Blockchain in Agriculture Market 2020 Competitive Insights, Trends and Demand Growth to 2026

Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Blockchain in Agriculture Market by By Stakeholder (Growers; Food Manufacturers/Processors; Retailers); Provider (Application & Solution Provider; Middleware Provider; Infrastructure & Protocol Provider); Application (Product Traceability, Tracking & Visibility; Payment & Settlement; Smart Contracts; Governance, Risk & Compliance Management); Organization Size (Large Enterprises; SMEs) Analysis and Forecast, 2020 – 2026”. Global Blockchain in Agriculture Market is expected to grow with a significant CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the benefits and features provided with the implementation of blockchain in various end-use markets.

Blockchain is a technological database, where all of the transactions are recorded and connected with the help of cryptography, and every single recorded transaction is interlinked with the previous one. This database’s implementation in the agricultural market is expected to induce the transparency between the farmers and the users of these farm products, whether they are manufacturers or end-users.

Few of the leading organizations’ names are listed here- IBM Corporation; Microsoft; SAP SE; Ambrosus; arc-net; OriginTrail; HARA; Ripe Technology, INC; VeChain Foundation; Eka Software Solutions Pvt Ltd; Project Provenance Ltd.;; and Full Profile.

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Market Drivers:

Increasing concerns regarding the wastage of food grains and agricultural resources requiring transparency in supply chain; this factor is expected to drive the market growth
Increasing cases of food contamination and food scams in the agricultural sector giving rise to growth of transparent supply chain methods; this factor is expected to act as a driver for the market growth

Market Restraints:

Lack of infrastructural services and capabilities of the developing regions is expected to restrain the market growth
Threats related to hacking and piracy of information available on blockchain platforms is expected to restrain the market growth

Methodologies utilized to evaluate the market-:

In March 2019, Eka Software Solutions Pvt Ltd announced that, they had launched a new blockchain platform for coffee farmers situated in the Indian region. This platform launch will enable a number of users and farmers in avoiding the waste and provide a focused area for the sale of their commodities

In January 2019, HARA announced that, they had collaborated with SingularityNET at the World Web Forum held in Zurich, Switzerland from January 17-18, 2019. This collaboration will help farmer in delivering AI-based information on crop, soils, on the blockchain platform provided by HARA 

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The Promising Regions & Countries Mentioned In Blockchain in Agriculture Market Report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps gain better idea about the spread of this particular market in respective regions.

In this study, the years considered to estimate the market size of Blockchain in Agriculture are as follows:

History Year: 2014-2018

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

Crucial Market Segment details-:

By Stakeholder
Growers
Food Manufacturers/Processors
Retailers
By Provider
Application & Solution Provider
Middleware Provider
Infrastructure & Protocol Provider
By Application
Product Traceability, Tracking & Visibility
Payment & Settlement
Smart Contracts
Governance, Risk & Compliance Management
By Organization Size
Large Enterprises
Small & Medium-Sized Enterprises (SMEs)

Research strategies and tools used-:

Global blockchain in agriculture market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of blockchain in agriculture market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Table of Contents

1 Blockchain in Agriculture Market Overview

2 Manufacturers Profiles

3 Global Blockchain in Agriculture Market Competitions, by Players

3.1 Global Blockchain in Agriculture Revenue and Share by Players

3.2 Market Concentration Rate

3.2.1 Top 5 Blockchain in Agriculture Players Market Share

3.2.2 Top 10 Blockchain in Agriculture Players Market Share

3.3 Market Competition Trend

4 Global Blockchain in Agriculture Market Size by Regions

5 North America Blockchain in Agriculture Revenue by Countries

6 Europe Blockchain in Agriculture Revenue by Countries

7 Asia-Pacific Blockchain in Agriculture Revenue by Countries

8 South America Blockchain in Agriculture Revenue by Countries

9 Middle East and Africa Revenue Blockchain in Agriculture by Countries

10 Global Blockchain in Agriculture Market Segment by Type

11 Global Blockchain in Agriculture Market Segment by Application

12 Global Blockchain in Agriculture Market Size Forecast (2019-2026)

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Conclusion:  

This Blockchain in Agriculture research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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