Blockchain In Agriculture And Food Supply Chain Market SWOT Analysis by Leading Key Players | IBM, Ambrosus, SAP SE

The latest study released on the Global Blockchain In Agriculture And Food Supply Chain Market by HTF MI evaluates market size, trend, and forecast to 2029.
The Blockchain In Agriculture And Food Supply Chain market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include: IBM (United States), TE-FOOD International GmbH (Europe), Microsoft (United States), ACR-NET (Ireland), Ambrosus (Switzerland), SAP SE (Germany), Chainvine (United Kingdom), Ripe.io (United States), AgriDigital (Australia), OriginTrail (Slovenia)

According to HTF Market Intelligence, the global Blockchain In Agriculture And Food Supply Chain market is valued at USD Million) in 2023 and estimated to reach a revenue of USD Million) by 2030, with a CAGR of 41.14% from 2023 to 2030.

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Definition:

Blockchain in agriculture and the food supply chain refers to the application of blockchain technology to enhance transparency, traceability, and efficiency in the various processes involved in producing, processing, and distributing food. Blockchain is a decentralized and distributed ledger technology that allows multiple parties to have a secure and transparent record of transactions.
In the context of agriculture and the food supply chain, blockchain can be used to create an immutable and decentralized record of every step in the production and distribution process. This includes information about the origin of raw materials, farming practices, processing methods, transportation details, and storage conditions. By recording this data on a blockchain, participants along the supply chain can have real-time access to a tamper-resistant and transparent ledger.

Market Trends:

Growing consumer interest in the origin and quality of food products was driving the demand for more transparent supply chains.
Blockchain allows consumers to access detailed information about the journey of their food products, fostering trust and confidence in the food industry.

Market Drivers:

Traditional supply chain processes can be complex and prone to inefficiencies, delays, and errors.
Blockchain technology, by providing a decentralized and streamlined system, has the potential to reduce paperwork, eliminate intermediaries, and automate certain processes through smart contracts.
This can lead to a more efficient and cost-effective supply chain.

Market Opportunities:

Blockchain's ability to provide a transparent and immutable ledger facilitates quick and accurate traceability in the event of a food safety issue. This can lead to faster recalls, reducing the impact on public health and minimizing financial losses for businesses.

Key Development Activities :

On 12 June 2020, IBM and the Norwegian Seafood Association announced a new cross-industry collaboration to use blockchain technology and share supply chain data throughout Norway's seafood industry to provide safer, better seafood to consumers worldwide.
This blockchain technology would aid in the production of high-quality, fully traceable goods.
Policy development and regulation of blockchain practices are both necessary and significant barriers to their widespread adoption.

Target Audience:

New Entrants/Investors
Analysts and Strategic Business Planners
New Entrants and Investors
Blockchain in Agriculture and Food Supply Chain Suppliers
Government Bodies
End-Users
Others

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The Global Blockchain In Agriculture And Food Supply Chain Market segments and Market Data Break Down are illuminated below:

Global Blockchain In Agriculture And Food Supply Chain Market Breakdown by Application (Product traceability, tracking, and visibility, Payment and settlement, Smart contract, Governance, risk, and compliance management)

by Type (Public, Private, Hybrid/Consortium) by Organization Size (Small and medium-sized enterprises, Large enterprises) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

Global Blockchain In Agriculture And Food Supply Chain market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Objectives of the Report:

• -To carefully analyze and forecast the size of the Blockchain In Agriculture And Food Supply Chain market by value and volume.
• -To estimate the market shares of major segments of the Blockchain In Agriculture And Food Supply Chain
• -To showcase the development of the Blockchain In Agriculture And Food Supply Chain market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Blockchain In Agriculture And Food Supply Chain market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Blockchain In Agriculture And Food Supply Chain
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Blockchain In Agriculture And Food Supply Chain market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Major highlights from Table of Contents:

Blockchain In Agriculture And Food Supply Chain Market Study Coverage:

• It includes major manufacturers, emerging player's growth story, and major business segments of Blockchain In Agriculture And Food Supply Chain market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

• Blockchain In Agriculture And Food Supply Chain Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

• Blockchain In Agriculture And Food Supply Chain Market Production by Region Blockchain In Agriculture And Food Supply Chain Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Blockchain In Agriculture And Food Supply Chain Market Report:

• Blockchain In Agriculture And Food Supply Chain Overview, Definition and Classification Market drivers and barriers
• Blockchain In Agriculture And Food Supply Chain Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Blockchain In Agriculture And Food Supply Chain Market
• Blockchain In Agriculture And Food Supply Chain Capacity, Production, Revenue (Value) by Region (2023-2030)
• Blockchain In Agriculture And Food Supply Chain Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Blockchain In Agriculture And Food Supply Chain Production, Revenue (Value), Price Trend by Type {Public, Private, Hybrid/Consortium}
• Blockchain In Agriculture And Food Supply Chain Manufacturers Profiles/Analysis Blockchain In Agriculture And Food Supply Chain Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
How feasible is Blockchain In Agriculture And Food Supply Chain market for long-term investment?

What are influencing factors driving the demand for Blockchain In Agriculture And Food Supply Chain near future?

What is the impact analysis of various factors in the Global Blockchain In Agriculture And Food Supply Chain market growth?

What are the recent trends in the regional market and how successful they are?
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