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Farm Supplies Wholesaling in Canada - Industry Market Research Report

Publisher IBISWorld
Published Jan 05, 2025
Length 75 Pages
SKU # IBSS19493097

Description

Farm Supplies Wholesaling in Canada - Industry Market Research Report


Farm Supplies Wholesaling in Canada

Over the five years to 2023, farm supplies wholesalers enjoyed considerable growth. Even amid the outbreak of COVID-19, when fertilizer prices fell, low-interest rates incentivized downstream farmers to invest in land and equipment, spurring the need for more fertilizers and pesticides. Strong demand for Canadian agricultural exports bolstered growth for wholesalers. Industry-wide revenue has grown at a CAGR of 8.5% to $48.4 billion over the five years to 2023, including an estimated 19.6% jump in 2023 alone, when profit is expected to remain stable at 3.0%.

The Farm Supplies Wholesaling industry in Canada is primarily engaged in wholesaling agricultural chemicals, such as fertilizers, herbicides, pesticides and general farm supplies to farmers. Wholesalers may have an exclusive distributorship to sell a particular brand within a specified territory, but generally, they sell products in competition with other wholesalers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

75 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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