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European Humic Acid Market size to cross $306 Mn by 2027

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European Humic Acid Market size is poised to exceed USD 306 million by 2027, according to a latest forecast report by Graphical Research.

The rising awareness about potential health hazards owing to the usage synthetic fertilizers along with a continuous rising cultivation cost will result in low profits among farmers. This has driven the requirement to limit the usage of synthetic materials in the agriculture sector. The implementation of stringent regulations on the usage of synthetic chemicals in farming in the European Union is expected to showcase a positive impact on industry expansion. Further, the European Union passed a new policy for an effective legal framework for the organic farming sector that came into force on 1 January 2021. The organic farming supporting legislation coupled with increased consumer interest in organic products will drive the demand during the forecast period.

Humic acids can be used in the future to modify bitumen-based products such as roofing materials, coatings, sealants, mastics, etc. It is observed that humic acids can stabilize certain types of asphalts. There is a possibility of using humic acid in batteries as an expander in lead accumulator. It acts as a surface-active material and affects the lead morphology, thereby increasing the charge potential of battery at a significant scale. Humic acid can be utilized to modify the rheological properties of black or dark colored printing inks. Humic acid’s property to limit the penetration of certain oils into porous substrates can be used to produce better printing ink formation. 

Browse detailed statistical insights from the report, “Europe Humic Acid Market Forecast 2027 By Application (Agriculture, Ecological Bioremediation, Horticulture, Dietary Supplements), Research Report, Country Outlook (France, UK, Spain, Germany, Italy), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @

https://www.graphicalresearch.com/industry-insights/1850/europe-humic-acid-market

Based on application, agriculture holds dominance in the market and is expected to generate around USD 178.7 million revenue by 2027. The dominance is owing to the extensive usage of humic acid products in the agriculture industry as an eco-friendly alternative for chemical fertilizers to enhance crop productivity by improving the soil fertility. The product will foresee high adoption owing to the increasing awareness among farmers for its long-term benefits along with stringent regulations against the use of chemical fertilizers. Farmers in the emerging economies are expected to adopt the product for farming during the forecast period owing to decreasing arable land that is attributed to rapid industrialization and urbanization.

Germany is expected to showcase a growth rate of around 11.8%in the humic acid market. The rising adoption of organic farming in the country is the key reason for growing humic acid consumption. In 2019, the country possessed around 10% farming land for organic farming, which grew by around 50% in the last five years. The country converted around 107,000 hectares of lands into organic farming in 2019, which grew by around 6.6% as compared to 2018. Further, the proliferating horticulture and dietary supplement sector in the country will drive the demand for humic acid products.

The European humic acid market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:

Europe Market, By Application

  • Agriculture
  • Ecological Bioremediation
  • Horticulture
  • Dietary Supplements
  • Others

The above information has been provided for the following countries:

  • Europe 
    • Germany
    • UK
    • France
    • Spain
    • Italy