Humic-based Biostimulants Market Scope
Humic-based biostimulants are organic substances derived from humic substances, which are naturally occurring compounds found in soil, peat, and coal. These biostimulants are used in agriculture to enhance plant growth, improve soil health, and increase crop yields. Humic based biostimulants are commonly used in horticulture. The main types of humic-based biosimulants are fulvic acid, humic acid and potassium humate. Humic acid is a group of molecules that bind to, and help plant roots receive, water and nutrients. Fulvic acid is a product of decomposition and formed through geochemical and biological reactions, such as the breakdown of food in a compost heap. Potassium humate is the potassium salt of humic acid. Humic-based biosimulants are available in liquid, water-soluble granules, water-soluble powders and applicable for agriculture, cereals, fiber crops, fruits & vegetables, oilseeds and used by farmers, related industries and research institutes.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Key Companies Profiled | Syngenta AG (Switzerland), Biolchim S.P.A. (Italy), FMC Corporation (United States), Haifa Group (Israel), UPL Limited (India), Bayer AG (Germany), Sikko Industries Ltd. (India), Humintech GmbH (Germany), Promisol (Spain), Novihum Technologies GmbH (Germany) and Borregaard (Norway) |
CAGR | % |
Humic-based Biostimulants is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Humic-based Biostimulants market throughout the predicted period.
Syngenta AG (Switzerland), Biolchim S.P.A. (Italy), FMC Corporation (United States), Haifa Group (Israel), UPL Limited (India), Bayer AG (Germany), Sikko Industries Ltd. (India), Humintech GmbH (Germany), Promisol (Spain), Novihum Technologies GmbH (Germany) and Borregaard (Norway) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Qingdao Future Group (China), Bioline (France), Tagrow (China), Cifo S.P.A. (Italy) and OMEX Agricultural Holdings Limited (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Humic-based Biostimulants market by Type and Region with country level break-up.
On the basis of geography, the market of Humic-based Biostimulants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2024.
Market Leaders and their expansionary development strategies
In Janaury 2025, Haifa Group partnered with Marrone Bio Innovations Inc. to integrate humic-based biostimulants into Haifa's specialty fertilizers. This partnership seeks to offer farmers comprehensive solutions that promote plant health and productivity.
In August 2023, Bionema launched Floretocare in Europe. It is a humic-based biostimulant derived from vermicompost which provides bioenergy for fetter flower retention, attracts pollinators, promotes healthy flowers and fruit formation.
Influencing Trend:
Innovations in humic-based biosimulants
Market Growth Drivers:
Increasing Demand For Sustainable Farming and Rising occurrence of crop diseases
Challenges:
High Production Costs
Restraints:
Stringent Regulatory Approvals
Opportunities:
Increasing Focus On Introducing Products With Advanced Micronutrient Technology and Rising Investments in Organic Farmin
Key Target Audience
Government Authorities, Research and Development, Investors, Venture Capitalist and Third Party Knowledge Providers