Comprehensive Market Analysis on Blockchain in Agriculture and Food Supply Chain Market projected to reach USD 5996.5 Million by 2030 | CAGR of 52.3% | Forecast period 2023-2030, published by MarketDigits

Blockchain in Agriculture and Food Supply Chain Market Scope:
Market size value in 2023 - USD 315.5 Million
Market size value in 2030 - USD 5996.5 Million
CAGR (2023-2030) - 52.3%
Forecast Period - 2023-2030
Segments Covered - Type, Stakeholders, Providers, Organization Size, Application & Region.
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - AgriDigital, OriginTrail, Provenance, Modum.Io Ag, Viveat, Eharvesthub Inc., Grainchain, Cargochain, Farm2kitchen Foods Pvt. Ltd.

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Browse in-depth TOC on "Blockchain in Agriculture and Food Supply Chain Market"
178-Tables
95-Figures
332-Pages

North America dominates the market for Blockchain in Agriculture and Food Supply Chain.
The dominating region in the global blockchain in agriculture and food supply chain market is North America, with the United States at the forefront of adoption. The region is witnessing rapid growth due to a well-established agricultural sector, high awareness of technology, and a strong emphasis on food safety regulations. The U.S. Department of Agriculture (USDA) has been actively exploring blockchain applications to enhance traceability and reduce fraud in the food supply chain.
An upcoming region with high growth potential is Asia-Pacific, led by China. The increasing population, coupled with rising concerns about food safety, is driving the adoption of blockchain technology in the region. China, in particular, is investing significantly in blockchain applications for agriculture to ensure the authenticity and quality of its food exports. The government's support and initiatives to integrate technology into the agriculture sector make China a promising market for blockchain solutions. Other countries in Southeast Asia, such as India and Indonesia, are also showing increasing interest in leveraging blockchain for their agriculture and food supply chain, presenting lucrative opportunities for market growth in the coming years.

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Top Key Players Covered in the Report-
IBM, TE-FOOD International GmbH, Microsoft, ACR-NET, Ambrosus, SAP SE, Chainvine, Ripe.io, AgriDigital, OriginTrail, Provenance, Modum.Io Ag, Viveat, Eharvesthub Inc., Grainchain, Cargochain, Farm2kitchen Foods Pvt. Ltd., Genuino and others.

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Recent Developments-
June 2020, A new industry collaboration between Atea, IBM, and Sjømatbedriftene, the Norwegian Seafood Association, aims to leverage blockchain technology to exchange supply chain data throughout the seafood industry in Norway and offer better, safer fish to consumers worldwide. This blockchain technology would contribute to the provision of fully traceable, high-quality items.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-blockchain-in-agriculture-and-food-supply-chain-market-projected-to-reach-usd-59965-million-by-2030

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