Agrifood Blockchain Market
Agrifood Blockchain Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Agrifood Blockchain Market Size and Growth
The Agrifood Blockchain market is witnessing significant growth, driven by increasing demand for transparency and traceability in food supply chains. The market size is projected to reach approximately $2 billion by 2026, reflecting a compound annual growth rate of over 40%. Adoption across various sectors is enhancing operational efficiencies and consumer trust. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ IBM
◍ Microsoft
◍ SAP
◍ Ripe.Io
◍ Oracle
◍ Ambrosus
◍ Origintrail
◍ Arc-Net
◍ Blockgrain
◍ Agridigital
◍ Chainvine
◍ Vechain
◍ GitHub
The Agrifood Blockchain Market features key players like IBM, Microsoft, SAP, and VeChain, enhancing traceability and transparency in food supply chains. Companies leverage blockchain for data integrity, smart contracts, and automation, driving market growth. Sales figures: IBM's revenue approx. $57 billion, SAP approx. $35 billion, Oracle approx. $40 billion.
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Market Segmentation
By Application
Growers
Food Manufacturers/Processors
Retailers
Other
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By Product
Private Blockchain
Market Growth
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$ 8.18 Billion
