Peru Specialty Fertilizers Market Research Report: Forecast (2026-2032)

Name: Peru Specialty Fertilizers Market Research Report: Forecast (2026-2032)
Creator: MarkNtel Advisors
License: https://www.marknteladvisors.com/privacy-policy

Peru Specialty Fertilizers Market - By Nutrient Type (Primary Nutrients, Nitrogen, Phosphorus, Potassium, Secondary Nutrients, Calcium, Magnesium, Sulfur, Micronutrients, Boron, Co...pper, Others (Manganese, Iron, Zinc, etc.), By Crop Type (Cereals & Grains, Wheat, Rice, Corn, Others (Sugarcane, Cotton, etc.), Fruits & Vegetables, Leafy Vegetables, Roots & Tuber Vegetables, Citrus Fruits, Others (Pome Fruits, Stone Fruits, Grapes, etc.), Oilseed & Pulses, Soybean, Sunflower, Others (Rapeseed, Niger, etc.), By Form (Controlled Release Fertilizers, Polymer Coated, Sulfur Coated, Polymer-Sulfur Coated, Slow Release Fertilizers, Urea-Formaldehyde (UF), NitroForm (UF Derivative), Others (Methylene Urea, Isobutylidendiurea, etc.), Water Soluble Fertilizers, Potassium Nitrate, Potassium Sulfate, Calcium Nitrate, Others (NPK Fertilizers, Potassium Chloride, etc.), Liquid Fertilizers, Organic, Mineral, Others (Micronutrients, Granular, etc.), By Application Methods (Soil, Foliar, Fertigation), and others Read more

Environment
Nov 2025
Pages 138
Report Format: PDF, Excel, PPT

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Peru Specialty Fertilizers Market

Projected 17.83% CAGR from 2026 to 2032

Study Period

2026-2032

Market Size (2025)

USD 0.99 Billion

Market Size (2032)

USD 2.67 Billion

Base Year

2025

Projected CAGR

17.83%

Leading Segments

By Crop Type: Cereals & Grains

Source: MarkNtel Advisors

Peru Specialty Fertilizers Market Report Key Takeaways:

Market size is valued at around USD 0.99 billion in 2025 and is projected to reach USD 2.67 billion by 2032. The estimated CAGR from 2026 to 2032 is around 17.83%, indicating strong growth.
By Nutrient type, the primary segment led with 59.25% market share in 2025, whereas the secondary segment is advancing at a 13.5% CAGR through 2032.
By Crop type, cereals and grains represented 49.41% of the Peru specialty fertilizers market size in 2025. Out of which, corn shows the fastest growth at 12.98% CAGR during 2026-2032.
By application, fertigation represented 58.48% of the Peru specialty fertilizers market size in 2025, whereas foliar is projected to expand at a 12.78% CAGR through 2032.

Market Insights & Analysis: Peru Specialty Fertilizers Market (2026-32):

The Peru Specialty Fertilizers Market size is valued at around USD 0.99 billion in 2025 and is projected to reach USD 2.67 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 17.83% during the forecast period, i.e., 2026-32.

Agriculture is a cornerstone of Peru’s economy, contributing approximately 7.3% of the GDP and utilizing over 11.6 million hectares of land for cultivation. The expanding agricultural land, supported by a USD24 billion investment plan for irrigation infrastructure, aims to add roughly one million hectares of farmland, bolstering fertilizer demand significantly.

Moreover, Peru's agricultural exports reached about USD 12.5 billion in 2024, with government initiatives supporting mega irrigation projects like the USD7 billion Trasvase Marañón project, which is expected to irrigate over 300,000 hectares. These investments enhance crop productivity and specialty fertilizer adoption, ensuring sustainable agriculture growth. Furthermore, the expanding cultivation of high-value crops such as corn, fruits, and vegetables drives the need for precision nutrient management, increasing specialty fertilizer usage. This growth is complemented by government subsidies and programs encouraging sustainable and balanced fertilizer usage, aiding farmers in optimizing soil health and crop yields.

Peru Specialty Fertilizers Market Scope:

Category	Segments
By Nutrient Type	Primary Nutrients, Nitrogen, Phosphorus, Potassium, Secondary Nutrients, Calcium, Magnesium, Sulfur, Micronutrients, Boron, Copper, Others (Manganese, Iron, Zinc, etc.),
By Crop Type	Cereals & Grains, Wheat, Rice, Corn, Others (Sugarcane, Cotton, etc.), Fruits & Vegetables, Leafy Vegetables, Roots & Tuber Vegetables, Citrus Fruits, Others (Pome Fruits, Stone Fruits, Grapes, etc.), Oilseed & Pulses, Soybean, Sunflower, Others (Rapeseed, Niger, etc.),
By Form	Controlled Release Fertilizers, Polymer Coated, Sulfur Coated, Polymer-Sulfur Coated, Slow Release Fertilizers, Urea-Formaldehyde (UF), NitroForm (UF Derivative), Others (Methylene Urea, Isobutylidendiurea, etc.), Water Soluble Fertilizers, Potassium Nitrate, Potassium Sulfate, Calcium Nitrate, Others (NPK Fertilizers, Potassium Chloride, etc.), Liquid Fertilizers, Organic, Mineral, Others (Micronutrients, Granular, etc.),
By Application Methods	Soil, Foliar, Fertigation), and others

Peru Specialty Fertilizers Market Driver:

Growing Agricultural Infrastructure Driving Fertilizer Demand – A pivotal driver of Peru’s specialty fertilizers market growth is the government’s expanding range of agricultural support programs beyond irrigation infrastructure. Ministry of Agrarian Development and Irrigation (MIDAGRI) has allocated over USD 74.8 million in public funds during 2024-25 to flagship projects aimed at scaling organic production, improving post-harvest storage, and promoting climate-smart irrigation systems. These initiatives directly support sustainable fertilizer use by enhancing soil health and reducing losses.

Additionally, MIDAGRI’s Agroperú Fund has granted more than S/312 million (approx. USD 90 million) in preferential credit to nearly 19,000 producers in 2025, primarily financing productive campaigns and fertilizer procurement, especially benefiting smallholders in regions like Puno, Cajamarca, and Junín. Furthermore, Peru is advancing national sustainability certifications and collaborating with international partners like the FAO and IDB to promote climate-resilient farming techniques and biological fertilizers. These diversified policies foster increased adoption of specialty fertilizers tailored to Peru’s agroecological zones, driving both productivity and environmental stewardship.

Peru Specialty Fertilizers Market Growth Overview

Peru Specialty Fertilizers Market Opportunity:

Expanding High-Value Crop Cultivation – Peru's specialty fertilizers market benefits from substantial growth in high-value crop cultivation, notably cereals like corn and fruits such as avocados and blueberries. In 2024, Peru's agricultural sector grew by 4.9%, with crop production rising 10.8%, driven by strong performances in blueberries (+53.4%) and avocados (export value of approximately USD 1.25 billion from 570,457 tons). Corn remains vital, with production forecast at 1.68 million metric tons in 2024/25, maintaining steady demand largely from the animal feed sector. Blueberry exports surged to 545.9 million for 72,000 tons during this period, representing a 41.5% rise from USD 385.7 million in the same months of 2023, further emphasizing Peru’s role as a leading global supplier.

These trends highlight rising demand for specialty fertilizers tailored to crop-specific nutrient requirements, supported by government promotion of sustainable practices and precision agriculture, enabling farmers to improve yields and meet growing export-driven consumption.

Peru Specialty Fertilizers Market Challenge:

Fertilizer Price Volatility & Supply Chain Disruptions – A significant market challenge is the high volatility in fertilizer prices and supply chain disruptions impacting Peru’s farmers. For instance, urea prices surged almost 300% recently, elevating production costs and reducing fertilizer affordability among small and medium-scale farmers. The 2019 National Agricultural Survey highlighted that almost 47% of farmers use chemical fertilizers, but rising costs threaten crop production sustainability. Additionally, supply constraints caused by global fertilizer crises have led to decreased planting intentions for staple crops such as rice and potatoes for upcoming seasons, impacting overall fertilizer demand. The government’s subsidy programs partially mitigate these issues, but persistent price instability remains a critical hurdle.

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Peru Specialty Fertilizers Market Trend:

Adoption of Precision and Sustainable Fertilization Technologies – Peru’s specialty fertilizers industry trend is the accelerated adoption of precision agriculture and sustainable fertilization technologies. Farmers increasingly use technologies like GPS-guided machinery and variable rate application systems to optimize fertilizer efficiency and reduce waste. Moreover, micronutrient and bio-based fertilizers are becoming popular, driven by government incentives for sustainable practices and environmental regulations. Companies such as Yara International, Haifa Group, and Nutrien Ltd. are introducing tailored products focusing on nutrient use efficiency and crop-specific formulations. This shift supports sustainable agricultural growth while addressing environmental concerns and enhancing farmer profitability.

Peru Specialty Fertilizers Market (2026-32): Segmentation Analysis

The Peru Specialty Fertilizers Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2026–2032 at the country level. Based on the analysis, the market has been further classified as:

Based on Crop Type:

Cereals & Grains
- Wheat
- Rice
- Corn
- Others (Sugarcane, Cotton, etc.)
Fruits & Vegetables
- Leafy Vegetables
- Roots & Tuber Vegetables
- Citrus Fruits
- Others (Pome, Stone, Grapes, etc.)
Oilseed & Pulses
- Soybean
- Sunflower
- Others (Rapeseed, Niger, etc.)

Cereals & grains dominate Peru's specialty fertilizer industry with a 49.41% market share in 2025, driven by extensive cultivation of corn, wheat, and rice. Corn stands out as the fastest-growing segment with a 12.98% CAGR through 2032, fueled by rising demand for animal feed and food processing industries. This growth is supported by improved irrigation infrastructure, including mega-projects like the Trasvase Marañón, which enhances water availability and productivity. Favorable government policies further strengthen production capacity and fertilizer adoption. Additionally, nutrient-specific specialty fertilizers play a crucial role in optimizing crop yields and soil health across these staple crops, reinforcing the segment's market dominance and growth trajectory.

Based on Application Methods:

Soil
Foliar
Fertigation

Fertigation holds a 58.48% share of Peru’s specialty fertilizer market in 2025, driven by the ongoing expansion of irrigation infrastructure across coastal and Andean agricultural zones. This precise nutrient delivery method is increasingly adopted in key crop areas such as corn and high-value fruits, enabling improved crop response. Meanwhile, Foliar application is growing at a 12.78% CAGR, especially among smallholder farmers addressing micronutrient deficiencies common in Peru’s acidic soils. Support from MIDAGRI’s targeted training and subsidy programs fosters wider use of advanced fertilization techniques, enhancing sustainable farming and crop yields in newly irrigated regions.

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Peru Specialty Fertilizers Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
Peru Specialty Fertilizers Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

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Frequently Asked Questions

A. The Peru Specialty Fertilizers market is estimated to grow at a CAGR of around 17.83% during the forecast period, i.e., 2026-32.

A. The Peru Specialty Fertilizers Market size is valued at around USD 0.99 billion in 2025 and is projected to reach USD 2.67 billion by 2032.

A. Growing agricultural infrastructure is expected to drive the Peru Specialty Fertilizers Market during 2026-32.

A. FERTISUR S.A.C., Stoller Perú S.A., Corporación Green Valley, Global Organics Peru S.A.C., DB Organic Science, Capeagro S.A.C., Haifa Group, Yara International, Nutrien Ltd., ICL Group, and The Mosaic Company, and others, are the top companies in the Peru Specialty Fertilizers market.

A. Fertigation held the largest share of the Peru Specialty Fertilizers Market.

A. Adoption of precision and sustainable fertilization technologies is one of the key trends shaping the growth of the Peru Specialty Fertilizers Market.

A. Expanding high-value crop cultivation is one of the growth opportunities driving the Peru Specialty Fertilizers Market.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Peru Specialty Fertilizers Supply Chain Analysis
Peru Specialty Fertilizers Import-Export Analysis
Peru Specialty Fertilizers Market Trends & Insights
Peru Specialty Fertilizers Market Dynamics
1. Drivers
2. Challenges
Peru Specialty Fertilizers Market Hotspot & Opportunities
Peru Specialty Fertilizers Market Policies & Regulations
Peru Specialty Fertilizers Market Outlook, 2022-32F
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 2022-32, USD Million
      1. Nitrogen- Market Size & Forecast 2022-32, USD Million
      2. Phosphorus- Market Size & Forecast 2022-32, USD Million
      3. Potassium - Market Size & Forecast 2022-32, USD Million
    2. Secondary Nutrients- Market Size & Forecast 2022-32, USD Million
      1. Calcium- Market Size & Forecast 2022-32, USD Million
      2. Magnesium- Market Size & Forecast 2022-32, USD Million
      3. Sulfur- Market Size & Forecast 2022-32, USD Million
    3. Micronutrients- Market Size & Forecast 2022-32, USD Million
      1. Boron- Market Size & Forecast 2022-32, USD Million
      2. Copper- Market Size & Forecast 2022-32, USD Million
      3. Others (Manganese, Iron, Zinc, etc.- Market Size & Forecast 2022-32, USD Million)
  2. By Crop Type
    1. Cereals & Grains- Market Size & Forecast 2022-32, USD Million
      1. Wheat- Market Size & Forecast 2022-32, USD Million
      2. Rice- Market Size & Forecast 2022-32, USD Million
      3. Corn- Market Size & Forecast 2022-32, USD Million
      4. Others (Sugarcane, Cotton, etc.)- Market Size & Forecast 2022-32, USD Million
    2. Fruits & Vegetables- Market Size & Forecast 2022-32, USD Million
      1. Leafy Vegetables- Market Size & Forecast 2022-32, USD Million
      2. Roots & Tuber Vegetables- Market Size & Forecast 2022-32, USD Million
      3. Citrus Fruits- Market Size & Forecast 2022-32, USD Million
      4. Others (Pome Fruits, Stone Fruits, Grapes, etc.)- Market Size & Forecast 2022-32, USD Million
    3. Oilseed & Pulses- Market Size & Forecast 2022-32, USD Million
      1. Soybean- Market Size & Forecast 2022-32, USD Million
      2. Sunflower- Market Size & Forecast 2022-32, USD Million
      3. Others (Rapeseed, Niger, etc.)- Market Size & Forecast 2022-32, USD Million
  3. By Form
    1. Controlled Release Fertilizers- Market Size & Forecast 2022-32, USD Million
      1. Polymer Coated- Market Size & Forecast 2022-32, USD Million
      2. Sulfur Coated- Market Size & Forecast 2022-32, USD Million
      3. Polymer-Sulfur Coated- Market Size & Forecast 2022-32, USD Million
    2. Slow Release Fertilizers- Market Size & Forecast 2022-32, USD Million
      1. Urea-Formaldehyde (UF) - Market Size & Forecast 2022-32, USD Million
      2. NitroForm (UF Derivative) - Market Size & Forecast 2022-32, USD Million
      3. Others (Methylene Urea, Isobutylidendiurea, etc.) - Market Size & Forecast 2022-32, USD Million
    3. Water Soluble Fertilizers- Market Size & Forecast 2022-32, USD Million
      1. Potassium Nitrate- Market Size & Forecast 2022-32, USD Million
      2. Potassium Sulfate- Market Size & Forecast 2022-32, USD Million
      3. Calcium Nitrate- Market Size & Forecast 2022-32, USD Million
      4. Others (NPK Fertilizers, Potassium Chloride, etc.) - Market Size & Forecast 2022-32, USD Million
    4. Liquid Fertilizers- Market Size & Forecast 2022-32, USD Million
      1. Organic - Market Size & Forecast 2022-32, USD Million
      2. Mineral- Market Size & Forecast 2022-32, USD Million
    5. Others (Micronutrients, Granular, etc.)- Market Size & Forecast 2022-32, USD Million- Market Size & Forecast 2022-32, USD Million
  4. By Application Methods
    1. Soil- Market Size & Forecast 2022-32, USD Million
    2. Foliar- Market Size & Forecast 2022-32, USD Million
    3. Fertigation- Market Size & Forecast 2022-32, USD Million
  5. By Competition
    1. Competition Characteristics
    2. Market Share of Top Companies
Peru Primary Nutrients America Specialty Fertilizers Market Outlook, 2022-32F
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 2022-32, USD Million
  2. By Crop Type- Market Size & Forecast 2022-32, USD Million
  3. By Forms- Market Size & Forecast 2022-32, USD Million
  4. By Application Method- Market Size & Forecast 2022-32, USD Million
Peru Secondary Nutrients Specialty Fertilizers Market Outlook, 2022-32F
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 2022-32, USD Million
  2. By Crop Type- Market Size & Forecast 2022-32, USD Million
  3. By Forms- Market Size & Forecast 2022-32, USD Million
  4. By Application Method- Market Size & Forecast 2022-32, USD Million
Peru Micronutrients Specialty Fertilizers Market Outlook, 2022-32F
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 2022-32, USD Million
  2. By Crop Type- Market Size & Forecast 2022-32, USD Million
  3. By Forms- Market Size & Forecast 2022-32, USD Million
  4. By Application Method- Market Size & Forecast 2022-32, USD Million
Competitive Outlook
1. Company Profiles
  1. FERTISUR S.A.C.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Stoller Perú S.A.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Corporación Green Valley
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Global Organics Peru S.A.C
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. The Mosaic Company
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. DB Organic Science
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Capeagro S.A.C
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Haifa Group
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Yara International
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Nutrien Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. ICL Group
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. 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

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