Seattle, WA -- (SBWIRE) -- 11/22/2019 -- The Fulvic Acid market report is ideal for spotting segments, competition, and emerging trends in the marketplace. It is composed of major market factors such as size, share, growth path, restraints, challenges, and major players active in the market. This report also covers new product launch, research and development activities underway, pricing strategies, demand and supply, innovation in new technology, a shift in the demographic structure of the economies, distribution channel, and sales.
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Fulvic Acid Market: Overview
Humic substances like humus, humate, fulvic acid, organic matter, and humin play a key role in soil fertility. Plants grown in soil having an adequate amount of humic substances are healthier, produce higher yields; and have superior nutritional quality. Aromatic organic acids and weak aliphatic together that are soluble in water at all pH conditions are called fulvic acids. Fulvic acid is small in size, thus readily dissolve in water and are highly biologically active. This enables fulvic acid to dissolve minerals and elements into its structure, where they are referred to as mobilized fulvic complexes.
Fulvic Acid Market: Dynamics
The growing demand for organic produce is the key driving factor for the Fulvic Acid Market. In developed economies like North America and Western Europe, the rising awareness about harmful effects of synthetic agrochemicals & chemical fertilizers is driving the market for fulvic acid based products for soil. The government imposed regulations like Common Agricultural Policy of the European Union promotes the usage of bio-based resources in farming. In these regions, stringent regulations inhibiting usage of certain chemical fertilizers will drive the demand for fulvic acid as fertilizers.
Fulvic Acid Market: Regional Outlook
Geographically, the Global Fulvic Acid Market is designed for seven regions namely, North-America, Western Europe, Asia Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa and Japan. Currently Europe holds the largest market share in the global Fulvic Acid Market owing to the government support in the European Union. Europe is also the largest producer of humic substances.
Less popularity of organic farming in regions like APEJ and MEA might cause hindrance to the Fulvic Acid Market. Additionally, the use of cheap chemical fertilizers like urea pose a grave threat to Fulvic Acid Market in these regions. Inconsistency in the available product quality might also restrain the market to some extent.
Market Segment by Manufacturers, this report covers
Valagro SpA, Biolchim SpA, Koppert B.V, Bio-Agricultural Services, Inc, Nutri-Tech Solutions Pty Ltd., Pure Fulvic Minerals, Humic Growth Solutions, Saint Humic Acid, Adler Agro
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