Europe Humic Acid Market Outlook 2021 - Industry Statistics Analysis by 2027

1. Europe Humic Acid Market to grow at 11.4% CAGR from 2021 to 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

2. Europe Humic Acid Market is expected to show strong progress during the forecast period of 2021-2027, with the industry will surpass a valuation of $306 million over the period. Humic acid is a compound that is used in organic fertilizers and is quite beneficial for the overall growth and development of plants. Organic farming is gaining rapid momentum across the region because of the many benefits it offers to the health and quality of the agricultural produce. Humic acid market will find increased application in the field of agriculture through 2027. One of the major reasons for this is the rising awareness among farmers about the harmful effects of the chemical fertilizers on the overall crop and human health. Prolonged consumption of crops saturated with chemicals can lead to several health hazards. They can even deplete the soil from all its essential nutrients, reducing its fertility and water-holding capacity. This has prompted many farmland owners to switch to organic fertilizers as they are eco-friendly and cost-effective as compared to the chemical ones. They do not cause any harm to the soil or crops and enhance the agricultural yield. Organic fertilizers are made from natural products and do not use any chemicals. When humic acid market is mixed with this fertilizer, it dramatically changes the health and quality of the crops produced. It increases the metabolism of plants and improves the root growth as well. Crops are protected from harsh environmental conditions, thereby keeping them healthy for a longer period of time. It even helps increase the penetration of water in the soil. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

3. Get sample copy of this research report @ https://bit.ly/3OIVBhV Humic acid market will be increasingly used in dietary supplements in Europe. This segment will grow at 11.5% CAGR through 2027 because of the various beneficial properties present in this ingredient that makes the supplements all the more nutritious. It has some of the most essential nutrients like electrolytes, silica, fatty acids, trace minerals, prebiotics and probiotics. Additives rich in humic acid possess a wide range of health benefits like better assimilation of nutrients in the body, enhanced immunity system, improved digestion, repairing damaged skin and rejuvenating it. The COVID-19 pandemic slowed the sales of humic acid market in Europe due to the enforcement of lockdowns and movement restrictions. The import and export of various products including this compound became difficult as borders of several countries were sealed, causing fertilizer makers to struggle to procure this ingredient to help regional farming activities. However, now that the restrictions are easing all over the world, regional humic acid market is expected to pick pace in the future. As more and more people are switching to organic farming at home, the demand for this component will increase by many folds. The leading companies involved in the production of humic acid for end-users across Europe are Daymsa, The Andersons Inc., Biolchim S.p.A., Humintech GmbH among others. Request for customization @ https://bit.ly/3xZeJl1 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

4. Governments across Europe are introducing initiatives to support and promote organic farming among people. This has propelled the demand for humic acid market as it is an effective alternative as compared to other harmful chemicals because of some excellent properties it possesses, that are highly beneficial for plants. Humic acid helps in improving the water-holding capacity of the soil, thereby reducing the chances of soil erosion. It improves and maintains the pH levels of the soil and makes it more nutritious. It even improves the soil fertility and enhances the overall crop yield as well. • Segmentation of Europe Humic Acid Market: • Europe Market, By Application • Agriculture • Ecological Bioremediation • Horticulture • Dietary Supplements • Others ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

5. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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