AgTech Companies In Canada

The Growth of AgTech in Canada

Canada’s AgTech sector is experiencing rapid growth and innovation, positioning the country as a leader in agricultural technology. With $4.1 billion CAD invested between 2014 and 2024, the sector has seen an 8.4% compound annual growth rate (CAGR)—outpacing the global average. This momentum is driven by both public and private investments, with government grants funding nearly 30% of all foodtech investment rounds. As Canada strengthens its agricultural innovation ecosystem, key areas such as plant-based food technology, biotech food processing, and food waste reduction are leading the way.

Despite challenges like limited late-stage funding, labor shortages, and supply chain complexities, Canada’s precision agriculture market is expanding at a 12% annual growth rate, driven by AI, IoT, and smart farming technologies. With strong government support and dedicated research initiatives, Canada is shaping the future of sustainable and technology-driven agriculture, both domestically and on the global stage.