, including cereals, fruits, vegetables, and legumes. The adaptability of these biostimulants to different crop types contributes to their widespread adoption for yield enhancement. Farmers are motivated by the economic benefits associated with higher yields. The potential for increased crop productivity and profitability drives the adoption of humic-based biostimulants as a valuable input in modern agriculture. This factor will help in the development of the Global Humic based Biostimulants Market.

Growing Efforts to Reduce Chemical Input Dependency

There is a global shift towards sustainable and environmentally friendly agricultural practices. Humic-based biostimulants offer a natural and organic alternative to synthetic chemicals, aligning with the principles of sustainable agriculture. Humic-based biostimulants help minimize the environmental impact of agriculture by decreasing reliance on synthetic fertilizers and pesticides. This aligns with the growing awareness of the detrimental effects of chemical inputs on soil health, water quality, and overall ecosystem balance. Humic substances in biostimulants contribute to soil health improvement. They enhance soil structure, promote microbial activity, and increase nutrient availability. As a result, farmers can reduce dependence on chemical inputs for soil fertility and health management. Humic-based biostimulants improve the efficiency of nutrient use by enhancing nutrient solubility and uptake. This means that crops can derive more nutrients from the existing soil, reducing the need for synthetic fertilizers and associated chemical inputs.

Excessive use of synthetic chemicals can lead to soil degradation over time. Humic-based biostimulants contribute to soil conservation by promoting sustainable agricultural practices, reducing erosion, and preventing long-term damage to soil quality. Humic-based biostimulants are often considered compatible with organic farming practices. Their natural origin and organic certification make them a preferred choice for farmers seeking to comply with organic standards, which typically limit the use of synthetic chemicals. The use of humic-based biostimulants may lead to lower residue levels in crops compared to conventional chemical inputs. This can be particularly important for crops intended for human consumption, meeting consumer preferences for low-residue and chemical-free produce.

Excessive use of chemical inputs can contribute to the development of resistance in pests and diseases. Humic-based biostimulants provide an alternative approach to managing crop health, potentially reducing the reliance on chemical pesticides and herbicides. Integrated Pest Management (IPM) involves a holistic approach to pest control that integrates various strategies. Humic-based biostimulants can be part of an IPM program, contributing to pest and disease resistance management without relying solely on chemical interventions. With increasing consumer awareness and demand for safer and more sustainable agricultural practices, farmers are motivated to reduce chemical inputs. Humic-based biostimulants offer a natural and eco-friendly option that aligns with these consumer preferences. This factor will pace up the development of the Global Humic based Biostimulants Market.

Rising Shift Towards Organic Farming Practices

Humic-based biostimulants are often considered compatible with organic farming practices. Their natural origin and organic certification make them a preferred choice for farmers seeking to comply with organic standards, which generally prohibit the use of synthetic chemicals. Organic farming places a strong emphasis on soil health and fertility. Humic-based biostimulants contribute to soil improvement by enhancing soil structure, microbial activity, and nutrient availability. This aligns with the principles of organic farming that prioritize sustainable soil management. Humic substances in biostimulants enhance nutrient uptake by plants. This is particularly valuable in organic farming systems where synthetic fertilizers are restricted. Humic-based biostimulants offer a natural way to improve nutrient availability for organic crops. Organic farming aims to minimize reliance on synthetic inputs, including chemical fertilizers and pesticides. Humic-based biostimulants provide an alternative approach to support plant growth and health without resorting to synthetic chemicals.

The shift towards organic farming is rooted in the desire for sustainable and environmentally friendly crop production. Humic-based biostimulants, being natural and bio-based, align with this goal by promoting sustainable agricultural practices. Consumers increasingly prefer food produced with minimal chemical residues. Humic-based biostimulants contribute to residue-free agriculture, allowing organic farmers to meet the demand for cleaner and more natural produce. Organic farming often involves integrated pest management (IPM) strategies. Humic-based biostimulants can play a role in enhancing plant resistance to pests and diseases, providing a bio-based solution that aligns with organic pest management practices.

Humic-based biostimulants offer an eco-friendly approach to crop nutrition. By promoting nutrient uptake and plant health through natural processes, these biostimulants contribute to the overall sustainability of organic farming systems. The growing consumer preference for organic products has driven the expansion of organic farming. Farmers responding to this demand may choose to incorporate humic-based biostimulants to enhance the quality and yield of organic crops. Supportive government policies and regulations for organic agriculture contribute to the growth of this farming sector. Humic-based biostimulants, being compatible with organic practices, benefit from the broader regulatory framework supporting organic farming. This factor will accelerate the development of the Global Humic based Biostimulants Market.


 


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Key Market Challenges

Product Standardization

Humic-based biostimulants can be derived from various sources, including leonardite, lignite, and other organic materials. The diversity in raw materials and extraction processes leads to a wide range of formulations, making standardization challenging. The composition of humic-based biostimulants is complex and can vary significantly. Humic acids, fulvic acids, and other organic compounds are present in varying proportions, influencing the biostimulant's effectiveness. Achieving standardization becomes difficult due to this inherent variability. Different manufacturers may employ distinct extraction methods to obtain humic substances from source materials. These methods can impact the quality and composition of the final product, leading to challenges in establishing consistent standards. Humic substances are extracted from natural sources, and the variability in the composition of these sources introduces challenges in maintaining consistent product quality. Variations in the raw materials can affect the biostimulant's performance. The geographical origin of source materials can impact the characteristics of humic-based biostimulants. Soil and environmental conditions in different regions contribute to variations in the composition and properties of humic substances, making standardization difficult. The absence of a standardized regulatory framework for humic-based biostimulants in some regions contributes to challenges in setting uniform product standards. This lack of regulation can result in varying quality and labeling practices.

Supply Chain Issues

Humic-based biostimulants often rely on natural sources such as leonardite or lignite. The availability and consistent quality of these raw materials can be subject to fluctuations, impacting the production and supply of biostimulant products. The geographical origin of raw materials can introduce dependency issues. Certain regions may be primary sources of specific raw materials, and geopolitical or environmental factors in those regions can disrupt the supply chain. The extraction process for humic substances can be complex. Challenges related to the harvesting and extraction of these substances from source materials may lead to production delays, affecting the overall supply chain. Natural sources of humic substances may exhibit seasonal variability in availability and quality. This seasonality can impact production schedules and create challenges in maintaining a consistent and reliable supply of humic-based biostimulants throughout the year.

Key Market Trends

Customization for Specific Crops

Different crops have varying nutrient requirements at different stages of their growth. Customizing humic-based biostimulants allows for formulations that address the specific nutrient needs of different crops, optimizing their growth and development. Crops are cultivated in diverse environmental conditions, including varying soil types, climates, and agronomic practices. Customization enables the development of humic-based biostimulants that can adapt to these diverse growing conditions, enhancing their effectiveness across different regions. Formulating humic-based biostimulants for specific crops allows for targeted plant responses. Different crops may benefit from specific aspects of humic substances, such as enhanced root development, improved stress tolerance, or increased flowering and fruiting. Various crops face unique challenges, such as susceptibility to specific diseases, pests, or environmental stresses. Customized biostimulant formulations can address these challenges by providing targeted support to mitigate crop-specific issues. Tailoring humic-based biostimulants to the requirements of specific crops aims to unlock the maximum yield potential for each crop. This optimization is crucial for meeting the demands of diverse agricultural markets. The trend towards precision agriculture, where inputs are applied with precision based on specific crop needs, aligns with the customization trend. Precision agriculture practices benefit from the use of crop-specific biostimulants to fine-tune input applications.

Segmental Insights

Type Insights

In 2023, the Global Humic based Biostimulants Market largest share was held by Humic Acid segment and is predicted to continue expanding over the coming years. Humic acid, a key component in humic-based biostimulants, is known for its versatility and effectiveness across a wide range of crops. The ability of humic acid to enhance nutrient uptake, improve soil structure, and promote plant growth makes it a popular choice for various agricultural applications. Numerous studies and field trials have demonstrated the positive impact of humic acid on plant health. Its ability to stimulate root development, increase nutrient absorption, and enhance overall plant vigor contributes to its widespread adoption by farmers. Humic acid contributes to soil improvement by promoting microbial activity, increasing soil water retention, and enhancing nutrient availability. These soil enhancement properties make humic acid a valuable component for addressing soil health concerns. Humic acid is known for its role in improving stress tolerance in plants. It can help plants withstand various environmental stressors, such as drought, salinity, and temperature fluctuations, making it an attractive choice for farmers facing challenging growing conditions.

Crop-Type Insights

In 2023, the Global Humic based Biostimulants Market largest share was held by Cereals and Grains segment in the forecast period and is predicted to continue expanding over the coming years.  Cereals and grains, such as wheat, rice, corn, and barley, are staple crops with high global demand for food and feed. The large-scale cultivation of these crops worldwide could contribute to a substantial demand for biostimulants to enhance their growth and yield. Humic-based biostimulants are known for their versatility and applicability across a wide range of crops. Cereals and grains, being major agricultural commodities, are likely to benefit significantly from the use of these biostimulants. The Cereals and Grains segment may prioritize yield enhancement due to the economic importance of these crops. Humic-based biostimulants are often used to improve nutrient uptake, root development, and overall plant health, leading to increased yields. Cereal crops are susceptible to various environmental stresses such as drought, salinity, and nutrient deficiencies. Humic-based biostimulants are known for their potential to enhance stress tolerance in plants, making them attractive for crops facing challenging growing conditions.

 


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Regional Insights

The North America region dominates the Global Humic based Biostimulants Market in 2023. North America, particularly the United States and Canada, has extensive and diverse agricultural practices. The large scale of agricultural operations in these countries contributes to a significant demand for biostimulants, including humic-based products. Farmers in North America have shown a relatively high level of awareness and openness to adopting new agricultural technologies and practices. The awareness of the benefits of humic-based biostimulants for soil health and crop productivity may be higher in this region. North America is known for its strong emphasis on research and innovation in agriculture. The development of advanced humic-based biostimulant formulations and products may be more prevalent in this region, contributing to market dominance. Favorable regulatory frameworks and support for sustainable and organic agriculture in North America could boost the market for humic-based biostimulants. Regulations that encourage environmentally friendly and organic practices may drive the adoption of these products.

Recent Developments

  • In March 2023, The BIOFORCE range, introduced to the market by LIDA Plant Research, combines the excellence of LIDA's bioactive substance research with the advantages of microorganisms. This product line features items like Rental Bioforce, formulated with humic acids derived from leonardite and seaweed, enhanced with selected strains of Trichoderma harzianum and Bacillus. Other solutions in the BIOFORCE range include Ammonite and Trilobite. These biofertilizers aim to significantly increase crop yields for farmers. Beyond yield improvement, they offer benefits such as enhanced soil vitality, nutrient solubilization, and atmospheric nitrogen fixation. This results in increased nitrogen concentration and availability in the soil, reducing the reliance on synthetic fertilizers. Consequently, this not only lessens the carbon footprint but also aids in combating soil degradation.

Key Market Players

  • Eastman Chemical Company
  • Lallemand Inc.
  • Agrinos
  • FMC Corporation
  • VALAGRO S.P.A,
  • Biolchim SPA
  • Isagro SpA (Gowan Company, L.L.C.)
  • Hello Nature International Srl
  • ADAMA Agricultural Solutions Limited
  • Koppert

By Type

By Form

By Mode of Application

By Crop Type

By Region
  • Humic Acid
  • Fulvic Acid
  • Potassium Humate
  • Dry
  • Liquid
  • Foliar
  • Soil Treatment
  • Seed Treatment
  • Cereals and Grains
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Others
  • North America
  • Asia-Pacific
  • Europe
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Humic based Biostimulants Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Humic based Biostimulants Market, By Type:

o   Humic Acid

o   Fulvic Acid

o   Potassium Humate

  • Humic based Biostimulants Market, By Form:

o   Dry

o   Liquid

  •          Humic based Biostimulants Market, By Mode of Application:

o   Foliar

o   Soil Treatment

o   Seed Treatment

  • Humic based Biostimulants Market, By Crop Type:

o   Cereals and Grains

o   Oilseeds and Pulses

o   Fruits and Vegetables

o   Others

  • Humic based Biostimulants Market, By region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  South Korea

§  Australia

§  Japan

o   Europe

§  Germany

§  France

§  United Kingdom

§  Spain

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE


Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Humic based Biostimulants Market.

Available Customizations:

Global Humic based Biostimulants Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

•           Detailed analysis and profiling of additional market players (up to five).

Global Humic based Biostimulants Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Humic based Biostimulants Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Humic Acid, Fulvic Acid, Potassium Humate)

5.2.2.    By Form (Dry, Liquid)

5.2.3.    By Mode of Application (Foliar, Soil Treatment, Seed Treatment)

5.2.4.    By Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others)

5.2.5.    By Region

5.2.6.    By Company (2023)

5.3.  Market Map

6.    Asia Pacific Humic based Biostimulants Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Form

6.2.3.    By Mode of Application

6.2.4.    By Crop Type

6.2.5.    By Country

6.3.  Asia Pacific: Country Analysis

6.3.1.    China Humic based Biostimulants Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Form

6.3.1.2.3.           By Mode of Application

6.3.1.2.4.           By Crop Type

6.3.2.    India Humic based Biostimulants Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Form

6.3.2.2.3.           By Mode of Application

6.3.2.2.4.           By Crop Type

6.3.3.    Australia Humic based Biostimulants Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Form

6.3.3.2.3.           By Mode of Application

6.3.3.2.4.           By Crop Type

6.3.4.    Japan Humic based Biostimulants Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Type

6.3.4.2.2.           By Form

6.3.4.2.3.           By Mode of Application

6.3.4.2.4.           By Crop Type

6.3.5.    South Korea Humic based Biostimulants Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Type

6.3.5.2.2.           By Form

6.3.5.2.3.           By Mode of Application

6.3.5.2.4.           By Crop Type

7.    Europe Humic based Biostimulants Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Form

7.2.3.    By Mode of Application

7.2.4.    By Crop Type

7.2.5.    By Country

7.3.  Europe: Country Analysis

7.3.1.    France Humic based Biostimulants Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Form

7.3.1.2.3.           By Mode of Application

7.3.1.2.4.           By Crop Type

7.3.2.    Germany Humic based Biostimulants Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Form

7.3.2.2.3.           By Mode of Application

7.3.2.2.4.           By Crop Type

7.3.3.    Spain Humic based Biostimulants Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Form

7.3.3.2.3.           By Mode of Application

7.3.3.2.4.           By Crop Type

7.3.4.    Italy Humic based Biostimulants Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Form

7.3.4.2.3.           By Mode of Application

7.3.4.2.4.           By Crop Type

7.3.5.    United Kingdom Humic based Biostimulants Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Form

7.3.5.2.3.           By Mode of Application

7.3.5.2.4.           By Crop Type

8.    North America Humic based Biostimulants Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Form

8.2.3.    By Mode of Application

8.2.4.    By Crop Type

8.2.5.    By Country

8.3.  North America: Country Analysis

8.3.1.    United States Humic based Biostimulants Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Form

8.3.1.2.3.           By Mode of Application

8.3.1.2.4.           By Crop Type

8.3.2.    Mexico Humic based Biostimulants Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Form

8.3.2.2.3.           By Mode of Application

8.3.2.2.4.           By Crop Type

8.3.3.    Canada Humic based Biostimulants Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Form

8.3.3.2.3.           By Mode of Application

8.3.3.2.4.           By Crop Type

9.    South America Humic based Biostimulants Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Form

9.2.3.    By Mode of Application

9.2.4.    By Crop Type

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Humic based Biostimulants Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Form

9.3.1.2.3.           By Mode of Application

9.3.1.2.4.           By Crop Type

9.3.2.    Argentina Humic based Biostimulants Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Form

9.3.2.2.3.           By Mode of Application

9.3.2.2.4.           By Crop Type

9.3.3.    Colombia Humic based Biostimulants Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Form

9.3.3.2.3.           By Mode of Application

9.3.3.2.4.           By Crop Type

10. Middle East and Africa Humic based Biostimulants Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Form

10.2.3. By Mode of Application

10.2.4. By Crop Type

10.2.5. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Humic based Biostimulants Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Form

10.3.1.2.3.         By Mode of Application

10.3.1.2.4.         By Crop Type

10.3.2. Saudi Arabia Humic based Biostimulants Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Form

10.3.2.2.3.         By Mode of Application

10.3.2.2.4.         By Crop Type

10.3.3. UAE Humic based Biostimulants Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Form

10.3.3.2.3.         By Mode of Application

10.3.3.2.4.         By Crop Type

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Product

14. Competitive Landscape

14.1.  Eastman Chemical Company

14.1.1.         Business Overview

14.1.2.         Product & Service Offerings

14.1.3.         Recent Developments

14.1.4.         Financials (If Listed)

14.1.5.         Key Personnel

14.1.6.         SWOT Analysis

14.2.  Lallemand Inc.

14.3.  Agrinos

14.4.  FMC Corporation

14.5.  VALAGRO S.P.A,

14.6.  Biolchim SPA

14.7.  Isagro SpA (Gowan Company, L.L.C.)

14.8.  Hello Nature International Srl

14.9.  ADAMA Agricultural Solutions Limited

14.10.Koppert

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Humic based Biostimulants Market was estimated to be USD 697.82 Million in 2023.

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Eastman Chemical Company, Lallemand Inc., Agrinos, FMC Corporation, VALAGRO S.P.A, Biolchim SPA were the top players operating in the Global Humic based Biostimulants Market in 2023.

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Product Standardization and Supply Chain Issues are the challenges faced by the Global Humic based Biostimulants Market in the upcoming years.

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Rising Need for Yield Enhancement and Growing Efforts to Reduce Chemical Input Dependency are the major drivers which drives the growth of the Global Humic based Biostimulants Market.

Related Reports

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Sakshi Bajaal

Business Consultant
Press Release

Humic Based Biostimulants Market to grow at a CAGR of 10.78% through 2029

Jun, 2024

Increasing Preference for Sustainable products and a supportive regulatory environment are the major drivers for the Global Humic based Biostimulants Market during the forecast period, 2025-2029

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