(PharmaNewsWire.Com, April 08, 2023 ) As per Maximize Market research, the Humic Acid Market was USD 0.56 Bn in 2021 and is expected to grow at a CAGR of 12.6 percent over the forecast period to reach USD 1.45 Bn by 2029.
Humic Acid Market Report Scope and Research Methodology
The report includes an in-depth region-wise and segment-wise analysis of the Humic Acid Market size and share. The data for the report is gathered by using both the research methodologies that are primary and secondary and the data collected through research was combined for accurate inference.
The Humic Acid Market is driven by the increasing demand for green fertilizers and awareness about the harmful effects of synthetic fertilizers. The market growth is expected to be hampered by the lack of establishment of standard procedures for measuring the contents of humic products.
Humic Acid Market Regional Insights
During the forecast period, Europe is expected to dominate the Humic Acid Market. The regional market is driven by the increasing preference for the consumption of organic food among consumers and growth in organic farming.
Maximize Market Research is leading Life Science research firm, has also published the following reports:
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