Farm Supplies Wholesaling in Canada
The Farm Supplies Wholesaling industry has thrived amid volatility in agricultural input prices over the past five years. Industry operators sell a variety of fertilizers, pesticides and other agrochemicals in the agricultural sector; farmers are the primary market for industry operators. While demand from industries involved in crop production has risen steadily over the past five years, fluctuations in the price of fertilizer and commercial feed stifled revenue growth over the period. The industry continues to mirror broader trends of contraction and consolidation occurring in Canada's agricultural sector. As the overall number of farms continues to decline, more independent operators are merging into partnerships or being bought out by large corporations. The industry is expected to continue to face volatility over the next five years. Demand from key crop production industries will strengthen as the overall economy continues to improve and individuals spend more on food items.
This industry is primarily engaged in wholesaling agricultural chemicals, such as fertilizers, herbicides, pesticides and general farm supplies to farmers. A wholesaler 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.
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