Lucintel's latest market report analyzed that blockchain in the global agriculture provides attractive opportunities in various applications, such as product traceability, payment & settlement, smart contracts, and governance, risk & compliance management. The blockchain in the global agriculture market is expected to grow at a CAGR of 47%-49%. In this market, large enterprises are the largest segment by organization size, whereas product traceability is largest by application.
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Based on organization size, the blockchain in the global agriculture market is segmented into large enterprises and small & medium-sized enterprises. The large enterprises segment accounted for the largest share of the market in 2020 as most of the organizations all over the world are actively piloting blockchain technology into various processes, or are using it for the food & agriculture sector to reduce food contamination cases.
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The blockchain in the global agriculture market is marked by the presence of several big and small players. Some of the prominent players offering blockchain in the global agriculture include IBM, Microsoft, SAP-SE, Ambrosus, Arc-net, OriginTrail, Ripe.io, VeChain, Provenance, and ChainVine.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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