The market is dominated by domestic suppliers, as imports account for 23.4% of total market size in 2020. B2B drives market demand, with B2B spending representing 80.3% of total demand in 2020. Canada has the eighth largest market size for agriculture across the top 20 developed countries, with demand reaching USD58.0 billion in 2020. AGT Food & Ingredients Inc is the largest company in Canada, generating 0.5% of the industry’s total production value in 2020. The industry is fragmented, with the top four companies generating 1.1% of total production value in 2020. The total number of companies increases in 2020, to 341,276 units. The costs of the industry increase by 6.3% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 28.4% of production value in 2020, the 15th highest across the top 20 developed countries. With production value of USD55.6 billion, Canada accounts for 11.5% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Agriculture in Canada: ISIC 1. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agriculture in Canada: ISIC 1 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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