Blockchain in Agri Supply Chains Market Forecasts to 2032 – Global Analysis By Component (Platform and Services), Supply Chain Stage, Application, End User and By Geography
Description
According to Stratistics MRC, the Global Blockchain in Agri Supply Chains Market is accounted for $2.7 billion in 2025 and is expected to reach $8.5 billion by 2032 growing at a CAGR of 17.9% during the forecast period. Blockchain in agri supply chains refers to the use of distributed ledger technology to record, verify, and share data across all stakeholders involved in the agricultural value chain. It enables transparent, secure, and tamper-proof tracking of products from farm to fork. Each transaction—such as harvesting, processing, storage, transport, and retail—is time-stamped and verified, ensuring authenticity and reducing fraud. By providing real-time visibility and trust among farmers, processors, distributors, and consumers, blockchain enhances food safety, improves traceability, minimizes inefficiencies, and supports fair trade practices, ultimately promoting sustainability and accountability in agricultural supply chains.
Market Dynamics:
Driver:
Rising demand for food safety and provenance verification
Food safety and provenance verification is driving blockchain integration across farming and distribution networks. Consumers and regulators are increasingly demanding transparency in sourcing, handling, and certification of agricultural products. Blockchain enables immutable records that foster trust and accountability across the supply chain. Retailers and exporters are accelerating adoption to meet compliance and consumer expectations. This driver continues to anchor growth by aligning blockchain with food security and quality assurance.
Restraint:
High implementation costs and infrastructure gaps
Implementation costs and infrastructure gaps are limiting scalability for smallholder farmers and cooperatives. Blockchain deployment requires investment in digital infrastructure, training, and integration with legacy systems. Rural regions with limited connectivity face challenges in adopting decentralized technologies. These barriers reduce accessibility despite strong demand for transparency. The restraint continues to slow down widespread commercialization of blockchain solutions in agriculture.
Opportunity:
Integration with IoT sensors, AI, and satellite monitoring
IoT sensors AI and satellite monitoring are enhancing blockchain-enabled visibility across farming operations. Real-time data on soil health, weather, and logistics is increasingly linked to blockchain records. Predictive analytics powered by AI are accelerating decision-making and resource optimization. Satellite monitoring is fostering traceability in global trade and certification processes. This opportunity is unlocking new value streams and strengthening blockchain’s role in digital agriculture.
Threat:
Data privacy and scalability concerns
Data privacy and scalability concerns are constraining institutional trust in blockchain platforms. Farmers and cooperatives face risks related to unauthorized data access and compliance with evolving regulations. Scalability challenges in handling large transaction volumes degrade efficiency in global supply chains. These issues limit confidence among stakeholders despite blockchain’s transparency benefits. Addressing this threat is critical for achieving secure and scalable blockchain adoption in agriculture.
Covid-19 Impact:
Covid-19 disrupted agricultural supply chains and accelerated demand for blockchain-enabled transparency. Covid-19 accelerated blockchain adoption in agriculture to ensure food safety and supply chain resilience. Lockdowns and logistical bottlenecks highlighted vulnerabilities in traditional tracking systems. Blockchain platforms provided real-time visibility into sourcing, distribution, and certification. Post-pandemic recovery is fostering investment in resilient, decentralized supply chain models. This impact continues to reshape strategies for food security and digital transformation in agriculture.
The traceability & provenance segment is expected to be the largest during the forecast period
The traceability & provenance segment is expected to account for the largest market share during the forecast period due to rising demand for transparency and compliance. Traceability and provenance is driving blockchain adoption across exporters retailers and regulators. Blockchain ensures immutable records that verify authenticity and reduce fraud in agricultural trade. Demand for certified organic and fair-trade products is accelerating adoption of provenance solutions. Integration with IoT and certification bodies is boosting scalability.
The farmers & cooperatives segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the farmers & cooperatives segment is predicted to witness the highest growth rate owing to rising demand for decentralized and inclusive solutions. Farmers and cooperatives are driving blockchain adoption to improve market access and bargaining power. Blockchain platforms enable direct connections with buyers and reduce reliance on intermediaries. Transparent pricing and digital contracts are accelerating adoption among smallholder farmers. Training programs and government support are fostering blockchain integration in rural communities. This segment is expected to outpace others due to its inclusivity and scalability potential.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share due to advanced infrastructure and strong regulatory frameworks. North America is driving blockchain adoption through agribusiness investments and government-led food safety initiatives. Retailers and exporters are integrating blockchain to meet compliance and consumer expectations. Venture capital funding and partnerships with tech providers are accelerating innovation. Demand for traceability and provenance verification is boosting adoption across the region. North America continues to dominate in both volume and technological maturity.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR due to rapid agricultural expansion and digitization. Asia Pacific is driving blockchain adoption through government-led smart farming and food safety programs. Countries like China, India, and Indonesia are investing in blockchain-enabled traceability for exports and domestic markets. Local startups and global players are scaling solutions tailored to smallholder farmers. Rising demand for food security and sustainable practices is propelling adoption. Asia Pacific’s momentum is driven by demographic scale policy support and digital innovation.
Key players in the market
Some of the key players in Blockchain in Agri Supply Chains Market include IBM Food Trust, AgriDigital, Provenance Ltd., Ripe.io, TE-FOOD International GmbH, Farmonaut, OriginTrail, Bext360, GrainChain Inc., AgriLedger Ltd., Ambrosus, VeChain Foundation, BlockApps, Chainvine Ltd. and Arc-Net.
Key Developments:
In October 2025, IBM Food Trust partnered with iFoodDS to strengthen compliance with the FDA Food Traceability Rule (FSMA 204). This collaboration integrates blockchain with food safety software, enabling retailers and suppliers to track produce in real time.
In September 2024, TE-FOOD partnered with regional agribusiness cooperatives in Germany and Hungary to deploy its blockchain-based traceability platform across livestock and fresh produce supply chains. This collaboration enhances compliance with EU food safety regulations and enables farmers and distributors to provide consumers with verified product origins, sustainability claims, and recall management.
Components Covered:
• Platform
• Services
Supply Chain Stages Covered:
• Production
• Processing
• Packaging
• Distribution
• Retail
• Other Supply Chain Stages
Applications Covered:
• Traceability & Provenance
• Smart Payments & Financing
• Inventory & Logistics Management
• Certification & Compliance
• Carbon Credit & Sustainability Tracking
• Other Applications
End Users Covered:
• Farmers & Cooperatives
• Agribusinesses
• Food & Beverage Companies
• Retailers & Distributors
• Government & Regulatory Bodies
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Market Dynamics:
Driver:
Rising demand for food safety and provenance verification
Food safety and provenance verification is driving blockchain integration across farming and distribution networks. Consumers and regulators are increasingly demanding transparency in sourcing, handling, and certification of agricultural products. Blockchain enables immutable records that foster trust and accountability across the supply chain. Retailers and exporters are accelerating adoption to meet compliance and consumer expectations. This driver continues to anchor growth by aligning blockchain with food security and quality assurance.
Restraint:
High implementation costs and infrastructure gaps
Implementation costs and infrastructure gaps are limiting scalability for smallholder farmers and cooperatives. Blockchain deployment requires investment in digital infrastructure, training, and integration with legacy systems. Rural regions with limited connectivity face challenges in adopting decentralized technologies. These barriers reduce accessibility despite strong demand for transparency. The restraint continues to slow down widespread commercialization of blockchain solutions in agriculture.
Opportunity:
Integration with IoT sensors, AI, and satellite monitoring
IoT sensors AI and satellite monitoring are enhancing blockchain-enabled visibility across farming operations. Real-time data on soil health, weather, and logistics is increasingly linked to blockchain records. Predictive analytics powered by AI are accelerating decision-making and resource optimization. Satellite monitoring is fostering traceability in global trade and certification processes. This opportunity is unlocking new value streams and strengthening blockchain’s role in digital agriculture.
Threat:
Data privacy and scalability concerns
Data privacy and scalability concerns are constraining institutional trust in blockchain platforms. Farmers and cooperatives face risks related to unauthorized data access and compliance with evolving regulations. Scalability challenges in handling large transaction volumes degrade efficiency in global supply chains. These issues limit confidence among stakeholders despite blockchain’s transparency benefits. Addressing this threat is critical for achieving secure and scalable blockchain adoption in agriculture.
Covid-19 Impact:
Covid-19 disrupted agricultural supply chains and accelerated demand for blockchain-enabled transparency. Covid-19 accelerated blockchain adoption in agriculture to ensure food safety and supply chain resilience. Lockdowns and logistical bottlenecks highlighted vulnerabilities in traditional tracking systems. Blockchain platforms provided real-time visibility into sourcing, distribution, and certification. Post-pandemic recovery is fostering investment in resilient, decentralized supply chain models. This impact continues to reshape strategies for food security and digital transformation in agriculture.
The traceability & provenance segment is expected to be the largest during the forecast period
The traceability & provenance segment is expected to account for the largest market share during the forecast period due to rising demand for transparency and compliance. Traceability and provenance is driving blockchain adoption across exporters retailers and regulators. Blockchain ensures immutable records that verify authenticity and reduce fraud in agricultural trade. Demand for certified organic and fair-trade products is accelerating adoption of provenance solutions. Integration with IoT and certification bodies is boosting scalability.
The farmers & cooperatives segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the farmers & cooperatives segment is predicted to witness the highest growth rate owing to rising demand for decentralized and inclusive solutions. Farmers and cooperatives are driving blockchain adoption to improve market access and bargaining power. Blockchain platforms enable direct connections with buyers and reduce reliance on intermediaries. Transparent pricing and digital contracts are accelerating adoption among smallholder farmers. Training programs and government support are fostering blockchain integration in rural communities. This segment is expected to outpace others due to its inclusivity and scalability potential.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share due to advanced infrastructure and strong regulatory frameworks. North America is driving blockchain adoption through agribusiness investments and government-led food safety initiatives. Retailers and exporters are integrating blockchain to meet compliance and consumer expectations. Venture capital funding and partnerships with tech providers are accelerating innovation. Demand for traceability and provenance verification is boosting adoption across the region. North America continues to dominate in both volume and technological maturity.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR due to rapid agricultural expansion and digitization. Asia Pacific is driving blockchain adoption through government-led smart farming and food safety programs. Countries like China, India, and Indonesia are investing in blockchain-enabled traceability for exports and domestic markets. Local startups and global players are scaling solutions tailored to smallholder farmers. Rising demand for food security and sustainable practices is propelling adoption. Asia Pacific’s momentum is driven by demographic scale policy support and digital innovation.
Key players in the market
Some of the key players in Blockchain in Agri Supply Chains Market include IBM Food Trust, AgriDigital, Provenance Ltd., Ripe.io, TE-FOOD International GmbH, Farmonaut, OriginTrail, Bext360, GrainChain Inc., AgriLedger Ltd., Ambrosus, VeChain Foundation, BlockApps, Chainvine Ltd. and Arc-Net.
Key Developments:
In October 2025, IBM Food Trust partnered with iFoodDS to strengthen compliance with the FDA Food Traceability Rule (FSMA 204). This collaboration integrates blockchain with food safety software, enabling retailers and suppliers to track produce in real time.
In September 2024, TE-FOOD partnered with regional agribusiness cooperatives in Germany and Hungary to deploy its blockchain-based traceability platform across livestock and fresh produce supply chains. This collaboration enhances compliance with EU food safety regulations and enables farmers and distributors to provide consumers with verified product origins, sustainability claims, and recall management.
Components Covered:
• Platform
• Services
Supply Chain Stages Covered:
• Production
• Processing
• Packaging
• Distribution
• Retail
• Other Supply Chain Stages
Applications Covered:
• Traceability & Provenance
• Smart Payments & Financing
• Inventory & Logistics Management
• Certification & Compliance
• Carbon Credit & Sustainability Tracking
• Other Applications
End Users Covered:
• Farmers & Cooperatives
• Agribusinesses
• Food & Beverage Companies
• Retailers & Distributors
• Government & Regulatory Bodies
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Blockchain in Agri Supply Chains Market, By Component
- 5.1 Introduction
- 5.2 Platform
- 5.3 Services
- 5.3.1 Integration & Deployment
- 5.3.2 Support & Maintenance
- 5.3.3 Consulting
- 6 Global Blockchain in Agri Supply Chains Market, By Supply Chain Stage
- 6.1 Introduction
- 6.2 Production
- 6.3 Processing
- 6.4 Packaging
- 6.5 Distribution
- 6.6 Retail
- 6.7 Other Supply Chain Stages
- 7 Global Blockchain in Agri Supply Chains Market, By Application
- 7.1 Introduction
- 7.2 Traceability & Provenance
- 7.3 Smart Payments & Financing
- 7.4 Inventory & Logistics Management
- 7.5 Certification & Compliance
- 7.6 Carbon Credit & Sustainability Tracking
- 7.7 Other Applications
- 8 Global Blockchain in Agri Supply Chains Market, By End User
- 8.1 Introduction
- 8.2 Farmers & Cooperatives
- 8.3 Agribusinesses
- 8.4 Food & Beverage Companies
- 8.5 Retailers & Distributors
- 8.6 Government & Regulatory Bodies
- 8.7 Other End Users
- 9 Global Blockchain in Agri Supply Chains Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 IBM Food Trust
- 11.2 AgriDigital
- 11.3 Provenance Ltd.
- 11.4 Ripe.io
- 11.5 TE-FOOD International GmbH
- 11.6 Farmonaut
- 11.7 OriginTrail
- 11.8 Bext360
- 11.9 GrainChain Inc.
- 11.10 AgriLedger Ltd.
- 11.11 Ambrosus
- 11.12 VeChain Foundation
- 11.13 BlockApps
- 11.14 Chainvine Ltd.
- 11.15 Arc-Net
- List of Tables
- Table 1 Global Blockchain in Agri Supply Chains Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Blockchain in Agri Supply Chains Market Outlook, By Component (2024-2032) ($MN)
- Table 3 Global Blockchain in Agri Supply Chains Market Outlook, By Platform (2024-2032) ($MN)
- Table 4 Global Blockchain in Agri Supply Chains Market Outlook, By Services (2024-2032) ($MN)
- Table 5 Global Blockchain in Agri Supply Chains Market Outlook, By Integration & Deployment (2024-2032) ($MN)
- Table 6 Global Blockchain in Agri Supply Chains Market Outlook, By Support & Maintenance (2024-2032) ($MN)
- Table 7 Global Blockchain in Agri Supply Chains Market Outlook, By Consulting (2024-2032) ($MN)
- Table 8 Global Blockchain in Agri Supply Chains Market Outlook, By Supply Chain Stage (2024-2032) ($MN)
- Table 9 Global Blockchain in Agri Supply Chains Market Outlook, By Production (2024-2032) ($MN)
- Table 10 Global Blockchain in Agri Supply Chains Market Outlook, By Processing (2024-2032) ($MN)
- Table 11 Global Blockchain in Agri Supply Chains Market Outlook, By Packaging (2024-2032) ($MN)
- Table 12 Global Blockchain in Agri Supply Chains Market Outlook, By Distribution (2024-2032) ($MN)
- Table 13 Global Blockchain in Agri Supply Chains Market Outlook, By Retail (2024-2032) ($MN)
- Table 14 Global Blockchain in Agri Supply Chains Market Outlook, By Other Supply Chain Stages (2024-2032) ($MN)
- Table 15 Global Blockchain in Agri Supply Chains Market Outlook, By Application (2024-2032) ($MN)
- Table 16 Global Blockchain in Agri Supply Chains Market Outlook, By Traceability & Provenance (2024-2032) ($MN)
- Table 17 Global Blockchain in Agri Supply Chains Market Outlook, By Smart Payments & Financing (2024-2032) ($MN)
- Table 18 Global Blockchain in Agri Supply Chains Market Outlook, By Inventory & Logistics Management (2024-2032) ($MN)
- Table 19 Global Blockchain in Agri Supply Chains Market Outlook, By Certification & Compliance (2024-2032) ($MN)
- Table 20 Global Blockchain in Agri Supply Chains Market Outlook, By Carbon Credit & Sustainability Tracking (2024-2032) ($MN)
- Table 21 Global Blockchain in Agri Supply Chains Market Outlook, By Other Applications (2024-2032) ($MN)
- Table 22 Global Blockchain in Agri Supply Chains Market Outlook, By End User (2024-2032) ($MN)
- Table 23 Global Blockchain in Agri Supply Chains Market Outlook, By Farmers & Cooperatives (2024-2032) ($MN)
- Table 24 Global Blockchain in Agri Supply Chains Market Outlook, By Agribusinesses (2024-2032) ($MN)
- Table 25 Global Blockchain in Agri Supply Chains Market Outlook, By Food & Beverage Companies (2024-2032) ($MN)
- Table 26 Global Blockchain in Agri Supply Chains Market Outlook, By Retailers & Distributors (2024-2032) ($MN)
- Table 27 Global Blockchain in Agri Supply Chains Market Outlook, By Government & Regulatory Bodies (2024-2032) ($MN)
- Table 28 Global Blockchain in Agri Supply Chains Market Outlook, By Other End Users (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.