Industry Analysis & Industry Trends
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... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry into the Farm Supplies Wholesaling industry are few and low, as indicated by the several thousand operators within the industry at present. No official licence or permission is necessary to get started, although distributors that handle dangerous agricultural chemicals harmful to human health must follow storage and handling guidelines. This fact, however, does not represent a major barrier to entry.
Additionally, there are few industry incumbents who hold substantial market share beyond their limited regional reach. The result is an industry easy to enter and exit, which has been demonstrated by the recent downsizing of industry operators. Initial investments may be a barrier for some new entrants, but this is typical of any industry within this sector. Far.. purchase to read more