The Latest Released Blockchain In Agriculture And Food Supply Chain market study has evaluated the future growth potential of Blockchain In Agriculture And Food Supply Chain market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Blockchain In Agriculture And Food Supply Chain market. The study includes market share analysis and profiles of players such as IBM (United States), TE-FOOD International GmbH (Europe), Microsoft (United States), ACR-NET (Ireland), Ambrosus (Switzerland), SAP SE (Germany), Chainvine (United Kingdom), Ripe.io (United States), AgriDigital (Australia), OriginTrail (Slovenia)
According to HTF Market Intelligence, the Blockchain In Agriculture And Food Supply Chain market size is estimated to increase by USD Million at a CAGR of 41.14% from 2023 to 2030. Currently, the market value is pegged at USD Million
This article will assist you in understanding the pattern with Impacting Trends if you are a Blockchain In Agriculture And Food Supply Chain manufacturer and would like to check or comprehend the policy and regulatory ideas, designing clear explanations of the stakes, prospective winners and losers, and choices for improvement. Click To get SAMPLE PDF (Including Full TOC, Table & Figures) https://www.htfmarketintelligence.com/sample-report/global-blockchain-in-agriculture-and-food-supply-chain-market?utm_source=Sweety_DailyNewsMirror&utm_id=Sweety
Blockchain In Agriculture And Food Supply Chain Market Overview
Blockchain is a decentralized, immutable ledger that can record transactions and data, making it a popular tool in agriculture and the food supply chain. Blockchain can improve transparency and traceability,
Market Trends
Increased global blockchain activity in agriculture and the food market has also prompted government bodies to restructure their legislative frameworks and regulations to adapt blockchain in their economies. Blockchain technology is primarily driving the agriculture market due to its real-time potential to solve issues that have plagued the agriculture industry. Furthermore, the improvement in supply chain efficiency in terms of cost and time is a contributing factor. The need for transparency and traceability in the agriculture and food supply chain is expected to drive high market growth in the global blockchain agriculture and food market. A blockchain-powered supply chain will hold food companies accountable for providing healthy and high-quality ingredients, as stated on product packaging. The implementation of blockchain will also reduce food waste within the supply chain and create capital growth opportunities for all stakeholders involved in the agricultural supply chain, including farmers, processors, distributors, retailers, and traders. The agriculture market, in particular, will benefit from blockchain’s ability to lower transaction and processing costs across the supply chain while also creating value for all stakeholders.
Market Drivers
Increasing consumer concerns about food safety as a result of the COVID-19 pandemic are driving demand for supply chain transparency, which is expected to drive the blockchain in agriculture and the food supply chain market during the forecast period. Rising agricultural product demand and producer adoption of smart agriculture techniques are expected to drive the growth of the blockchain in agriculture and food supply chain markets. Furthermore, government initiatives to promote the use of modern agricultural techniques, the growing popularity of blockchain among retailers, and rising investments and funding in agriculture and food blockchain are expected to create opportunities for the market during the forecast period. However, regulatory uncertainty, a lack of standards, and data mismanagement among growers are expected to stymie the blockchain in agriculture and the food supply chain market during the forecast period.
Market Opportunities:
Blockchain-based transactions are being tested in a variety of industries, including finance, manufacturing, energy, and government. They are also used in agricultural supply chains, land registrations, and digital IDs. Originally developed to address the need for a more decentralized financial system, this technology is now finding innovative applications in a wide range of fields. A blockchain is cryptographically secure by design, is a write-once, append-only system, and is decentralized. The assertion that a blockchain is the only mechanism for establishing trust, lowering costs, and speeding up transactions is not entirely correct. Traditional challenges such as a lack of or poor infrastructure, interoperability failures, and other technology issues continue to plague blockchain-based implementations. Although it is popular to experiment with blockchain-based implementations of traditional processes, in most cases, this adds unnecessary overhead and does not yield any tangible benefits.
Market Restraints:
Agriculture supply chain management is more complex than other supply chains because agricultural production is dependent on factors such as weather, pests, and diseases that are difficult to predict and control. The lack of traceability in the supply chain for agriculture slows financial transactions and often necessitates extensive manual labor. Furthermore, counterfeits may appear at any stage of the supply chain, posing a risk to all business stakeholders, governments, and consumers. By providing transparency and eliminating transitional links in the agricultural value chain, supply chain blockchain services and initiatives can reduce the risk of counterfeiting and increase the efficiency of blockchain-based agriculture. Furthermore, distributed ledgers and blockchain-based technologies provide a real opportunity for more inclusive market performance among smallholders and Femto-sized, small, and medium enterprises (MSMEs) by reducing uncertainty and enabling trust among market participants.
Major Highlights of the Blockchain In Agriculture And Food Supply Chain Market report released by HTF MI
The Blockchain In Agriculture And Food Supply Chain Market is segmented by Global Blockchain In Agriculture And Food Supply Chain Market Breakdown by Application (Product traceability, tracking, and visibility, Payment and settlement, Smart contract, Governance, risk, and compliance management) by Type (Public, Private, Hybrid/Consortium) by Organization Size (Small and medium-sized enterprises, Large enterprises) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Revenue and Sales Estimation — Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.
SWOT Analysis on Blockchain In Agriculture And Food Supply Chain Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.
Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.
Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Blockchain In Agriculture And Food Supply Chain
- Regulation and its Implications
• Other CompliancesHave Any Query? Ask Our Expert @: https://www.htfmarketintelligence.com/enquiry-before-buy/global-blockchain-in-agriculture-and-food-supply-chain-market?utm_source=Sweety_DailyNewsMirror&utm_id=Sweety
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: IBM (United States), TE-FOOD International GmbH (Europe), Microsoft (United States), ACR-NET (Ireland), Ambrosus (Switzerland), SAP SE (Germany), Chainvine (United Kingdom), Ripe.io (United States), AgriDigital (Australia), OriginTrail (Slovenia)
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Check it Out Complete Details of Report @ https://www.htfmarketintelligence.com/report/global-blockchain-in-agriculture-and-food-supply-chain-market
– Overview of Blockchain In Agriculture And Food Supply Chain Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– Blockchain In Agriculture And Food Supply Chain Size (USD & Sales Volume) Comparison by Type (2019- 2030)
– Blockchain In Agriculture And Food Supply Chain Size (USD & Consumption) and Market Share Comparison by Application (2019- 2030)
– Blockchain In Agriculture And Food Supply Chain Size (Value & Volume) Comparison by Region (2019- 2030)
– Market Capacity, Production, Export-Import by Region (2019-2023E)
– Blockchain In Agriculture And Food Supply Chain Market Sales, Revenue and Growth Rate (2019- 2030)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2023E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– Blockchain In Agriculture And Food Supply Chain Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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