Humic-based Bio Stimulants Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,900	115 Pages	TechSci Research	August, 2023	TCSI18181485

Best Price Guarantee
Price	from $4,900
Length	115 Pages
Publisher	TechSci Research
Published Date	August, 2023
SKU	TCSI18181485

Humic-based Bio Stimulants Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028FSegmented 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

Global 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 due to the increasing popularity and demand for organic pesticides in crop development, as well as the growing investment and research in the development of bio-stimulants.

Bio stimulants increase a plant's capacity to withstand stress when 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. 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 help in maintaining the pH of the soil, thereby inducing plant growth. They also aid the plant by stabilizing soil moisture and temperature, thus offering suitable conditions for the uptake of nutrients and supporting plant growth. It is anticipated to create a huge market demand for Humic-based bio stimulants.

Rising Demand for Organic or Bio-Based Stimulants

The growing demand from 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 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, vegetables, 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 supporting market growth at the same time. Humic acids have been shown to improve plants' 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 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 the Humic-based bio stimulants market. For instance, in July 2019, Valagro established a research partnership with Marrone Bio Innovations (US) to share mutual technical and 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 occurring in plants, which is impacting the soil environment and thereby reducing the natural soil availability for crop production. At the same time, it is creating a huge demand for bio stimulants to improve 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 for 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.

Market Segmentation

The Humic-based Bio stimulants 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.

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.

Company Information

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

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights

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 Bio Stimulants 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. Company Profiles; 13.1.1. Business Overview; 13.1.2. Company Snapshot; 13.1.3. Products & Services; 13.1.4. Financials (In case of listed companies); 13.1.5. Recent Developments; 13.1.6. SWOT Analysis; 13.2. UPL Ltd.; 13.3. FMC Corporation; 13.4. Bayer AG; 13.5. Valagro S.P.A; 13.6. Haifa Group; 13.7. SIKKO Industries Limited; 13.8. BORREGAARD; 13.9. Koppert Biological Systems; 13.10. Biolchim SPA; 13.11. NOVIHUM technologies Gmbh
14. Strategic Recommendations