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Fulvic Acid Market

Global Fulvic Acid Market Size, Share, Growth, Forecast: By Form: Liquid, Powder; By Application: Agriculture, Medicine and Supplements, Personal Care, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Fulvic Acid Market Outlook

The global fulvic acid market attained a value of about USD 774.9 million in 2023. The market is estimated to further expand at a CAGR of 11.6% in the forecast period of 2024-2032.       

 

Global Fulvic Acid Market

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The Agriculture Sector Dominates the Fulvic Acid Industry

Based on application, while the agriculture sector leads the industry, the medicine and supplements segment is expected to witness a healthy growth over the forecast period owing to the growing R&D activities. Fulvic acid and shilajit, a substance high in fulvic acid, have long been in use to treat numerous ailments in traditional medicine and both are sold in supplement form today. Thus, the growing popularity of fulvic acid-based supplements is expected to aid the industry growth.

 

Europe Provides Significant Opportunities for the Market Growth

Europe accounts for a significant share in the industry owing to the favourable government policies and the growing demand for organic products in the region. The growing focus on sustainable development and the stringent government regulations to encourage farmers to adopt organic farming methods have significantly contributed to the regional industry growth. Moreover, the consumers are becoming aware regarding then harmful effects of synthetic chemicals on their health, which is leading to the increased demand for organic products, thus, propelling the demand for fulvic acid.

 

Fulvic Acid Market by Application

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Fulvic Acid: Market Segmentation

Fulvic acid is a class of natural acidic organic polymer extracted from humus, a fraction of soil organic matter (SOM). Being a subclass of diverse compounds known as humic substances, fulvic acid naturally occurs in soil, compost, and marine sediments. It is believed to originate as a product of microbial metabolism. Its set of physical and chemical properties like small molecular weight, hydrophilic, carboxylic-containing molecules properties, carbon and oxygen contents, and acidity separate it from other humic substances that have higher molecular weight and different solubility and oxygen content.

By form, the market is bifurcated into:

  • Liquid
  • Powder

Based on application, the industry can be segmented into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Fulvic Acid Market by Region

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Growing R&D Activities About the Therapeutic Potential of Fulvic Acid is Expected to Boost the Fulvic Acid Industry Growth

The growing concern regarding the harmful effects of synthetic agrochemicals and fertilisers is driving the demand for fulvic acid-based products in the agricultural sector. The global market for fulvic acid is being driven by the growing health awareness among consumers, rising demand for organic products, advancing agricultural sector, and favourable government initiatives. The growing adoption of bio-based resources in farming is propelling the product demand.

Over the forecast period, the growing R&D activities by the various government and private organisations regarding the therapeutic potential of fulvic acid in chronic inflammatory diseases and diabetes are expected to bolster the market growth. This is supported by the growing prevalence of chronic inflammatory diseases, such as diabetes, and the growing focus on new therapeutic measures involving the use of natural health products (NHPs). Traditional medicine and modern research claim that fulvic acid, one such NHP, has the ability to modulate the immune system, influence the oxidative state of cells, and improve gastrointestinal function. This is expected to enhance the demand for the product in the medical sector, thus contributing to the industry growth in the coming years.

 

Key Industry Players in the Global Fulvic Acid Market

The report gives a detailed analysis of the following key players in the global fulvic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Valagro S.P.A
  • AgTonik, LLC
  • Mycsa AG
  • Saint Humic Acid
  • Nutri-Tech Solutions Pty Ltd
  • Redox Industries Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Application
  • Region
Breakup by Form
  • Liquid
  • Powder
Breakup by Application
  • Agriculture
  • Medicine and Supplements
  • Personal Care
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Valagro S.P.A
  • AgTonik, LLC
  • Mycsa AG
  • Saint Humic Acid
  • Nutri-Tech Solutions Pty Ltd
  • Redox Industries Limited
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Fulvic Acid Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Fulvic Acid Historical Market (2018-2023) 
    8.3    Global Fulvic Acid Market Forecast (2024-2032)
    8.4    Global Fulvic Acid Market by Form
        8.4.1    Liquid
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Powder
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Fulvic Acid Market by Application
        8.5.1    Agriculture
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Medicine and Supplements
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Personal Care
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others 
    8.6    Global Fulvic Acid Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2     Forecast Trend (2024-2032)
9    North America Fulvic Acid Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Fulvic Acid Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Fulvic Acid Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Fulvic Acid Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Fulvic Acid Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price  Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Valagro S.P.A
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    AgTonik, LLC
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Mycsa AG
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Saint Humic Acid
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Nutri-Tech Solutions Pty Ltd
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Redox Industries Limited
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Fulvic Acid Market: Key Industry Highlights, 2018 and 2032
2.    Global Fulvic Acid Historical Market: Breakup by Form (USD Billion), 2018-2023
3.    Global Fulvic Acid Market Forecast: Breakup by Form (USD Billion), 2024-2032
4.    Global Fulvic Acid Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Fulvic Acid Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Fulvic Acid Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Fulvic Acid Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Fulvic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Fulvic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Fulvic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Fulvic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Fulvic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Fulvic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Fulvic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Fulvic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Fulvic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Fulvic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2032
19.    Europe Historical Price Trends and Forecast 2018-2032
20.    Asia Pacific Historical Price Trends and Forecast 2018-2032
21.    Latin America Historical Price Trends and Forecast 2018-2032
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
23.    Global Fulvic Acid Market Structure

Key Questions Answered in the Report

The global fulvic acid market attained a value of about USD 774.9 million in 2023.

The market is projected to grow at a CAGR of 11.6% between 2023 and 2032.

The fulvic acid market is estimated to reach about USD 1,450.8 billion by 2032.

The major drivers of the industry, such as the increasing preference for organic products, rising disposable incomes, growing global population, increasing demand for food, rising health awareness, and favourable government measures are expected to aid the market growth.

The key market trends guiding the growth of the industry include the growing research activities regarding the therapeutic potential of fulvic acid in the treatment of chronic diseases and diabetes and the rising demand for natural supplements.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading forms of fulvic acid in the market are liquid and powder.

The significant application segments in the industry are agriculture, medicine and supplements, and personal care, among others.

The major players in the industry are Valagro S.P.A, AgTonik, LLC, Mycsa AG, Saint Humic Acid, Nutri-Tech Solutions Pty Ltd, and Redox Industries Limited, among others.

Analyst Review

The global fulvic acid market attained a value of USD 774.9 million in 2023. Aided by the rising research activities, the fulvic acid market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 11.6% to reach a value of approximately USD 1,450.8 million by 2032.  

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is divided into liquid and powder. By application, the industry is segmented into agriculture, medicine and supplements, and personal care, among others. The major regional markets for fulvic acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Valagro S.P.A, AgTonik, LLC, Mycsa AG, Saint Humic Acid, Nutri-Tech Solutions Pty Ltd, and Redox Industries Limited, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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