Global Blockchain in
Agriculture and Food Supply Chain Market Segmentation, By
Solution Type (Traceability
and Provenance, Smart Contracts and Agreements, Data Management and Analytics, Sensor
and IoT Integration, Digital Identity and Access Management), By Application (Crop
and Livestock Management, Supply Chain Management, Food Safety and Quality
Control, Fraud Prevention and Traceability, Agriculture Inputs and Services),
By Technology (Blockchain Type {Public, Private, Hybrid},
Consensus Algorithm {PoW, PoS, DPoS}, Blockchain Platform {Hyperledger, Ethereum,
Corda}, IoT and Sensor Integration, Data Management Tools and Frameworks),
By End User (Farmers, Food Suppliers, Retailers, Government
Agencies)- Industry Trends and Forecast to 2033
Global Blockchain in Agriculture
and Food Supply Chain Market size was valued at USD 356.3 million in 2024 and is expected to grow
at a CAGR of 43.4% during the forecast period of 2025 to 2033.
Global Blockchain in Agriculture and Food Supply Chain
Market Overview
The global blockchain in
agriculture and food supply chain marketplace is swiftly rising as a
transformative force, providing superior transparency, traceability, and
performance throughout each degree of the deliver chain. Blockchain generation
allows real-time tracking of foods merchandise from farm to fork, decreasing
fraud, contamination, and foods waste at the same time as enhancing patron
accept as true with and regulatory compliance. It allows secure,
tamper-evidence information sharing amongst stakeholders including farmers,
processors, retailers, and consumers. The developing demand for foods safety,
sustainability, and moral sourcing is similarly riding the adoption of
blockchain. This innovation is revolutionizing agricultural logistics,
payments, and first-class warranty globally.
Global Blockchain in Agriculture and Food Supply Chain
Market Scope
|
Factors |
Description |
|
Years Considered |
·
Historical Period: 2020-2023 ·
Base Year: 2024 ·
Forecast Period: 2025-2033 |
|
Segments |
·
By Solution Type: Traceability and Provenance,
Smart Contracts and Agreements, Data Management and Analytics, Sensor and IoT
Integration, Digital Identity and Access Management ·
By Application: Crop and Livestock Management,
Supply Chain Management, Food Safety and Quality Control, Fraud Prevention
and Traceability, Agriculture Inputs and Services ·
By Technology: Blockchain Type {Public,
Private, Hybrid}, Consensus Algorithm {PoW, PoS, DPoS}, Blockchain Platform
{Hyperledger, Ethereum, Corda}, IoT and Sensor Integration, Data Management
Tools and Frameworks ·
By End User: Farmers, Food Suppliers,
Retailers, Government Agencies |
|
Countries Catered |
North America ·
United States ·
Canada ·
Mexico Europe ·
United Kingdom ·
Germany ·
France ·
Spain ·
Italy ·
Rest of Europe Asia Pacific ·
China ·
India ·
Japan ·
Australia ·
South Korea ·
Rest of Asia Pacific Latin America ·
Brazil ·
Argentina ·
Rest of Latin America Middle East
& Africa ·
Saudi Arabia ·
South Africa ·
Rest of MEA |
|
Key Companies |
·
IBM ·
Cargill ·
Walmart ·
TE-FOOD ·
Ambrosus ·
VeChain ·
Modum |
|
Market Trends |
·
Rise of Agri-FinTech ·
Increasing Smart Contracts in Agri-Trading |
Global Blockchain in Agriculture and Food Supply Chain
Market Dynamics
The global blockchain in
agriculture and food supply chain marketplace is characterised through dynamic
forces shaping adoption, innovation, and fee creation. Demand drivers encompass
developing wishes for transparency, traceability, and fraud prevention
throughout deliver chains, fuelled through growing client expectancies for
ethical, safe, and sustainable foods.
Regulations selling foods protection and sustainability in addition
raise adoption as agencies are seeking immutable information for compliance.
Emerging tendencies contain integration with IoT sensors, AI, and satellite tv
for pc records, growing real-time, tamper-evidence structures that screen
provenance, temperature, environmental conditions, and carbon footprint
throughout farms and logistics operations. Smart contracts are automating
economic settlements, excellent verification, and crop coverage payouts,
decreasing intermediaries whilst growing equity and speed. Key possibilities
encompass increasing programs past easy traceability inclusive of agri-fintech
for micro-loans, carbon credit score tracking, and precision farming that could
empower smallholder farmers, particularly in rising economies. Consumer
engagement fashions like QR-code-primarily based totally scanning, exemplified
through structures like OpenSC, provide emblem differentiation and believe
enhancements.
However, the marketplace faces
constraints: excessive implementation costs, a loss of standardization and
interoperability, and confined technological know-how amongst small-scale
manufacturers hinder great adoption. Scalability concerns, community performance,
and records governance pose extra technical demanding situations as answer
companies scale to enterprise-grade deployment. Overall, the blockchain-enabled
agri-foods atmosphere is poised for transformative growth, with Asia-Pacific
and North America main adoption primarily based totally on regulatory aid,
virtual maturity, and funding momentum. But figuring out this capability would
require constructing accessible, interoperable structures, stakeholder
education, and infrastructure to aid smallholder inclusion and international
scale.
Global Blockchain in
Agriculture and Food Supply Chain Market Segment Analysis
The global blockchain in
agriculture and food supply chain marketplace is segmented into numerous
dimensions, presenting a complete view of the way blockchain packages are
reworking agribusiness and foods systems. By solution type, key segments
consist of traceability and provenance, which make certain obvious facts of
product foundation and adventure throughout the deliver chain, improving foods
protection and accountability. Smart contracts and agreements automate
payments, pleasant checks, and change settlements, decreasing reliance on
intermediaries. Data control and analytics permit predictive insights into crop
yields, logistics, and patron behavior. Sensor and IoT integration connect
blockchain with real-time farm information (e.g., temperature, humidity, soil
conditions), developing a dependable and tamper-evidence dataset. Digital
identification and get right of entry to control stable stakeholder
participation, from farmers to retailers.
By application, blockchain is
implemented in crop and farm animals control (monitoring health, growth, and
genetics), deliver chain control (streamlining logistics and decreasing waste),
foods protection and pleasant control (making sure regulatory compliance),
fraud prevention and traceability (authenticating natural or fair-change
claims), and agriculture inputs and services (monitoring seed pleasant,
fertilizers, and farm machinery). From a generation standpoint, the marketplace
is segmented through blockchain type together with public (open participation),
personal (limited get right of entry to for organization use), and hybrid
models (mixing both). Consensus algorithms consisting of Proof of Work (PoW),
Proof of Stake (PoS), and Delegated Proof of Stake (DPoS) make certain
community integrity and information verification. Popular blockchain systems
consist of Hyperledger (organization-grade), Ethereum (broadly followed for
clever contracts), and Corda (desired for personal transactions). Integration
with IoT and sensor generation complements precision and automation, even as
information control gear and frameworks facilitate large-scale analytics,
interoperability, and stable storage. By end user, the marketplace serves a
huge environment together with farmers (taking advantage of monetary inclusion
and transparency), foods suppliers (making sure traceability and pleasant),
retailers (boosting patron consider via obvious sourcing), and authorities
agencies (tracking foods protection and regulatory compliance).
Global Blockchain in
Agriculture and Food Supply Chain Market Regional Analysis
The international blockchain in
agriculture and food supply chain marketplace reveals sizable nearby versions
pushed with the aid of using technological adoption, authority’s initiatives,
and agri-foods enterprise modernization. North America leads the marketplace
because of the early adoption of superior technologies, robust presence of
blockchain answer providers, and growing client demand for transparency in foods
sourcing. The U.S. has witnessed more than one pilot initiatives and
collaborations among agritech firms, foods giants, and blockchain startups.
Europe follows closely, with nations like Germany, France, and the Netherlands
imposing blockchain in foods traceability and natural certification, supported
with the aid of using stringent foods protection rules and sustainability
goals. In the Asia-Pacific region, fast agricultural digitalization in nations
like China, India, and Australia, alongside growing investments in agri-tech
startups, is fueling growth. Meanwhile, Latin America and MEA are witnessing
slow adoption, especially in nations with export-orientated agriculture
sectors, aiming to enhance international accept as true with and decrease fraud
in foods deliver chains via blockchain-enabled traceability and verification
tools.
Global Blockchain in Agriculture and Food Supply Chain
Market Key Players
·
Cargill
·
Walmart
·
AgriLedger
·
TE-FOOD
·
Ambrosus
·
ChainPoint
·
VeChain
·
FarmTrace
·
Modum
Recent Developments
In April 2024, Microsoft,
in partnership with ITC, announced at the World Agri-Tech 2024, an AI copilot
application called Krishi Mitra which is intended to serve 30,0000 farmers in
India with timely & relevant information to enhance their productivity and
profitability and help them build climate resilience.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.
