The market is dominated by domestic suppliers, as imports account for 18.3% of total market size in 2023. B2B drives market demand, with B2B spending representing 81.4% of total demand in 2023. Canada has the seventh largest market size for agriculture across the top 20 developed countries, with demand reaching USD79.9 billion in 2023. AGT Food & Ingredients Inc is the largest company in Canada, generating 0.4% of the industry’s total production value in 2023. The industry is fragmented, with the top four companies generating 1.0% of total production value in 2023. The total number of companies increases in 2023, to 311,128 units. The costs of the industry decrease by 0.3% in 2023, largely driven by declining labour costs. The industry’s profitability increases and stands at 23.2% of production value in 2023, the 18th highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 29.7% of total production output. With production value of USD78.8 billion, Canada accounts for 11.5% of the North America total in 2023.
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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
Agriculture is an aggregation of farming of cattle, swine and pigs, sheep and other quadrupeds, poultry and other animals; growing of cereals and crops, fruits and vegetables; providing agricultural services and hunting.
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