Press release
Agrifood Blockchain Market Booming Worldwide With Leading - IBM, Microsoft, SAP SE, Arc-net, AgriDigital
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The Agrifood Blockchain market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Agrifood blockchain uses blockchain technology to improve transparency and traceability in the agricultural and food supply chains. It involves recording every transaction and movement of food products on a secure, immutable ledger. This technology helps ensure the authenticity and safety of food, reduce fraud, and enhance efficiency by providing real-time tracking and verification from farm to table. It also fosters better coordination among stakeholders and builds consumer trust in the food supply.
Forecast Growth Projected:
The Global Agrifood Blockchain Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Agrifood Blockchain Market:
IBM, Microsoft, SAP SE, Arc-net, AgriDigital, Ripe Technology, Inc., Oracle, DigitalFoodLab, OTT8 Group Inc., and OPTiM Corporation.
Segment Covered in the Agrifood Blockchain Market:
By Type: Public, Private
By Provider: Application and Solution Provider, Middleware Provider, Infrastructure and Protocol Provider
By Application: Product Traceability, Tracking, and Visibility, Payment and Settlement, Smart Contract, Governance, Risk, and Compliance Management
By End-User: Growers, Food Manufacturers/Processors, Retailers, Other
Regional Analysis:
The global Agrifood Blockchain Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Agrifood Blockchain Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Agrifood Blockchain Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Agrifood Blockchain manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Agrifood Blockchain in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Agrifood Blockchain Market?
The Agrifood Blockchain Market size was USD 120.1 million in 2022. It is expected to reach USD 1,114.1 million in 2031.
How fast is the Agrifood Blockchain Market growing?
The Agrifood Blockchain Market will exhibit a CAGR of 32.12% during the forecast period, 2024-2031.
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