Blockchain in Agriculture and Food Supply Chain Market Size - 2031
The blockchain in the agriculture and food supply chain market size is expected to grow from US$ 162.81 million in 2023 to US$ 2463.47 million by 2031; it is anticipated to expand at a CAGR of 40.4% from 2023 to 2031. The enhanced traceability and transparency, consumer demand for transparency, supply chain efficiency, prevention of food fraud and contamination, and reduction of food waste are fueling the growth of the blockchain in agriculture and food supply chain market.
Blockchain in Agriculture and Food Supply Chain Market Analysis
The growing demand for blockchain technology from small and medium-sized businesses bolstered the blockchain's presence in the agriculture and food supply chain market. Furthermore, the integration of Internet of Things (IoT) devices is predicted to accelerate the expansion of markets over the forecasted period. Moreover, major companies are taking various initiatives to expand their portfolio and global presence which has become a major blockchain in agriculture and food supply chain market trend.
Blockchain in Agriculture and Food Supply Chain Market Overview
- Agriculture-related firms are becoming more and more interested in blockchain technology. Businesses gradually set themselves apart by showcasing how supply chain knowledge is created, and transaction bottlenecks are reduced through enhanced data management competency resulting from developing technology.
- The agriculture sector highlights how valuable technology is for reducing transaction costs, streamlining logistics, boosting traceability, and enhancing food safety procedures.
- Blockchain technology represents an exciting opportunity to improve transparency, reduce resistance, and boost transaction-related efficiency in global agricultural supply chains.
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Blockchain in Agriculture and Food Supply Chain Market: Strategic Insights
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Blockchain in Agriculture and Food Supply Chain Market: Strategic Insights
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Blockchain in Agriculture and Food Supply Chain Market Opportunity
Integration of Internet of Things (IoT) Devices To Create an Opportunity for the Blockchain in Agriculture and Food Supply Chain Market Growth
- The incorporation of Internet of Things (IoT) devices with blockchain technology for agriculture and food supply chains improves data gathering and real-time monitoring, leading to increased transparency, traceability, and quality control, as well as increased supply chain efficiency.
- Businesses are securing data in Internet of Things devices with blockchain. Smart devices can exchange data and conduct other financial activities in a scalable, secure, and reliable way when blockchain technology is used in conjunction with IoT devices.
- In addition, blockchain technology combined with IoT enables organizations to exchange and access data without the need for centralized control and management, further propelling the blockchain in agriculture and food supply chain market growth.
Blockchain in Agriculture and Food Supply Chain Market Report Segmentation Analysis
- Based on organization size, the blockchain in agriculture and food supply chain market is segmented into large enterprises and SMEs. The large enterprises segment is expected to hold a substantial Blockchain in Agriculture and Food Supply Chain Market share in 2023.
- Larger organizations are continuously working on investing in advanced technologies like blockchain to enhance their agriculture and food supply chain, which is fueling the growth of the segment in the market.
- While SMEs are also working on adopting blockchain technology as it helps them to track and manage their grains as they move throughout the value chain, further propelling the market growth in the forecasted period.
Blockchain in Agriculture and Food Supply Chain Market Share Analysis By Geography
The scope of the blockchain in agriculture and food supply chain market is primarily divided into five regions - North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is experiencing rapid growth and is anticipated to hold a significant blockchain in agriculture and food supply chain market share. North America adopted modern technology at a far faster rate than other regions to manage agriculture and the food supply chain, resulting in the greatest market share. Furthermore, the US and Canada are the region's most economically stable countries, accounting for a sizable portion of the market.
Blockchain in Agriculture and Food Supply Chain Market Report Scope
The "Blockchain in Agriculture and Food Supply Chain Market Analysis" was carried out based on stakeholders, organization size, application, and geography. On the basis of stakeholders, the market is segmented into growers, food manufacturers/processors, and retailers. Based on organization size, the market is segmented into large enterprises and SMEs. Based on application, the blockchain in agriculture and food supply chain market is segmented into product traceability, payment and settlement, smart contracts, and governance risk and compliance management. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Blockchain in Agriculture and Food Supply Chain Market News and Recent Developments
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the blockchain in the agriculture and food supply chain market. A few recent key market developments are listed below:
- In March 2021, BlockApps, an enterprise blockchain platform provider, announced the expansion of the TraceHarvest network with Amazon Web Services (AWS). BlockApps’ TraceHarvest blockchain solution will leverage AWS to provide TraceHarvest’s agribusiness customers fast, flexible access to the cloud. TraceHarvest allows customers to track and trace the full lifecycle of agricultural products starting at the seed source using blockchain.
[Source: BlockApps, Company Website]
- In January 2020, Farmer Connect and IBM announced a new consumer mobile application called "Thank My Farmer," which will allow coffee drinkers to trace their coffee to understand its quality and origin and even support the farmer who grew the beans. Farmer Connect is a traceability platform powered by IBM Blockchain designed to help increase traceability, efficiency and fairness in the coffee supply chain.
[Source: IBM, Company Website]
Blockchain in Agriculture and Food Supply Chain Market Report Coverage & Deliverables
The Blockchain in Agriculture and Food Supply Chain Market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Blockchain in Agriculture and Food Supply Chain Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-
- Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities.
- Key future trends.
- Detailed PEST & SWOT analysis
- Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
- Detailed company profiles.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global blockchain in agriculture and food supply chain market was estimated to be US$ 162.81 billion in 2023 and is expected to grow at a CAGR of 40.4% during the forecast period 2023 - 2031.
Rising demand for traceability and transparency from stakeholders are the major factors that propel the global blockchain in agriculture and food supply chain market.
The strategic initiatives by market players are anticipated to play a significant role in the global blockchain in agriculture and food supply chain market in the coming years.
The global blockchain in agriculture and food supply chain market is expected to reach US$ 2463.47 million by 2031.
The key players holding majority shares in the global blockchain in agriculture and food supply chain market are IBM, Microsoft, TE-FOOD International GmbH, Ambrosus, and ACR-NET.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Blockchain In Agriculture And Food Supply Chain Market - By Stakeholder
1.3.2 Blockchain In Agriculture And Food Supply Chain Market - By Provider
1.3.3 Blockchain In Agriculture And Food Supply Chain Market - By Application
1.3.4 Blockchain In Agriculture And Food Supply Chain Market - By Organization Size
1.3.5 Blockchain In Agriculture And Food Supply Chain Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET - GLOBAL MARKET ANALYSIS
6.1. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN - GLOBAL MARKET OVERVIEW
6.2. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET - REVENUE AND FORECASTS TO 2028 - STAKEHOLDER
7.1. OVERVIEW
7.2. STAKEHOLDER MARKET FORECASTS AND ANALYSIS
7.3. GROWERS
7.3.1. Overview
7.3.2. Growers Market Forecast and Analysis
7.4. FOOD MANUFACTURERS/PROCESSORS
7.4.1. Overview
7.4.2. Food Manufacturers/Processors Market Forecast and Analysis
7.5. RETAILERS
7.5.1. Overview
7.5.2. Retailers Market Forecast and Analysis
8. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET - REVENUE AND FORECASTS TO 2028 - PROVIDER
8.1. OVERVIEW
8.2. PROVIDER MARKET FORECASTS AND ANALYSIS
8.3. APPLICATION AND SOLUTION PROVIDER
8.3.1. Overview
8.3.2. Application and Solution Provider Market Forecast and Analysis
8.4. MIDDLEWARE PROVIDER
8.4.1. Overview
8.4.2. Middleware Provider Market Forecast and Analysis
8.5. INFRASTRUCTURE AND PROTOCOL PROVIDER
8.5.1. Overview
8.5.2. Infrastructure and Protocol Provider Market Forecast and Analysis
9. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. PRODUCT TRACEABILITY TRACKING AND VISIBILITY
9.3.1. Overview
9.3.2. Product Traceability Tracking and Visibility Market Forecast and Analysis
9.4. PAYMENT AND SETTLEMENT
9.4.1. Overview
9.4.2. Payment and Settlement Market Forecast and Analysis
9.5. SMART CONTRACT
9.5.1. Overview
9.5.2. Smart Contract Market Forecast and Analysis
9.6. GOVERNANCE RISK AND COMPLIANCE MANAGEMENT
9.6.1. Overview
9.6.2. Governance Risk and Compliance Management Market Forecast and Analysis
10. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
10.1. OVERVIEW
10.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
10.3. LARGE ENTERPRISES
10.3.1. Overview
10.3.2. Large Enterprises Market Forecast and Analysis
10.4. SMALL AND MEDIUM-SIZED ENTERPRISES
10.4.1. Overview
10.4.2. Small and Medium-Sized Enterprises Market Forecast and Analysis
11. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Blockchain In Agriculture And Food Supply Chain Market Overview
11.1.2 North America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis
11.1.3 North America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Stakeholder
11.1.4 North America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Provider
11.1.5 North America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Application
11.1.6 North America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Organization Size
11.1.7 North America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Countries
11.1.7.1 United States Blockchain In Agriculture And Food Supply Chain Market
11.1.7.1.1 United States Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.1.7.1.2 United States Blockchain In Agriculture And Food Supply Chain Market by Provider
11.1.7.1.3 United States Blockchain In Agriculture And Food Supply Chain Market by Application
11.1.7.1.4 United States Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.1.7.2 Canada Blockchain In Agriculture And Food Supply Chain Market
11.1.7.2.1 Canada Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.1.7.2.2 Canada Blockchain In Agriculture And Food Supply Chain Market by Provider
11.1.7.2.3 Canada Blockchain In Agriculture And Food Supply Chain Market by Application
11.1.7.2.4 Canada Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.1.7.3 Mexico Blockchain In Agriculture And Food Supply Chain Market
11.1.7.3.1 Mexico Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.1.7.3.2 Mexico Blockchain In Agriculture And Food Supply Chain Market by Provider
11.1.7.3.3 Mexico Blockchain In Agriculture And Food Supply Chain Market by Application
11.1.7.3.4 Mexico Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.2. EUROPE
11.2.1 Europe Blockchain In Agriculture And Food Supply Chain Market Overview
11.2.2 Europe Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis
11.2.3 Europe Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Stakeholder
11.2.4 Europe Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Provider
11.2.5 Europe Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Application
11.2.6 Europe Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Organization Size
11.2.7 Europe Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Blockchain In Agriculture And Food Supply Chain Market
11.2.7.1.1 Germany Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.2.7.1.2 Germany Blockchain In Agriculture And Food Supply Chain Market by Provider
11.2.7.1.3 Germany Blockchain In Agriculture And Food Supply Chain Market by Application
11.2.7.1.4 Germany Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.2.7.2 France Blockchain In Agriculture And Food Supply Chain Market
11.2.7.2.1 France Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.2.7.2.2 France Blockchain In Agriculture And Food Supply Chain Market by Provider
11.2.7.2.3 France Blockchain In Agriculture And Food Supply Chain Market by Application
11.2.7.2.4 France Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.2.7.3 Italy Blockchain In Agriculture And Food Supply Chain Market
11.2.7.3.1 Italy Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.2.7.3.2 Italy Blockchain In Agriculture And Food Supply Chain Market by Provider
11.2.7.3.3 Italy Blockchain In Agriculture And Food Supply Chain Market by Application
11.2.7.3.4 Italy Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.2.7.4 United Kingdom Blockchain In Agriculture And Food Supply Chain Market
11.2.7.4.1 United Kingdom Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.2.7.4.2 United Kingdom Blockchain In Agriculture And Food Supply Chain Market by Provider
11.2.7.4.3 United Kingdom Blockchain In Agriculture And Food Supply Chain Market by Application
11.2.7.4.4 United Kingdom Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.2.7.5 Russia Blockchain In Agriculture And Food Supply Chain Market
11.2.7.5.1 Russia Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.2.7.5.2 Russia Blockchain In Agriculture And Food Supply Chain Market by Provider
11.2.7.5.3 Russia Blockchain In Agriculture And Food Supply Chain Market by Application
11.2.7.5.4 Russia Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.2.7.6 Rest of Europe Blockchain In Agriculture And Food Supply Chain Market
11.2.7.6.1 Rest of Europe Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.2.7.6.2 Rest of Europe Blockchain In Agriculture And Food Supply Chain Market by Provider
11.2.7.6.3 Rest of Europe Blockchain In Agriculture And Food Supply Chain Market by Application
11.2.7.6.4 Rest of Europe Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market Overview
11.3.2 Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis
11.3.3 Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Stakeholder
11.3.4 Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Provider
11.3.5 Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Organization Size
11.3.7 Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Blockchain In Agriculture And Food Supply Chain Market
11.3.7.1.1 Australia Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.3.7.1.2 Australia Blockchain In Agriculture And Food Supply Chain Market by Provider
11.3.7.1.3 Australia Blockchain In Agriculture And Food Supply Chain Market by Application
11.3.7.1.4 Australia Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.3.7.2 China Blockchain In Agriculture And Food Supply Chain Market
11.3.7.2.1 China Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.3.7.2.2 China Blockchain In Agriculture And Food Supply Chain Market by Provider
11.3.7.2.3 China Blockchain In Agriculture And Food Supply Chain Market by Application
11.3.7.2.4 China Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.3.7.3 India Blockchain In Agriculture And Food Supply Chain Market
11.3.7.3.1 India Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.3.7.3.2 India Blockchain In Agriculture And Food Supply Chain Market by Provider
11.3.7.3.3 India Blockchain In Agriculture And Food Supply Chain Market by Application
11.3.7.3.4 India Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.3.7.4 Japan Blockchain In Agriculture And Food Supply Chain Market
11.3.7.4.1 Japan Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.3.7.4.2 Japan Blockchain In Agriculture And Food Supply Chain Market by Provider
11.3.7.4.3 Japan Blockchain In Agriculture And Food Supply Chain Market by Application
11.3.7.4.4 Japan Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.3.7.5 South Korea Blockchain In Agriculture And Food Supply Chain Market
11.3.7.5.1 South Korea Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.3.7.5.2 South Korea Blockchain In Agriculture And Food Supply Chain Market by Provider
11.3.7.5.3 South Korea Blockchain In Agriculture And Food Supply Chain Market by Application
11.3.7.5.4 South Korea Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.3.7.6 Rest of Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market
11.3.7.6.1 Rest of Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.3.7.6.2 Rest of Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market by Provider
11.3.7.6.3 Rest of Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market by Application
11.3.7.6.4 Rest of Asia-Pacific Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market Overview
11.4.2 Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis
11.4.3 Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Stakeholder
11.4.4 Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Provider
11.4.5 Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Organization Size
11.4.7 Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Blockchain In Agriculture And Food Supply Chain Market
11.4.7.1.1 South Africa Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.4.7.1.2 South Africa Blockchain In Agriculture And Food Supply Chain Market by Provider
11.4.7.1.3 South Africa Blockchain In Agriculture And Food Supply Chain Market by Application
11.4.7.1.4 South Africa Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.4.7.2 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Market
11.4.7.2.1 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.4.7.2.2 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Market by Provider
11.4.7.2.3 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Market by Application
11.4.7.2.4 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.4.7.3 U.A.E Blockchain In Agriculture And Food Supply Chain Market
11.4.7.3.1 U.A.E Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.4.7.3.2 U.A.E Blockchain In Agriculture And Food Supply Chain Market by Provider
11.4.7.3.3 U.A.E Blockchain In Agriculture And Food Supply Chain Market by Application
11.4.7.3.4 U.A.E Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.4.7.4 Rest of Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market
11.4.7.4.1 Rest of Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.4.7.4.2 Rest of Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market by Provider
11.4.7.4.3 Rest of Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market by Application
11.4.7.4.4 Rest of Middle East and Africa Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Blockchain In Agriculture And Food Supply Chain Market Overview
11.5.2 South and Central America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis
11.5.3 South and Central America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Stakeholder
11.5.4 South and Central America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Provider
11.5.5 South and Central America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Application
11.5.6 South and Central America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Organization Size
11.5.7 South and Central America Blockchain In Agriculture And Food Supply Chain Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Blockchain In Agriculture And Food Supply Chain Market
11.5.7.1.1 Brazil Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.5.7.1.2 Brazil Blockchain In Agriculture And Food Supply Chain Market by Provider
11.5.7.1.3 Brazil Blockchain In Agriculture And Food Supply Chain Market by Application
11.5.7.1.4 Brazil Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.5.7.2 Argentina Blockchain In Agriculture And Food Supply Chain Market
11.5.7.2.1 Argentina Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.5.7.2.2 Argentina Blockchain In Agriculture And Food Supply Chain Market by Provider
11.5.7.2.3 Argentina Blockchain In Agriculture And Food Supply Chain Market by Application
11.5.7.2.4 Argentina Blockchain In Agriculture And Food Supply Chain Market by Organization Size
11.5.7.3 Rest of South and Central America Blockchain In Agriculture And Food Supply Chain Market
11.5.7.3.1 Rest of South and Central America Blockchain In Agriculture And Food Supply Chain Market by Stakeholder
11.5.7.3.2 Rest of South and Central America Blockchain In Agriculture And Food Supply Chain Market by Provider
11.5.7.3.3 Rest of South and Central America Blockchain In Agriculture And Food Supply Chain Market by Application
11.5.7.3.4 Rest of South and Central America Blockchain In Agriculture And Food Supply Chain Market by Organization Size
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. BLOCKCHAIN IN AGRICULTURE AND FOOD SUPPLY CHAIN MARKET, KEY COMPANY PROFILES
13.1. AGRICHAIN PTY LTD
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. AGRIDIGITAL
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. AMBROSUS
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. ARCNET INTERNET SERVICES
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. INTERNATIONAL BUSINESS MACHINES CORPORATION
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. MICROSOFT CORPORATION
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. ORIGINTRAIL
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PROVENANCE
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. RIPE.IO
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SAP SE
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
- IBM
- Microsoft
- TE-FOOD International GmbH
- Ambrosus
- ACR-NET
- SAP SE
- OriginTrail
- Provenance
- Chainvine
- Ripe.io
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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