Latin America Specialty Fertilizers Market Size and Growth Forecast By 2028

Latin America Specialty Fertilizers Market Research Report: Forecast (2023-2028)

By Nutrient Type (Primary Nutrients, Secondary Nutrients, Micronutrients), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseed & Pulses), By Form (Controlled Release Fertilizers, Slow Release... ... lizers, Slow Release Fertilizers, Water Soluble Fertilizers, Liquid Fertilizers, Others (Micronutrients, Granular, etc.)), By Application Methods (Soil, Foliar, Fertigation), By Country (Mexico, Brazil, Argentina, Columbia, Chil , Peru, Rest of Latin America), By Company (Compact-expert, Haifa, ICL Group, Nortox, Nutrien Limited, Sociedad Quimica y Minera (SQM), The Mosaic Company, Yara International ASA, K+S AKTIENGESELLSCHAFT, ManttraGimsa, Others) Read more

Environment
Jul 2023
Pages 155
Report Format: PDF, Excel, PPT

Market Definition

Specialty fertilizers are a category of fertilizers formulated to address specific nutritional deficiencies of various crops & soil conditions and ensure optimal plant growth & productivity. They are gaining significant traction across different regions worldwide, including Latin America, where farmers are increasingly embracing them to enhance nutrient efficiency, maximize yields, and reduce environmental impact.

Market Insights & Projections: Latin America Specialty Fertilizers Market (2023-28)

The Latin America Specialty Fertilizers Market size is valued at around USD 11.4 billion in 2024 and is projected to grow at a CAGR of around 7.63% during the forecast period, i.e., 2023-28. The growth of the market imputes to the growing focus on sustainable agriculture practices, backed by environmental concerns & regulatory measures, coupled with the ever-increasing demand for high-quality & nutrient-rich crops and the soil variability & crop diversity in the region. With the rising population & its ever-evolving food requirements, Latin American countries, particularly Mexico & Brazil, are actively focusing on enhancing agricultural productivity and thus are showing greater interest in specialty fertilizers to provide essential nutrients to crops, improve their efficiency, and maximize yields & quality, thereby driving the market.

Moreover, remarkable advances in fertilization technologies and precision agriculture tools are also contributing to the widening acceptance of specialty fertilizers by enabling farmers to precisely assess nutrient requirements, apply fertilizers accurately, and monitor crop responses. Governments in Latin America are proactively promoting sustainable agricultural practices and offering support & incentives to farmers embracing specialty fertilizers.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	7.63%
Country Covered	Mexico, Brazil, Argentina, Colombia, Chile, Peru, Rest of Latin America
Key Companies Profiled	Compact-expert, Haifa, ICL Group, Nortox, Nutrien Limited, Sociedad Quimica y Minera (SQM), The Mosaic Company, Yara International ASA, K+S AKTIENGESELLSCHAFT, ManttraGimsa, Others
Market Value (2024)	USD 11.4 billion

American organizations & agencies have been playing a dynamic role in taking various sustainable agriculture and food security initiatives for Latin America. The US, through multiple governmental programs, non-profit organizations, & private sector involvement, has supported such initiatives, focusing on areas like organic farming & certification, agroecology, sustainable land management, & capacity building, among others, in order to address challenges related to soil degradation, climate change, & water scarcity and enhance food security & rural livelihoods.

Furthermore, the growing adoption of precision agriculture practices, such as soil testing, variable rate application, & foliar feeding, is another aspect augmenting the demand for specialty fertilizers in the region to provide precise nutrient application based on soil & crop needs, consequently creating new avenues for the Latin America Specialty Fertilizers Market to expand notably in the years ahead.

Latin America Agriculture Industry Outlook, 2023

The agriculture industry in Latin America has remarkable potential and is a significant contributor to the region's economy. It is one of the world's largest agricultural exporters and produces a diverse range of crops, including soybeans, coffee, beef, sugar, & maize. According to the OECD-FAO Agricultural Outlook, in 2022, agriculture accounted for 5-18% of GDP in Latin America. Furthermore, Brazil ranks among the world's ten largest economies and is the second-largest global supplier of food & agricultural products. The country is dignified to become the foremost supplier in meeting additional global demand, arising mainly from Asia. Thus, the increasing productivity to meet the growing demand for food & agricultural products, both domestically & internationally, is creating the need for specialty fertilizers in Latin America.

Latin America Specialty Fertilizers Market Research Report (2023-2028) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Latin America Agricultural Industry Outlook, 2023
1. Current Scenario
  1. Total Production, By Country
    1. Wheat
    2. Rice
    3. Coarse Grains
    4. Oilseeds
    5. Others (Cotton, etc.)
  2. Government Initiatives for Agriculture
2. Future Scenario
  1. Estimated Agricultural Production, By Crop Type
Latin America Specialty Fertilizers Supply Chain Analysis
Latin America Specialty Fertilizers Import-Export Analysis
Latin America Specialty Fertilizers Market Trends & Insights
Latin America Specialty Fertilizers Market Dynamics
1. Drivers
2. Challenges
Latin America Specialty Fertilizers Market Hotspot & Opportunities
Latin America Specialty Fertilizers Market Policies & Regulations
Latin America Specialty Fertilizers Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Size & Analysis
  1. By Nutrient Type
    1. Primary Nutrients- Market Size & Forecast 2018-2028, Thousand Tons
      1. Nitrogen- Market Size & Forecast 2018-2028, Thousand Tons
      2. Phosphorus- Market Size & Forecast 2018-2028, Thousand Tons
      3. Potassium - Market Size & Forecast 2018-2028, Thousand Tons
    2. Secondary Nutrients- Market Size & Forecast 2018-2028, Thousand Tons
      1. Calcium- Market Size & Forecast 2018-2028, Thousand Tons
      2. Magnesium- Market Size & Forecast 2018-2028, Thousand Tons
      3. Sulfur- Market Size & Forecast 2018-2028, Thousand Tons
    3. Micronutrients- Market Size & Forecast 2018-2028, Thousand Tons
      1. Boron- Market Size & Forecast 2018-2028, Thousand Tons
      2. Copper- Market Size & Forecast 2018-2028, Thousand Tons
      3. Others (Manganese, Iron, Zinc, etc.- Market Size & Forecast 2018-2028, Thousand Tons)
  2. By Crop Type
    1. Cereals & Grains- Market Size & Forecast 2018-2028, Thousand Tons
      1. Wheat- Market Size & Forecast 2018-2028, Thousand Tons
      2. Rice- Market Size & Forecast 2018-2028, Thousand Tons
      3. Corn- Market Size & Forecast 2018-2028, Thousand Tons
      4. Others (Sugarcane, Cotton, etc.)- Market Size & Forecast 2018-2028, Thousand Tons
    2. Fruits & Vegetables- Market Size & Forecast 2018-2028, Thousand Tons
      1. Leafy Vegetables- Market Size & Forecast 2018-2028, Thousand Tons
      2. Roots & Tuber Vegetables- Market Size & Forecast 2018-2028, Thousand Tons
      3. Citrus Fruits- Market Size & Forecast 2018-2028, Thousand Tons
      4. Others (Pome Fruits, Stone Fruits, Grapes, etc.)- Market Size & Forecast 2018-2028, Thousand Tons
    3. Oilseed & Pulses- Market Size & Forecast 2018-2028, Thousand Tons
      1. Soybean- Market Size & Forecast 2018-2028, Thousand Tons
      2. Sunflower- Market Size & Forecast 2018-2028, Thousand Tons
      3. Others (Rapeseed, Niger, etc.)- Market Size & Forecast 2018-2028, Thousand Tons
  3. By Form
    1. Controlled Release Fertilizers- Market Size & Forecast 2018-2028, Thousand Tons
    2. Slow Release Fertilizers- Market Size & Forecast 2018-2028, Thousand Tons
    3. Water Soluble Fertilizers- Market Size & Forecast 2018-2028, Thousand Tons
    4. Liquid Fertilizers- Market Size & Forecast 2018-2028, Thousand Tons
    5. Others (Micronutrients, Granular, etc.)- Market Size & Forecast 2018-2028, Thousand Tons
  4. By Application Methods
    1. Soil- Market Size & Forecast 2018-2028, Thousand Tons
    2. Foliar- Market Size & Forecast 2018-2028, Thousand Tons
    3. Fertigation- Market Size & Forecast 2018-2028, Thousand Tons
  5. By Country
    1. Mexico
    2. Brazil
    3. Argentina
    4. Columbia
    5. Chile
    6. Peru
    7. Rest of Latin America
  6. By Competition
    1. Competition Characteristics
    2. Market Share of Top Companies
Mexico America Specialty Fertilizers Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Nutrient Type- Market Size & Forecast 2018-2028, Thousand Tons
  2. By Crop Type- Market Size & Forecast 2018-2028, Thousand Tons
  3. By Forms- Market Size & Forecast 2018-2028, Thousand Tons
  4. By Application Method- Market Size & Forecast 2018-2028, Thousand Tons
Brazil Specialty Fertilizers Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Nutrient Type- Market Size & Forecast 2018-2028, Thousand Tons
  2. By Crop Type- Market Size & Forecast 2018-2028, Thousand Tons
  3. By Forms- Market Size & Forecast 2018-2028, Thousand Tons
  4. By Application Method- Market Size & Forecast 2018-2028, Thousand Tons
Argentina Specialty Fertilizers Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Nutrient Type- Market Size & Forecast 2018-2028, Thousand Tons
  2. By Crop Type- Market Size & Forecast 2018-2028, Thousand Tons
  3. By Forms- Market Size & Forecast 2018-2028, Thousand Tons
  4. By Application Method- Market Size & Forecast 2018-2028, Thousand Tons
Columbia Specialty Fertilizers Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Nutrient Type- Market Size & Forecast 2018-2028, Thousand Tons
  2. By Crop Type- Market Size & Forecast 2018-2028, Thousand Tons
  3. By Forms- Market Size & Forecast 2018-2028, Thousand Tons
  4. By Application Method- Market Size & Forecast 2018-2028, Thousand Tons
Chile Specialty Fertilizers Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Nutrient Type- Market Size & Forecast 2018-2028, Thousand Tons
  2. By Crop Type- Market Size & Forecast 2018-2028, Thousand Tons
  3. By Forms- Market Size & Forecast 2018-2028, Thousand Tons
  4. By Application Method- Market Size & Forecast 2018-2028, Thousand Tons
Peru Specialty Fertilizers Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Nutrient Type- Market Size & Forecast 2018-2028, Thousand Tons
  2. By Crop Type- Market Size & Forecast 2018-2028, Thousand Tons
  3. By Forms- Market Size & Forecast 2018-2028, Thousand Tons
  4. By Application Method- Market Size & Forecast 2018-2028, Thousand Tons
Competitive Outlook
1. Company Profiles
  1. Compact-expert
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Haifa
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. ICL Group
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Nortox
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Nutrien Limited
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Sociedad Química y Minera (SQM)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. The Mosaic Company
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Yara International ASA
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. K+S AKTIENGESELLSCHAFT
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. ManttraGimsa
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Others
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

Full Name*:

Company Name*:

Business Email*:

Country Name*:

Contact Number*:

Message:

Flexible Licensing Options

We offer flexible licensing options to cater to varying organizational needs. Choose the pricing pack that best suits your requirements:

Buy Now

Inquire Before Buying