Humic Acid Water Soluble Fertilizers Market

Global Humic Acid Water Soluble Fertilizers Market by Type (Liquid Fertilizers and Solid Fertilizers), By Application (Crops, Vegetables, Fruits, Turf, and Others), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: MC-61
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 10
  • No. Of Pages: 138
  • Format:
  • Pub. Date: 2020-10-05
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Market Outlook:

The global humic acid water soluble fertilizers market was valued at USD 8,302.1 Million in 2019 and is projected to reach USD 10,183.4 Million by 2027, expanding at a CAGR of 3.5% during the forecast period. Humic acid is an organic molecule having major role in soil fertility and plant nutrition. The growth of the global humic acid water soluble fertilizers market is driven by increase in demand for organic fertilizers in agricultural activities over synthetic variety. They improve the structure & water storage capacity of soils and boost the drought & disease resistance quality of plants. In addition, they enhance the yield of crops, increase production of vegetables & fruits, facilitate growth of superior & deep-rooted turf, improve fertilizer uptake of plant, and support ecological balance. Scientific studies show that the fertility of soil is determined to a very large extent by the content of humic acids. Their high cation-exchange capacity (CEC), the oxygen content as well as the above average water holding capacity are the reasons for the high value of using humic acids for improving soil fertility and plant growth. The most important feature of humic acids lies in their ability to bind insoluble metal ions, oxides and hydroxides, and to release them slowly and continually to plants when required. Due to these properties, humic acids are known to produce three types of effects: physical, chemical and biological.

Global Humic Acid Water Soluble Fertilizers Market Summary

Market Dynamics
The market is driven by factors such as improving the structure of soil, prevent high water and nutrient losses in light, sandy soils. Simultaneously convert them into fruitful soils by way of decomposition which are considered as the major reason for high usage of humic acid water soluble fertilizers across the world.

  • Improve the structure of soil: Prevent high water and nutrient losses in light, sandy soils. Simultaneously convert them into fruitful soils by way of decomposition. In heavy and compact soils, aeration of soil and water retention are improved; cultivation measures are facilitated.
  • Prevent soil cracking, surface water runoff and soil erosion by increasing the ability of colloids to combine.
  • Help the soil to loosen and crumble and thus increase aeration of soil as well as soil workability.
  • Increase water holding capacity of soil and thus help resist drought.
  • Darken the color of the soil and thus help absorption of the sun energy.

Segmental Outlook

Based on types, the liquid fertilizers market was the largest product segment in the global humic acid water soluble fertilizers market in 2019. The segment contributed over almost half of the global market value in the same year. Easier to handle when blending and applying, provides uniform application, can be used for both starter and in-season application are the primary causes of high market share into the global market. In 2019, the global humic acid water soluble fertilizers market was valued at USD 8,302.1 million and is expected to reach USD 10,183.4 million by 2027, expanding with a CAGR of 3.5% through the forecast period 2020 – 2027.

Global Humic Acid Water Soluble Fertilizers Market By Type

Regional Outlook

In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is a promising region for the market. It constituted a 43.6% share of the market in 2019. The market in the region is projected to expand at a CAGR of 3.5% during the forecast period. Asia Pacific is expected to register highest demand growth owing to industrial practices being adopted in agriculture to improve crop yield. High agricultural growth in China and India are expected to be major drivers for Asia Pacific industry’s growth. North America holds the second largest value share in the global market.

Global Humic Acid Water Soluble Fertilizers Market By Region

Competitive Landscape

  • Key players in the market include Haifa Chemicals, Yara, Omex, The Andersons, Arab Potash Company, HUMINTECH GmbH, TAGROW, UralChem.
  • In Jan 2019, Haifa Group (Haifa) launches NutriNet, an online expert system which aims to support and optimize the process of creating customized fertilization programs. The service is free of charge for users. The new NutriNet platform was developed at the Haifa Group Innovation Center. It incorporates plant nutrition related knowledge that was accumulated by Haifa during decades of field and R&D activities worldwide. The NutriNet is designed to assist growers in setting fertilization programs. Step by step, the software directs the farmer's workflow, supports decision-making and simplifies calculations. The majority of the process is carried out before the season, leaving the grower with a detailed work plan for the season. The fertilization programs may be retrieved at any time, for adjustments and to create task reminders.
  • In May 2018, Yara International ASA has closed its acquisition of the Vale Cubatão Fertilizantes complex, strengthening Yara's integrated position in Brazil. This acquisition marks the start of an exciting new phase in Brazil for Yara as the acquisition brings nitrogen production assets into our growing portfolio in Brazil, strengthening and growing Yara’s integrated position within both industrial and fertilizer. The transaction is valued at USD 255 million, with the operating capital value subject to post-closing adjustment.

Global Humic Acid Water Soluble Fertilizers Market By Manufacturer

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Humic Acid Water Soluble Fertilizers Market
  • Historical, Current and Projected Market Size in terms of Value (USD Million), Volume (Tons)
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Humic Acid Water Soluble Fertilizers Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Humic Acid Water Soluble Fertilizers Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Humic Acid Water Soluble Fertilizers Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Humic Acid Water Soluble Fertilizers Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Humic Acid Water Soluble Fertilizers Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Humic Acid Water Soluble Fertilizers Market Size & Forecast, 2017-2027
      4.5.1 Humic Acid Water Soluble Fertilizers Market Size and Y-o-Y Growth
      4.5.2 Humic Acid Water Soluble Fertilizers Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Type, 2017-2027
   4.7 Global Humic Acid Water Soluble Fertilizers Market: Impact Of Key Regulations
   4.8 Manufacturing Cost Structure
   4.9 List of Raw Materials
   4.10 Key Raw Materials Price & Overview
   4.11 Labor Cost Analysis (USA and China)
   4.12 Cost of Employing a Factory Worker
   4.13 China Labor Costs Analysis
   4.14 Direct Marketing vs Indirect Marketing
Chapter 5 Global Humic Acid Water Soluble Fertilizers Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Humic Acid Water Soluble Fertilizers Market Value & Volume Forecast By Type
      5.2.1 Liquid Fertilizers
      5.2.2 Solid Fertilizers
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Humic Acid Water Soluble Fertilizers Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Humic Acid Water Soluble Fertilizers Market Value & Volume Forecast by By Application
      6.2.1 Crops
      6.2.2 Vegetables
      6.2.3 Fruits
      6.2.4 Turf
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Humic Acid Water Soluble Fertilizers Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Humic Acid Water Soluble Fertilizers Analysis and Forecast
   9.1 Introduction
   9.2 North America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
      9.6.1 Liquid Fertilizers
      9.6.2 Solid Fertilizers
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
      9.10.1 Crops
      9.10.2 Vegetables
      9.10.3 Fruits
      9.10.4 Turf
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Humic Acid Water Soluble Fertilizers Analysis and Forecast
   10.1 Introduction
   10.2 Europe Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
      10.6.1 Liquid Fertilizers
      10.6.2 Solid Fertilizers
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
      10.10.1 Crops
      10.10.2 Vegetables
      10.10.3 Fruits
      10.10.4 Turf
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Humic Acid Water Soluble Fertilizers Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
      11.6.1 Liquid Fertilizers
      11.6.2 Solid Fertilizers
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
      11.10.1 Crops
      11.10.2 Vegetables
      11.10.3 Fruits
      11.10.4 Turf
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Humic Acid Water Soluble Fertilizers Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
      12.6.1 Liquid Fertilizers
      12.6.2 Solid Fertilizers
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
      12.10.1 Crops
      12.10.2 Vegetables
      12.10.3 Fruits
      12.10.4 Turf
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
      13.6.1 Liquid Fertilizers
      13.6.2 Solid Fertilizers
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
      13.10.1 Crops
      13.10.2 Vegetables
      13.10.3 Fruits
      13.10.4 Turf
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Humic Acid Water Soluble Fertilizers Market: Competitive Dashboard
   14.2 Global Humic Acid Water Soluble Fertilizers Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 ARCTECH, Inc.
      14.3.2 Haifa Chemicals
      14.3.3 Yara
      14.3.4 Omex
      14.3.5 The Andersons
      14.3.6 Arab Potash Company
      14.3.7 HUMINTECH GmbH
      14.3.8 TAGROW
      14.3.9 ICL Fertilizers
      14.3.10 UralChem
Key Segments Covered
By Type
  • Liquid Fertilizers
  • Solid Fertilizers
By Application
  • Crops
  • Vegetables
  • Fruits
  • Turf
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East & Africa

Key Market Players Profiled in the Report
  • Haifa Chemicals
  • Yara
  • The Andersons
  • Arab Potash Company
  • HUMINTECH GmbH
  • TAGROW
  • UralChem
  • Omex
  • ICL Fertilizers
  • SQM

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report provides supply chain analysis along with a list of raw material suppliers, manufacturers, distributors, and customers.

According to this Growth Market Reports report, the market from Humic Acid Water Soluble Fertilizers is likely to register a CAGR of 3.5% during forecast period 2020-2027, with an anticipated valuation of USD 10,183.4 million by the end of the 2027.

In addition to market size (in USD Million) & Volume (Tons) Company Market Share (in % for base year 2019), other data such Macro-economic factors, COVID-19 Impact on the value chain is available in final report.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

An improving the structure of soil, prevent high water and nutrient losses in light, sandy soils are considered as the primary reason for market growth.

The market is expected to witness a decrease of over 2-3% between 2019 and 2020 owing to the adverse impact of COVID-19 pandemic on the Humic Acid Water Soluble Fertilizers market.

The base year considered for the global Humic Acid Water Soluble Fertilizers market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Agro-chemcial industries, agriculture farmers, Farm owners, Fruit & Vegetable Producers are the key end-user that are driving the Humic Acid Water Soluble Fertilizers market.

Major Manufactures include, Haifa Chemicals, Yara, Omex, The Andersons, Arab Potash Company, HUMINTECH GmbH etc.