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Global Humic Acid Market Size to be valued $1000 million by 2024

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North America humic acid market is estimated to generate over USD 400 million revenue by 2024 driven by significant presence of U.S. organic food industry.

— Humic acid market will have growth trends particularly due to the demand for a wide range of applications from the sectors such as dietary supplements, horticulture, agriculture, ecological bioremediation and few others including residential farming, vertical farms, gardening, medicinal applications etc.

Agricultural application will hold the largest share in the humic acid market by 2024, due to growing inclination for organic farming especially in the developed economies. Several government grants and subsidiaries in different nations will further boost the segment growth.

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The horticultural application segment is estimated to have revenue more than USD 200 million in the forecast period. Globally increasing awareness regarding the environmental and health hazards of chemical fertilizers is likely to propel the market growth.

For the humic acid market, the dietary supplements segment will observe revenue more than USD 100 million in the forecast period. Medicinal properties of the product coupled with rising inclination among the youth and the middle age populace towards body toning and fitness are likely to further enhance the market growth.

North America humic acid market is estimated to generate revenue over USD 400 million by 2024. The significant presence of U.S. organic food industry is likely to influence the regional industry growth positively in the coming years.

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European humic acid market will observe growth trends by 2024 owing to the rapidly growing regional organic sector. Funding initiatives by the government in association with the Common Agriculture Policy will propel the European market growth. The region is estimated to observe revenue more than USD 300 million in the forecast timeframe.

Key market players are Wilbur-Ellis Company, The Andersons, Humintech, NPK Industries, Black Earth Humic, Nature's Lawn & Garden, Biolchim, Grow More, Faust Bio-Agricultural Services, Nutri-Tech Solutions, Agriculture Solutions, Tagrow Co. Ltd., Humic Growth Solutions, Saint Humic Acid, WinField Solutions, Organic Approach, Jiloca Industrial National Pesticides & Chemicals and Sikko Industries.

Browse key industry insights spread across 80 pages with 88 market data tables & 10 figures & charts from the report, “Humic Acid Market Size By Application (Agriculture, Ecological Bioremediation, Horticulture, Dietary Supplements), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/humic-acid-market

Table of Contents (ToC) of the report:
Chapter 4. Humic Acid Market, By Application
4.1. Global market volume share by application, 2016 & 2024
4.2. Agriculture
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Ecological bioremediation
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Horticulture
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
4.5. Dietary supplements
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts by region, 2013 – 2024
4.6. Others
4.6.1. Market estimates and forecasts, 2013 - 2024
4.6.2. Market estimates and forecasts by region, 2013 – 2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/humic-acid-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Address: 4 North Main Street Selbyville, Delaware 19975 USA
Website: https://www.gminsights.com/pressrelease/humic-acid-market

Source URL: https://marketersmedia.com/global-humic-acid-market-size-to-be-valued-1000-million-by-2024/515927

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Release ID: 515927

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