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Global Blockchain in Agriculture Market is Expected to Grow at a CAGR of 45.1% During the Forecast Period 2023to 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%

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Blockchain in Agriculture

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.

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Market Overview & Coverage:

The latest research on the Blockchain in Agriculture market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Blockchain in Agriculture industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Blockchain in Agriculture market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading companies reviewed in the Blockchain in Agriculture Market report are:

IBM Corporation (US),TE-FOOD International GmbH (Europe),Microsoft (US),ACR-NET (Ireland),Ambrosus (Switzerland),Origin Trail (Slovenia),Provenance (UK),AgriDigital,GrainChain,CargoChainLtd,Farm2Kitchen,Agri10X,VeChain Foundation,Skuchain,FCE Group AG,Bext360 And Others Major Players.

Are Concerned about the possibility of an economic recession and unsure how to adapt to the current social and economic climate? Considering the current economic situation, it is crucial to conduct market research to evaluate the forthcoming opportunities and threats. Introspective Market Research is here to assist you in overcoming these threats and seizing the opportunities that will soon become available. Do not be concerned about the market study and analysis; we will assist you by providing the most up-to-date market research reports at the most affordable prices.

 

The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis
  • Investment Analysis
  • Company Profiling and Competitive Positioning
  • Industry Value Chain Analysis
  • Market Dynamics and Factors
  • Porter’s Five Forces Analysis
  • Pestle Analysis
  • SWOT Analysis

 

Segmentation of Blockchain in Agriculture market:

In market segmentation by Type, Blockchain in Agriculture Market report covers:

Public,Private

In market segmentation by Applications, Blockchain in Agriculture Market report covers:

Product Traceability, Tracking & Visibility,Payment & Settlement,Smart Contracts,Risk & Compliance Management,Governance

Report Coverage:

Attribute                 Report Details
Market Size Ask For Market Size
Growth Rate Ask For Growth Rate
Key Companies Ask For Companies
Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more…
Historical Data Period 2016-2020
Base Year 2021
Forecast Period 2022-2028
Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc. Saudi Arabia, UAE, Egypt, Nigeria and South Africa

 

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Read More PR:

 

 

About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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