Humic Acid Market
To Reach USD
624.98 Million By
The global Humic Acid Market is expected to reach USD 624.98 million by 2026, according to a new report by
Reports and Data. Growing demand of humic acid from various applications coupled with increasing adoption of
organic farming globally is a key factor influencing market growth.
Further key findings from the report suggest
• Pharmaceutical segment is projected to be one of the fastest growing applications of the Humic Acid. It is
anticipated to grow at a CAGR of 5.7% in the forecast period. Humates which are formed from peat have been
used for the treatment of gastric, intestinal and hepatic diseases.
• Humic acid is generally used for musculoskeletal disorders, gynecological problems and skin treatment.
Adoption of humic acid in organic farming is expected to play a major role in improving the health of
consumers across the globe. Adoption of humic acid for producing animal feed is expected to ensure an
improved utilization of nutrients in animals thereby stabilizing the feces consistency of animals.
• Europe is projected to grow significantly in the forecast period. Manufacturers of animal feed in Europe are
also anticipated to adopt humic acid as an ingredient. Increasing gastrointestinal infections coupled with the
growing incidence of zoonotic diseases in the region is likely to lead to an increase in adoption of humic acid.
Market Size – USD 5.21 billion in 2018, Market Growth - CAGR of 18.9%, Market Trends – Enhanced growth
of 3D technologies and increase in demand for 3D medical imaging.
Product Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-
• Powdered Form
• Granular Form
Application Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-
• Animal Feed
Nutri-Tech Solutions, Humintech GmbH, Humic Growth Solutions,