COVID-19 Impact on Global Blockchain Technology in Agriculture Market

The Global Blockchain Technology in Agriculture Marketisregistered to grow with a CAGR value of 48.11 percent from 2021-2026. The evolution of digital technologies in the food & agriculture sectors, the growing number of food-related frauds, customer transparency, and wide acceptance among small and large organizations are some of the key driving factors supporting market growth. The technology offers various benefits which include high security, automation capability, easy data retrieval, transparency, increase customer loyalty, and widely accepted technology among end-use vendors among others. Increasing funding in agri-based technologies, and smart-agriculture are also boosting the market growth.

Browse 155 Market Data Tables and 117 Figures spread through 185 Pages and in-depth TOC on "Blockchain Technology in Agriculture Market - Forecast to 2026"

https://www.globalmarketestimates.com/market-report/global-blockchain-technology-in-agriculture-market-2610

By Product (Application And Solution Provider, Middleware Provider, Infrastructure and Protocol Provider), By Application (Product Traceability, Tracking, & Visibility, Payment And Settlement, Smart Contracts, Governance, Risk, and Compliance Management), By Organization Size (Large Enterprises, Small and Medium-Sized (SMEs) Enterprises), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Key Market Insights

The technology will grow at a high CAGR between 2021-2026, due to increasing online trading and tracking systems in the supply chain industry.
The application and solution provider segment will register a high growth rate and will continue the trend from 2021-2026.
According to the regional analysis, the North American region occupies the major share in the global market
The key players competing in this market are Microsoft, Provenance, IBM, Agri 10X, Agridigital, SAP SE, Genuino, RIPE.IO, Farm2kitchen Foods Pvt. Ltd, Vechain, Cargochain, Chainvine, Eharvesthub Inc., Agrichain, Viveat, Skuchain, Modum.Io Ag, and Bext360 among others.

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Product Outlook (Revenue, USD Million, 2021-2026)