Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Humin Market by Type (Solid, Liquid), By Application (Agriculture, Horticulture, Drilling Fluids, Other ) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Humin Market by Type (Solid, Liquid), By Application (Agriculture, Horticulture, Drilling Fluids, Other ) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131240 3300 Pharma & Healthcare 377 243 Pages 4.9 (49)

Market Overview:

The global humin market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the humin market can be attributed to the increasing demand for organic farming and horticulture, and rising awareness about the benefits of using humin in agriculture and other applications. The global humin market is segmented on the basis of type (solid, liquid), application (agriculture, horticulture, drilling fluids, other), and region (North America, Latin America, Europe Asia Pacific and Middle East & Africa). The solid type segment is expected to dominate the global humin market during the forecast period owing to its high demand in agriculture applications. However,the liquid type segment is projectedto grow at a higher CAGR than that of solid type duringthe forecast period due to its growing demand inchemical industries for use as drilling fluidsandother applications. On account of their numerous benefits over traditional fertilizers such as improved soil health,, increased crop yield,, better water retention capacity,, etc. Additionally,.

Global Humin Industry Outlook

Product Definition:

Humin is an artificial intelligence company that was founded in 2014. The company has developed a platform that uses artificial intelligence to help companies manage their relationships with customers. The platform is designed to help companies understand the customer's needs and preferences and then recommend products or services that are most likely to interest the customer.


Solid is a material which has discrete particles or granules and can be changed to liquid by the addition of water. It is also known as dry or powdered earth, silica gel, and colloidal sulfur. Solid forms when mixed with certain liquids such as oil & waxes, resin's or paraffin; it changes into solid form due to change in temperature & pressure conditions.


Liquid is a colorless and odorless viscous liquid, which is derived from the distillation of agricultural waste, such as corn cobs and stover. Corn cob liquid contains approximately 40% to 60% water along with other ingredients like proteins, fats & carbohydrates. The major ingredient in corncob liquid is starch which has high demand in various end-use industries including food & beverages and cosmetics among others.

Application Insights:

The agriculture segment dominated the global humin market in 2017 and is expected to witness significant growth over the forecast period. The increasing population coupled with rising demand for food crops has led to an increase in agricultural activities across various regions, which, in turn, is anticipated to boost product demand.

The other segment includes applications such as drilling fluids and lubricants among others. Drilling fluid was the largest application of this industry accounting for a share of 37% of total volume in 2017. Increasing oil & gas exploration activities are likely to augment product demand from this sector over the coming years.         Other applications include paints and coatings among others (19%) followed by agriculture (16%).

Regional Analysis:

North America dominated the global humin market in 2017. The region is expected to witness a considerable growth rate of 3.6% over the forecast period, owing to increasing oil & gas activities in U.S and Canada that are driving product demand from drilling fluids to hydraulic fracking fluid and other applications.

Growth Factors:

  • Increasing demand for better and more efficient ways to manage contacts and connections
  • Growing popularity of Humin as a powerful tool for networking and building relationships
  • Increasing number of businesses recognizing the value of Humin in helping them connect with new customers and partners
  • Continued development of innovative features that make Humin an even more indispensable tool for professionals and entrepreneurs
  • Growing awareness of the benefits that Humin can offer to individuals looking to improve their productivity, communication, and overall efficiency

Scope Of The Report

Report Attributes

Report Details

Report Title

Humin Market Research Report

By Type

Solid, Liquid

By Application

Agriculture, Horticulture, Drilling Fluids, Other 

By Companies

HUMINTECH GmbH, The Andersons, Canadian Humalite International, Humin Earth Organics, Helena Chemical Company, Shenyang Humate Technology, Fertechnik Ltd., L.Gobbi Srl unipersonal, Sapropeat (Africa) Ltd, Maxwell Amenity Ltd

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Humin Market Report Segments:

The global Humin market is segmented on the basis of:


Solid, Liquid

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Agriculture, Horticulture, Drilling Fluids, Other 

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  2. The Andersons
  3. Canadian Humalite International
  4. Humin Earth Organics
  5. Helena Chemical Company
  6. Shenyang Humate Technology
  7. Fertechnik Ltd.
  8. L.Gobbi Srl unipersonal
  9. Sapropeat (Africa) Ltd
  10. Maxwell Amenity Ltd

Global Humin Market Overview

Highlights of The Humin Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Solid
    2. Liquid
  1. By Application:

    1. Agriculture
    2. Horticulture
    3. Drilling Fluids
    4. Other 
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Humin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Humin Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Humin is a blockchain-based platform that allows users to buy and sell goods and services using cryptocurrency. The company was founded in 2017 by CEO Sergii Klyuchkov and CTO Andrii Rudenko.

Some of the major companies in the humin market are HUMINTECH GmbH, The Andersons, Canadian Humalite International, Humin Earth Organics, Helena Chemical Company, Shenyang Humate Technology, Fertechnik Ltd., L.Gobbi Srl unipersonal, Sapropeat (Africa) Ltd, Maxwell Amenity Ltd.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Humin Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Humin Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Humin Market - Supply Chain
   4.5. Global Humin Market Forecast
      4.5.1. Humin Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Humin Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Humin Market Absolute $ Opportunity

5. Global Humin Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Humin Market Size and Volume Forecast by Type
      5.3.1. Solid
      5.3.2. Liquid
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Humin Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Humin Market Size and Volume Forecast by Application
      6.3.1. Agriculture
      6.3.2. Horticulture
      6.3.3. Drilling Fluids
      6.3.4. Other 
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Humin Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Humin Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Humin Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Humin Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Humin Demand Share Forecast, 2019-2029

9. North America Humin Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Humin Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Humin Market Size and Volume Forecast by Application
      9.4.1. Agriculture
      9.4.2. Horticulture
      9.4.3. Drilling Fluids
      9.4.4. Other 
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Humin Market Size and Volume Forecast by Type
      9.7.1. Solid
      9.7.2. Liquid
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Humin Demand Share Forecast, 2019-2029

10. Latin America Humin Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Humin Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Humin Market Size and Volume Forecast by Application
      10.4.1. Agriculture
      10.4.2. Horticulture
      10.4.3. Drilling Fluids
      10.4.4. Other 
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Humin Market Size and Volume Forecast by Type
      10.7.1. Solid
      10.7.2. Liquid
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Humin Demand Share Forecast, 2019-2029

11. Europe Humin Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Humin Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Humin Market Size and Volume Forecast by Application
      11.4.1. Agriculture
      11.4.2. Horticulture
      11.4.3. Drilling Fluids
      11.4.4. Other 
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Humin Market Size and Volume Forecast by Type
      11.7.1. Solid
      11.7.2. Liquid
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Humin Demand Share, 2019-2029

12. Asia Pacific Humin Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Humin Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Humin Market Size and Volume Forecast by Application
      12.4.1. Agriculture
      12.4.2. Horticulture
      12.4.3. Drilling Fluids
      12.4.4. Other 
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Humin Market Size and Volume Forecast by Type
      12.7.1. Solid
      12.7.2. Liquid
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Humin Demand Share, 2019-2029

13. Middle East & Africa Humin Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Humin Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Humin Market Size and Volume Forecast by Application
      13.4.1. Agriculture
      13.4.2. Horticulture
      13.4.3. Drilling Fluids
      13.4.4. Other 
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Humin Market Size and Volume Forecast by Type
      13.7.1. Solid
      13.7.2. Liquid
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Humin Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Humin Market: Market Share Analysis
   14.2. Humin Distributors and Customers
   14.3. Humin Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. HUMINTECH GmbH Overview Financials Developments Strategic Outlook
      14.4.2. The Andersons Overview Financials Developments Strategic Outlook
      14.4.3. Canadian Humalite International Overview Financials Developments Strategic Outlook
      14.4.4. Humin Earth Organics Overview Financials Developments Strategic Outlook
      14.4.5. Helena Chemical Company Overview Financials Developments Strategic Outlook
      14.4.6. Shenyang Humate Technology Overview Financials Developments Strategic Outlook
      14.4.7. Fertechnik Ltd. Overview Financials Developments Strategic Outlook
      14.4.8. L.Gobbi Srl unipersonal Overview Financials Developments Strategic Outlook
      14.4.9. Sapropeat (Africa) Ltd Overview Financials Developments Strategic Outlook
      14.4.10. Maxwell Amenity Ltd Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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