The Blockchain in Agriculture and Food Supply Chain Market is Valued USD 0.089654947 Billion in 2024 and projected to reach USD 3.1 Billion by 2032, growing at a CAGR of 48.1% During the Forecast period of 2024-2032.
The Blockchain in Agriculture and Food Supply Chain Market is witnessing rapid expansion as stakeholders seek transparency, traceability, and efficiency in food production and distribution. Blockchain technology enables real-time tracking of agricultural products from farm to table, ensuring authenticity and reducing fraud, contamination, and inefficiencies. By integrating smart contracts, farmers, distributors, and retailers can automate transactions, reducing paperwork and middlemen costs while ensuring secure, tamper-proof records. With increasing consumer demand for ethically sourced and safe food, blockchain adoption in the agricultural sector is expected to surge, fostering trust between producers and consumers.
Moreover, governments and food safety organizations are promoting blockchain-based solutions to enhance food security and sustainability. The technology aids in regulatory compliance by providing verifiable data on pesticide use, organic certifications, and carbon footprints. Startups and major agritech firms are leveraging blockchain to optimize supply chains, reduce food wastage, and improve logistics. With the rise of decentralized finance (DeFi), blockchain is also enabling innovative financial solutions such as microloans for small farmers and fair trade settlements. As blockchain adoption grows, it is poised to revolutionize the global agriculture and food supply chain ecosystem, ensuring efficiency, sustainability, and consumer confidence..
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Covid 19 impact analysis:
The study on the Global Blockchain in Agriculture and Food Supply Chain Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Blockchain in Agriculture and Food Supply Chain market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Blockchain in Agriculture and Food Supply Chain industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Blockchain in Agriculture and Food Supply Chain industry.
Major companies profiled in the market report include
IBM, TE-FOOD International GmbH, Microsoft, ACR-NET, Ambrosus, SAP SE, Chainvine, Ripe.io, AgriDigital, OriginTrail, Provenance, Modum.Io Ag, Viveat, Eharvesthub Inc., Grainchain, Cargochain, Farm2kitchen Foods Pvt. Ltd., Genuino and others.
Research objectives:
The report studies the historical data of the Blockchain in Agriculture and Food Supply Chain market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Blockchain in Agriculture and Food Supply Chain industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Blockchain in Agriculture and Food Supply Chain market.
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It has segmented the global Blockchain in Agriculture and Food Supply Chain market
By Type
- Public
- Private
- Hybrid/Consortium
By Stakeholders
- Growers
- Food manufacturers/processors
- Retailers
By Providers
- Application Providers
- Middleware Providers
- Infrastructure Providers
Key Objectives of the Global Blockchain in Agriculture and Food Supply Chain Market Report:
- Analysis and estimation of the Blockchain in Agriculture and Food Supply Chain market size and share for the projected period of 2024-2032
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Blockchain in Agriculture and Food Supply Chain market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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