Blockchain in Agriculture and Food Supply Chain Market Size, Scope, and Share by 2031
Blockchain in Agriculture and Food Supply Chain Market: Strategic Insights
Blockchain in Agriculture and Food Supply Chain Market
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CAGR (2023 - 2031)40.4% -
Market Size 2023
US$ 162.81 million -
Market Size 2031
US$ 2463.47 million
Market Dynamics
GROWTH DRIVERS
- Need for improved transparency and traceability in food supply chains
- Rising concerns over food safety and quality
FUTURE TRENDS
- Increasing use of blockchain by food manufacturers and retailers
- Expanding blockchain-based solutions for compliance and risk management
OPPORTUNITIES
- Growth in demand for blockchain for product traceability
- Adoption of smart contracts in agriculture
Key Players
- IBM
- Microsoft
- TE FOOD InternationalGmbH
- Ambrosus
- ACR NET
- SAP SE
- OriginTrail
- Provenance
- Chainvine
- Ripe io
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Stakeholder
- Growers
- Food Manufacturers/Processors
- Retailers
Organization Size
- Large Enterprises and SMEs
Application
- Product Traceability
- Payment and Settlement
- Smart Contracts
- Governance Risk and Compliance Management