Blockchain in Agriculture Market Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2028

Blockchain in Agriculture Market Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2028

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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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Global Blockchain in Agriculture market included in this report are analysis of the impact of COVID-19 outbreak on the points influencing the market growth. Additionally, the Blockchain in Agriculture market by major key players, by type, by application and by major region, breaks down the outlook, business assessment, competitive scenario, trends and forecasts by upcoming years. The study of the Report is conducted on the basis of an important research methodology which provides an analytical examination of the global market on the basis of the various segments which have been marginalized by the industry as a summary and pre-scale of the market due to their different prospects

Key Prominent Players In The Blockchain in Agriculture Market:

·         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.

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Market segmentation

Blockchain in Agriculture Market Segment by Types, Provider, Application, and Forecast by 2028

By Type

·         Public

·         Private

By Provider

·         Application & Solution Provider

·         Middleware Provider

·         Infrastructure & Protocol Provider

By Application

·         Product Traceability, Tracking & Visibility

·         Payment & Settlement

·         Smart Contracts

·         Risk & Compliance Management

·         Governance

By Region

·         APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)

·         Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)

·         North America (U.S., Canada, and Mexico)

·         South America (Brazil, Chile, Argentina, Rest of South America)

·         MEA (Saudi Arabia, UAE, South Africa)

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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.

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Industry experts have identified key factors influencing the pace of development of the Blockchain in Agriculture industry, including various opportunities and gaps. A thorough analysis of the Blockchain in Agriculture market for the growth trends of each category makes the overall study interesting. When studying the market, researchers also dig deep into their future prospects and their contribution to the industry. Additionally, the research report evaluated the market key players and features, such as capacity utilization rate comprised of revenue.

Key Reasons To Invest In Blockchain in Agriculture Market Report:

·         To provide a complete structure and a basic overview of the Blockchain in Agriculture industry market.

·         To provide insights into important Blockchain in Agriculture aspects such as growth trajectory, CAGR value, market share, and revenue analysis.

·         Assess growth opportunities, threats, market drivers, and associated risks.

·         To understand the global Blockchain in Agriculture market competition by analysing the top business people along with market profiles, import/export details, revenue, profit, and market shares.

·         Indicate pricing structure, import/export details, supply chain analysis, SWOT analysis to facilitate key decision-making process.

·         Analysing emerging Blockchain in Agriculture market segments and sub-segments to drive ultimate growth, investment analysis, and future growth opportunities.

·         Understand sources of knowledge, intended research methodology, and important conclusions.

Table of Content:

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: Geographic 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: Geographic Segmentation

To Be continued.

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