The Global Humic Acid Market was worth USD 786 Million in 2023. As such, the forecast is that the market is expected to reach USD 2197.22 Million by 2032 with a CAGR of 12.1% from 2024 to 2032.
Humic acids (HA) are organic molecules that play essential roles in improving soil properties, plant growth, and agronomic parameters. The sources of HA include coal, lignite, soils, and organic materials.
Humic acid, a dark-colored organic substance found in soil, is gaining traction in various industries.