Market Size of brazil fertilizers Industry
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2016 - 2030 |
|
Market Size (2024) | USD 35.78 Billion |
|
|
Market Size (2030) | USD 49.68 Billion |
|
Largest Share by Crop Type | Field Crops |
|
|
CAGR (2024 - 2030) | 5.62 % |
|
Fastest Growing by Crop Type | Horticultural Crops |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in no particular order |
Brazil Fertilizers Market Analysis
The Brazil Fertilizers Market size is estimated at USD 35.78 billion in 2024, and is expected to reach USD 49.68 billion by 2030, growing at a CAGR of 5.62% during the forecast period (2024-2030).
- Fastest growing segment by product - Calcium : The degrading soil quality in Brazil, increasingly weathered and low fertile soils, is increasing the need for calcium application as its availability is low acidic soils.
- Largest Segment by Crop Type - Field Crops : The domination of field crops in Fertilizers market is mainly due to its large cultivation area in the country. They account for more than 96% of total crop area.
- Fastest growing by Speciality Type - SRF : The SRF are safe to the soil and environment as they precisely release the nutrients in to the soil throughout the cropping season and thus reduce the leaching of nutrients.
- Largest segment by Application Mode - Soil : It is a conventional way of fertilizer application and can be applied without any equipment. This method of application improves both plant health and soil fertility.
