Humic-based Biostimulants Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
Humic-based Biostimulants market is estimated at USD 515 million in 2020 and projected to grow at a CAGR of 10% from 2020, to reach a value of USD 848 million by 2027.
The caustic-based biostimulants industry is accelerating due to its associated benefits and the growing need for sustainable agriculture, as well as reduced exploitation and waste of conventional synthetic fertilizers. It is also attractive that raw materials for corrosive-based biostimulants such as humic acid are readily available. Interest of major players in the market to develop new and effective active ingredients of biostimulants.
Key Market Players
Key players in this market include Bayer AG (Germany), FMC Corporation (US), UPL Ltd (India), Borregaard (Norway), Koppert Biological Systems (Netherlands), Valagro SpA (Italy), Biolchim SpA (Italy), and Humic Growth Solutions (Florida).
Based on formulation:
- Liquid
- Water-soluble powders
- Water-soluble granules
- Other formulations
Based on the mode of application:
- Foliar treatment
- Seed treatment
- Soil treatment
Based on type:
- Humic acid
- Fulvic acid
- Potassium humate
Scope of the Report
The research study analyzes the global Humic-based Biostimulants industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Humic-based Biostimulants Market Report
1. What was the Humic-based Biostimulants Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Humic-based Biostimulants Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Humic-based Biostimulants Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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