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Artificial Humus market Overview
The growing demand for organic fertilizers and biostimulants presents a significant opportunity for the expansion of the global artificial humus market.
WILMINGTON, DE, UNITED STATES, January 27, 2025 /EINPresswire / -- The growing demand for organic fertilizers and biostimulants presents a significant opportunity for the expansion of the global artificial humus market . However, the
COVID-19 pandemic negatively impacted market growth due to lockdowns, strict restrictions, and
supply chain disruptions. Despite these challenges, the agricultural sector is expected to grow rapidly over the next decade, driven by increasing global population and rising food demand, which in turn is anticipated to boost the demand for artificial humus.
According to a report by Allied Market Research, the global artificial humus market was valued at $169.6 million in 2021 and is projected to reach $314.3 million by 2031, growing at a CAGR of 6.5% from 2022 to 2031. The report provides an in-depth analysis of market dynamics, segmentation, competitive scenarios, and regional landscapes, offering valuable insights for stakeholders to devise effective growth strategies.
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Market Highlights
- Forecast Period: 2022–2031
- Base Year: 2021
- Market Size in 2021: $169.6 million
- Market Size in 2031: $314.3 million
- CAGR: 6.5%
- Segments Covered: Form type, applications, and region
Key Drivers:
- Rising demand for artificial humus
Opportunities:
- Growing adoption of organic fertilizers and biostimulants
Restraints:
- Limited awareness among farmers regarding the use of artificial humus
Market Segmentation and Insights:
By Form Type:
- The powder segment held the largest market share in 2021, accounting for nearly 40% of the total revenue. This segment is expected to maintain its dominance, registering a CAGR of 6.6% through 2031.
By Application:
- The agriculture segment dominated in 2021, contributing over 25% of the global market share.
- The horticulture segment is projected to grow at the highest CAGR of 6.9% during the forecast period.
By Region:
- Asia-Pacific led the market in 2021, accounting for more than one-third of the global share. The region is forecasted to maintain its leadership, with the fastest CAGR of 6.8% from 2022 to 2031.
Key Players in the Market
Leading players analyzed in the report include:
- Humusolver
- The Fertrell Company
- Ohio Earth Food
- Novihum Technologies GmbH
- Humintech
- Organic Approach, LLC
- Nature's Force Organics
- FAUST Bio-Agricultural Services, Inc.
- Nutri-Tech Solutions Pty Ltd.
- Agbest Technology Co., Limited
These companies employ strategies such as product launches, collaborations, joint ventures, and market expansions to strengthen their market positions.
Conclusion:
The report highlights essential aspects of the artificial humus market, enabling stakeholders to make informed decisions and capitalize on emerging opportunities.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+1 800-792-5285
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