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Humic Acid Market Size, Share, Trend, Forecast, & Industry Analysis
Business1 years ago
Source: Humic Acid Market Size, Share, Trend, Forecast, & Industry Analysis
The global humic acid market size was estimated at USD 696.86 million in 2023 and is likely to grow at a CAGR of 11.88% during 2023-2028 to reach USD 1222.08 million by 2028. The prime factor contributing to the demand for humic acid is mainly its increasing usage in various agricultural applications owing to its properties to enhance soil fertility and crop yield as it is a natural soil conditioner.
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