The global humic acid market size was USD 712.8 Million in 2024 and is forecast to reach USD 1,410.2 Million by 2033. The market is expected to grow at a CAGR of 7.9% during the forecast period of 2025-2033. Growth is driven by the rising need to enhance agricultural productivity, increasing environmental concerns over chemical pollution and soil degradation, along with a growing focus on soil remediation solutions.
Study Assumption Years
Base Year: 2024
Historical Year/Period: 2019-2024
Forecast Year/Period: 2025-2033
Humic Acid Market Key Takeaways
Current Market Size: USD 712.8 Million in 2024
CAGR: 7.9% (2025-2033)
Forecast Period: 2025-2033
The market growth is propelled by the rising focus on sustainable agriculture and soil remediation.
Asia Pacific currently leads the humic acid market, supported by large population and food demand.
North America is emerging as a fast-growing market due to efforts in maximizing crop yields.
Key industry players include Agbest Technology Co. Limited, Arctech Inc., Cifo Srl, and The Andersons, Inc., among others.
Innovative formulations tailored to specific crops and applications are increasingly adopted.
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Market Growth Factors
The humic acid market is growing strongly due to the rising demand for sustainable and organic farming practices across the world. Farmers are increasingly shifting away from chemical fertilizers and adopting natural soil conditioners to improve long-term soil health. Humic acid enhances soil structure, increases water retention, and improves nutrient absorption, making it ideal for modern agriculture. Its effectiveness across powdered, granular, and liquid forms supports wide adoption in different farming systems. Government initiatives promoting eco-friendly farming and organic food production are also encouraging the use of humic acid. As agricultural productivity and soil fertility become top priorities, humic acid is gaining preference as a cost-effective and environmentally safe solution.
Improving soil health has become a major concern for farmers due to declining soil fertility and climate-related stress. Humic acid helps restore soil microbial activity and improves root development, leading to higher crop yields. Its ability to enhance nutrient efficiency reduces fertilizer wastage, which lowers input costs for farmers. Liquid humic acid is especially popular due to easy application through irrigation systems. This makes it suitable for large-scale and precision farming. As food demand rises globally, farmers are seeking solutions that increase productivity without damaging the soil. This growing focus on soil improvement is a key driver supporting the steady expansion of the humic acid market.
The application of humic acid in animal feed is emerging as a strong growth factor for the market. Humic acid improves digestion, enhances nutrient absorption, and supports gut health in livestock. It is increasingly used in poultry, cattle, and aquaculture feed to improve feed efficiency and animal immunity. Growing demand for high-quality meat and dairy products is encouraging livestock producers to adopt natural feed additives. Humic acid also helps reduce the need for antibiotics, aligning with clean-label and sustainable animal farming trends. As the global livestock industry expands, the use of humic acid in animal feed applications is expected to rise significantly.
Market Segmentation
Breakup by Form:
Powdered: Popular in agriculture for ease of application; mixes with soil and fertilizers; used for soil conditioning and seed treatment to enhance germination; also used in gardening and landscaping.
Granular: Used for long-term soil improvement; gradual release of humic substances; favored in turf management, golf courses, large-scale farming; suitable for organic farming.
Liquid: Versatile and applied via irrigation or foliar sprays; rapid nutrient uptake; suitable for crop nutrition, stress management, hydroponics, and aquaponics; can be blended with other agrochemicals.
Breakup by Sales Channel:
Direct: Sales from manufacturers directly to end-users (farmers, cooperatives); allows tailored solutions and technical support; used for bulk and customized orders.
Indirect: Involves intermediaries like distributors, retailers, and dealers; convenient for buying varied products locally; preferred by small-scale farmers and gardeners.
Breakup by Application:
Agriculture: Largest segment; humic acid improves soil health and nutrient uptake, increasing crop yields; applied directly or with fertilizers; supports conventional and organic practices.
Animal Feed
Pharmaceuticals
Horticulture
Others
Regional Insights
Asia Pacific dominates the global humic acid market due to its large population and rising food demand. It accounts for the largest market share, fueled by growing focus on yield enhancement and soil quality improvement. Rapid industrialization causing soil pollution necessitates soil remediation, increasing humic acid demand. India is a key market with 2.6 million hectares of organic cultivation and 4.43 million organic farmers, the highest worldwide. Supportive government policies in countries like Japan further stimulate sustainable agriculture adoption in the region.
Recent Developments & News
In February 2023, The Andersons Inc. launched MicroMark DG Humic, a granular micronutrient fertilizer containing calcium, manganese, sulfur, zinc, and humic acid, utilizing dispersing granule technology for improved efficacy. In September 2022, Humic Growth Solutions Inc., with a manufacturing presence in the US and Canada, received a strategic investment from Paine Schwartz Partners to enhance product quality and expand sustainable agriculture solutions.
Key Players
Agbest Technology Co. Limited
Arctech Inc.
Cifo Srl
Desarrollo Agrícola y Minero S.A.
Faust Bio-Agricultural Services, Inc
HGS BioScience
Humintech GmbH
Jiloca Industrial SA
Minerals Technologies Inc.
Saint Humic Acid
The Andersons, Inc.
WestMET LLC
Zhengzhou Shengda Khumic Agri Tech Co., Ltd
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