The Artificial Humus Market valued for $169.6 million in 2021 and is estimated to reach $314.3 million by 2031, exhibiting a CAGR of 6.5% from 2022 to 2031.
The demand for organic food has increased tremendously over the past few years due to health concerns. Also, the rise in population surged the demand for food across the globe. Artificial humus is widely used in agriculture due to its excellent properties.
Food is essential to life. The population of the world has multiplied over the past century and will continue to grow by 2030 and 2050. Future food demand will increase due to the growing global population. According to the Food and Agricultural Organization of the United Nations (FAO), the global food production will need to increase by 70% if the population reaches 9.1 billion by 2050. Artificial humus plays a crucial role in the production of crops with good yields. Humus contains many useful nutrients for healthy soil. One of the most important is nitrogen. Nitrogen is a key nutrient for most plants. Agriculture depends on nitrogen and other nutrients found in humus. The ability to absorb and hold moisture is provided by humus to the soil. Such soils do not dry out and require a lot less irrigation. Moreover, rhizobacteria, which is crucial for all legume nodulation, as well as other well-known bacteria, like the phosphate solubilizing bacteria, are supported by humus. Owing to these advantages of humus, the production of crops is increased immensely to meet the demand for food globally. This in turn has boosted the growth of the artificial humus market.
Moreover, the demand for horticulture practices is increasing leading to the high usage of artificial humus. In order to produce crops with a high yield and good quality in a short amount of time, such as in greenhouses, it is necessary to create suitable microclimates that allow for year-round or seasonal agriculture. Artificial humus provides all the favorable conditions required for the production of flowers, vegetables and fruits.
Furthermore, the development of an ideal growing medium (soil or substrate) with the necessary physical, chemical, and biological qualities is equally as vital as the optimization and regulation of environmental parameters typically employed, such as temperature, light, carbon dioxide, and relative humidity. The application of humic acid-based products helps to prepare a desirable growing medium by providing good porosity, raising cation exchange capacity (CEC), and enhancing biological activity. As a result, the growing medium has good aeration, is easier for roots to penetrate, stores nutrients and water more effectively, buffers pH against severe ranges, and has lower salinity. For instance, a well-developed root system improves a plant's ability to absorb nutrients as well as its resistance to disease.
The artificial humus market is segmented on the basis of form, application and region. On the basis of form, artificial humus market is segmented into powder, liquid and granules. On the basis of application, the artificial humus market is segmented into agriculture, horticulture, ornamental & flowers, seed treatment, and others. The regional market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the industry include Humusolver, The Fertrell Company, Ohio Earth Food, Novihum Technologies GmbH, Humintech, Organic Approach, LLC., Nature's Force Organics, FAUST BIO-AGRICULTURAL SERVICES, INC., Nutri-Tech Solutions Pty Ltd. and AGBEST TECHNOLOGY CO.,LIMITED. These players have adopted product launch, acquisition, and business expansion as their key strategies to increase their market shares.
The demand for organic food has increased tremendously over the past few years due to health concerns. Also, the rise in population surged the demand for food across the globe. Artificial humus is widely used in agriculture due to its excellent properties.
Food is essential to life. The population of the world has multiplied over the past century and will continue to grow by 2030 and 2050. Future food demand will increase due to the growing global population. According to the Food and Agricultural Organization of the United Nations (FAO), the global food production will need to increase by 70% if the population reaches 9.1 billion by 2050. Artificial humus plays a crucial role in the production of crops with good yields. Humus contains many useful nutrients for healthy soil. One of the most important is nitrogen. Nitrogen is a key nutrient for most plants. Agriculture depends on nitrogen and other nutrients found in humus. The ability to absorb and hold moisture is provided by humus to the soil. Such soils do not dry out and require a lot less irrigation. Moreover, rhizobacteria, which is crucial for all legume nodulation, as well as other well-known bacteria, like the phosphate solubilizing bacteria, are supported by humus. Owing to these advantages of humus, the production of crops is increased immensely to meet the demand for food globally. This in turn has boosted the growth of the artificial humus market.
Moreover, the demand for horticulture practices is increasing leading to the high usage of artificial humus. In order to produce crops with a high yield and good quality in a short amount of time, such as in greenhouses, it is necessary to create suitable microclimates that allow for year-round or seasonal agriculture. Artificial humus provides all the favorable conditions required for the production of flowers, vegetables and fruits.
Furthermore, the development of an ideal growing medium (soil or substrate) with the necessary physical, chemical, and biological qualities is equally as vital as the optimization and regulation of environmental parameters typically employed, such as temperature, light, carbon dioxide, and relative humidity. The application of humic acid-based products helps to prepare a desirable growing medium by providing good porosity, raising cation exchange capacity (CEC), and enhancing biological activity. As a result, the growing medium has good aeration, is easier for roots to penetrate, stores nutrients and water more effectively, buffers pH against severe ranges, and has lower salinity. For instance, a well-developed root system improves a plant's ability to absorb nutrients as well as its resistance to disease.
The artificial humus market is segmented on the basis of form, application and region. On the basis of form, artificial humus market is segmented into powder, liquid and granules. On the basis of application, the artificial humus market is segmented into agriculture, horticulture, ornamental & flowers, seed treatment, and others. The regional market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the industry include Humusolver, The Fertrell Company, Ohio Earth Food, Novihum Technologies GmbH, Humintech, Organic Approach, LLC., Nature's Force Organics, FAUST BIO-AGRICULTURAL SERVICES, INC., Nutri-Tech Solutions Pty Ltd. and AGBEST TECHNOLOGY CO.,LIMITED. These players have adopted product launch, acquisition, and business expansion as their key strategies to increase their market shares.
IMPACT OF COVID-19 ON THE GLOBAL ARTIFICIAL HUMUS MARKET
During the COVID-19 pandemic Cases of shortages and/or surpluses, a lack of the availability of labor, and a reduction in demand for some food products and flowers have occurred. New food production approaches have emerged and a reconnection between farmers and consumers has been spreading, thereby facilitating product distribution.Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the artificial humus market analysis from 2021 to 2031 to identify the prevailing artificial humus market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the artificial humus market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global artificial humus market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Form
- Powder
- Liquid
- Granules
By Application
- Agriculture
- Horticulture
- Ornamental and Flowers
- Seed Treatment
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- South Arabia
- Rest of LAMEA
Key Market Players
- Humusolver
- The Fertrell Company
- Ohio Earth Food
- Novihum Technologies GmbH
- Humintech
- Nature's Force Organics
- FAUST BIO-AGRICULTURAL SERVICES, INC.
- Nutri-Tech Solutions Pty Ltd.
- Organic Approach, LLC.
- AGBEST TECHNOLOGY CO.,LIMITED
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. High bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. High threat of substitutes
3.3.4. Moderate threat of new entrants
3.3.5. Moderate intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Benefits of artificial humus
3.4.1.2. High demand of artificial humus across various applications
3.4.2. Restraints
3.4.2.1. Lack of awareness about artificial humus
3.4.3. Opportunities
3.4.3.1. High demand of artificial humus in horticulture and agriculture
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Patent Landscape
3.8. Pricing Analysis
3.9. Value Chain Analysis
CHAPTER 4: ARTIFICIAL HUMUS MARKET, BY FORM
4.1. Overview
4.1.1. Market size and forecast
4.2. Powder
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Liquid
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Granules
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
CHAPTER 5: ARTIFICIAL HUMUS MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Agriculture
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Horticulture
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Ornamental and Flowers
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Seed Treatment
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: ARTIFICIAL HUMUS MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Form
6.2.3. Market size and forecast, by Application
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Form
6.2.4.1.3. Market size and forecast, by Application
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Form
6.2.4.2.3. Market size and forecast, by Application
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Form
6.2.4.3.3. Market size and forecast, by Application
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Form
6.3.3. Market size and forecast, by Application
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Form
6.3.4.1.3. Market size and forecast, by Application
6.3.4.2. France
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Form
6.3.4.2.3. Market size and forecast, by Application
6.3.4.3. Italy
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Form
6.3.4.3.3. Market size and forecast, by Application
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Form
6.3.4.4.3. Market size and forecast, by Application
6.3.4.5. UK
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Form
6.3.4.5.3. Market size and forecast, by Application
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Form
6.3.4.6.3. Market size and forecast, by Application
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Form
6.4.3. Market size and forecast, by Application
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Form
6.4.4.1.3. Market size and forecast, by Application
6.4.4.2. India
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Form
6.4.4.2.3. Market size and forecast, by Application
6.4.4.3. Japan
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Form
6.4.4.3.3. Market size and forecast, by Application
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Form
6.4.4.4.3. Market size and forecast, by Application
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Form
6.4.4.5.3. Market size and forecast, by Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Form
6.4.4.6.3. Market size and forecast, by Application
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Form
6.5.3. Market size and forecast, by Application
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Form
6.5.4.1.3. Market size and forecast, by Application
6.5.4.2. South Africa
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Form
6.5.4.2.3. Market size and forecast, by Application
6.5.4.3. South Arabia
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Form
6.5.4.3.3. Market size and forecast, by Application
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Form
6.5.4.4.3. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. Novihum Technologies GmbH
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Key strategic moves and developments
8.2. Humintech
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.3. Humusolver
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. The Fertrell Company
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. Ohio Earth Food
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.6. Organic Approach, LLC.
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.7. Nature's Force Organics
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.8. FAUST BIO-AGRICULTURAL SERVICES, INC.
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. Nutri-Tech Solutions Pty Ltd.
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. AGBEST TECHNOLOGY CO.,LIMITED
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
List of Tables
Table 01. Global Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 02. Artificial Humus Market for Powder, by Region, 2021-2031 (Revenue, $Million)
Table 03. Artificial Humus Market for Liquid, by Region, 2021-2031 (Revenue, $Million)
Table 04. Artificial Humus Market for Granules, by Region, 2021-2031 (Revenue, $Million)
Table 05. Global Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 06. Artificial Humus Market for Agriculture, by Region, 2021-2031 (Revenue, $Million)
Table 07. Artificial Humus Market for Horticulture, by Region, 2021-2031 (Revenue, $Million)
Table 08. Artificial Humus Market for Ornamental and Flowers, by Region, 2021-2031 (Revenue, $Million)
Table 09. Artificial Humus Market for Seed Treatment, by Region, 2021-2031 (Revenue, $Million)
Table 10. Artificial Humus Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 11. Artificial Humus Market, by Region, 2021-2031 (Revenue, $Million)
Table 12. North America Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 13. North America Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 14. North America Artificial Humus Market, by Country, 2021-2031 (Revenue, $Million)
Table 15. U.S. Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 16. U.S. Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 17. Canada Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 18. Canada Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 19. Mexico Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 20. Mexico Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 21. Europe Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 22. Europe Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 23. Europe Artificial Humus Market, by Country, 2021-2031 (Revenue, $Million)
Table 24. Germany Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 25. Germany Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 26. France Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 27. France Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 28. Italy Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 29. Italy Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 30. Spain Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 31. Spain Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 32. UK Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 33. UK Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 34. Rest of Europe Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 35. Rest of Europe Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 36. Asia-Pacific Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 37. Asia-Pacific Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 38. Asia-Pacific Artificial Humus Market, by Country, 2021-2031 (Revenue, $Million)
Table 39. China Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 40. China Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 41. India Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 42. India Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 43. Japan Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 44. Japan Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 45. South Korea Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 46. South Korea Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 47. Australia Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 48. Australia Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 49. Rest of Asia-Pacific Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 50. Rest of Asia-Pacific Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 51. LAMEA Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 52. LAMEA Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 53. LAMEA Artificial Humus Market, by Country, 2021-2031 (Revenue, $Million)
Table 54. Brazil Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 55. Brazil Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 56. South Africa Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 57. South Africa Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 58. South Arabia Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 59. South Arabia Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 60. Rest of LAMEA Artificial Humus Market, by Form, 2021-2031 (Revenue, $Million)
Table 61. Rest of LAMEA Artificial Humus Market, by Application, 2021-2031 (Revenue, $Million)
Table 62. Novihum Technologies Gmbh: Key Executives
Table 63. Novihum Technologies Gmbh: Company Snapshot
Table 64. Novihum Technologies Gmbh: Product Segments
Table 65. Novihum Technologies Gmbh: Product Portfolio
Table 66. Novihum Technologies Gmbh: Key Stratergies
Table 67. Humintech: Key Executives
Table 68. Humintech: Company Snapshot
Table 69. Humintech: Product Segments
Table 70. Humintech: Product Portfolio
Table 71. Humusolver: Key Executives
Table 72. Humusolver: Company Snapshot
Table 73. Humusolver: Product Segments
Table 74. Humusolver: Product Portfolio
Table 75. The Fertrell Company: Key Executives
Table 76. The Fertrell Company: Company Snapshot
Table 77. The Fertrell Company: Product Segments
Table 78. The Fertrell Company: Product Portfolio
Table 79. Ohio Earth Food: Key Executives
Table 80. Ohio Earth Food: Company Snapshot
Table 81. Ohio Earth Food: Product Segments
Table 82. Ohio Earth Food: Product Portfolio
Table 83. Organic Approach, LLC.: Key Executives
Table 84. Organic Approach, LLC.: Company Snapshot
Table 85. Organic Approach, LLC.: Product Segments
Table 86. Organic Approach, LLC.: Product Portfolio
Table 87. Nature's Force Organics: Key Executives
Table 88. Nature's Force Organics: Company Snapshot
Table 89. Nature's Force Organics: Product Segments
Table 90. Nature's Force Organics: Product Portfolio
Table 91. Faust Bio-Agricultural Services, Inc.: Key Executives
Table 92. Faust Bio-Agricultural Services, Inc.: Company Snapshot
Table 93. Faust Bio-Agricultural Services, Inc.: Product Segments
Table 94. Faust Bio-Agricultural Services, Inc.: Product Portfolio
Table 95. Nutri-Tech Solutions Pty Ltd.: Key Executives
Table 96. Nutri-Tech Solutions Pty Ltd.: Company Snapshot
Table 97. Nutri-Tech Solutions Pty Ltd.: Product Segments
Table 98. Nutri-Tech Solutions Pty Ltd.: Product Portfolio
Table 99. Agbest Technology Co.Limited: Key Executives
Table 100. Agbest Technology Co.Limited: Company Snapshot
Table 101. Agbest Technology Co.Limited: Product Segments
Table 102. Agbest Technology Co.Limited: Product Portfolio
List of Figures
Figure 01. Artificial Humus Market, 2021-2031
Figure 02. Segmentation of Artificial Humus Market, 2021-2031
Figure 03. Top Investment Pockets in Artificial Humus Market (2022-2031)
Figure 04. High Bargaining Power of Suppliers
Figure 05. High Bargaining Power of Buyers
Figure 06. High Threat of Substitutes
Figure 07. Moderate Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalartificial Humus Market
Figure 10. Impact of Key Regulation: Artificial Humus Market
Figure 11. Patent Analysis by Company
Figure 12. Patent Analysis by Country
Figure 13. Pricing Analysis: Artificial Humus Market 2021 and 2031
Figure 14. Value Chain Analysis: Artificial Humus Market
Figure 15. Artificial Humus Market, by Form, 2021 (%)
Figure 16. Comparative Share Analysis of Artificial Humus Market for Powder, by Country 2021-2031 (%)
Figure 17. Comparative Share Analysis of Artificial Humus Market for Liquid, by Country 2021-2031 (%)
Figure 18. Comparative Share Analysis of Artificial Humus Market for Granules, by Country 2021-2031 (%)
Figure 19. Artificial Humus Market, by Application, 2021 (%)
Figure 20. Comparative Share Analysis of Artificial Humus Market for Agriculture, by Country 2021-2031 (%)
Figure 21. Comparative Share Analysis of Artificial Humus Market for Horticulture, by Country 2021-2031 (%)
Figure 22. Comparative Share Analysis of Artificial Humus Market for Ornamental and Flowers, by Country 2021-2031 (%)
Figure 23. Comparative Share Analysis of Artificial Humus Market for Seed Treatment, by Country 2021-2031 (%)
Figure 24. Comparative Share Analysis of Artificial Humus Market for Others, by Country 2021-2031 (%)
Figure 25. Artificial Humus Market by Region, 2021
Figure 26. U.S. Artificial Humus Market, 2021-2031 ($Million)
Figure 27. Canada Artificial Humus Market, 2021-2031 ($Million)
Figure 28. Mexico Artificial Humus Market, 2021-2031 ($Million)
Figure 29. Germany Artificial Humus Market, 2021-2031 ($Million)
Figure 30. France Artificial Humus Market, 2021-2031 ($Million)
Figure 31. Italy Artificial Humus Market, 2021-2031 ($Million)
Figure 32. Spain Artificial Humus Market, 2021-2031 ($Million)
Figure 33. UK Artificial Humus Market, 2021-2031 ($Million)
Figure 34. Rest of Europe Artificial Humus Market, 2021-2031 ($Million)
Figure 35. China Artificial Humus Market, 2021-2031 ($Million)
Figure 36. India Artificial Humus Market, 2021-2031 ($Million)
Figure 37. Japan Artificial Humus Market, 2021-2031 ($Million)
Figure 38. South Korea Artificial Humus Market, 2021-2031 ($Million)
Figure 39. Australia Artificial Humus Market, 2021-2031 ($Million)
Figure 40. Rest of Asia-Pacific Artificial Humus Market, 2021-2031 ($Million)
Figure 41. Brazil Artificial Humus Market, 2021-2031 ($Million)
Figure 42. South Africa Artificial Humus Market, 2021-2031 ($Million)
Figure 43. South Arabia Artificial Humus Market, 2021-2031 ($Million)
Figure 44. Rest of LAMEA Artificial Humus Market, 2021-2031 ($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap: Artificial Humus Market
Figure 51. Top Player Positioning, 2021
Executive Summary
According to the report titled, “Artificial Humus Market," The artificial humus market was valued at $169.6 million in 2021, and is estimated to reach $314.3 million by 2031, growing at a CAGR of 6.5% from 2022 to 2031.Artificial humus is available in three forms such as powder, liquid and granular which is employed for various purposes. It can be sprayed on the plants to improve their appearance and overall growth. Liquid form is hugely used as it is easy to apply and economical. Humic acid liquid helps the micronutrients to penetrate into the root nodules faster. It stores the nutrients in a form that makes absorption simple. It improves hormones as well. In addition, it boosts the amount of organic matter in the soil, creating a faster channel via the roots for micronutrients to enter, making it simpler for plants to take nutrients from the soil, and increases plant resistance to environmental stressors. Furthermore, it promotes the growth of white roots and boosts phosphorus, iron, manganese, and zinc availability. It increases the transport of micronutrients in crops and activates plant hormones. Various key players are providing its products in the form of liquid. For instance, Humintech offers HUMICRAFT Liquid which is an organic, liquid fertilizer based on potassium humate (activated humic acids), algae extract and amino acids.
Furthermore, artificial humus is also utilized in turfs and meadow, vineyards and orchards. The need for turfs and meadow has increased due to the rising popularity of sporting events and the soaring demand in commercial and residential landscaping. Humic chemicals, stimulate the formation of antioxidants and improve photosynthetic activity, increasing the turfgrass' resistance to biotic and abiotic stressors, including infection. Humates are frequently used in viticulture, and they are particularly successful when used in ecological viticulture. When the artificial humus solution is applied topically to creeping bentgrass, it increased its capacity for photosynthetic activity, especially during the summer when it had decreased due to environmental stress. Foliar application of humic acid on turfgrass significantly enhances the presence of various antioxidants in leaves. Therefore, with the use of artificial humus, it could be a useful part of an integrated pest management strategy in turfgrass culture. Moreover, the accumulation of humic compounds in soils improves nutrient availability, temperature, and pH range, as well as health maintenance against soil-borne diseases. When vineyards are grown on slopes or during times of excessive rainfall, root development and water infiltration are improved by the application of humic acid in order to decrease erosion. Owing to these benefits of humic acid in the formation of turfs, meadows, vineyards and orchards, the demand for artificial humus is expected to increase the markets’ growth.
High demand for artificial humus in horticulture and agriculture
One of the major constraints is the lack of awareness and proper knowledge regarding artificial humus and the use of artificial humus. It is necessary to guide farmers about vermicomposting and the appropriate use of artificial humus by organizing various training and extension activities. Innovative and effective agricultural activities must be developed to educate and assist farmers in organic farming. They should be educated about the process and use of artificial humus and the quantities of artificial humus that should be applied to achieve the best results in agricultural fields. The higher cost of artificial humus than chemical fertilizer is also an obstacle for farmers to adopt organic farming on a large scale. Hence the lack of availability of humus concentrates across low economic regions along with low awareness about the product might limit the growth of the artificial humus market during the forecast period.The artificial humus market is segmented on the basis of form type, applications and region. On the basis of form type, the market is divided into powder, liquid and granules. Depending on the application, the market is classified into agriculture, horticulture, ornamental and flowers, seed treatment and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The key players operating in the global artificial humus market are Humusolver, The Fertrell Company, Ohio Earth Food, Novihum Technologies GmbH, Humintech, Organic Approach, LLC., Nature's Force Organics, FAUST BIO-AGRICULTURAL SERVICES, INC., Nutri-Tech Solutions Pty Ltd. and AGBEST TECHNOLOGY CO.,LIMITED.
COVID-19 Impact Analysis
Several manufacturing companies have either shut down or shrank their operations due to the risk of infections among the workforce where artificial humus is widely manufactured which is used in agriculture and other applications. This has temporarily hampered the demand for the artificial humus market amid the COVID-19 period.Cases of shortages and/or surpluses, a lack of the availability of labor, and a reduction in demand for some food products and flowers have occurred. New food production approaches have emerged and a reconnection between farmers and consumers has been spreading, thereby facilitating product distribution.
KEY FINDINGS OF THE STUDY
- On the basis of type, the powder segment is projected to grow at the highest CAGR of approximately 6.6%, in terms of revenue, during the forecast period.
- On the basis of application, the horticulture segment is projected to grow at the highest CAGR of approximately 6.9%, in terms of revenue, during the forecast period.
- On the basis of region, the Asia-Pacific segment is projected to grow at the highest CAGR of approximately 6.8%, in terms of revenue, during the forecast period.
Companies Mentioned
- Humusolver
- The Fertrell Company
- Ohio Earth Food
- Novihum Technologies GmbH
- Humintech
- Nature's Force Organics
- FAUST BIO-AGRICULTURAL SERVICES, INC.
- Nutri-Tech Solutions Pty Ltd.
- Organic Approach, LLC.
- AGBEST TECHNOLOGY CO.,LIMITED
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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