Market Size of canada crop protection chemicals Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.70 Billion |
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Market Size (2029) | USD 2.22 Billion |
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Largest Share by Function | Herbicide |
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CAGR (2024 - 2029) | 5.53 % |
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Fastest Growing by Function | Herbicide |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Canada Crop Protection Chemicals Market Analysis
The Canada Crop Protection Chemicals Market size is estimated at 1.70 billion USD in 2024, and is expected to reach 2.22 billion USD by 2029, growing at a CAGR of 5.53% during the forecast period (2024-2029).
1.70 Billion
Market Size in 2024 (USD)
2.22 Billion
Market Size in 2029 (USD)
-1.08 %
CAGR (2017-2023)
5.53 %
CAGR (2024-2029)
Largest Segment By Function
67.52 %
value share, Herbicide, 2023
Due to the substantial economic impact of weeds on crop yields, farmers are motivated to employ herbicides to control weed growth and preserve crop productivity in Canada.
Fastest-growing Segment by Function
6.47 %
Projected CAGR, Herbicide, 2024-2029
Due to the substantial economic impact of weeds on crop yields, farmers are motivated to employ herbicides to control weed growth and preserve crop productivity in Canada.
Largest Segment by Crop Type
49.83 %
value share, Grains & Cereals, 2023
Canada is a country known for producing a wide variety of grains and cereals, including wheat, barley, and corn, among others, especially in the Prairie province.
Leading Market Player 1
18.02 %
market share, Bayer AG, 2022
Bayer has partnered with Oerth Bio with an aim to develop next-generation crop protection products based on Oerth Bio's innovative protein degradation technology.
Leading Market Player 2
15.65 %
market share, Corteva Agriscience, 2022
Corteva has launched innovative crop protection chemicals in Canada, including an insecticide, Lumivia CPL, and fungicide Cerefit, to expand its portfolio in the country.
The market is driven by the growing pressure of pests and diseases
- Canada's agriculture is diverse and plays a crucial role in the country's economy. It includes the cultivation of various crops, such as wheat, canola, barley, and fruits like apples and blueberries, along with livestock farming. Pests and diseases pose significant challenges to Canadian agriculture. Common pests include Colorado potato beetles, cabbage maggots, and soybean aphids, affecting major crops like potatoes, cruciferous vegetables, and soybeans.
- Failure to control weeds led to a significant 10.0% potential yield loss in soybeans, amounting to USD 32 million in Eastern Canada, leading to increased demand for herbicides. Herbicides accounted for the highest share of 84.99% of the crop protection chemicals consumed in Canada, with a market value of USD 1.27 billion in 2022.
- Fungicides are widely used in Canadian agriculture to control fungal diseases, accounting for a share of 13.14% in 2022. Wheat is a major crop in Canada and is significantly affected by Fusarium head blight, leading to yield losses ranging between 50% and 60%. The Fusarium species can produce spores on infected crop residue like straw and stubble in the field.
- The Colorado potato beetle (Leptinotarsa decemlineata) poses a significant threat to potatoes and affects eggplant and tomato crops. It is highly destructive and capable of causing severe damage to potato yields, with crop reductions ranging from 20% to 100%, primarily by feeding on foliage. Insecticides accounted for 8.47% of Canada's crop protection chemicals market in 2022. Nematodes and snails also pose a significant threat to Canada's agricultural production, leading to significant yield losses.
- The market is driven by the growing pest pressure and the need to control them to increase productivity.
Canada Crop Protection Chemicals Industry Segmentation
Fungicide, Herbicide, Insecticide, Molluscicide, Nematicide are covered as segments by Function. Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment are covered as segments by Application Mode. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type.
- Canada's agriculture is diverse and plays a crucial role in the country's economy. It includes the cultivation of various crops, such as wheat, canola, barley, and fruits like apples and blueberries, along with livestock farming. Pests and diseases pose significant challenges to Canadian agriculture. Common pests include Colorado potato beetles, cabbage maggots, and soybean aphids, affecting major crops like potatoes, cruciferous vegetables, and soybeans.
- Failure to control weeds led to a significant 10.0% potential yield loss in soybeans, amounting to USD 32 million in Eastern Canada, leading to increased demand for herbicides. Herbicides accounted for the highest share of 84.99% of the crop protection chemicals consumed in Canada, with a market value of USD 1.27 billion in 2022.
- Fungicides are widely used in Canadian agriculture to control fungal diseases, accounting for a share of 13.14% in 2022. Wheat is a major crop in Canada and is significantly affected by Fusarium head blight, leading to yield losses ranging between 50% and 60%. The Fusarium species can produce spores on infected crop residue like straw and stubble in the field.
- The Colorado potato beetle (Leptinotarsa decemlineata) poses a significant threat to potatoes and affects eggplant and tomato crops. It is highly destructive and capable of causing severe damage to potato yields, with crop reductions ranging from 20% to 100%, primarily by feeding on foliage. Insecticides accounted for 8.47% of Canada's crop protection chemicals market in 2022. Nematodes and snails also pose a significant threat to Canada's agricultural production, leading to significant yield losses.
- The market is driven by the growing pest pressure and the need to control them to increase productivity.
| Function | |
| Fungicide | |
| Herbicide | |
| Insecticide | |
| Molluscicide | |
| Nematicide |
| Application Mode | |
| Chemigation | |
| Foliar | |
| Fumigation | |
| Seed Treatment | |
| Soil Treatment |
| Crop Type | |
| Commercial Crops | |
| Fruits & Vegetables | |
| Grains & Cereals | |
| Pulses & Oilseeds | |
| Turf & Ornamental |
Canada Crop Protection Chemicals Market Size Summary
The Canada Crop Protection Chemicals Market is a vital component of the country's agricultural sector, which is characterized by its diverse crop production, including staples like wheat, canola, and barley, as well as fruits such as apples and blueberries. The market is driven by the need to combat significant pest and disease challenges that threaten crop yields. Herbicides dominate the market due to their essential role in controlling weeds, which have been linked to substantial yield losses in crops like soybeans. Fungicides and insecticides also play crucial roles in managing fungal diseases and insect pests, respectively. The adoption of integrated pest management and sustainable farming practices is gradually reducing reliance on chemical pesticides, influenced by increased environmental awareness and government regulations promoting responsible pesticide use.
Despite the shift towards sustainability, the market is expected to grow, driven by rising pest pressures and the need to ensure food security. Canada's dependence on imported pesticides, due to its significant agricultural output, makes the market susceptible to fluctuations caused by currency exchange rates and import tariffs. The government's support for the organic industry and initiatives to reduce synthetic pesticide use may impact market dynamics. However, the ongoing challenges posed by climate change, such as rising temperatures creating favorable conditions for pests, could necessitate increased pesticide use. The market is fairly consolidated, with major players like BASF SE, Bayer AG, Corteva Agriscience, FMC Corporation, and Nufarm Ltd leading the industry, while new product introductions and partnerships continue to shape the competitive landscape.
Canada Crop Protection Chemicals Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Function
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1.1.1 Fungicide
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1.1.2 Herbicide
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1.1.3 Insecticide
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1.1.4 Molluscicide
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1.1.5 Nematicide
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1.2 Application Mode
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1.2.1 Chemigation
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1.2.2 Foliar
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1.2.3 Fumigation
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1.2.4 Seed Treatment
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1.2.5 Soil Treatment
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1.3 Crop Type
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1.3.1 Commercial Crops
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1.3.2 Fruits & Vegetables
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1.3.3 Grains & Cereals
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1.3.4 Pulses & Oilseeds
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1.3.5 Turf & Ornamental
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Canada Crop Protection Chemicals Market Size FAQs
How big is the Canada Crop Protection Chemicals Market?
The Canada Crop Protection Chemicals Market size is expected to reach USD 1.70 billion in 2024 and grow at a CAGR of 5.53% to reach USD 2.22 billion by 2029.
What is the current Canada Crop Protection Chemicals Market size?
In 2024, the Canada Crop Protection Chemicals Market size is expected to reach USD 1.70 billion.
