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Global Blockchain in Agriculture Market – Industry Trends and Forecast to 2028

  • Agriculture And Animal Feed
  • Upcoming Report
  • Nov 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Blockchain in Agriculture Market, By Type (Public, Private, Hybrid/Consortium), Organization Size (Large Enterprises, SMEs), Stakeholder (Growers, Food Manufacturers/Processors, Retailers), Provider (Application and Solution Provider, Middleware Provider, Infrastructure and Protocol Provider), Application (Product Traceability, Tracking and Visibility, Payment and Settlement, Smart Contracts, Governance, Risk and Compliance Management), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India , South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Blockchain in Agriculture Market Market Analysis and Insights : Global Blockchain in Agriculture Market

The blockchain in agriculture market is expected to witness market growth at a rate of 46.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on blockchain in agriculture market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growing demand for supply chain transparency is escalating the growth of blockchain in agriculture market.

Blockchain refers to a technological database in which all of the transactions are recorded and connected with the assistance of cryptography. Every single recorded transaction is interlinked with the previous one in the type of database. The use of the database in the agricultural market is to induce the transparency between the farmers and the users of these farm products including manufacturers and end-users among others.

The growing concerns regarding food grains wastage and food fraud across the globe and the increasing need for food supply chain transparency act as the major factors driving the blockchain in agriculture market. The emergence of agricultural start-ups, the rise in demand for supply chain transparency and the use of the technology for various applications in food and agriculture such as tracking and visibility, smart contract, compliance management, governance, risk, payment and settlement and product traceability accelerate the blockchain in agriculture market growth. The increasing demand for supply chain transparency, rise of small and medium-sized enterprises and growth in online trading and tracking systems enhancing the need for blockchain solutions during COVID-19 further influence the blockchain in agriculture market. Additionally, technological development, surge in investment, growing post-harvest losses and expansion of agriculture sector positively affect the blockchain in agriculture market. Furthermore, growth of smart agricultural systems, government initiatives to support modern techniques and adoption of blockchain solutions to ease the supply chain complexities in the agriculture ecosystem extend profitable opportunities to the blockchain in agriculture market players in the forecast period of 2021 to 2028.  

On the other hand, uncertainty in regulations and standards and uncertainty in regulations and standards are the factors expected to obstruct the blockchain in agriculture market growth. The issues with the data mismanagement among growers during precision farming and lack of standardization of data causing misrepresentation of the data are projected to challenge the blockchain in agriculture market in the forecast period of 2021 to 2028.  

This blockchain in agriculture market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on blockchain in agriculture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Blockchain in Agriculture Market Scope and Market Size

The blockchain in agriculture market is segmented on the basis of type, organization size, stakeholder, provider and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the blockchain in agriculture market is segmented into public, private and hybrid/consortium.
  • On the basis of organization size, the blockchain in agriculture market is segmented into large enterprises and SMEs.
  • On the basis of stakeholder, the blockchain in agriculture market is segmented into growers, food manufacturers/processors and retailers.
  • On the basis of provider, the blockchain in agriculture market is segmented into application and solution provider, middleware provider and infrastructure and protocol provider.
  • On the basis of application, the blockchain in agriculture market is segmented into product traceability, tracking and visibility, payment and settlement, smart contracts, governance and risk and compliance management.

Global Blockchain in Agriculture Market Country Level Analysis

The blockchain in agriculture market is analyzed and market size, volume information is provided by country, type, organization size, stakeholder, provider and application as referenced above.    

The countries covered in the global blockchain in agriculture market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominate the blockchain in agriculture market because of the presence of major companies, increase in research and development activities for blockchain due to food safety concerns and benefits offered to the farming vertical such as transparency, payment and land registry in the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the growing investment made by various stakeholders and government support for exploration and adoption of modern technology.

The country section of the blockchain in agriculture market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Blockchain in Agriculture Market Share Analysis

The blockchain in agriculture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blockchain in agriculture market.

The major players covered in the blockchain in agriculture market report are IBM Corporation, Microsoft, Arc-net, Ambrosus, SAP SE, OriginTrail, PROVENANCE, AgriDigital, ripe.io., VeChain Foundation, Chainvine, AgriChain Pty Ltd, Skuchain, Bext360, FCE GROUP AG, COIN22, TE-FOOD International GmbH, modum.io AG, Viveat, EHARVESTHUB INC., GrainChain, CargoChain Limited, Farm2Kitchen, Arduino, Agri10x among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Blockchain in Agriculture Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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