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Latin America Fertilizers Market to Pave its Way for Heavy Investment During 2023-2028, Driven by Need to Increase Food Productivity and Rising Use of Organic Fertilizers

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado Latinoamericano de Fertilizantes, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como tipo, forma, tipo de cultivo y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Fertilizers Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as type, form, type of cultivation and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 3%

El crecimiento demográfico y la demanda de alimentos son los principales factores que han influido en el mercado en 2021 y el sector de los fertilizantes obtuvo un valor medio de 25,560 millones. Además, la expansión de la población mundial y el auge de la demanda de alimentos requieren una mayor productividad agrícola, lo que conduce a un mayor uso de fertilizantes para mejorar el rendimiento de los cultivos.

Asimismo, la reducción de la tierra cultivable debido a la urbanización y a factores medioambientales hace necesario el uso de fertilizantes para maximizar la productividad y optimizar el uso de la tierra. Estos cambios en el mercado, junto con la introducción de avances tecnológicos en la agricultura, han allanado el camino al sector objetivo. Además, las innovaciones en las prácticas agrícolas, como la agricultura de precisión, el uso de cultivos modificados genéticamente y los fertilizantes de liberación controlada, impulsan la demanda de fertilizantes para lograr una mayor eficiencia y sostenibilidad.

Read Full Report with Table of Contents – Latin America Fertilizers Market Report

Industry Definition and Major Segments

Fertilizer is a substance or mixture applied to soil, plants, or crops to provide essential nutrients necessary for their growth and development. It supplements the natural nutrient levels in the soil, promoting healthier plant growth, increased yield, and improved quality of agricultural produce.

On the basis of type, the market is segmented into:

• Straight Fertilizers
o Nitrogen Fertilizers
o Phosphatic Fertilizers
o Potash Fertilizers
o Secondary Macronutrient Fertilizers
o Micronutrient Fertilizers
• Complex Fertilisers

By product form, the industry is classified into:

• Dry
• Liquid

By crop type, the industry is divided into:

• Grains and Cereals
• Legumes and Oilseeds
• Commercial Crops
• Fruits and Vegetables
• Others

Key regions covered include:
• Brazil
• Argentina
• Mexico
• Chile
• Others

Market Trends

The fertilizer market in Latin America is growing due to heightened government support and subsidies, increasing awareness of soil health and expansion of commercial farming. These market dynamics are paving the way for higher income generation for small-scale farmers and agricultural bodies through heavy investments in agriculture sector. Whereby, governments across the world provide financial incentives, subsidies, and support programs to promote agricultural productivity, which positively impacts the fertilizer market’s growth.

Moreover, the growing awareness about soil degradation and the importance of soil health management prompts farmers to adopt fertilizers to replenish nutrients and improve soil fertility, driving market growth. Even, the expansion of commercial farming and the adoption of modern farming techniques in emerging economies contribute to the increased use of fertilizers, leading to market expansion. All these aforementioned trends and factors are aiding the target industry for better growth prospects in the forecast period.

Key Market Players

The major players in the market are:
• The Mosaic Company
• Yara International
• Nutrien Limited
• K+S Group
• Sociedad Química y Minera de Chile S.A. (SQM)
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.