Press release
United States Blockchain in Agriculture Market is to reach USD 5.57 billion by 2032 | Major Players Include - IBM Corporation, TE-FOOD International GmbH, Arc-Net, iTrust | DataM Intelligence
Global Market reached US$ 352.56 million in 2024 and is expected to reach US$ 5,570.71 million by 2032, growing with a CAGR of 41.20% during the forecast period 2025-2032.Download Free sample report:-https://www.datamintelligence.com/download-sample/blockchain-in-agriculture-market?pratik
Recent Industry Development in U.S market:
✅US Blockchain in Agriculture Market: USD 352.56 million in 2024; projected USD 5.57 billion by 2032.
✅Major U.S. companies like IBM and Microsoft are active in this space, offering blockchain platforms for traceability, smart contracts, transparency in agri-supply chains.
✅ Walmart (U.S.) has implemented blockchain for food traceability: using Hyperledger Fabric with IBM, Walmart reduced the time to trace mangoes from 6+ days to a few seconds.
✅ There is increasing integration of IoT with blockchain in U.S.-based agri‐applications: IoT devices (sensors) capture data (e.g., temperature, soil health), which is recorded on blockchain for immutable traceability and smart‐contract‐based transactions.
Recent Industry Development in Japan market:
✅ Japan's blockchain in agriculture & food supply chain market was valued at US$ 8.12 million.
✅ In Japan, blockchain-based food traceability platforms have been piloted. For example, a food‐traceability platform using blockchain was tested to track production history, lot data, and supply chain flows.
✅ Japanese experiments emphasize leveraging blockchain's tamper‐proof ledger to improve supply chain transparency in agriculture, especially for export and lot‐based traceability.
✅ There is growing public discourse in Japan around visualization of production and distribution data in food/agriculture using blockchain, driven by both food safety concerns and consumer trust.
✅ A concrete Japanese case: in the agriculture domain, the Japan Gibier (wild game) Promotion Association conducted a pilot on a blockchain-based traceability system for " (gibier)" meat, logging from harvesting through processing to consumer.
Key Investment
➠ AgriDigital (Australia / Global): Raised US$ 5.5 million in a Series A round led by Square Peg Capital.Over 1.6 million tonnes of grain have been transacted through its platform.
➠ AgriDigital (later funding): Raised AU$ 25 million ( US$ 17.42 million) to further expand its digital grain and finance platform
➠ OriginTrail TE-FOOD partnership: In March 2025, OriginTrail announced a strategic partnership with TE‐FOOD to enable cross-platform blockchain traceability across agri-supply chains.
➠ IBM Farmatrust / Food Trust (U.S.): In June 2025, IBM expanded its IBM Food Trust platform via a collaboration with Farmatrust, adding "digital product passport" capabilities for agricultural producers.
➠ VeChain (China / global): In July 2025, VeChain introduced a new agriculture‐focused product suite on its ToolChain blockchain, aimed at helping smallholders capture and verify product data, improving traceability.
Benefits of AI for the Blockchain in Agriculture Market
➠Enhanced crop monitoring using AI-driven predictive analytics for better yield forecasting.
➠Smarter supply chain tracking by integrating AI with blockchain for real-time transparency.
➠Automation of farm operations, reducing manual labor and increasing efficiency.
➠Predictive maintenance for agricultural machinery through AI-powered sensors.
➠Faster traceability of produce with AI-enabled blockchain record management.
➠Improved pest and disease detection using AI image recognition systems.
➠Optimized resource usage (water, fertilizers) through AI-based recommendations.
➠Reduced human error in farm data entry and monitoring processes.
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Segmentation Analysis :
➠By Type: Public blockchain dominates due to its transparency and traceability advantages, while private blockchains are preferred by enterprises seeking enhanced control and data security. Hybrid/consortium models are emerging for collaborative farming networks and multi-stakeholder ecosystems.
➠By Stakeholders: Growers leverage blockchain for crop tracking and quality assurance. Food manufacturers and processors use it for supply chain transparency and certification. Retailers focus on traceability and consumer trust, while other stakeholders such as logistics providers and regulators participate for compliance and operational efficiency.
➠By Providers: Application and solution providers offer platforms for traceability, payments, and smart contracts. Middleware infrastructure providers support interoperability and integration. Protocol providers maintain blockchain standards and security, while other service providers enable consulting, analytics, and managed solutions.
➠By Organization Size: Large enterprises dominate adoption due to their investment capacity and extensive supply chains. Small and medium-sized enterprises are increasingly integrating blockchain through scalable platforms and consortium networks to enhance efficiency and market access.
Regional Insights:
➠ North America: Largest regional market, accounting for 38% of global blockchain‐in‐agriculture revenues in 2024. Growth is being driven by strong digital infrastructure, well-established agri‐tech players, and early adoption by major agribusinesses.
➠ Asia‐Pacific: Fastest‐growing region. According to some reports, APAC held 24% of the market in 2024. The rapid expansion is fueled by government initiatives, growing farm digitization, large-scale agricultural production (especially in China, India, Australia), and increasing investments in agritech startups.
➠ Europe: Mature but steadily growing. Approximately 29% share of the global market in 2024.Growth is underpinned by stringent food‐safety and traceability regulations, strong sustainability focus, and blockchain adoption for certification, compliance, and transparency by major European agri-food players.
Growth drivers:
Demand for supply chain transparency and traceability.
Need for secure, tamper-proof records in food safety.
Automation via smart contracts reducing admin costs.
Digital financing models improving farmer access to capital.
Integration with IoT for real-time crop and livestock monitoring.
Regulatory mandates for farm-to-fork traceability.
Consumer demand for verified sustainable and organic produce.
Enhancing operational efficiency and mitigating risks.
Growing adoption of precision agriculture technologies.
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Key players:
IBM Corporation, TE-FOOD International GmbH, Arc-Net, iTrust, SAP SA, Origintrail, Ripe Technology, Inc, Grain Chain, Inc, Bitfury Group Limited and Amazon Web Services.
Key highlights:
➠ IBM Corporation
Leads with IBM Food Trust platform, enabling end-to-end food supply chain transparency and traceability. Holds over 10% market share with strong enterprise blockchain frameworks supporting global agri-value chains.
➠ TE-FOOD International GmbH
Focuses on blockchain-based traceability solutions tailored for fresh produce and livestock, enhancing food safety and quality from farm to table. Known for innovative implementations in Europe and Asia.
➠ Arc-Net
UK-based player specializing in integrating blockchain with IoT for real-time monitoring of agricultural commodities and improving farm-to-fork traceability, targeting supply chain efficiency.
➠ iTrust
Provides decentralized data exchange solutions emphasizing data security and transparency in agriculture supply chains, helping improve trust and operational efficiency.
➠ SAP SE
Offers blockchain integration within global ERP and traceability systems, enabling scalable supply chain transparency solutions for large agribusiness enterprises.
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About DataM Intelligence
DataM Intelligence is a renowned provider of market research, delivering deep insightsthrough pricing analysis, market share breakdowns, and competitive intelligence. Thecompany specializes in strategic reports that guide businesses in high-growth sectors suchas nutraceuticals and AI-driven health innovations.
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