Blockchain in Agriculture Market Overview Key Trends Competitive Landscape (2023-2030)
Blockchain in Agriculture Market Size Was Valued at USD 369.74 Million in 2022 and is Projected to Reach USD 7426.78 Million by 2030, Growing at a CAGR of 45.5% From 2023-2030.
A Blockchain in the Agriculture Market is a digital transaction ledger, prolonged by a network of multiple computing machines that are not dependent on a trusted third party. Individual transaction data files (blocks) are managed through specific software platforms that allow the data to be transmitted, processed, stored, and represented in a human-readable form. The blockchain in the agriculture market saw increasing adoption globally. Key applications included supply chain management, food safety, and traceability. Farmers, retailers, and consumers benefited from the enhanced visibility into the production and distribution processes, leading to improved trust and reduced fraud. Smart contracts, a feature of blockchain, were utilized for automating and ensuring the execution of agreements in the agricultural ecosystem.
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Top Company Profiles Included in the Blockchain in Agriculture Market:
IBM(USA), Microsoft(USA), SAP (Germany), Oracle (USA), Accenture (Ireland), Bosch (Germany), PwC (United Kingdom), Deloitte (USA), EY (United Kingdom), Amazon Web Services (USA), Hyperledger Sawtooth (USA), FoodTrust (USA), Ripe. io (USA), Provenance (United Kingdom)
Blockchain in Agriculture Market Size Was Valued at USD 369.74 Million in 2022 and is Projected to Reach USD 7426.78 Million by 2030, Growing at a CAGR of 45.5% From 2023-2030.
A Blockchain in the Agriculture Market is a digital transaction ledger, prolonged by a network of multiple computing machines that are not dependent on a trusted third party. Individual transaction data files (blocks) are managed through specific software platforms that allow the data to be transmitted, processed, stored, and represented in a human-readable form. The blockchain in the agriculture market saw increasing adoption globally. Key applications included supply chain management, food safety, and traceability. Farmers, retailers, and consumers benefited from the enhanced visibility into the production and distribution processes, leading to improved trust and reduced fraud. Smart contracts, a feature of blockchain, were utilized for automating and ensuring the execution of agreements in the agricultural ecosystem.
Request a Free Sample of the Blockchain in Agriculture Market Report:
https://introspectivemarke...
Top Company Profiles Included in the Blockchain in Agriculture Market:
IBM(USA), Microsoft(USA), SAP (Germany), Oracle (USA), Accenture (Ireland), Bosch (Germany), PwC (United Kingdom), Deloitte (USA), EY (United Kingdom), Amazon Web Services (USA), Hyperledger Sawtooth (USA), FoodTrust (USA), Ripe. io (USA), Provenance (United Kingdom)
07:50 AM - Feb 07, 2024 (UTC)
