South America Fertilizers Market
Segments - by Types (Straight Fertilizers and Complex Fertilizers), Crop types (Grains, and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Other Crop Types), and Geography (Argentina, Brazil, Chile, Colombia, and Rest of South America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The South America fertilizers market size is projected to register a substantial CAGR of 3.4% during the forecast period, 2021–2028. Growth of the market is attributed to fertilizer applications in agricultural operations, such as cultivating plants and basic food crops.
A fertilizer is natural or manufactured substance that is applied to soil or plant tissues to provide nutrients to the plants. Liming materials and other non-nutrient soil additions are not necessarily fertilizers. Fertilizer comes in a variety of forms, both natural and man-made. Fertilization in most current agricultural techniques relies on three primary macro nutrients: nitrogen (N), phosphorus (P), and potassium (K), with the addition of micronutrient supplements such as rock dust. Farmers use a number of methods to apply fertilizers, including dry, pelletized, and liquid application procedures, as well as big agricultural equipment and hand-tool approaches.
A fertilizer, according to the international fertilizer association, is "any solid, liquid, or gaseous substance containing one or more plant nutrients in a known amount and applied to the soil, directly on plants, or added to aqueous solutions to maintain soil fertility, improve crop development, yield, and/or crop quality."
Market Trends, Drivers, Restraints, and Opportunities
- Increased farmland assures steady need for fertilizers is expected to fuel the market expansion during the forecast period.
- Rapid growth of the industry is major factor propelling the market in the coming years.
- Rapid urbanization is anticipated to impede the market growth.
- Limited adoption of controlled-release technology act as key challenge that can hinder the market growth during the forecast period.
- Increase in investment in agricultural sector is estimated to offer lucrative opportunities for the market players.
Scope of the Report
The report on the South America fertilizers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
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Report Title |
Fertilizers Market - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Type (Straight Fertilizers and Complex Fertilizers), Crop type (Grains, and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Other Crop Types) |
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Geographical Scope |
Argentina, Brazil, Chile, Colombia, and Rest of South America |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Nutrien Limited, K+S AG, The Mosaic Company, Yara International, and CF Industries. |
Market Segment Insights
The complex fertilizers segment is projected to hold a large market share
On the basis of types, the South America fertilizers market is bifurcated into straight fertilizers and complex fertilizers. The complex segment is expected to represent a key share of the market during the forecast period. Complex fertilizers are available in a variety of colors, depending on the selection. The term NPK complex fertilizer refers to a fertilizer that comprises three nutrients: nitrogen (N), phosphorus (P), and potassium (K).
NITROGEN (N): Contributes to the plant's development by supplying nitrogen to the soil. PHOSPHORUS (P): Phosphorus is required for root development as well as the ripening process. It is found in all of a plant's cells, which explains why it's so important to the plant's metabolism. The amount of phosphorus is measured as P2O5. It ensures a even distribution of nutrients on the ground; It is simple and cost-effective to apply because the same amount of nutrients requires 2/3 the effort to apply in the soil. It improves fertilizer effectiveness by allowing more fertilizing components to be supplied at the same time (nitrogen, phosphorus, potassium).
The grains and cereals segment is expected to grow at a rapid pace
On the basis of crop types, the South America fertilizers market is divided into grains, and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, other crop types. The grains and cereals segment is expected to represent a key share of the market during the forecast period. With the rise in cereal production and consumption, it is becoming necessary for growers to focus on yield and quality by utilizing efficient fertilizers. Increased need for fertilizers has resulted in increased food demand and a decrease in arable land, in order to fulfill the demand and minimize food shortages. As a result, farmers have started using fertilizers in conjunction with traditional chemicals, which has aided them in producing residue-free crops that meet international requirements.
Brazil is expected to dominate the market
On the basis of geography, the South America fertilizers market is classified as Argentina, Brazil, Chile, Colombia, and Rest of South America. The market in Brazil is anticipated to expand at a high CAGR during the forecast period. The amount of plant nutrients consumed per unit of arable land is measured by fertilizer usage. Brazil accounts for 66% of total domestically used fertilizer in South America and it is continuing to expand its crop-growing areas. As a result, fertilizer consumption has grown in recent years. In 2017, Brazil utilized 5.1 million metric tons of nitrogen fertilizer, up from 4.4 million metric tons the previous year (FAO). Due to increased soybean growth in Brazil, potassium is the rapid growing fertilizer sector.
Segments
Segments Covered in the ReportThe South America fertilizers market has been segmented on the basis of
Types
- Straight Fertilizers
- Complex Fertilizers
- Grains and Cereals
- Pulses and Oilseeds
- Commercial Crops
- Fruits and Vegetables
- Other Crop Types
- Argentina
- Brazil
- Chile
- Colombia
- Rest of South America
- Nutrien Limited
- K+S AG
- The Mosaic Company
- Yara International
- CF Industries
Competitive Landscape
Key players competing in the South America fertilizers market include Nutrien Limited, K+S AG, The Mosaic Company, Yara International, and CF Industries.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fertilizers 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. Fertilizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fertilizers Market - Supply Chain
4.5. Global Fertilizers Market Forecast
4.5.1. Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fertilizers Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fertilizers Market Absolute $ Opportunity
5. Global Fertilizers Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fertilizers Market Size and Volume Forecast by Types
5.3.1. Straight Fertilizers Complex Fertilizers
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fertilizers Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Fertilizers Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Fertilizers Demand Share Forecast, 2019-2026
7. North America Fertilizers Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Fertilizers Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Fertilizers Market Size and Volume Forecast by Types
7.4.1. Straight Fertilizers Complex Fertilizers
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Fertilizers Demand Share Forecast, 2019-2026
8. Latin America Fertilizers Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Fertilizers Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Fertilizers Market Size and Volume Forecast by Types
8.4.1. Straight Fertilizers Complex Fertilizers
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Fertilizers Demand Share Forecast, 2019-2026
9. Europe Fertilizers 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
9.1.3. Europe Average Pricing Analysis
9.2. Europe Fertilizers Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Fertilizers Market Size and Volume Forecast by Types
9.4.1. Straight Fertilizers Complex Fertilizers
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Fertilizers Demand Share Forecast, 2019-2026
10. Asia Pacific Fertilizers 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Fertilizers Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Fertilizers Market Size and Volume Forecast by Types
10.4.1. Straight Fertilizers Complex Fertilizers
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Fertilizers Demand Share Forecast, 2019-2026
11. Middle East & Africa Fertilizers 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. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Fertilizers Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Fertilizers Market Size and Volume Forecast by Types
11.4.1. Straight Fertilizers Complex Fertilizers
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Fertilizers Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Fertilizers Market: Market Share Analysis
12.2. Fertilizers Distributors and Customers
12.3. Fertilizers Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Nutrien Limited K+S AG The Mosaic Company Yara International CF Industries
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fertilizers 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. Fertilizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fertilizers Market - Supply Chain
4.5. Global Fertilizers Market Forecast
4.5.1. Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fertilizers Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fertilizers Market Absolute $ Opportunity
5. Global Fertilizers Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fertilizers Market Size and Volume Forecast by Types
5.3.1. Straight Fertilizers Complex Fertilizers
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fertilizers Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Fertilizers Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Fertilizers Demand Share Forecast, 2019-2026
7. North America Fertilizers Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Fertilizers Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Fertilizers Market Size and Volume Forecast by Types
7.4.1. Straight Fertilizers Complex Fertilizers
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Fertilizers Demand Share Forecast, 2019-2026
8. Latin America Fertilizers Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Fertilizers Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Fertilizers Market Size and Volume Forecast by Types
8.4.1. Straight Fertilizers Complex Fertilizers
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Fertilizers Demand Share Forecast, 2019-2026
9. Europe Fertilizers 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
9.1.3. Europe Average Pricing Analysis
9.2. Europe Fertilizers Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Fertilizers Market Size and Volume Forecast by Types
9.4.1. Straight Fertilizers Complex Fertilizers
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Fertilizers Demand Share Forecast, 2019-2026
10. Asia Pacific Fertilizers 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Fertilizers Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Fertilizers Market Size and Volume Forecast by Types
10.4.1. Straight Fertilizers Complex Fertilizers
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Fertilizers Demand Share Forecast, 2019-2026
11. Middle East & Africa Fertilizers 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. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Fertilizers Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Fertilizers Market Size and Volume Forecast by Types
11.4.1. Straight Fertilizers Complex Fertilizers
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Fertilizers Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Fertilizers Market: Market Share Analysis
12.2. Fertilizers Distributors and Customers
12.3. Fertilizers Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Nutrien Limited K+S AG The Mosaic Company Yara International CF Industries
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