Blockchain in Agriculture Market Overview
Global Blockchain in Agriculture market was estimated at USD 254.12 million in 2021, and is anticipated to reach USD 3441.21 million by 2028, growing at a CAGR of 45.1%
A blockchain is a digital transaction ledger, prolonged by a network of multiple computing machines that are not depending on a trusted third party. Individual transaction data files (block) are managed through specific software platforms that allow the data to be transmitted, processed, stored, and represented in a human-readable form. Blockchain is one of the innovative technologies which is used in the agriculture and food supply chain which helps to stimulate market growth over the forecast period. Furthermore, according to Chang, Iakovou, and Shi 2019, blockchain in agriculture and food supply chain management is expected to grow at an annual growth rate of 87% and increase from $60.8 million in 2018 to $429.7 million by 2023. Commercial agriculture or agribusiness interest in blockchain technology is rapidly growing. Growing, companies are realizing how the rising technology's enhanced data management capabilities could create supply chain efficiencies and overcome friction in transactions.
Moreover, blockchain applications in agriculture enhance diverse aspects in agricultural systems especially supply chain and internet of things (IoT) based systems. It includes food safety, food security, food quality monitoring and control, traceability of waste reduction, and transactions to reduce economic costs, thus supporting small-scale farmers. For instance, TE-FOODS is the global largest publicity accessibly, farm-to-table food traceability solutions. It serves 6000+ business customers and handles 400000 transactions business transactions each day. TE-FOODS helps solutions to activities that include object identification and product serialization to data capture by interface and B2B mobile app, data storage on blockchain, data processing to follow customer protocols and tools to present the food history to consumers.
Market Dynamics and Factor
Drivers:
Growing concerns for food safety, food grain wastage, and food fraud across the globe among consumers demanding transparency in the agri-food supply chain are driving factors for the blockchain market. To fight this issue of food safety, many companies have come up with pilot studies to use blockchain technology to determine and control food production conditions throughout the supply chain. For instance, Walmart and Kroger are the first companies to accept blockchain and include the technology into their supply chains, working primarily on Mexican mangoes. For instance, according to IRTA Institutes of Agrifood Research and Technology, in December 2016, the company AgriDigital executed the world's first settlement of the sale of 23.46 tons of grain on a blockchain. From then, around 1300 users and more than 1.6 million tons of grain have been transacted in the cloud-based system, involving $360 million in grower payments.
Furthermore, the emergence of agricultural startups and the use of technology for various applications in food and agriculture such as tracking and visibility, smart contract, compliances management, governance, risk, payment and settlement, and product traceability accelerate the blockchain in agriculture during the forecast period.
Additionally, expansion in the agriculture sector, growing post-harvest losses, technological development, and surge in investment positively affect the blockchain in agriculture over the forecast period. According to Chang, Iakovou, and Shi 2019, blockchain in agriculture and food supply chain management is expected to grow at an annual growth rate of 87% and increase from $60.8 million in 2018 to $429.7 million by 2023.
Moreover, government initiatives to support modern techniques and the adoption of blockchain solutions to ease supply chain complex in agriculture is stimulated the market growth during the forecast period. For instance, in India Asia Pacific region, the DBT (Direct Benefit Transfer) such as cash benefits subsidy like PAHL, NSAP, MGNREGA, government transfer free cash directly to farmer account through intermediate agencies such as Food Corporation of India, Public Distribution System are supported to the farmers.
Restraints:
Data mismanagement among the growers during precision farming and uncertainty, rules regulation, and standards by the government are the restraints that are hampering the market growth over the period.
Opportunity:
The combinations of BDT based direct cash transfer schemes by adopting blockchain-based smart contracts technology will improve the disbursement of existing subsidy benefits to the farmers which is an opportunity for the blockchain market growth over the future period.
COVID-19 Impact Analysis of Blockchain In Agriculture Market
Spreading of coronavirus globally, the global food supply chains' various inefficiencies were realized globally. This has led to the probable opening of chances in the mid and long-term technological markets. Blockchain technology helps a repeatable framework for all digital trade executions. According to the World Economic Forum, the blockchain method is a highly efficient solution to cope with the inefficiencies in supply chains surfaced by the pandemic. Alliances were managed among companies includes Cargill and Agrocrop with Rabobank and other logistics and supplier companies to pilot blockchain for high cross-continental commodity trading. The restrictions have made it further difficult to track many foods products' origin, resulting in more hazardous food. According to the Global Food Safety Initiative (GFSI), food retailers over the globe are also urging certifications of suppliers to ensure food safety for every stakeholder in the value chain. Hence, the spread of the COVID-19 pandemic has led to the growing usage of blockchain in the food industry for traceability and transparency.
Market Segmentation
Segmentation Insights
Based on Organization Size, the large enterprise's sub-segment is accounted for the largest share in the market over the forecast period. The large organization has adequate revenues or funds to invest in new technologies such as Walmart (US), JD.com (CHINA), Nestle (Switzerland), Bumble Bees (US) are adopting blockchain technology on an empirical basis leading to the dominance of this segment. The agriculture market includes leading key players are IBM Microsoft, TE-FOODS International GmbH, and ACR-NET amongst others that provide exquisite blockchain technology platforms.
Based on the Provider, the application and solution provider segment accounted for the largest share in the market and is anticipated to be the fastest-growing segment in blockchain in the agriculture and food supply chain market in the projected period. Entities offer blockchain technologies that are more useful to deliver high business value to companies by reducing transactional data duplication and providing authentication for regular needs. For instance, IBM launched its IBM food trust platform which represents a cloud-based, permission blockchain solution for ensuring a trusted method for participants to share food-related data, extract value from others' contributions, and design a safer, smarter, highly efficient, and sustainable food ecosystem.
Based on Application, product traceability tracking, and visibility are accounted for the largest share in the market. Agriculture traceability urges a high volume of data that needs to be collected over the supply chain. Due to the rapid development of automated processes and products in communication technologies resulting in the internet of things (IoT) paradigm. This technology includes product identification, ingredient analysis, transportation, storage, as well as information capture throughout the overall system integration. Furthermore, methods such as barcodes, QR codes, wireless sensor networks (WSNs) are the most widespread and well-known among supply chains which helps to rapid growth over the market.
For instance, the AgriOpenData blockchain is an innovative digital technology guaranteeing traceability in the whole agri-food chain for organic and processed food in a transparent, secure, and public manner. For instance, according to IBM, investing in such a platform would enhance traceability and accountability among stakeholders. It was attributed in a Forbes Report that by conventional types Walmart took in 6 days, 18 hours, and 26 minutes to trace the exact farm location of mangoes while applying blockchain technology the same task was completed in under 3 seconds only.
Based on region North America is considered the most advanced region to technology adoptions and infrastructure. The region has blockchain technology providers such as IBM, Microsoft in North America is the main driving factor for the market.
Regional Insights
The European region is estimated to observe the highest growth in the blockchain in the agriculture market, due to lower operational costs in financial transactions, and growing transaction-related applications are expected to support stakeholders.
In the Asia Pacific region some countries such as India, China has government support and initiatives which are expected to grow the market during the forecast period.
North America is considered the most advanced region in terms of technology adoption and infrastructure. The presence of blockchain provider companies such as IBM and Microsoft is the main driving factor for the region.
Latin America faces the problem of food security. The players in this region decided to apply blockchain technology to solve this problem. IBM has joined with Walmart to use technology in the supply chain for food safety is expected to grow in future years. With the support of government across the Middle East and Africa region, banks and agriculture-based companies developing systems and blockchain startups are popping up with an innovative solution which is a positive effect in the region over years.
Key Industry Developments
In March 2018, Ambrosus collaborated with the Swiss Coffee Alliance (Switzerland) to develop a sustainable supply chain for coffee by helping them with their platform for tracing the entire journey of the coffee and its supply chain.
In May 2019, Microsoft introduced Azure blockchain services, a fully managed service that allows for the formation, management, and governance of the consortium blockchain network. It is integrated with the Azure activity directory and offers tools to add new members, set permissions, and monitor network health and activity.
Players Covered in Blockchain in Agriculture market are :
- IBM Corporation (US)
- TE-FOOD International GmbH (Europe)
- Microsoft (US)
- ACR-NET (Ireland)
- Ambrosus (Switzerland)
- Origin Trail (Slovenia)
- Provenance (UK)
- AgriDigital
- GrainChain
- CargoChain Ltd
- Farm2Kitchen
- Agri10X
- VeChain Foundation
- Skuchain
- FCE Group AG
- Bext360 And Others Major Players.
Global Blockchain in Agriculture Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 254.12 Mn. |
Forecast Period 2022-28 CAGR: |
45.1% |
Market Size in 2028: |
USD 3441.21 Mn. |
Segments Covered: |
By Type |
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By Provider |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Provider
3.3 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Blockchain in Agriculture Market by Type
5.1 Blockchain in Agriculture Market Overview Snapshot and Growth Engine
5.2 Blockchain in Agriculture Market Overview
5.3 Public
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Public: Grographic Segmentation
5.4 Private
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Private: Grographic Segmentation
Chapter 6: Blockchain in Agriculture Market by Provider
6.1 Blockchain in Agriculture Market Overview Snapshot and Growth Engine
6.2 Blockchain in Agriculture Market Overview
6.3 Application & Solution Provider
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Application & Solution Provider: Grographic Segmentation
6.4 Middleware Provider
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Middleware Provider: Grographic Segmentation
6.5 Infrastructure & Protocol Provider
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Infrastructure & Protocol Provider: Grographic Segmentation
Chapter 7: Blockchain in Agriculture Market by Application
7.1 Blockchain in Agriculture Market Overview Snapshot and Growth Engine
7.2 Blockchain in Agriculture Market Overview
7.3 Product Traceability Tracking & Visibility
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Product Traceability Tracking & Visibility: Grographic Segmentation
7.4 Payment & Settlement
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Payment & Settlement: Grographic Segmentation
7.5 Smart Contracts
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Smart Contracts: Grographic Segmentation
7.6 Risk & Compliance Management
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Risk & Compliance Management: Grographic Segmentation
7.7 Governance
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2016-2028F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Governance: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Blockchain in Agriculture Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Blockchain in Agriculture Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Blockchain in Agriculture Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 IBM CORPORATION
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 TE-FOOD INTERNATIONAL GMBH
8.4 MICROSOFT
8.5 ACR-NET
8.6 AMBROSUS
8.7 ORIGIN TRAIL
8.8 PROVENANCE
8.9 AGRIDIGITAL
8.10 GRAINCHAIN
8.11 CARGOCHAIN LTD
8.12 FARM2KITCHEN
8.13 AGRI10X
8.14 VECHAIN FOUNDATION
8.15 SKUCHAIN
8.16 FCE GROUP AG
8.17 BEXT360
8.18 OTHER MAJOR PLAYERS
Chapter 9: Global Blockchain in Agriculture Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Type
9.2.1 Public
9.2.2 Private
9.3 Historic and Forecasted Market Size By Provider
9.3.1 Application & Solution Provider
9.3.2 Middleware Provider
9.3.3 Infrastructure & Protocol Provider
9.4 Historic and Forecasted Market Size By Application
9.4.1 Product Traceability Tracking & Visibility
9.4.2 Payment & Settlement
9.4.3 Smart Contracts
9.4.4 Risk & Compliance Management
9.4.5 Governance
Chapter 10: North America Blockchain in Agriculture Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Public
10.4.2 Private
10.5 Historic and Forecasted Market Size By Provider
10.5.1 Application & Solution Provider
10.5.2 Middleware Provider
10.5.3 Infrastructure & Protocol Provider
10.6 Historic and Forecasted Market Size By Application
10.6.1 Product Traceability Tracking & Visibility
10.6.2 Payment & Settlement
10.6.3 Smart Contracts
10.6.4 Risk & Compliance Management
10.6.5 Governance
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Blockchain in Agriculture Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Public
11.4.2 Private
11.5 Historic and Forecasted Market Size By Provider
11.5.1 Application & Solution Provider
11.5.2 Middleware Provider
11.5.3 Infrastructure & Protocol Provider
11.6 Historic and Forecasted Market Size By Application
11.6.1 Product Traceability Tracking & Visibility
11.6.2 Payment & Settlement
11.6.3 Smart Contracts
11.6.4 Risk & Compliance Management
11.6.5 Governance
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Blockchain in Agriculture Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Public
12.4.2 Private
12.5 Historic and Forecasted Market Size By Provider
12.5.1 Application & Solution Provider
12.5.2 Middleware Provider
12.5.3 Infrastructure & Protocol Provider
12.6 Historic and Forecasted Market Size By Application
12.6.1 Product Traceability Tracking & Visibility
12.6.2 Payment & Settlement
12.6.3 Smart Contracts
12.6.4 Risk & Compliance Management
12.6.5 Governance
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Blockchain in Agriculture Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Public
13.4.2 Private
13.5 Historic and Forecasted Market Size By Provider
13.5.1 Application & Solution Provider
13.5.2 Middleware Provider
13.5.3 Infrastructure & Protocol Provider
13.6 Historic and Forecasted Market Size By Application
13.6.1 Product Traceability Tracking & Visibility
13.6.2 Payment & Settlement
13.6.3 Smart Contracts
13.6.4 Risk & Compliance Management
13.6.5 Governance
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Blockchain in Agriculture Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Public
14.4.2 Private
14.5 Historic and Forecasted Market Size By Provider
14.5.1 Application & Solution Provider
14.5.2 Middleware Provider
14.5.3 Infrastructure & Protocol Provider
14.6 Historic and Forecasted Market Size By Application
14.6.1 Product Traceability Tracking & Visibility
14.6.2 Payment & Settlement
14.6.3 Smart Contracts
14.6.4 Risk & Compliance Management
14.6.5 Governance
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Blockchain in Agriculture Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 254.12 Mn. |
Forecast Period 2022-28 CAGR: |
45.1% |
Market Size in 2028: |
USD 3441.21 Mn. |
Segments Covered: |
By Type |
|
|
By Provider |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BLOCKCHAIN IN AGRICULTURE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BLOCKCHAIN IN AGRICULTURE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BLOCKCHAIN IN AGRICULTURE MARKET COMPETITIVE RIVALRY
TABLE 005. BLOCKCHAIN IN AGRICULTURE MARKET THREAT OF NEW ENTRANTS
TABLE 006. BLOCKCHAIN IN AGRICULTURE MARKET THREAT OF SUBSTITUTES
TABLE 007. BLOCKCHAIN IN AGRICULTURE MARKET BY TYPE
TABLE 008. PUBLIC MARKET OVERVIEW (2016-2028)
TABLE 009. PRIVATE MARKET OVERVIEW (2016-2028)
TABLE 010. BLOCKCHAIN IN AGRICULTURE MARKET BY PROVIDER
TABLE 011. APPLICATION & SOLUTION PROVIDER MARKET OVERVIEW (2016-2028)
TABLE 012. MIDDLEWARE PROVIDER MARKET OVERVIEW (2016-2028)
TABLE 013. INFRASTRUCTURE & PROTOCOL PROVIDER MARKET OVERVIEW (2016-2028)
TABLE 014. BLOCKCHAIN IN AGRICULTURE MARKET BY APPLICATION
TABLE 015. PRODUCT TRACEABILITY TRACKING & VISIBILITY MARKET OVERVIEW (2016-2028)
TABLE 016. PAYMENT & SETTLEMENT MARKET OVERVIEW (2016-2028)
TABLE 017. SMART CONTRACTS MARKET OVERVIEW (2016-2028)
TABLE 018. RISK & COMPLIANCE MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 019. GOVERNANCE MARKET OVERVIEW (2016-2028)
TABLE 020. NORTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET, BY TYPE (2016-2028)
TABLE 021. NORTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET, BY PROVIDER (2016-2028)
TABLE 022. NORTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET, BY APPLICATION (2016-2028)
TABLE 023. N BLOCKCHAIN IN AGRICULTURE MARKET, BY COUNTRY (2016-2028)
TABLE 024. EUROPE BLOCKCHAIN IN AGRICULTURE MARKET, BY TYPE (2016-2028)
TABLE 025. EUROPE BLOCKCHAIN IN AGRICULTURE MARKET, BY PROVIDER (2016-2028)
TABLE 026. EUROPE BLOCKCHAIN IN AGRICULTURE MARKET, BY APPLICATION (2016-2028)
TABLE 027. BLOCKCHAIN IN AGRICULTURE MARKET, BY COUNTRY (2016-2028)
TABLE 028. ASIA PACIFIC BLOCKCHAIN IN AGRICULTURE MARKET, BY TYPE (2016-2028)
TABLE 029. ASIA PACIFIC BLOCKCHAIN IN AGRICULTURE MARKET, BY PROVIDER (2016-2028)
TABLE 030. ASIA PACIFIC BLOCKCHAIN IN AGRICULTURE MARKET, BY APPLICATION (2016-2028)
TABLE 031. BLOCKCHAIN IN AGRICULTURE MARKET, BY COUNTRY (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA BLOCKCHAIN IN AGRICULTURE MARKET, BY TYPE (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA BLOCKCHAIN IN AGRICULTURE MARKET, BY PROVIDER (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA BLOCKCHAIN IN AGRICULTURE MARKET, BY APPLICATION (2016-2028)
TABLE 035. BLOCKCHAIN IN AGRICULTURE MARKET, BY COUNTRY (2016-2028)
TABLE 036. SOUTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET, BY TYPE (2016-2028)
TABLE 037. SOUTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET, BY PROVIDER (2016-2028)
TABLE 038. SOUTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET, BY APPLICATION (2016-2028)
TABLE 039. BLOCKCHAIN IN AGRICULTURE MARKET, BY COUNTRY (2016-2028)
TABLE 040. IBM CORPORATION: SNAPSHOT
TABLE 041. IBM CORPORATION: BUSINESS PERFORMANCE
TABLE 042. IBM CORPORATION: PRODUCT PORTFOLIO
TABLE 043. IBM CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. TE-FOOD INTERNATIONAL GMBH: SNAPSHOT
TABLE 044. TE-FOOD INTERNATIONAL GMBH: BUSINESS PERFORMANCE
TABLE 045. TE-FOOD INTERNATIONAL GMBH: PRODUCT PORTFOLIO
TABLE 046. TE-FOOD INTERNATIONAL GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. MICROSOFT: SNAPSHOT
TABLE 047. MICROSOFT: BUSINESS PERFORMANCE
TABLE 048. MICROSOFT: PRODUCT PORTFOLIO
TABLE 049. MICROSOFT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. ACR-NET: SNAPSHOT
TABLE 050. ACR-NET: BUSINESS PERFORMANCE
TABLE 051. ACR-NET: PRODUCT PORTFOLIO
TABLE 052. ACR-NET: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. AMBROSUS: SNAPSHOT
TABLE 053. AMBROSUS: BUSINESS PERFORMANCE
TABLE 054. AMBROSUS: PRODUCT PORTFOLIO
TABLE 055. AMBROSUS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. ORIGIN TRAIL: SNAPSHOT
TABLE 056. ORIGIN TRAIL: BUSINESS PERFORMANCE
TABLE 057. ORIGIN TRAIL: PRODUCT PORTFOLIO
TABLE 058. ORIGIN TRAIL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. PROVENANCE: SNAPSHOT
TABLE 059. PROVENANCE: BUSINESS PERFORMANCE
TABLE 060. PROVENANCE: PRODUCT PORTFOLIO
TABLE 061. PROVENANCE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. AGRIDIGITAL: SNAPSHOT
TABLE 062. AGRIDIGITAL: BUSINESS PERFORMANCE
TABLE 063. AGRIDIGITAL: PRODUCT PORTFOLIO
TABLE 064. AGRIDIGITAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. GRAINCHAIN: SNAPSHOT
TABLE 065. GRAINCHAIN: BUSINESS PERFORMANCE
TABLE 066. GRAINCHAIN: PRODUCT PORTFOLIO
TABLE 067. GRAINCHAIN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. CARGOCHAIN LTD: SNAPSHOT
TABLE 068. CARGOCHAIN LTD: BUSINESS PERFORMANCE
TABLE 069. CARGOCHAIN LTD: PRODUCT PORTFOLIO
TABLE 070. CARGOCHAIN LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. FARM2KITCHEN: SNAPSHOT
TABLE 071. FARM2KITCHEN: BUSINESS PERFORMANCE
TABLE 072. FARM2KITCHEN: PRODUCT PORTFOLIO
TABLE 073. FARM2KITCHEN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. AGRI10X: SNAPSHOT
TABLE 074. AGRI10X: BUSINESS PERFORMANCE
TABLE 075. AGRI10X: PRODUCT PORTFOLIO
TABLE 076. AGRI10X: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. VECHAIN FOUNDATION: SNAPSHOT
TABLE 077. VECHAIN FOUNDATION: BUSINESS PERFORMANCE
TABLE 078. VECHAIN FOUNDATION: PRODUCT PORTFOLIO
TABLE 079. VECHAIN FOUNDATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. SKUCHAIN: SNAPSHOT
TABLE 080. SKUCHAIN: BUSINESS PERFORMANCE
TABLE 081. SKUCHAIN: PRODUCT PORTFOLIO
TABLE 082. SKUCHAIN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. FCE GROUP AG: SNAPSHOT
TABLE 083. FCE GROUP AG: BUSINESS PERFORMANCE
TABLE 084. FCE GROUP AG: PRODUCT PORTFOLIO
TABLE 085. FCE GROUP AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. BEXT360: SNAPSHOT
TABLE 086. BEXT360: BUSINESS PERFORMANCE
TABLE 087. BEXT360: PRODUCT PORTFOLIO
TABLE 088. BEXT360: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 089. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 090. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 091. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY TYPE
FIGURE 012. PUBLIC MARKET OVERVIEW (2016-2028)
FIGURE 013. PRIVATE MARKET OVERVIEW (2016-2028)
FIGURE 014. BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY PROVIDER
FIGURE 015. APPLICATION & SOLUTION PROVIDER MARKET OVERVIEW (2016-2028)
FIGURE 016. MIDDLEWARE PROVIDER MARKET OVERVIEW (2016-2028)
FIGURE 017. INFRASTRUCTURE & PROTOCOL PROVIDER MARKET OVERVIEW (2016-2028)
FIGURE 018. BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY APPLICATION
FIGURE 019. PRODUCT TRACEABILITY TRACKING & VISIBILITY MARKET OVERVIEW (2016-2028)
FIGURE 020. PAYMENT & SETTLEMENT MARKET OVERVIEW (2016-2028)
FIGURE 021. SMART CONTRACTS MARKET OVERVIEW (2016-2028)
FIGURE 022. RISK & COMPLIANCE MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 023. GOVERNANCE MARKET OVERVIEW (2016-2028)
FIGURE 024. NORTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. EUROPE BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. ASIA PACIFIC BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. MIDDLE EAST & AFRICA BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. SOUTH AMERICA BLOCKCHAIN IN AGRICULTURE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Blockchain in Agriculture Market research report is 2022-2028.
IBM Corporation, AgriDigital, Microsoft, VeChain Foundation, Ambrosus, Origin Trail, and Other Major Players
The Blockchain in Agriculture Market is segmented into Type, Provider, and Region. By Type, the market is categorized into Public and Private. By Provider, the market is categorized into Application & Solution Provider, Middleware Provider, and Infrastructure & Protocol Provider. By Application the market is categorized into Product Traceability Tracking & Visibility, Payment & Settlement, Smart Contracts, Risk & Compliance Management, and Governance. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A blockchain is a digital transaction ledger, prolonged by a network of multiple computing machines that are not depending on a trusted third party. Individual transaction data files (block) are managed through specific software platforms that allow the data to be transmitted, processed, stored, and represented in a human-readable form.
Global Blockchain in Agriculture market was estimated at USD 254.12 million in 2021, and is anticipated to reach USD 3441.21 million by 2028, growing at a CAGR of 45.1%.