Press release
Agrifood Blockchain Market 2024-2031: Global Industry Size, Share, and Leading Player Forecast | IBM, Microsoft, SAP SE, Arc-net, AgriDigital, Ripe Technology, Inc
Agrifood Blockchain Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Agrifood Blockchain market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Agrifood Blockchain Market reached US$ 120.1 million in 2022 and is expected to reach US$ 1,114.1 million by 2031, growing with a CAGR of 32.12% during the forecast period 2024-2031.
Agrifood blockchain refers to the application of blockchain technology in the agricultural and food sectors to enhance transparency, traceability, and trust across the supply chain. By recording every step of production, processing, and distribution in a decentralized ledger, agrifood blockchain allows stakeholders and consumers to verify the origin, quality, and safety of food products. This technology helps reduce fraud, improve food safety, and support sustainable practices by providing a tamper-proof, easily accessible record of each product's journey from farm to table.
Key Developments:
❁ In January 2024, NITI Aayog, along with the Ministry of Agriculture and Farmers' Welfare and the Food and Agriculture Organization of the United Nations, jointly launched the Investment Forum for Advancing Climate Resilient Agrifood Systems in India. This initiative seeks to foster investments and partnerships to support the development of climate-resilient agrifood systems.
In March 2023, Maalexi, a start-up offering a blockchain-enabled platform that helps small food and agri-businesses access cross-border trade and financing directly, joined Rockstart AgriFood's Spring 2023 cohort. Rockstart provides industry-specific accelerator programs tailored to support innovative founders.
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.
Research Process:
Both primary and secondary data sources have been used in the global Agrifood Blockchain Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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 Breakout:
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.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
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 New Zealand Food Testing and Certification 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 New Zealand Food Testing and Certification 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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Frequently Asked Questions
What is the expected growth rate of the global market for the forecast period?
What are the key driving factors that are responsible to shape the fate of the Agrifood Blockchain market during the forecast period?
What will be the overall size of the market during the analysis period?
What are the prominent market trends which influence the development of the Agrifood Blockchain market across various regions?
Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
What are the challenges and threats that are likely to act as a barrier to the growth of the Agrifood Blockchain market?
What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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