Humic-based Bio stimulants Market: Market Segments: By Formulation (Liquid, Water-soluble powders, Water-soluble granules and Other); By Type (Humic acid, Fulvic acid and Potassium humate); By Application (Foliar treatment, Seed treatment and Soil treatment); and Region – Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Humic-based Bio stimulants Market: Market Segments: By Formulation (Liquid, Water-soluble powders, Water-soluble granules and Other); By Type (Humic acid, Fulvic acid and Potassium humate); By Application (Foliar treatment, Seed treatment and Soil treatment); and Region – Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Product Overview
Bio stimulant is a naturally derived additive or microorganism applied to crops to enhance nutrition efficiency, abiotic stress tolerance, and crop quality. Bio stimulants are applied to plants such as fruits & vegetables, oilseeds & pulses, cereals & grains, and turfs & ornamentals. There are different methods to apply Bio stimulants to the plants, including foliar treatment, soil treatment, and seed treatment. During foliar feeding, Bio stimulants are used to parts that are visible above the ground and are considered an essential part of crop production, especially on horticultural crops. Soil treatment with Bio stimulants is provided to the degraded soil to enhance the soil quality for agriculture. Seed treatment aims to reduce disease development from seed-borne fungi, that are present within seeds, without affecting the viability and germination capacity of the seed. There numberers of active ingredients used in Bio stimulants such as humic substances, seaweed extracts, amino acids, microbial amendments, and many more.
Market Highlights
Humic-based Bio stimulants Market is expected to project a notable CAGR of 10.6% in 2030.
Humic-based Bio stimulants Market to surpass USD 900 million by 2030 from USD 502 million in terms of value growing at a CAGR of 10.6% throughout the forecast period, i.e., 2020-30. Due to associated benefits and an increase in the need for sustainable agriculture and reduced exploitation and wastage of traditional synthetic fertilizers, the humic-based Bio stimulants industry has been gaining momentum. The simple availability of raw materials for humic-based Bio stimulants such as humic acid also draws attention to the production of new and successful active ingredients in Bio stimulants by key players on the market. Over the forecast period, increased emphasis on improving productivity, coupled with rapid soil degradation, is likely to drive the demand.
Humic-based bio stimulants Market: Segments
Foliar treatment segment to grow with the highest CAGR during 2020-30
Humic-based Bio stimulants Market is segmented by application as Foliar treatment, Seed treats, meant, and Soil treatment. The foliar application technique segment is estimated to lead the market with a share of XX.X% in 2019. In the foliar treatment of plants, to promote easier absorption of nutrients, the chemical is directly applied to the leaves. Absorption through the epidermis and stomata is carried oTor to make it easier to submit, Bio stimulants advertised for foliar treatment are mainly sold in liquid form. One of the main active ingredients used for foliar application in these products is glycine betaine, chelated nutrients, and IPA molecules. The treatment helps leaves to consume nutrients faster, improves nutrient absorption, and increases cellular activity. As opposed to traditional spraying methods, seed treatment is among the most cost-effective applications. The therapy is both performance-efficient and not as labor-intensive as other therapies.
Fulvic acid Segment to grow with the highest CAGR during 2020-30
Humic-based Bio stimulants Market is segmented by type into Humic acid, Fulvic, acid, and Potassium humate. The SaaS model segment accounted for the largest revenue share of XX.X% in 2019. Humic acid is readily available in the soil's humic content. This improves the soil's microbial activity, increasing the health of the soil. It also helps nutrient uptake, water absorption, and also battles against different pests. It is therefore expected that the segment of humic acid will expand in the future. Fulvic, humic, and amino acid-based products are included in the acid-based section. Amino acids are among the key originators of phytohormones and help to stimulate plant metabolic processes and germinate seeds. Fretting, flowering, pollination, and fruit production in the plant are stimulated by them. Naturally occurring humic compounds are end products arising from the decomposition of microorganisms such as bacteria and fungi and the chemical degradation of soil residues of animals and plants.
Humic-based bio stimulants Market: Market Dynamics
Drivers
Demand for the adoption of sustainable solutions
There is tremendous pressure exerted to grow crops with high-quality yields to satisfy the growing demand for food. By offering protection against stress and thus promoting the growth of the plant, humic-based Bio stimulants can resolve this problem sustainably. Due to rising consumer awareness of the benefits of organic foods, the introduction of organic legislation, and the adoption of Global Sustainable Agricultural Practices policies, the demand for Bio stimulants is expected to rise in the coming years. In improving the physicochemical, chemical, and biological properties of the soil, humic-based Bio stimulants can play an important role.
Restrain
Lack the authenticity of bio stimulant products
In different countries, the lack of clarity in patent security laws has contributed to the proliferation of low-quality goods. The regulatory structure for Bio stimulants, which was ambiguous among several regulatory bodies worldwide, allowed these duplicate products to be launched. Although the market for humic-based Bio stimulants has reduced entry barriers and has allowed many competitors to begin operations, the nature of the market has become fragmented into smaller market holding pockets
Humic-based bio stimulants Market: Key Players
Koppert B.V. (Netherland)
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.
China Daily Co., Ltd. (China)
Agriculture Solutions Inc. (Canada)
Eastman Chemical Company (US)
Arysta Lifescience Corporation (India)
Agrinos AS (US)
BASF SE(Germany)
Isagro SpA (Italy)
Valagro SpA (Italy)
Bayer Ag (Germany)
Italpollina SpA (Italy)
Biolchim SpA (Italy)
Koppert Biological Systems (Netherland)
Acadian Seaplants Ltd. (India)
FMC Corporation (US)
Humic-based Bio stimulants Market: Regions
Humic-based Bio stimulants Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
Humic-based Bio stimulants Market in North America led the market with a lion share of XX.X in 2019 and is projected to maintain its lead over the forecast period. Due to various technological advances, the agricultural industry in Asia especially in the countries of Southeast Asia, is witnessing an effective transformation. The factors that are projected to drive the market for humic-based Bio stimulants in this area are the increase in agricultural practices and the demand for agricultural products that can meet international standards. High-quality Bio stimulants have been developed and different new bioactive molecules have been patented. Asian countries are turning to sustainable agriculture, such as China, Japan, and the southeast. The demand for humic-based Bio stimulants in the area is therefore strong.
Competitive Landscape:
The Humic-based Bio stimulants market, which is highly competitive, consists of several major players such as Bayer AG (Germany), FMC Corporation (US), UPL Ltd (India), Borregaard (Norway), Koppert Biological Systems (Netherlands), Valagro SpA (Italy), Biolchim SpA (Italy), Haifa Group (Israel) hold a substantial market share in the Humic-based Bio stimulants market. Other players analyzed in this report are Sikko International Ltd (India), Novihum Technologies GMBH (Germany), Humintech GMBH (Germany), Qingdao Future Group (China), Promisol (Spain), Bioline (Canada), Humic Growth Solutions (Florida), Actagro (US), Rovensa (Portugal), Tagrow (China), CIFO (Italy), Loveland (US) among others.
Key players are adopting in-organic growth strategies such as product launches in the global nutritional supplement market. For instance, In July 2019, Valagro announced a research collaboration with Marrone Bio Innovations (US) to leverage their assets to develop plants that can thrive under harsh conditions, grow with more vigor, and have better root systems.
Humic-based Bio stimulants Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Humic-based bio stimulants Market report also contains analysis on:
Humic-based bio stimulants Market Segments:
By formulation:
Liquid
Water-soluble powders
Water-soluble granules
Other
By type:
Humic acid
Fulvic acid
Potassium humate
By Application:
Foliar treatment
Seed treatment
Soil treatment
Humic-based Bio stimulants Market Dynamics
Humic-based Bio stimulants Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Humic-based Bio stimulants Market
Which segment is anticipated to hold the largest market share
At what CAGR is the market anticipated to grow between 2020 and 2030
Who are the key players in the Humic-based Bio stimulants Market
What could be the challenging factors in the growth of the Humic-based Bio stimulants Market
What are the growth drivers for the Humic-based Bio stimulants Market
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Contents
1. Executive Summary
2. Humic-based Biostimulants Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Humic-based Bio stimulants Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Humic-based Bio stimulants Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Humic-based Biostimulants: Market Segmentation
12.1. By Regions
12.1.1. North America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. MEA:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Latin America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By formulation: Market Share (2020-2030F)
12.2.1. Liquid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Water-soluble powders, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Water-soluble granules, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3 By type: Market Share (2020-2030F)
12.3.1. Humic acid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Fulvic acid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Potassium humate, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4. By Application: Market Share (2020-2030F)
12.4.1. Foliar treatment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Seed treatment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. Soil treatment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. Company Profile
13.1.1. Koppert B.V. (Netherland).
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
13.2. China Daily Co., Ltd. (China)
13.3. Agriculture Solutions Inc. (Canada)
13.4. Eastman Chemical Company (US)
13.5. Arysta Lifescience Corporation (India)
13.6. Agrinos AS (US)
13.7. BASF SE(Germany)
13.8. Isagro SpA (Italy)
13.9. Valagro SpA (Italy)
13.10. Bayer Ag (Germany)
13.11. Italpollina SpA (Italy)
13.12. Biolchim SpA (Italy)
13.13. Koppert Biological Systems (Netherland)
13.14. Acadian Seaplants Ltd. (India)
13.15. FMC Corporation (US)
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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