Blockchain in Agriculture Market: By End User, Commercial, Outdoor, Regional Analysis and Forecast 2023-2029
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.
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The report provides comprehensive details about demand forecasts, market trends, and both micro and macro indicators. The Blockchain in Agriculture Market report also gives information about the factors that are making this market grow and the objects that are holding it back. Using tools like Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Blockchain in Agriculture Market, the report provides details about the market. The research also depicts current market trends and gives forecasts for 2022–2028. We’ve also highlighted future developments in the market that will affect the demand during the period of the forecast. Also, the competitive analysis for each regional market indicates how much of the market the top players have.
Segmentation of Blockchain in Agriculture Market: –
- Application & Solution Provider
- Middleware Provider
- Infrastructure & Protocol Provider
- Product Traceability, Tracking & Visibility
- Payment & Settlement
- Smart Contracts
- Risk & Compliance Management
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Leading Key Players Covered Blockchain in Agriculture Market: –
- IBM Corporation (US)
- TE-FOOD International GmbH (Europe)
- Microsoft (US)
- ACR-NET (Ireland)
- Ambrosus (Switzerland)
- Origin Trail (Slovenia)
- Provenance (UK)
- CargoChain Ltd
- VeChain Foundation
- FCE Group AG
- Bext360 And Others Major Players.
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Market Analysis and Insights: Global Blockchain in Agriculture Market
The market for Blockchain in Agriculture is divided into regions, countries, companies, types, applications, and sales channels. Players, stakeholders, and other market participants in the global Blockchain in Agriculture Market will get an advantage by utilising the study as a valuable resource. For the years 2022-2028, the segmentation study focuses on sales, revenue, and forecasts by region, nation, firm, type, application, and sales channels.
Table of content
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Blockchain in Agriculture Market by Deployment
Chapter 6: Blockchain in Agriculture Market by Applications
Chapter 7: Blockchain in Agriculture Market by End-Use Industry
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Blockchain in Agriculture Market Analysis, Insights and Forecast, 2016-2028
To be continue…
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