Market Insights

The South America fertilizer industry shall have a CAGR of 3.5% over the forecast period of 2017-2022, as the nutrient requirements and active ingredients usage are set to rise. Factors supporting the market are economic growth, potential for the agriculture sector, and input-output prices.

Market Dynamics

Major drivers for the fertilizer market growth in South America are increased demand for food grains and need for land use efficiency. Application of fertilizers for bio-fuel production in countries like Brazil and Argentina are also helping the market.  While the potential is comparatively high in the developing countries of South America, the demand would be restricted by low adaptability and regulatory constraints in the region.

Market Segmentation

By type, the market is divided into nitrogen, phosphorus, potash and other macro fertilizers wherein nitrogen-based fertilizers account for the highest market share. By application, the market is explained by crop and non-crop usage.

The South American fertilizers market demand is led by export-oriented agricultural countries like Brazil and Argentina. While Brazil accounts for the majority market share, demand would grow at a faster rate in Argentina.

Key Industry Players

Major players accounting for substantial market share are:

• Agrium
• Yara International
• Bunge
• ADM
• Terra Nitrogen Company
• Potash Corp

Geographical expansion with country specific product innovations is the major strategy followed by the market players.

Key Deliverables in the Study

• Market analysis for the South America market, with region specific assessments and competition analysis on global and regional scales.
• Market definition along with the identification of key drivers and restraints.
• Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
• Extensively researched competitive landscape section with profiles of major companies along with their market shares.
• Identification and analysis of the macro and micro factors that affect the South America fertilizers market on both global and regional scales.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
• Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
• Insights into the major countries/regions in which this industry is growing and identifying the regions still untapped.