Blockchain In Agriculture & Food Supply Chain Management Market
Global Blockchain In Agriculture & Food Supply Chain Management Market Size, Share & Trends Analysis Report by Type (Public, Private, and Hybrid), by Providers (Application Providers, Middleware Providers, and Infrastructure Providers), by Stakeholders (Growers, Food Manufacturers/Processors, and Retailers), and by Application (Product Traceability, Tracking, & Visibility, Payment & Settlement, Smart contract, and Governance, Risk, & Compliance Management) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global blockchain in agriculture & food supply chain management market is anticipated to grow at a significant CAGR of 48.1 % during the forecast period. The growing concerns among consumers for transparency in the supply chain are expected to grow the market during the forecast period. Increasing transparency is an effective way of demonstrating sustainability efforts and openness to stakeholders. Many companies have used transparency to achieve customer trust and satisfaction.
Blockchain also helps to minimize physical and financial losses in the agricultural sector caused by human errors. By adopting blockchain technology tasks, the task can be automated and minimize the amount of resource that is wasted or misused.
Impact of COVID-19 Pandemic on Global Blockchain In Agriculture & Food Supply Chain Management Market
The COVID-19 pandemic introduced unexpected stresses on food systems, creating many immediate challenges which have negatively impacted the market growth. COVID-19 imposed shocks on all segments of food supply chains, simultaneously affecting farm production, food processing, transport and logistics, and final demand. Not all sectors and products have been equally affected, and different products have experienced disruptions at different stages of the supply chain. Moreover, Bottlenecks in transport and logistics have disrupted the movement of food products along supply chains which had negatively impacted the market.
Segmental Outlook
The global Blockchain in Agriculture & Food Supply Chain Management market is segmented based on the type, providers, stakeholders, and application. Based on the type, the market is segmented into public, private, and hybrid. Based on the providers, the market is sub-segmented into application providers, middleware applications, and infrastructure providers. Based on the stakeholders, the market is augmented into growers, food manufacturers/processors, and retailers. Based on the application, the market is further sub-segmented into product traceability, tracking & visibility, payment & settlement, smart contract, and governance, risk, and compliance management. The above-mentioned segments can be customized as per the requirements. Based on the providers, the application providers are expected to hold a considerable share in the market over the forecast period. The application providers are focusing on providing innovative based solutions in agriculture and food supply chain management.
Global Blockchain In Agriculture & Food Supply Chain Management Market Share by Application, 2021 (%)
The Product Traceability, Tracking, and Visibility Segment are Expected to Hold a Significant Share in the Market
Among the application segment, the product traceability, tracking, and visibility segment are expected to hold a significant share in the market over the forecast period. Companies across the globe are investing in a blockchain to gain visibility into their multi-tier supply chains. The companies are to share more information with their customers, partners, and stakeholders, which helps to provide transparency to consumers and others to trace the food journey.
Regional Outlooks
The global blockchain in the agriculture & food supply chain management market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia-Pacific region is expected to hold a remarkable share in the market during the forecast period. The growing SMEs in emerging countries such as India and China are expected to grow the blockchain in the agriculture and food supply chain management market over the forecast period.
Global Blockchain In Agriculture & Food Supply Chain Management Market Growth, by Region 2022-2028
The North America Region is Expected to Hold a Considerable Share in the Market
Among all regions, the North American region is expected to hold a considerable share in the market during the forecast period. The market players present in the region are aggressively viewing new food markets with large numbers of potential consumers. With the availability of well-developed infrastructure, companies use the latest technologies in transportation management systems, warehouse management systems (WMSs), and logistics scrutiny systems for better food supply chain services which further supports the market growth.
Market Players Outlook
The major companies serving the global Blockchain in Agriculture & Food Supply Chain Management market include Ambrosus, Bext360, CargoChain, Chainvine Ltd., Coin22, eHarvestHub Inc., FCE Group AG, GrainChain, Inc., IBM Corp., Microsoft Corp., modum.io AG, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2020, Walmart strives for food quality and safety using blockchain technology solutions. The company has constantly developed and innovated its supply chain, enabling workflow optimization. This has helped them reduce prices, cut costs and attract more customers. These factors have undoubtedly contributed to Walmart’s success. Walmart still does everything to maintain its status as a market leader and tries to respond to challenges on time.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global blockchain in agriculture & food supply chain management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Blockchain in Agriculture and Food Supply Chain Market
• Recovery Scenario of Global Blockchain in Agriculture and Food Supply Chain Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Blockchain In Agriculture And Food Supply Chain Market by Type
4.1.1. Public
4.1.2. Private
4.1.3. Hybrid
4.2. Global Blockchain In Agriculture And Food Supply Chain Market by Providers
4.2.1. Application Providers
4.2.2. Middleware Providers
4.2.3. Infrastructure Providers
4.3. Global Blockchain In Agriculture And Food Supply Chain Market by Stakeholders
4.3.1. Growers
4.3.2. Food Manufacturers/Processors
4.3.3. Retailers
4.4. Global Blockchain In Agriculture And Food Supply Chain Market by Application
4.4.1. Product Traceability, Tracking, And Visibility
4.4.2. Payment and Settlement
4.4.3. Smart Contract
4.4.4. Governance, Risk, and Compliance Management
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ABACO Spa
6.2. Agri10X
6.3. AgriChain Pty Ltd.
6.4. AgriDigital
6.5. Ambrosus
6.6. Bext360
6.7. CargoChain
6.8. Chainvine Ltd.
6.9. Coin22
6.10. eHarvestHub Inc.
6.11. FCE Group AG
6.12. GrainChain, Inc.
6.13. IBM Corp.
6.14. Microsoft Corp.
6.15. modum.io AG
6.16. OriginTrail
6.17. Project Provenance Ltd.
6.18. Ripe.io
6.19. SAP SE
6.20. Skuchain
6.21. TE-FOOD International GmbH
6.22. VeChain Foundation
1. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL PUBLIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PRIVATE BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL HYBRID BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY PROVIDERS, 2021-2028 ($ MILLION)
6. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN BY APPLICATION PROVIDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN BY MIDDLEWARE PROVIDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN BY INFRASTRUCTURE PROVIDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY STAKEHOLDERS, 2021-2028 ($ MILLION)
10. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR GROWERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR FOOD MANUFACTURERS/PROCESSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR RETAILERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
14. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR PRODUCT TRACEABILITY, TRACKING, AND VISIBILITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR PAYMENT AND SETTLEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR SMART CONTRACT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR GOVERNANCE, RISK, AND COMPILANCE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. NORTH AMERICAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY PROVIDERS, 2021-2028 ($ MILLION)
22. NORTH AMERICAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY STAKEHOLDERS, 2021-2028 ($ MILLION)
23. NORTH AMERICAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. EUROPEAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. EUROPEAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
26. EUROPEAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY PROVIDERS, 2021-2028 ($ MILLION)
27. EUROPEAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY STAKEHOLDERS, 2021-2028 ($ MILLION)
28. EUROPEAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY PROVIDERS, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY STAKEHOLDERS, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
34. REST OF THE WORLD BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
35. REST OF THE WORLD BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY PROVIDERS, 2021-2028 ($ MILLION)
37. REST OF THE WORLD BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY STAKEHOLDERS, 2021-2028 ($ MILLION)
38. REST OF THE WORLD BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET, 2022-2028 (%)
4. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL PUBLIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL PRIVATE BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL HYBRID BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY PROVIDERS, 2021 VS 2028 (%)
9. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN BY APPLICATION PROVIDERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN BY MIDDLEWARE PROVIDERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN BY INFRASTRUCTURE PROVIDERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY STAKEHOLDERS, 2021 VS 2028 (%)
13. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR GROWERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR FOOD MANUFACTURERS/PROVIDERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR RETAILERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
17. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR PRODUCT TRACEABILITY, TRACKING, AND VISIBILITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR PAYMENT AND SETTLEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR SMART CONTRACT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN FOR GOVERNANCE, RISK, AND COMPLIANCE MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. US BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
23. CANADA BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
24. UK BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
25. FRANCE BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
26. GERMANY BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
27. ITALY BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
28. SPAIN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF EUROPE BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
30. INDIA BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
31. CHINA BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
32. JAPAN BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
33. SOUTH KOREA BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF ASIA-PACIFIC BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET SIZE, 2021-2028 ($ MILLION)
