Agrochemicals Market in Canada 2022-2026

Agrochemicals Market in Canada 2022-2026

Technavio has been monitoring the agrochemicals market in Canada and it is poised to grow by $ 279.69 mn during 2022-2026, progressing at a CAGR of 4.45% during the forecast period. Our report on the agrochemicals market in Canada provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing use of herbicides, technological improvements leading to efficient methods of agriculture, and increasing demand for sustainable bio-based agricultural products. In addition, increasing use of herbicides is anticipated to boost the growth of the market as well.

The agrochemicals market in Canada analysis includes product and application segments.

Technavio's agrochemicals market in Canada is segmented as below:

By Product

• Fertilizers
• Pesticides

By Application

• Crop-based
• Others

This study identifies the increasing demand for sustainable bio-based agricultural productsas one of the prime reasons driving the agrochemicals market growth in Canada during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on agrochemicals market in Canada covers the following areas:

• Agrochemicals market sizing
• Agrochemicals market forecast
• Agrochemicals market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agrochemicals market vendors in Canada that include BASF SE, Bayer AG, CF Industries Holdings Inc., Dow Inc., DuPont de Nemours Inc., Nippon Soda Co. Ltd., Nutrien Ltd., Syngenta Crop Protection AG, UPL Ltd., and Yara International ASA. Also, the agrochemicals market in Canada analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

BASF SE, Bayer AG, CF Industries Holdings Inc., Dow Inc., DuPont de Nemours Inc., Nippon Soda Co. Ltd., Nutrien Ltd., Syngenta Crop Protection AG, UPL Ltd., Yara International ASA