Pesticide Manufacturing in Canada
Over the past five years, operators in the Pesticide Manufacturing industry have experienced growth in revenue despite recurring volatility due to changes in the regulatory environment, declines in the exchange rate and a declining number of farms. Moreover, industry profit margins have trended upward due to limited competition and high barriers to entry in the industry. Moving forward, industry operators are expected to continue growing, albeit at a slightly slower rate, as regulations are expected to continue to become more stringent. In addition, sustained demand from crop production and a projected increase in demand for more environmentally friendly products are also expected to boost industry revenue.
Operators in this industry manufacture household and agricultural pest control chemicals. Industry products include pesticides and agricultural chemical products such as herbicides, insecticides, fungicides, insect repellents, sheep dips, fly sprays and flea powders. This industry does not manufacture fertilizers.
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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