(MENAFN- GlobeNewsWire - Nasdaq) The global humic acid market, valued at US$881.71 million in 2023, is projected to reach US$1.70 billion by 2029, growing at a CAGR of 11.65%. Driven by demand for sustainable agriculture, humic acid enhances soil health, nutrient uptake, and water retention, making it vital in organic farming. Powdered humic acid dominates due to its ease of use and efficacy. North America leads with strong organic practices, while Asia-Pacific grows rapidly with its expanding agricultural sector. Trends include increased organic food demand and the use of humic acid in animal feed and cosmetics. Major players are strategically positioned for growth.

Dublin, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The "Humic Acid Market: 2025 Edition" report has been added to ResearchAndMarkets's offering.

The global humic acid market value in 2023 stood at US$881.71 million, and is likely to reach US$1.70 billion by 2029. The global humic acid market value is projected to grow at a CAGR of 11.65%, during the forecast period of 2024-2029.

The global humic acid market is fragmented and competitive catering to domestic and international demand. Players operating in the global humic acid market focus on providing high-quality products to fulfill customer demand. These players have a well-established customer base and dominate the market ranking with a high market share in the global humic acid market.
The humic acid market has experienced significant growth over the years primarily due to the increasing demand for sustainable and organic agricultural practices. Humic acid, derived from decomposed organic matter, is recognized for its ability to enhance soil fertility, improve nutrient uptake, and stimulate plant growth, making it a vital component in organic farming. Additionally, the rising awareness of the environmental impact of chemical fertilizers has driven farmers and agricultural businesses to seek eco-friendly alternatives, further propelling the market. The benefits of humic acid in improving soil structure, water retention, and microbial activity have also contributed to its growing popularity.

Moreover, government policies and incentives promoting organic farming and sustainable agriculture have supported market expansion. Other significant trends include increasing adoption of organic food, rising demand for natural animal feed products, rise of e-commerce, advancements in extraction processes, use of humic acid in the cosmetics industry, etc.

The North America humic acid market enjoyed the highest market share in 2023 as North America has a strong emphasis on sustainable and organic farming practices, driven by both consumer demand for organic products and stringent environmental regulations. Moreover, the use for humic acid products is increasing in the region owing to its broad application areas, including agriculture, nutraceuticals, environmental protection, etc. Additionally, the US being the largest economy in North America, has a well-developed infrastructure and distribution network for agricultural inputs, making humic acid products more readily available and accessible to farmers and gardeners.
While, Asia-Pacific region has been experiencing the fastest growth in the global humic acid market due to the rapid expansion of its agricultural sector and increasing adoption of sustainable farming practices. Countries like China and India, with their large agricultural bases, are increasingly recognizing the benefits of humic acid in improving soil fertility and crop productivity. Additionally, the rising demand for organic food products among a growing health-conscious population is driving farmers to adopt organic farming methods that utilize humic acid. Government initiatives and subsidies supporting sustainable agriculture and environmental conservation further stimulate market growth. The region's ongoing urbanization and industrialization also necessitate efficient soil management and bioremediation practices, contributing to the accelerated demand for humic acid in the Asia-Pacific.
Market Segmentation Analysis:

By Form: According to the report, the global humic acid market is bifurcated into three segments based on the form: powdered, granular and liquid. Powdered segment acquired majority of share in the market in 2023 and is the fastest growing segment as well due to its ease of application and versatility in various agricultural practices.

Powdered humic acid can be easily mixed with water or other fertilizers, allowing for efficient and uniform distribution in the soil. Its high solubility enhances nutrient availability and absorption by plants, making it particularly effective in promoting plant health and growth. Furthermore, the powdered form has a longer shelf life and is easier to transport and store compared to liquid or granular forms. These advantages have made powdered humic acid the preferred choice among farmers and agricultural businesses, driving its rapid market expansion.
By Application: According to the report, the global humic acid market is bifurcated into five applications: agriculture, horticulture, dietary supplements, ecological bioremediation and others. Agriculture acquired majority of share in the market in 2023, due to increasing population and food demand, increasing adoption of organic and sustainable farming practices, etc. Farmers and agricultural businesses are increasingly recognizing the environmental benefits of using humic acid as a natural soil conditioner and fertilizer alternative to reduce dependence on chemical inputs.

Additionally, the rising global demand for organic food products and the implementation of government policies and subsidies supporting sustainable agriculture practices have further driven the growth of the humic acid market in the agriculture sector. While, the dietary supplements segment is experiencing rapid growth in the global humic acid market due to the increasing awareness and demand for natural health products that support overall well-being. Humic acid, rich in essential minerals and trace elements, is known for its potential health benefits, including boosting the immune system, enhancing nutrient absorption, and detoxifying the body. Consumers are becoming more health-conscious and seeking supplements that are derived from natural sources, contributing to the popularity of humic acid-based products.

Market Dynamics

Growth Drivers

• Rise in Global Population and Huge Demand from Agriculture Sector
• Expansion of Humic Acid Applications
• Stringent Government Norms against the Use of Chemical Fertilizers
• Growing Concerns about Soil Degradation and Nutrient Depletion

Challenges

• Lack of Awareness among Farmers of Emerging Nations
• Lack of Standardization

Market Trends

• Increasing Demand for Organic Food Products
• E-commerce and Digital Platforms
• Sustainable Agriculture Practices
• Rising Demand for Natural Animal Feed Products
• Advancements In Extraction Processes
• Use of Humic Acid in the Cosmetics Industry

Global Market Analysis

Global Humic Acid Market: An Analysis

• Global Humic Acid Market: An Overview
• Global Humic Acid Market by Value
• Global Humic Acid Market by Form (Powdered, Granular and Liquid)
• Global Humic Acid Market by Application (Agriculture, Horticulture, Dietary Supplements, Ecological Remediation and Others)
• Global Humic Acid Market by Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Global Humic Acid Market: Form Analysis

• Global Humic Acid Market by Form: An Overview
• Global Powdered Humic Acid Market by Value
• Global Granular Humic Acid Market by Value
• Global Liquid Humic Acid Market by Value

Global Humic Acid Market: Application Analysis

• Global Humic Acid Market by Application: An Overview
• Global Agriculture Humic Acid Market by Value
• Global Horticulture Humic Acid Market by Value
• Global Dietary Supplements Humic Acid Market by Value
• Global Ecological Remediation Humic Acid Market by Value
• Global Others Humic Acid Market by Value

Key Players of Global Humic Acid Market

• The Andersons, Inc.
• Mineral Technologies Inc.
• Daymsa (Desarrollo Agricola y Minero, S.A.)
• Black Earth Products Inc.
• Grow More
• Humic Growth Solutions, Inc.
• Humintech GmbH
• Agriculture Solutions Inc.
• Faust Bio-Agricultural Services Inc
• MYCSA AG
• Cifo Srl
• Agro-link International Co., Ltd.
• Agbest Technology Co., Ltd.
• Reckitt Benckiser Group PLC

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