Report Overview:
Humic acid is an organic molecule having major role in soil fertility and plant nutrition. It is rich in carbon, phenolic, carboxylic, carbohydrates, and enolic groups. Humic acid water-soluble fertilizers consist of humic acid and macronutrients. They improve the structure & water storage capacity of soils and boost the drought & disease resistance quality of plants. In addition, they enhance the yield of crops, increase production of vegetables & fruits, facilitate growth of superior & deep rooted turf, improve fertilizer uptake of plant, and support ecological balance.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Humic Acid Water Soluble Fertilizers Market, this report introduces in detail the market share, market performance.
Market Value:
The Global Humic Acid Water Soluble Fertilizers Market was valued at US$ 485.2 million in 2023 and is projected to reach US$ 679.8 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (20232030).
CAGR of 5.2%
(2023-2030)
