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.

  • Industry : Agriculture
  • Pages : NA
  • Published Date : NA
Customization Enquiry

Buy Now

Summary

Report Description

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.

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. Humic-based biostimulants are products derived from humic substances, which are natural organic compounds found in soil, peat, and other organic matter. These substances are rich in humic acid, fulvic acid, and humin. Humic substances possess water holding capacity and thus help in maintaining the pH of the soil, thereby inducing plant growth. They also aid the plant by stabilizing soil moisture and temperature and in this way offer the plants with suitable conditions for the uptake of nutrients, supporting plant growth. It is thus anticipated to create a huge market demand for the Humic-based bio stimulants.

Rising Demand for Organic or Bio-Based Stimulants

The growing demand from the consumers and farmers to substitute synthetic stimulants with organic and bio-based stimulants is propelling the market growth for humic-based biostimulants. Increasing consumer demand for bio-based produce such as crops, oil & seeds, pulses, fruits & vegetables, etc. is creating a huge demand among farmers for these natural crops, stimulating and improving pesticides. Additionally, by improving nutrient retention and reducing leaching, humic-based biostimulants help increase nutrient availability for plants. Humic substances contribute to soil aggregation, improving soil structure and stability. They enhance the soil's ability to retain water, increase aeration, and prevent erosion. This promotes root development and nutrient uptake by plants. Also, several companies launched their new range of bio-stimulants priorly designed for organic farming approach. For instance, in 2021, UPL Australia announced a new launch of their new range for bio stimulants based on GoActiv technology (technology based on 100% pure extract from the Ascophyllum nodosum-a seaweed species), formulated to address specific crop abiotic or physiological stress in fruits vegetable, tree crops, etc.

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. Humic acids have been shown to improve plant’s ability to withstand various abiotic stresses, such as drought, salinity, and temperature extremes. They act as stress protectants by enhancing antioxidant activity, regulating plant hormone levels, and reducing oxidative damage. The new approach accepted by the major market players also includes chelating their bio stimulants with various minerals. Additionally, leading companies started partnerships benefiting each other and finding innovative solutions to produce new bio stimulants, thereby supporting the growth of Humic-based bio stimulants market. For instance, in July 2019, Valagro established a research partnership with Marrone Bio Innovations (US) share mutual technical & research benefits for production that can flourish in challenging environments, grow more vigorously, and have superior root systems.

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.


Download Free Sample Report

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.

Recent Developments

In 2022, FMC Corporation, an agricultural sciences company, gets its acquisition with BioPhero ApS- a Denmark based research and production company. This acquisition adds biologically producing pheromone insect control technology to FMC’s product portfolio and also expands the company’s role in delivering sustainable and innovative crop production.

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.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Type

Application

Formulation

Crop type

Regional Scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

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

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.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Humic-based Bio Stimulants market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Humic-based Bio Stimulants market, By Type:
    • Humic Acid
    • Fulvic Acid
    • Potassium Humate
  • Humic-based Bio Stimulants market, By Application:
    • Seed Treatment
    • Soil Treatment
    • Foliar Spray
  • Humic-based Bio Stimulants market, By Formulation:
    • Liquid
    • Dry
  • Humic-based Bio Stimulants market, By Crop type:
    • Cereals & Grains
    • Oil Seeds & Pulses
    • Fruits & Vegetables
  • Humic-based Bio Stimulants market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Humic-based Bio Stimulants market.

Available Customizations:

With the given market data, TechSci 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).

Humic-based Bio Stimulant 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.    Humic-based Bio stimulants 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 Application (Seed Treatment, Soil Treatment, Foliar Spray)

5.2.3.    By Formulation (Liquid & Dry)

5.2.4.    By Crop type (Cereals & grains, oil seeds & pulses and Fruits & vegetables)

5.2.5.    By Company (2022)

5.2.6.    By Region

5.3.  Product Market Map

6.    Asia-Pacific Humic-based Bio stimulants 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 Application

6.2.3.    By Formulation

6.2.4.    By Crop type

6.2.5.    By Country

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Humic-based Bio stimulants 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 Application

6.3.1.2.3.           By Formulation

6.3.1.2.4.           By Crop type

6.3.2.    India Humic-based Bio stimulants 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 Application

6.3.2.2.3.           By Formulation

6.3.2.2.4.           By Crop type

6.3.3.    South Korea Humic-based Bio stimulants 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 Application

6.3.3.2.3.           By Formulation

6.3.3.2.4.           By Crop type

6.3.4.    Japan Humic-based Bio stimulants 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 Application

6.3.4.2.3.           By Formulation

6.3.4.2.4.           By Crop type

6.3.5.    Australia Humic-based Bio stimulants 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 Application

6.3.5.2.3.           By Formulation

6.3.5.2.4.           By Crop type

7.    Europe Humic-based Bio stimulants 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 Application

7.2.3.    By Formulation

7.2.4.    By Crop type

7.2.5.    By Country

7.3.  Europe: Country Analysis

7.3.1.    France Humic-based Bio stimulants 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 Application

7.3.1.2.3.           By Formulation

7.3.1.2.4.           By Crop type

7.3.2.    Germany Humic-based Bio stimulants 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 Application

7.3.2.2.3.           By Formulation

7.3.2.2.4.           By Crop type

7.3.3.    United Kingdom Humic-based bio stimulants 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 Application

7.3.3.2.3.           By Formulation

7.3.3.2.4.           By Crop type

7.3.4.    Italy Humic-based bio stimulants 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 Application

7.3.4.2.3.           By Formulation

7.3.4.2.4.           By Crop type

7.3.5.    Spain Humic-based bio stimulants 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 Application

7.3.5.2.3.           By Formulation

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 Application

8.2.3.    By Formulation

8.2.4.    By Crop type

8.2.5.    By Country

8.3.  North America: Country Analysis

8.3.1.    United States Humic-based bio stimulants 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 Application

8.3.1.2.3.           By Formulation

8.3.1.2.4.           By Crop type

8.3.2.    Mexico Humic-based bio stimulants 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 Application

8.3.2.2.3.           By Formulation

8.3.2.2.4.           By Crop type  

8.3.3.    Canada Humic-based bio stimulants 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 Application

8.3.3.2.3.           By Distribution Channel

9.    South America Humic-based bio stimulants 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 Application

9.2.3.    By Formulation

9.2.4.    By Crop type

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Humic-based bio stimulants 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 Application

9.3.1.2.3.           By Formulation

9.3.1.2.4.           By Crop type

9.3.2.    Argentina Humic-based bio stimulants 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 Application

9.3.2.2.3.           By Formulation

9.3.2.2.4.           By Crop type

9.3.3.    Colombia Humic-based bio stimulants 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 Application

9.3.3.2.3.           By Formulation

9.3.3.2.4.           By Crop type

10. Middle East and Africa Humic-based bio stimulants 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 Application

10.2.3. By Formulation

10.2.4. By Crop type

10.2.5. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Humic-based bio stimulants 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 Application

10.3.1.2.3.         By Formulation

10.3.1.2.4.         By Crop type

10.3.2. Saudi Arabia Humic-based bio stimulants 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 Application

10.3.2.2.3.         By Formulation

10.3.2.2.4.         By Crop type

10.3.3. UAE Humic-based bio stimulants 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 Application

10.3.3.2.3.         By Formulation

10.3.3.2.4.         By Crop type

10.3.4. Kuwait Humic-based bio stimulants market Outlook.

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type

10.3.4.2.2.         By Application

10.3.4.2.3.         By Formulation

10.3.4.2.4.         By Crop type

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Mergers & Acquisitions

12.3.             Product Developments

13. Competitive Landscape

13.1.             Business Overview

13.2.             Company Snapshot

13.3.             Products & Services

13.4.             Financials (In case of listed companies)

13.5.             Recent Developments

13.6.             SWOT Analysis

13.6.1.    UPL Ltd.

13.6.2.    FMC Corporation

13.6.3.    Bayer AG

13.6.4.    Valagro S.P.A

13.6.5.    Haifa Group

13.6.6.    SIKKO Industries Limited

13.6.7.    BORREGAARD

13.6.8.    Koppert Biological Systems

13.6.9.    Biolchim SPA

13.6.10.                        NOVIHUM technologies Gmbh

Strategic Recommendations

Figures and Tables

Frequently asked questions

down-arrow

The growing demand for food production for the increasing population, growing nutrient rich food production, along with increased demand for organic pesticides and bio stimulants are driving the growth of the Humic-based Bio stimulants market in the forecast years, 2024-2028.

down-arrow

UPL Ltd., FMC Corporation, Bayer AG, Valagro S.P.A, Haifa Group, SIKKO Industries Limited, Borregaard, Koppert Biological Systems Biological Systems, Biolchim SPA, NOVIHUM technologies Gmbh are some of the companies leading the Humic-based Bio stimulants market in the forecast period 2024-2028.

down-arrow

Asia-Pacific is estimated to dominate the Humic-based Bio stimulants market on account of increased requirement of Humic-based Bio stimulants for food production for the rising population in the region. Additionally, growing investments by key players in the development of bio stimulants having natural-extracts as their active ingredients is another significant market driver.

down-arrow

Rising commercialization of low grade biostimulants by local players is a major factor expected to hamper growth of Humic-based Biostimulants market in the forecast period.

Related Reports

profile

Sakshi Bajaal

Business Consultant
Press Release

Humic-based Bio Stimulants Market to be Dominated by Foliar Spray Segment by 2028

May, 2023

Increasing demand for replacement of chemical pesticides by organic products is expected to drive Global Humic-based bio stimulants in the forecast period 2024-2028.

Why Choose Us