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Global Artificial Humus Market to reach USD 280.69 million by the end of 2029.

Global Artificial Humus Market Size study & Forecast, by Form (Powder, Liquid, Granules), by Application (Agriculture, Horticulture, Ornamental and Flowers, Seed Treatment, Others) and Regional Analysis, 2022-2029

Product Code: CMAM-30284908
Publish Date: 17-04-2023
Page: 200

Global Artificial Humus Market is valued at approximately USD 169.6 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2022-2029. Artificial Humus can be defined as dark, organic material that develops in the soil as plant and animal debris decompose. Humus contains a variety of nutrients that are essential for healthy soil. The majority of plants require nitrogen, which is found in humus. Along with the bacteria, fungi, and algae that aid in the soil’s ability to fix nitrogen, humin, fulvic acid, and humic acid make up the three main components of artificial humus concentration. Making artificial humus from biowaste, such as green cuttings, leaf litter, or tree bark, is necessary to hasten the natural processes. As a result, a product combination resembling naturally occurring humic compounds is produced, and soils can subsequently use it. The growing demand for organic fertilizers and increasing incidences of soil degradation are key factors driving the market growth.

The increasing need for organic fertilizers due to growing incidences of soil quality degradation is contributing towards the growth of the Global Artificial Humus Market. For instance – according to Statista – in 2020, the global market for organic fertilizers was valued at USD 8.3 billion and as per projections this number would reach USD 15.8 billion by 2026. Also, growing need for bio stimulants and rising adoption of sustainable agricultural practices would create a lucrative growth prospectus for the market over the forecast period. However, the lack of awareness towards Artificial Humus among farmers stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Artificial Humus Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the dominance of leading market players as well as increasing horticulture practices in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand for organic fertilizers as well as increasing number of initiatives from government authorities to promote adoption of sustainable agriculture practices in the region.

Major market players included in this report are:
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

Recent Developments in the Market:
Ø In December 2020, Agritech Startup Humus received funding from Venture Catalysts, 9Unicorns And We Founder’s Circle. Moreover, this funding would be used for offering end-to-end solution to simplify the complex logistics processes in the Indian agricultural sector by eliminating the middleman and connecting farmers to retailers.

Global Artificial Humus Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Form, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form
Powder
Liquid
Granules

By Application
Agriculture
Horticulture
Ornamental and Flowers
Seed Treatment
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Artificial Humus Market, by Region, 2019-2029 (USD Million)
1.2.2. Artificial Humus Market, by Form, 2019-2029 (USD Million)
1.2.3. Artificial Humus Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Artificial Humus Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Artificial Humus Market Dynamics
3.1. Artificial Humus Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for organic fertilizers
3.1.1.2. Growing incidences of soil degradation
3.1.2. Market Challenges
3.1.2.1. Lack of awareness among farmers
3.1.3. Market Opportunities
3.1.3.1. Growing need for organic fertilizers and biostimulants
3.1.3.2. Rising adoption of sustainable agricultural practices
Chapter 4. Global Artificial Humus Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Artificial Humus Market, by Form
6.1. Market Snapshot
6.2. Global Artificial Humus Market by Form, Performance – Potential Analysis
6.3. Global Artificial Humus Market Estimates & Forecasts by Form 2019-2029 (USD Million)
6.4. Artificial Humus Market, Sub Segment Analysis
6.4.1. Powder
6.4.2. Liquid
6.4.3. Granules
Chapter 7. Global Artificial Humus Market, by Application
7.1. Market Snapshot
7.2. Global Artificial Humus Market by Application, Performance – Potential Analysis
7.3. Global Artificial Humus Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Artificial Humus Market, Sub Segment Analysis
7.4.1. Agriculture
7.4.2. Horticulture
7.4.3. Ornamental and Flowers
7.4.4. Seed Treatment
7.4.5. Others
Chapter 8. Global Artificial Humus Market, Regional Analysis
8.1. Artificial Humus Market, Regional Market Snapshot
8.2. North America Artificial Humus Market
8.2.1. U.S. Artificial Humus Market
8.2.1.1. Form breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Artificial Humus Market
8.3. Europe Artificial Humus Market Snapshot
8.3.1. U.K. Artificial Humus Market
8.3.2. Germany Artificial Humus Market
8.3.3. France Artificial Humus Market
8.3.4. Spain Artificial Humus Market
8.3.5. Italy Artificial Humus Market
8.3.6. Rest of Europe Artificial Humus Market
8.4. Asia-Pacific Artificial Humus Market Snapshot
8.4.1. China Artificial Humus Market
8.4.2. India Artificial Humus Market
8.4.3. Japan Artificial Humus Market
8.4.4. Australia Artificial Humus Market
8.4.5. South Korea Artificial Humus Market
8.4.6. Rest of Asia Pacific Artificial Humus Market
8.5. Latin America Artificial Humus Market Snapshot
8.5.1. Brazil Artificial Humus Market
8.5.2. Mexico Artificial Humus Market
8.5.3. Rest of Latin America Artificial Humus Market
8.6. Rest of The World Artificial Humus Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Humuslover
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. The Fertrell Company
9.2.3. Ohio Earth Food
9.2.4. Novihum Technologies GmbH
9.2.5. Humintech
9.2.6. Nature’s Force Organics
9.2.7. Faust Bio-Agricultural Services, Inc.
9.2.8. Nutri-Tech Solutions Pty Ltd.
9.2.9. Organic Approach, LLC.
9.2.10. Agbest Technology Co., Limited
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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