Global Artificial Humus Market Overview
According to SPER Market Research, the Global Artificial Humus Market is estimated to reach USD 0.35 billion by 2032 with a CAGR of 6.73%.
Humic acids, which are provided by humus, help to develop the soil. Greater water-holding capacity is seen in Humus-rich soils, humates are old geological formations that are primarily made up of plant materials and are naturally oxidised lignites. Humic acid is commonly utilised to promote nutrient uptake, water holding capacity, microbial growth, and soil characteristics in agriculture. Additionally, it helps to remove contaminants. Numerous biological, chemical, and physical advantages of humic acid exist also the oxygen content and cation-exchange capacity (CEC) both can be increased by humic acid. Additionally, because they can store ionised nutrients and stop them from draining away, humic acids are essential as a carrier for transporting nutrients from the soil to the plant. Similarly, humic acids are attracted to the depletion zone of plant roots. When they get to the roots of the plant, they transfer water and minerals there. Humic acids have a very long half-life in the ground and have a significant binding affinity for soils, although water leaching and wind and water erosion nevertheless deplete the soils of their humic acid content. Therefore, it is crucial to replenish them in order to preserve or enhance soil fertility. Inorganic fertilisers that are water-soluble are retained while organic and mineral uptake are improved by humic acid. Humic acid promotes plant enzymes, organic catalysts, microbial proliferation, root respiration, and root development. Additionally, humic acid boosts the plants' natural resistance against pests and disease and enhances nutrient intake. In addition, it encourages the development of amino acids, carbohydrates, and chloroplasts in plants, all of which are necessary for photosynthesis. As the organic food industry grows, there will likely be a greater demand for organic fertilisers and bio stimulants.. The need for organic fertilisers and biostimulants is anticipated to increase as the organic food sector expands. All of these growth-depicting elements in agriculture, is driving the market for humus and is expected to become a sustainable solution.
Impact of COVID-19 on the Global Artificial Humus Market
Due to the government's efforts to maintain social isolation, confinement, and retail occupancy levels, the COVID-19 infestation has led to a decline in product consumption, which can be ascribed to these efforts. A severe economic crisis has been caused by the COVID-19 epidemic, which is killing a lot of people globally. Companies faced challenges during the COVID-19 pandemic as a result of sporadic supply chain operations and a market that was subject to lockdowns and trade restrictions. The food and ornamental production chains have seen significant modifications.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Form, By Application
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Agbest Technology Co. Ltd, ARCTECH Inc, Cifo SRL, Faust Bio- Agricultural Services, Humintech, Humusolver, Nature’s Force Organics, Nutri-Tech Solutions, Novihum technologies GmbH, Ohio Earth Food, Organic Approach, Saint Humic Acid, The Anderson Inc, The Fertrell Company, Xian Shan Yuan
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Global Artificial Humus Market Segmentation:
1. By Form:
2. By Application:
- Agriculture
- Horticulture
- Ornamental and flowers
- Seed treatment
- Others
3. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Artificial Humus Market (FY’2019-FY’2032)
- Global Artificial Humus Market’s Overview
- Segmentation of Global Artificial Humus Market By Form (Granules, Liquid, Powder)
- Segmentation of Global Artificial Humus Market By Application (Agriculture, Horticulture, Ornamental and flowers, Seed treatment, Others)
- Statistical Snap of Global Artificial Humus Market
- Growth Analysis of Global Artificial Humus Market
- Problems and Challenges in Global Artificial Humus Market
- Competitive Landscape in the Global Artificial Humus Market
- Impact of COVID-19 and Demonetization on Global Artificial Humus Market
- Details on Recent Investment in Global Artificial Humus Market
- Competitive Analysis of Global Artificial Humus Market
- Major Players in the Global Artificial Humus Market
- SWOT Analysis of Global Artificial Humus Market
- Global Artificial Humus Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst