Canada Agrochemicals Market Insights
The agrochemicals market in Canada is estimated to grow at a CAGR of 4.2% during 2017-2022.
Canada Agrochemicals Market Dynamics
Demand for healthy diets has increased the consumption of cereals, fruits and vegetables in Canada. This has resulted in integration among growers, federal governments and industries to improve the crop yield to meet Canada’s food supply requirements. While all this is done, proper care is applied for not causing any adverse effects to human safety and ecological balance. Canada is expected to exceed the US by posting a faster growth in terms of value demand because of country’s exclusive focus on revamping its agriculture sector.
Canada Agrochemicals Market Segmentation
Nitrogenous fertilizers form the largest share of the fertilizer market. Pesticides market is currently lead by herbicides products followed by fungicides and insecticides.
In terms of end-use area, crop-based applications of various agrochemicals would be dominant with regard to volume consumed and value demanded, as well as with regard to recording a faster growth compared to non-crop-based applications.
Key Players in the Canadian Agrochemicals Market
Given the large operational area and never ending need of the agrochemical industry, many market players and companies have entered the industry. The industry is concentrated within six major manufacturers covering the majority of market share. Some of the big names include Yara International ASA, BASF, Bayer Crop Science, Makhteshim Agan Industries Ltd, Dow Agro Sciences, Monsanto, Syngenta, Agrium, CF Industries Holdings, Potash Corporation etc.
1.1 Research Methodology
1.2 Definition of the Market
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
4.1.1 Food safety and security issue
4.1.2 Need for increased land productivity
4.1.3 Soil health improvement
4.2.1 Environmental and regulatory constraints
4.2.2 Popularity of natural and eco-friendly alternatives
4.2.3 Conflict on the use of GM crops
4.3.1 Development of safe products
4.3.2 Integrated farming practices
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Fertilizers Market
5.1.2 Pesticides Market
5.1.3 Adjuvants Market
5.1.4 Plant Growth Regulators Market
5.2 By Application
220.127.116.11 Grains & Cereals
18.104.22.168 Oil seeds
22.214.171.124 Fruits & Vegetables
5.2.2 Non-Crop based
126.96.36.199 Turf & Ornamental Grass
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies in the past five years
6.5 Market Share Analysis
7. Company Profiles
7.1 Bayer Crop Science
7.4 CF Industries Holdings
7.5 Potash Corporation of Saskatchewan
7.6 The Mosaic Company
7.7 Yara International
7.8 Bunge (BG)
7.9 Archer-Daniels-Midland (ADM)
7.11 Terra Nitrogen Company
7.12 Converted Organics
7.13 Monsanto Company
7.14 IsAgro Spa
7.15 Potash Corporation of Saskatchewan
7.16 Intrepid Potash
7.17 E.I. Du Pont De Nemours & Company
7.18 Makhteshim Agan Industries Ltd.
7.19 Nufarm Ltd.
7.20 Sumitomo Chemical
7.21 Dow Agrosciences Llc.
7.22 Israel Chemicals Ltd.
7.23 Syngenta AG.
7.24 K+S AG
7.26 Chemtura AgroSolutions
7.27 FMC Corporation (United States)