Blockchain in Agriculture Market Share

  • Report ID: 3416
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Blockchain in Agriculture Market Share

On the basis of geographical analysis, the global market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is set to hold largest revenue share by 2036, on the back of higher adoption of blockchain technology, such as, blockchain in BFSIblockchain in telecom, cryptocurrency, in developed economies, including the United States, and Canada, along with the development in the agriculture sector. The market in Asia Pacific region witnessed or is estimated to witness noteworthy growth over the forecast period on the back of presence of highly unorganized agriculture sector in countries, such as, India, Sri Lanka, and China. Moreover, the economic development in the APAC region and private investment in agriculture sector are estimated to encourage the regional market growth.

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Author Credits:  Abhishek Verma


  • Report ID: 3416
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of blockchain in agriculture is estimated at USD 6.64 billion.

Blockchain in Agriculture Market size was valued at USD 5.14 billion in 2023 and is poised to cross USD 290.77 billion by 2036, registering more than 36.4% CAGR during the forecast period i.e., between 2024-2036. Advantages of blockchain, such as, consumer awareness and demand for full transparency will boost the market growth.

North America is set to hold largest revenue share by 2036, on the back of higher adoption of blockchain technology, such as, blockchain in BFSI, blockchain in telecom, cryptocurrency, in developed economies, including the United States, and Canada, along with the development in the agriculture sector.

The major players in the market are OriginTrail d.o.o., AMBROSUS Inc., Advanced Research Cryptography Ltd., Microsoft, TE-FOOD International GmbH., IBM, Full Profile Pty Ltd, and others.
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