Global Blockchain In Agriculture And Food Supply Chain Market Trends And Strategies Of Major Players in the Blockchain In Agriculture And Food Supply Chain Market 2021-2030

5 Mar, 2021

The blockchain in agriculture and food supply chain market consists of sales of blockchain services in the agriculture and food supply chain by entities (organizations, sole traders and partnerships) that provide blockchain services to the agriculture and food supply chain. Blockchain technology enables the traceability of information in the food supply chain and thus helps improve food safety. It also provides a secure way of storing and managing data, which facilitates the development and use of data-driven innovations for smart farming and smart index-based agriculture insurance.

Global Blockchain In Agriculture And Food Supply Chain Market Size And Drivers:

The global blockchain in agriculture and food supply chain market is expected to grow from $128.87 million in 2020 to $189.48 million in 2021 at a compound annual growth rate (CAGR) of 47%. The market is expected to reach $886.18 million in 2025 at a CAGR of 47.1%. The blockchain in agriculture and food supply chain market was supported by the increased demand for small and medium enterprises in blockchain in agriculture and food supply chain market.

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Trends In The Global Blockchain In Agriculture And Food Supply Chain Market

The launch of different and innovative insurance products is a major trend gaining popularity in the blockchain in agriculture and food supply chain market. Major companies operating in the blockchain in agriculture and food supply chain sector are focusing on developing advanced solutions for blockchain in agriculture and food supply chain.

Global Blockchain In Agriculture And Food Supply Chain Market Segments:
The global blockchain in agriculture and food supply chain market is further segmented based on type, stakeholder, application and geography.
By Type: Public Blockchain, Private Blockchain, Consortium/Hybrid Blockchain.
By Stakeholder: Growers, Food Manufacturers/Processors, Retailers.
By Application:Product Traceability, Tracking, And Visibility, Payment And Settlement, Smart Contracts, Governance, Risk And Compliance Management.
By Geography:The global blockchain in agriculture and food supply chain market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global blockchain in agriculture and food supply chain market.

Read More On The Report For The Global Blockchain In Agriculture And Food Supply Chain Market At:

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Blockchain In Agriculture And Food Supply Chain Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides blockchain in agriculture and food supply chain market overviews, analyzes and forecasts market size and growth for the global blockchain in agriculture and food supply chain market, blockchain in agriculture and food supply chain market share, blockchain in agriculture and food supply chain market players, blockchain in agriculture and food supply chain market segments and geographies, blockchain in agriculture and food supply chain market’s leading competitors’ revenues, profiles and market shares. The blockchain in agriculture and food supply chain market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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