
Global Blockchain in Agriculture and Food Supply Chain Market By Application (Smart Contracts, Payment and Settlement, Product Traceability, Tracking, and Visibility, Governance, Risk, and Compliance Management), Organization Size (Large Enterprises, Smal
Description
Global Blockchain in Agriculture and Food Supply Chain Market, valued at USD 429 million in 2024, is projected to reach USD 11,601 million by 2033, achieving a remarkable CAGR of 44.25%. This rapid growth is driven by the need for enhanced transparency, traceability, and efficiency in food production and distribution. Blockchain's secure, decentralized ledger enables real-time tracking of goods from farm to table, ensuring authenticity, reducing fraud, and enhancing food safety. Applications include smart contracts for automated payments, product traceability for verifying organic or fair-trade claims, and governance for compliance. The rising demand for organic and sustainably sourced food, coupled with stringent safety regulations, fuels adoption. North America and Europe lead due to advanced technological infrastructure, while Asia-Pacific grows rapidly with agricultural modernization in China and India.
Challenges include high implementation costs, lack of standardization, and resistance from traditional stakeholders, particularly in developing regions. Opportunities lie in expanding smart contract use for streamlined logistics, integrating with IoT for real-time monitoring, and scaling adoption among SMEs through cost-effective solutions. Segment insights highlight product traceability as a dominant application, large enterprises leading adoption, and smart contracts gaining traction for automation. Companies like IBM and SAP innovate with blockchain platforms to enhance supply chain efficiency. The market’s trajectory emphasizes technological integration and regulatory alignment, fostering trust and sustainability in global food systems.
Market Segments:
By Application:
Smart Contracts
Payment and Settlement
Product Traceability, Tracking, and Visibility
Governance, Risk, and Compliance Management
By Organization Size:
Large Enterprises
Small and Medium Scale Enterprises (SMEs)
By Region:
North America
Asia Pacific
Europe
Middle East & Africa
South America
Please note - Delivery Timeline: 2-3 Business Days
Challenges include high implementation costs, lack of standardization, and resistance from traditional stakeholders, particularly in developing regions. Opportunities lie in expanding smart contract use for streamlined logistics, integrating with IoT for real-time monitoring, and scaling adoption among SMEs through cost-effective solutions. Segment insights highlight product traceability as a dominant application, large enterprises leading adoption, and smart contracts gaining traction for automation. Companies like IBM and SAP innovate with blockchain platforms to enhance supply chain efficiency. The market’s trajectory emphasizes technological integration and regulatory alignment, fostering trust and sustainability in global food systems.
Market Segments:
By Application:
Smart Contracts
Payment and Settlement
Product Traceability, Tracking, and Visibility
Governance, Risk, and Compliance Management
By Organization Size:
Large Enterprises
Small and Medium Scale Enterprises (SMEs)
By Region:
North America
Asia Pacific
Europe
Middle East & Africa
South America
Please note - Delivery Timeline: 2-3 Business Days
Table of Contents
396 Pages
- 1. Research Methodology
- 1.1. Desk Research
- 1.2. Real Time Insights and Validation
- 1.3. Forecast Model
- 1.4. Assumptions and Forecast Parameters
- 1.4.1. Assumptions
- 1.4.2. Forecast Parameters
- 1.5. Data Sources
- 1.5.1. Primary
- 1.5.2. Secondary
- 2. Executive Summary
- 2.1. 360° Summary
- 2.2. By Organization Size
- 2.3. By Application
- 3. Market Overview
- 3.1. Market Segmentation & Definitions
- 3.2. Key Takeaways
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter’s Five Forces Analysis
- 3.3.1. Bargaining Power of Consumers
- 3.3.2. Bargaining Power of Suppliers
- 3.3.3. Threat of New Entrants
- 3.3.4. Threat of Substitutes
- 3.3.5. Competitive Rivalry in the Market
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
- 3.5. Technology Landscape
- 3.6. Regulatory Landscape
- 3.7. Patent Landscape
- 3.8. Market Value Chain Analysis
- 3.9. Strategic Overview
- 4. Global Blockchain in Agriculture and Food Supply Chain Market, By Organization Size
- 4.1. Large Enterprises
- 4.1.1. Large Enterprises Market and Forecast, By Region, 2025-2033
- 4.1.2. Comparative Market Share Analysis, 2021 & 2033
- 4.2. Small and Medium Scale (SMEs) Enterprises
- 4.2.1. Small and Medium Scale (SMEs) Enterprises Market and Forecast, By Region, 2025-2033
- 4.2.2. Comparative Market Share Analysis, 2021 & 2033
- 5. Global Blockchain in Agriculture and Food Supply Chain Market, By Application
- 5.1. Smart Contracts
- 5.1.1. Smart Contracts Market and Forecast, By Region, 2025-2033
- 5.1.2. Comparative Market Share Analysis, 2021 & 2033
- 5.2. Payment and Settlement
- 5.2.1. Payment and Settlement Market and Forecast, By Region, 2025-2033
- 5.2.2. Comparative Market Share Analysis, 2021 & 2033
- 5.3. Tracking and Visibility
- 5.3.1. Tracking and Visibility Market and Forecast, By Region, 2025-2033
- 5.3.2. Comparative Market Share Analysis, 2021 & 2033
- 5.4. Governance
- 5.4.1. Governance Market and Forecast, By Region, 2025-2033
- 5.4.2. Comparative Market Share Analysis, 2021 & 2033
- 5.5. Risk and Compliance Management
- 5.5.1. Risk and Compliance Management Market and Forecast, By Region, 2025-2033
- 5.5.2. Comparative Market Share Analysis, 2021 & 2033
- 6. Global Blockchain in Agriculture and Food Supply Chain Market, By Region
- 6.1. North America
- 6.1.1. North America Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.1.2. North America Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.1.3. Comparative Market Share Analysis, 2021 & 2033
- 6.1.4. U.S.
- 6.1.4.1. U.S. Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.1.4.2. U.S. Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.1.4.3. Comparative Market Share Analysis, 2021 & 2033
- 6.1.5. Canada
- 6.1.5.1. Canada Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.1.5.2. Canada Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.1.5.3. Comparative Market Share Analysis, 2021 & 2033
- 6.2. Europe
- 6.2.1. Europe Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.2.2. Europe Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.2.3. Comparative Market Share Analysis, 2021 & 2033
- 6.2.4. Germany
- 6.2.4.1. Germany Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.2.4.2. Germany Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.2.4.3. Comparative Market Share Analysis, 2021 & 2033
- 6.2.5. UK
- 6.2.5.1. UK Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.2.5.2. UK Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.2.5.3. Comparative Market Share Analysis, 2021 & 2033
- 6.2.6. France
- 6.2.6.1. France Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.2.6.2. France Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.2.6.3. Comparative Market Share Analysis, 2021 & 2033
- 6.2.7. Spain
- 6.2.7.1. Spain Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.2.7.2. Spain Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.2.7.3. Comparative Market Share Analysis, 2021 & 2033
- 6.2.8. Italy
- 6.2.8.1. Italy Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.2.8.2. Italy Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.2.8.3. Comparative Market Share Analysis, 2021 & 2033
- 6.2.9. Rest of Europe
- 6.2.9.1. Rest of Europe Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.2.9.2. Rest of Europe Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.2.9.3. Comparative Market Share Analysis, 2021 & 2033
- 6.3. Asia Pacific
- 6.3.1. Asia Pacific Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.3.2. Asia Pacific Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.3.3. Comparative Market Share Analysis, 2021 & 2033
- 6.3.4. China
- 6.3.4.1. China Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.3.4.2. China Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.3.4.3. Comparative Market Share Analysis, 2021 & 2033
- 6.3.5. India
- 6.3.5.1. India Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.3.5.2. India Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.3.5.3. Comparative Market Share Analysis, 2021 & 2033
- 6.3.6. Japan
- 6.3.6.1. Japan Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.3.6.2. Japan Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.3.6.3. Comparative Market Share Analysis, 2021 & 2033
- 6.3.7. South Korea
- 6.3.7.1. South Korea Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.3.7.2. South Korea Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.3.7.3. Comparative Market Share Analysis, 2021 & 2033
- 6.3.8. Australia
- 6.3.8.1. Australia Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.3.8.2. Australia Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.3.8.3. Comparative Market Share Analysis, 2021 & 2033
- 6.3.9. Rest of Asia Pacific
- 6.3.9.1. Rest of Asia Pacific Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.3.9.2. Rest of Asia Pacific Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.3.9.3. Comparative Market Share Analysis, 2021 & 2033
- 6.4. LAMEA
- 6.4.1. LAMEA Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.4.2. LAMEA Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.4.3. Comparative Market Share Analysis, 2021 & 2033
- 6.4.4. Latin America
- 6.4.4.1. Latin America Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.4.4.2. Latin America Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.4.4.3. Comparative Market Share Analysis, 2021 & 2033
- 6.4.5. Middle East
- 6.4.5.1. Middle East Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.4.5.2. Middle East Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.4.5.3. Comparative Market Share Analysis, 2021 & 2033
- 6.4.6. Africa
- 6.4.6.1. Africa Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Organization Size, 2025-2033
- 6.4.6.2. Africa Blockchain in Agriculture and Food Supply Chain Market and Forecast, By Application, 2025-2033
- 6.4.6.3. Comparative Market Share Analysis, 2021 & 2033
- 7. Company Profiles
- 7.1. IBM Corporation
- 7.1.1. Business Overview
- 7.1.2. Financial Performance
- 7.1.3. Product Portfolio
- 7.1.4. Recent Strategic Moves & Applications
- 7.1.5. SWOT Analysis
- 7.2. Microsoft
- 7.2.1. Business Overview
- 7.2.2. Financial Performance
- 7.2.3. Product Portfolio
- 7.2.4. Recent Strategic Moves & Applications
- 7.2.5. SWOT Analysis
- 7.3. SAP SE
- 7.3.1. Business Overview
- 7.3.2. Financial Performance
- 7.3.3. Product Portfolio
- 7.3.4. Recent Strategic Moves & Applications
- 7.3.5. SWOT Analysis
- 7.4. Ambrosus
- 7.4.1. Business Overview
- 7.4.2. Financial Performance
- 7.4.3. Product Portfolio
- 7.4.4. Recent Strategic Moves & Applications
- 7.4.5. SWOT Analysis
- 7.5. Arc.net
- 7.5.1. Business Overview
- 7.5.2. Financial Performance
- 7.5.3. Product Portfolio
- 7.5.4. Recent Strategic Moves & Applications
- 7.5.5. SWOT Analysis
- 7.6. OriginTrail
- 7.6.1. Business Overview
- 7.6.2. Financial Performance
- 7.6.3. Product Portfolio
- 7.6.4. Recent Strategic Moves & Applications
- 7.6.5. SWOT Analysis
- 7.7. Ripe Technology Inc
- 7.7.1. Business Overview
- 7.7.2. Financial Performance
- 7.7.3. Product Portfolio
- 7.7.4. Recent Strategic Moves & Applications
- 7.7.5. SWOT Analysis
- 7.8. VeChain Foundation
- 7.8.1. Business Overview
- 7.8.2. Financial Performance
- 7.8.3. Product Portfolio
- 7.8.4. Recent Strategic Moves & Applications
- 7.8.5. SWOT Analysis
- 7.9. Project Provenance Ltd.
- 7.9.1. Business Overview
- 7.9.2. Financial Performance
- 7.9.3. Product Portfolio
- 7.9.4. Recent Strategic Moves & Applications
- 7.9.5. SWOT Analysis
- 7.10. Chainvine Ltd
- 7.10.1. Business Overview
- 7.10.2. Financial Performance
- 7.10.3. Product Portfolio
- 7.10.4. Recent Strategic Moves & Applications
- 7.10.5. SWOT Analysis
- 7.11. AgriChain Pty Ltd
- 7.11.1. Business Overview
- 7.11.2. Financial Performance
- 7.11.3. Product Portfolio
- 7.11.4. Recent Strategic Moves & Applications
- 7.11.5. SWOT Analysis
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