The global humic acid market is anticipated to grow at a considerable CAGR of 11.4% during the forecast period. The major factor boosting the market growth is high demand for diatery supplements, and demand for humic acid in making animal feed. Humic acid is majorly used in dietary supplements in the form of vitamin, mineral, herbal products, and other ingestible products which used to strengthen the immune system. Moreover, taking humic acid in dietary supplements helps in the supply of oxygen level to red blood cells in the body, speeds up the metabolism rate, strengthens natural skin protection against UV rays. Humic acid in dietary supplements is available in the form of pills, liquid, and powder. The regulation of dietary supplements varies according to the country. In the US, supplement food was regulated under the Dietary Supplement Health and Education Act (DSHEA). Under the regulation of DSHEA, the US Food and Drug Administration(FDA), treated dietary supplements as foods, not as drugs. Owing to their useful benefits the humic acid in dietary supplements is expected to grow during the forecast period.
Get Free Sample link @ https://www.omrglobal.com/request-sample/humic-acid-market
The rising mergers and acquisition among players is further likely to accelerate the market growth. For instance, in April 2021, Nestle Health Science, has acquired Bountiful Company. The acquisition of the company provides a broader range of dairy supplements and healthy food products, which enhances the health of customers across the globe.
A full report of Global Humic Acid Market available @ https://www.omrglobal.com/industry-reports/humic-acid-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Humic Acid Market by Form
- Powdered
- Granular
- Liquid
Global Humic Acid Market by Application
- Agriculture & Horticulture
- Animal Feed
- Pharmaceuticals
- Dietary Supplements
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Aglukon
- Andersons Inc.
- Biolchim SPA.
- Cifo SRL
- Desarrollo Agrícola Y Minero, S.A.
- Grow More Inc.
- Humintech GmbH
- Humic Growth Solutions, Inc.
- Jiloca Industrial S.A.
- Koppert Biological systems
- Land O’Lakes Inc.
- Minerals Technologies Inc.
- Nature’s Lawn and Garden Inc.
- Nutri-Tech Solutions Pvt. Ltd.
- Omnia Specialities Pvt.
- Pingxiang Jiangxi Annwa Biotechnology Co., Ltd
- Saint Humic Acid
- Shandong Chuangxin Humic Acid Technology Co. Ltd.
- Sikko Industries Ltd.
- VALAGRO S.P.A,
- Wilbur-Ellis Holdings, Inc.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global humic acid market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/humic-acid-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
