South America Specialty Fertilizers Market Report and Forecast 2026-2034

Study Period

2020-2034

Market (2025)

USD 3.31 Billion

Market (2034)

USD 5.64 Billion

CAGR

6.11%

Major Markets Players

Yara International ASA, SQM S.A., The Mosaic Company, ICL Group Ltd., K+S Aktiengesellschaf and Others

What Is the South America Specialty Fertilizers Market Size & Value?

The South America Specialty Fertilizers Market is anticipated to register a CAGR of around 6.11% during the forecast period, 2026-34. Additionally, the market size was valued at nearly USD 3.31 billion in 2025 and is projected to reach almost USD 5.64 billion by 2034.

South America Specialty Fertilizers Market Key Highlights

• Strong demand from Brazil Specialty Fertilizer Market, inspired by soybean cultivation, corn farming in South America, and booming crop nutrition management requirements to support regional market growth.
• Growth of water-soluble fertilizers (WSF), controlled-release fertilizers (CRF), liquid blends, micronutrients, and NPK specialty blends in all segments.
• Foliar application in South America & fertigation upsurge in horticulture, as well as high-value crops across Latin America to drive industry progression.
• Adoption of AI assists the market in forecasting & soil-mapping.
• Brazil grabs the dominant share, followed by Argentina, Chile, and Colombia.
• Rising shift toward improved efficiency fertilizers in South America & biostimulants incorporation amid soil nutrient deficiencies to upscale market demand.

South America Specialty Fertilizers Market Dynamics

Integrated Nutrient Management for Growing Row-Crop Operations: Fast upscale in soybean & corn cultivation in Brazil, Argentina, and Paraguay continues to instigate demand for high-efficiency inputs. Farmers are progressively favoring controlled-release, water-soluble, and micronutrient blends to address insistent soil nutrient depletion in major agro-zones. Also, precision nutrition strategies & fertigation systems improve uptake efficacy, enabling stable yield enhancements even in weather-volatile seasons. Hence, this fundamental efficiency shift remains one of the region’s solidest, research-supported demand drivers.

Rough Regional Infrastructure Affecting Product Penetration: Specialty fertilizers necessitate distribution networks capable of handling sensitive, frequently moisture-reactive formulas. In remote zones of Bolivia, Peru, and northern Brazil, deficient storage & transportation infrastructure restricts market access to improved CRF, WSF, and chelated micronutrients. Though adoption is increasing, uneven logistics prevent uniform supply, affecting product consistency & limiting further penetration into smallholder-dominated regions.

Accelerating Horticulture & High-Value Crop Investments: Latin America’s fruit, vegetable, and export-oriented plantation sectors are increasing rapidly, opening large opportunities for foliar nutrition, fertigation-ready WSF, secondary nutrients, and biostimulant-integrated formulations. Also, countries such as Chile, Peru, and Colombia are progressively cultivating berries, citrus, grapes, and avocados, all of which demands precision feeding—substantially scaling the South America Specialty Fertilizers Market potential.

Shift Toward Enhanced-Efficiency & Coated Technologies: There is a clear trend toward polymer-coated CRF, stabilized nitrogen solutions, and ground-breaking micronutrient chelates developed for tropical soil conditions. Therefore, this move supports sustainability goals & aligns with national agricultural policies encouraging compact nutrient losses, enhanced soil health, and greater productivity.

South America Specialty Fertilizers Industry Analysis (2026–2034)

The South America Specialty Fertilizers Market that offers specialty blends (CRF, controlled-release fertilizers (CRF), water-soluble fertilizers (WSF), liquids, NPK specialty blends, micronutrients and biostimulants integration) is destined for sturdy growth as precision feeding & crop nutrition management scale in large row-crop systems (soybean, corn) & high-value horticulture. Also, Brazil remains foremost, while Argentina, Chile, and Peru are also expanding faster in high-value crops across Latin America.

Also, South America Specialty Fertilizers Market’s profitability arise from premium pricing for improved efficiency fertilizers & fertigation-ready demand, however uneven logistics & import dependance constrain uniform market reach. Moreover, sales channels like direct sales to large agribusiness, distributors, and digital platforms, as well as key players (Yara, EuroChem, local blenders) are adapting through partnerships & coated-CRF launches. Consequently, increasing agricultural technology adoption & insistent soil nutrient deficiencies generate a scalable market scope & favorable future for the South America Specialty Fertilizers Market.

What is the Impact of AI in the South America Specialty Fertilizers Market?

AI augments precision agriculture in South America by enhancing nutrient prescriptions, yield forecasts, and crop nutrition management. Also, Yara’s digital-farming platforms & its partnership with IBM deploy AI for field-level recommendations. Alsong with this, Syngenta’s AI tools incorporate satellite, drone & soil data for targeted foliar application & specialty fertilizer demand by crop in South America.

How are the South America Specialty Fertilizers Market Segments Defined?

The South America Specialty Fertilizers Market Research Reports provide detailed market data & insights in accordance with market segmentation. Some of the segments are:

• Specialty Type: Controlled-Release Fertilizers (CRF) / Coated CRF, Slow-Release Fertilizers (SRF), Water-Soluble Fertilizers (WSF), Liquid Fertilizers, Micronutrient Fertilizers (Chelated/Complexed), Customized / Blended Specialty Formulations
• Formulation: Granular / Dry (Prills, Granules), Liquid (Ready-To-Use Concentrates), Water-Soluble Powders / Concentrates

By Specialty Type:

Water-soluble fertilizers (WSF) dominates the South America Specialty Fertilizers Market, supported by increasing fertigation in Brazil & Chile, as well as growing crop nutrition management requirements in large farms. Moreover, industry reports consistently position WSF as the biggest specialty type owing to high adoption in soybean cultivation in Brazil, corn acreage in South America, and high-value crops in Latin America. Further, aligning with precision agriculture in the region & improved efficacy fertilizers demand.

By Formulation:

Granular/Dry Formulations leads with potential market share, as they are easier to apply across extensive row-crop systems & adapt well to Brazil’s mechanized farming. Also, studies confirm that granular formats are in high demand, instigated by NPK specialty blends, controlled-release fertilizers (CRF), and minimized fertilizer import dependence, supporting better handling, storage, and sustainability within market trends.

South America Specialty Fertilizers Industry: Regional Insights

The South America Specialty Fertilizers Market is geographically diversified, covering:

• Brazil
• Argentina
• Chile
• Colombia
• Rest of South America

The Brazil Specialty Fertilizers Market upholds the dominant share of the regional market, owing to its enormous soybean cultivation, increasing corn cultivation, strong government agricultural policy, and fastest-expanding fertigation industry. Also, this supremacy supports the overall South America Specialty Fertilizers Market size, prompting demand for CRF, WSF, micronutrients, and biostimulants incorporation.

South America Specialty Fertilizers Market: What Recent Innovations Are Affecting the Industry?

• 2025: Yara International ASA joined hands with Embrapa to advance sustainable recovery via precision agriculture South America, improving crop nutrition management for soybean cultivation.
• 2025: ICL Group Ltd. introduced Sulfurball, a spherical sulfur fertilizer increasing efficiency in controlled-release fertilizers for corn acreage.

How does the Future Outlook of the South America Specialty Fertilizers Market (2034) Appear?

Sustained Growth: Strengthened by about 6.11% CAGR, the South America Specialty Fertilizers Market value is estimated to reach around USD 5.64 billion by 2034, driven by expanding corn & soybean cultivation.

Technological Upgrade: Precision agriculture in South America evolves with agricultural technology acceptance of controlled-release fertilizers (CRF) & NPK specialty blends, incorporating biostimulants integration for nearly 25% better nutrient uptake in high-value crops in Latin America, diminishing waste in foliar application.

Future Opportunities: Specialty fertilizer demand by crop across South America opens profitable avenues for the market, minimizing fertilizer import dependence via localized liquid fertilizers innovations.

What Does Our South America Specialty Fertilizers Market Research Study Entail?

• The South America Specialty Fertilizers Market Research Report highlights the forecast growth rate (CAGR) by anticipating the market size and share.
• The market analysis & market scope sheds light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
• The South America Specialty Fertilizers Market Research Report entails details about the most critical shifts in market share in the prominent regions.
• Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.