Global Humic Acid Fertilizer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Humic Acid Fertilizer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Humic Acid Fertilizer market finds that the global Humic Acid Fertilizer market reached a value of USD 902.79 million in 2022. It’s expected that the market will achieve USD 1002.79 million by 2028, exhibiting a CAGR of 1.77% during the forecast period.

Company Overview:

Lardmee is one of the major players operating in the Humic Acid Fertilizer market, holding a share of 12.42% in 2020.

The standard tools of competition economists and competition authorities to measure market concentration are the Herfindahl-Hirschman Index (HHI) and the concentration ratios (CR(n)).

The Herfindahl-Hirschman Index (HHI) is a common measure of market concentration that is used to determine market competitiveness. The Herfindahl-Hirschman Index (HHI) is a commonly accepted measure of market concentration. It is calculated by squaring the market share of each firm competing in a market and then summing the resulting numbers. It can range from close to zero to 10,000.
The concentration ratio is the percentage of market share owned by the largest n firms in an industry, where n is a specified number of firms. In this report, we present the CR5, means the market share of the five largest firms.

In 2018, Omni Group completed the wholly-owned acquisition of the biological pesticide company Oro Agri International Co., Ltd., which further improved the company’s existing agricultural biological product line and expanded the company’s agricultural biological product market territory.

PotashCorp is the world's largest potash producer. It merged with Calgary's Agrium in 2018 to form Nutrien. Nutrien is a Canadian non-fertilizer company located in Saskatchewan, Saskatchewan.
On December 26, 2017, the Jilin production base of Beijing Aojia Ecological Agriculture Co., Ltd. held an opening ceremony. In order to stay close to the resources and the market, Aojia Eco has made an important strategic decision to build two production bases in Hubei and Jilin, respectively, and in-depth layout of the national market. It is expected to become the most comprehensive and largest professional manufacturer of humic acid fertilizers in Northeast China.

Key Companies in the global Humic Acid Fertilizer market covered in Chapter 3:

Live Earth
Agrocare
Aojia Ecology
The Andersons
XLX
Humintech
BGB
Saosis
Lardmee
Luxi
Others
NTS
Ahmad Saeed
Grow More
Arctech

In Chapter 4 and Chapter 14.2, on the basis of types, the Humic Acid Fertilizer market from 2018 to 2029 is primarily split into:

Solid Humic Acid Fertilizer
Liquid Humic Acid Fertilizer

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Humic Acid Fertilizer market from 2018 to 2029 covers:

Agriculture
Horticulture
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)