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Blockchain in Agriculture & Food Supply Chain Market worth $638.88 million by 2030, growing at a CAGR of 20.74% - Exclusive Report by 360iResearch
Blockchain in Agriculture & Food Supply Chain Market | 360iResearch
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The integration of blockchain technology into the agriculture and food supply chain encompasses utilizing decentralized ledgers to enhance transparency, traceability, and efficiency across various stages, including farming, processing, packaging, distribution, and retail. Blockchain serves as a secure, transparent, and immutable ledger, facilitating real-time access to supply chain data, improving food safety, reducing fraud, and optimizing operations. Key drivers of growth include increasing consumer demand for transparency, regulatory pressure, technological advancements, and industry collaboration. Investment in AgTech and blockchain startups further propels innovation and adoption. Applications range from smart contracts and supply chain optimization to food safety management and secure financial transactions. Nevertheless, challenges persist, such as high implementation costs, technical complexity, lack of standardization, scalability issues, and varying international regulations. Opportunities exist in partnering with large retailers, expanding into emerging markets, integrating blockchain with data analytics and AI, and promoting sustainability initiatives. Innovation areas include developing interoperability standards, researching scalable solutions, IoT integration, advancing smart contracts, and decentralized identity management. The dynamic and evolving market is characterized by collaboration among tech firms, agricultural producers, and regulatory bodies, with anticipated increases in standardized solutions leading to a more integrated and transparent global food supply chain. Blockchain technology has the potential to revolutionize this sector by providing unprecedented levels of transparency, efficiency, and trust, yet strategic partnerships, continued innovation, and targeted research are crucial to overcome initial adoption hurdles related to cost, complexity, and standardization.
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Market Segmentation & Coverage:
This research report categorizes the Blockchain in Agriculture & Food Supply Chain Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Hybrid or Consortium, Private, and Public.
Based on Stakeholders, market is studied across Food Manufacturers or Processors, Growers, and Retailers.
Based on Organization Size, market is studied across Large Enterprises and Small & Medium-Sized Enterprises.
Based on Providers, market is studied across Application & Solution Provider, Infrastructure & Protocol Provider, and Middleware Provider.
Based on Application, market is studied across Governance, Risk, & Compliance Management, Payment & Settlement, Product Traceability, Tracking, & Visibility, and Smart Contract.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Blockchain in Agriculture & Food Supply Chain Market, highlighting leading vendors and their innovative profiles. These include AgriChain Pty Ltd, AgriDigital, Ambrosus, Bext Holdings Inc., Chainvine Limited, Connecting Food, GrainChain, Inc., International Business Machines Corporation, Microsoft Corporation, Modum.Io AG, Optel Group, OriginTrail, d.o.o., Provenance Ltd, Ripe.io, SAP SE, ScienceSoft USA Corporation, and TE-FOOD International GmbH.
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We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Blockchain in Agriculture & Food Supply Chain Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Blockchain in Agriculture & Food Supply Chain Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Blockchain in Agriculture & Food Supply Chain Market, by Type
7. Blockchain in Agriculture & Food Supply Chain Market, by Stakeholders
8. Blockchain in Agriculture & Food Supply Chain Market, by Organization Size
9. Blockchain in Agriculture & Food Supply Chain Market, by Providers
10. Blockchain in Agriculture & Food Supply Chain Market, by Application
11. Americas Blockchain in Agriculture & Food Supply Chain Market
12. Asia-Pacific Blockchain in Agriculture & Food Supply Chain Market
13. Europe, Middle East & Africa Blockchain in Agriculture & Food Supply Chain Market
14. Competitive Landscape
15. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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