Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Agrium Inc analyses the brand by its strengths, weaknesses, opportunities & threats. In Agrium Inc SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Agrium Inc to benchmark its business & performance as compared to the competitors. Agrium Inc is one of the leading brands in the industrial products and chemicals sector.
The article below lists the Agrium Inc SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Agrium Inc SWOT Analysis:
For Agrium Inc, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
Agrium Inc Strengths
The strengths of Agrium Inc looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Agrium Inc :
1. The company operates more than 500 retail centres in the U.S and South America under the brand names Western Farm Service, Crop Production Services, and AgroserviciosPampeanos S.A.[ 2. Agrium Advanced Technologies focuses on consumer benefit as well as environmental growth. 3. They have pricing power over suppliers and customers in the North and South American region. 4. Awards in October 2008 and 2009 as one of Alberta’s top employers and Canada’s top employers respectively.
Agrium Inc Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Agrium Inc SWOT Analysis:
1. Violations of environmental regulations affect brand image 2. Lack of strong partnerships with distributors outside the American continent.
Agrium Inc Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Agrium Inc SWOT Analysis:
1. Expansion measures in full swing, especially in the emerging economies in the Asian continent. 2. Emergence of new technologies in the agricultural sector. 3. There is a lot of demand from India and China in the commodities space.
4. International trade with Asian and European economies will add to foreign exchange reserves.
Agrium Inc Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Agrium Inc are as mentioned:
1. Stricter environmental regulations in the agricultural and fertilizer sector. 2. The industry is very volatile with increasing demand for more sustainable products and emergence of new players. 3. Emergence of substitutes for Agrium’s products.
Agrium Inc Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Agrium Inc:
1. Potash Corp. of Saskatchewan Inc. 2.CF Industries Holdings Inc. 3. Yara International ASA
Hence this concludes the Agrium Inc SWOT analysis.
Where the future is growing; Feeding a Growing World
The only publicly traded company that crosses the entire agricultural value-chain
Agrium Inc STP
Businesses focused on improving quality and sustainability of their fertilizers.
Farmers and businesses using fertilizers for crop protection and growth.
Major retail supplier of agricultural products and services in North and South America.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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