Peru Fertiliser Market Report and Forecast 2025-2034

The Peru fertiliser market reached approximately 713.25 Kilo Tons in 2024. The market is projected to grow at a CAGR of 3.40% between 2025 and 2034, reaching a volume of around 996.43 Kilo Tons by 2034.

Peru Fertiliser Market Growth

The expansion of the agricultural sector, favourable government policies, and balanced usage of organic and synthetic fertilisers are some of the crucial market drivers. The Peruvian government is actively investing in the development of agricultural infrastructure and offering subsidies to assist farmers. These initiatives have resulted in an increased demand for organic and inorganic fertilisers to promote balanced and sustainable agricultural practices.

Moreover, the utilisation of high-end technologies, like sensors and data analytics, in the application of fertilisers is becoming increasingly prevalent, leading to improved nutrient distribution and decreased wastage. The implementation of precision agriculture techniques, such as GPS-guided machinery and variable rate technology (VRT), is also enhancing the efficiency of fertilisers in the country.

Micronutrient fertilisers are also becoming increasingly popular among Peruvian farmers as they provide a targeted solution to specific nutrient deficiencies in the soil, leading to improved crop yields and overall plant health.

Peru Fertiliser Industry Segmentation

“Peru Fertiliser Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type:

• Chemical Fertiliser
• BioFertilisers

Market Breakup by Product:

• Straight Fertilisers
• Complex Fertilisers

Market Breakup by Product Form:

• Dry
• Liquid

Market Breakup by Crop Type:

• Grains and Cereals
• Pulses and Oilseeds
• Fruits and Vegetables
• Flowers and Ornamentals
• Others

Peru Fertiliser Market Share

Based on product type, the market is divided into chemical fertiliser and biofertilisers. Chemical fertilisers account for a substantial market share owing to their ability to efficiently supply vital nutrients to crops, resulting in rapid enhancements in both yield and productivity. Peruvian farmers heavily depend on chemical fertilisers like urea, phosphates, and potash to fulfil the nutritional requirements of their crops.

Leading Companies in the Peru Fertiliser Market

The market players are introducing novel fertiliser solutions to meet the evolving regulatory landscape.

• Grupo Andina
• SGS SA
• FERTILIZANTES DEL SUR S.A.C.
• Others