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New York, November 23, 2020 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report “Blockchain in Agriculture and Food Supply Chain Market by Application, Provider, Organization Size And Region – Global Forecast to 2025” – https: // www. reportlinker.com/p05581101/?utm_source=GNW
Major applications of blockchain technology in the food and agriculture sectors include traceability, product tracking and visibility, payment and settlement, smart contract, governance, risk and compliance management. The blockchain market is expected to grow, due to an increased demand for supply chain transparency. The main driver of the blockchain market is the growing number of food fraud cases. The growth RATE of small and medium-sized enterprises is higher as several startups are investing in this market around the world and understand the benefits this technology offers.
By application, the product tracking, traceability and visibility subtype is expected to represent the largest market growth in the specialty greases and oils market during the forecast period.
Using blockchain technology, companies can claim and authenticate their products by providing end customers with knowledge of the product’s complete journey from origin to shelf. Furthermore, the importance of these applications has grown enormously due to the spread of the COVID 19 pandemic.
It is estimated that the blockchain market will only see an increase in the post-pandemic world, as transparency and traceability of the food value chain are seeing a growing need in the global food industry.
By supplier, the applications and solutions provider subtype is expected to be the fastest growing segment in the blockchain in the agriculture and food supply chain market during the forecast period.
Application and solution providers are third-party entities that distribute and manage blockchain solutions for agricultural and food industry customers. These vendors provide blockchain technologies that are more likely to deliver high business value to companies by reducing duplication of transactional data and providing periodic reconciliation and authentication for business and regulatory needs.
Based on the size of the organization, the large enterprise subsegment is expected to account for the highest market share in the blockchain in the agriculture and food supply chain market during the forecast period.
Large organizations have sufficient income and funds to invest in new technologies; Therefore, industry giants such as Walmart (United States), Bumble Bees (United States), Nestlé (Switzerland) and JD.com (China) are adopting blockchain technology on a pilot basis leading to domination of this segment. The agricultural and food market includes leading companies such as IBM Microsoft, SAP SE, ACR-NET and TE-Foods International GmbH, among others providing exquisite blockchain technology platforms.
Disappearance of the primaries
• By company: Tier 1 – 25%; Level 2 – 30%; Level 3 – 45%
• By designation: level C: 35%, level D: 25% and others: 40%
• By region: Asia Pacific – 45%, North America – 30%, Europe – 15%, Rest of the world (RoW) * – 10%.
* Others include sales managers, marketing managers, and product managers.
Note: Three levels of companies are defined based on total revenues in 2018 or 2019, based on the availability of financial data:
Level 1: Revenue> $ 1 billion
Level 2: $ 100 million? Income ? 1 billion dollars
Level 3: Income
The main players described in this report
• IBM (USA)
• Microsoft (USA)
• ACR-NET (Ireland)
• Ambrosus (Switzerland)
• SAP SE (Germany)
• OriginTrail (Solvenia)
• Origin (United Kingdom)
• TE-FOOD International GmbH (Europe)
• FCE Group AG (Switzerland))
• Coin 22 (Netherlands)
• Modum.io AG (Switzerland)
• eHarvestHub Inc. (USA)
• Viveat (Italy)
• GrainChain (USA)
• Genuino (Italy)
VeChain (China)
• Chainvine (UK)
• Ripe.io (USA)
• AgriChain (Australia)
• AgriDigital (Australia)
• Skuchain (USA)
• Agri 10x (India)
• Bext 360 (USA)
Research coverage
This report segments blockchain in the agriculture and food supply chain market based on type, stakeholder, supplier, organization size, application and region. In terms of insights, this research report focuses on various levels of analysis – competitive landscape, end-use analysis, and company profiles – which together understand and discuss basic views on the emerging and high-growth segments of blockchain in the agricultural sector. and power supply chain market, high growth regions, countries, government initiatives, market disruptions, drivers, restraints, opportunities and challenges.
Reasons to buy this report
• To get a complete overview of the blockchain in the agriculture and food supply chain market
• Obtain wide-ranging information on the main players in this sector, on their product portfolios and on the key strategies they adopt
• Obtain information on the main countries / regions where the blockchain market is flourishing in agriculture and the food supply chain
Read the full report: https://www.reportlinker.com/p05581101/?utm_source=GNW
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