Global Blockchain Agriculture Food Market Size In 2020 | Top Countries Data with CAGR Value

Blockchain in Agriculture and Food Market - A Global and Regional Analysis

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Analysis and Forecast: 2021-2026 January 2022

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Global Blockchain in Agriculture and Food Market

Table of Content

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Global Blockchain in Agriculture and Food Market

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Table of Content Executive Summary .......................................................................... 26 1

Markets ..................................................................................... 36 1.1

Industry Outlook .............................................................................................. 37

1.1.1 Market Definition ......................................................................................... 37 1.1.2 Supply Chain Analysis ................................................................................ 38 1.1.3 Ecosystem of Blockchain in Agriculture and Food Market ..................... 39 1.2

Business Dynamics ......................................................................................... 40

1.2.1 Business Drivers ......................................................................................... 40 1.2.1.1

Need for Transparency in Supply Chain ............................................................ 40

1.2.1.2

Government Initiatives to Promote Blockchain in Agriculture ............................ 40

1.2.1.3

Stringent Rules

and Regulations

to

Comply

With Sustainability

Requirements .................................................................................................... 41

1.2.2 Business Challenges .................................................................................. 42 1.2.2.1

Lack of Awareness and Technical Know-How ................................................... 42

1.2.2.2

Lack of Standardized Data ................................................................................ 42

1.2.2.3

Issues with Data Management .......................................................................... 42

1.2.3.1

Increasing in Funds and Investments in Agri-Blockchain .................................. 43

1.2.3.2

Complexity in Supply Chains ............................................................................. 44

1.2.3.3

Development of the Small Farmers’ Cooperatives ............................................ 44

1.2.4 Business Strategies .................................................................................... 44 1.2.4.1

Product Development ........................................................................................ 45

1.2.5 Corporate Strategies ................................................................................... 47 1.2.5.1

Partnership and Collaboration ........................................................................... 47

1.2.5.2

Others ................................................................................................................ 50

1.3

Investment Landscape .................................................................................... 51

1.4

Impact of COVID-19 on Global Blockchain in Agriculture and Food Market ............................................................................................................... 52 3

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Global Blockchain in Agriculture and Food Market

1.2.3 Business Opportunities .............................................................................. 43

2

Application ................................................................................ 54 2.1

Global Blockchain in Agriculture and Food Market (by Application) .......... 55

2.1.1 Supply Chain Tracking................................................................................ 56 2.1.2 Finance Management .................................................................................. 57 2.1.3 Data Management ........................................................................................ 61 2.1.4 Land and Property Ownership ................................................................... 65 2.1.5 Others ........................................................................................................... 66 2.2

Demand Analysis of the Global Blockchain in Agriculture and Food Market (by Application) ................................................................................... 66

2.3

Blockchain in Agriculture and Food Market (by Type) ................................. 67

2.3.1 Public Blockchain........................................................................................ 68 2.3.2 Private Blockchain ...................................................................................... 69 2.3.3 Hybrid Blockchain ....................................................................................... 70 2.4

Demand Analysis of the Global Blockchain in Agriculture and Food Market (by Type) .............................................................................................. 70

2.5

Blockchain in Agriculture and Food Market (by Stakeholder) ..................... 71

2.5.1 Growers ........................................................................................................ 71

2.6

Demand Analysis of the Global Blockchain in Agriculture and Food Market (by Stakeholder) .................................................................................. 73

2.7

Global Blockchain in Agriculture and Food Market (by Organization) ....... 74

2.7.1 Large Enterprises ........................................................................................ 75 2.7.2 Small and Medium Enterprises (SMEs) ..................................................... 76 2.8

3

Demand Analysis Global Blockchain in Agriculture and Food Market (by Organization) ............................................................................................. 78

Products .................................................................................... 79 3.1

Global Blockchain in Agriculture and Food Market (by Provider) ............... 80

3.1.1 Application and Solution Provider ............................................................. 80 3.1.2 Middleware Provider ................................................................................... 82 3.1.3 Infrastructure and Protocol Provider ......................................................... 83 4 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

2.5.2 Food Manufacturers and Retailers............................................................. 72

3.2

Demand Analysis Global Blockchain in Agriculture and Food Market (by Provider)..................................................................................................... 84

3.3

Patent Analysis ................................................................................................ 85

3.3.1 Patent Analysis (by Status) ........................................................................ 87 3.3.2 Patents Analysis (by Organization) ........................................................... 88

4

Region ....................................................................................... 89 4.1

North America .................................................................................................. 93

4.1.1 Market ........................................................................................................... 93 4.1.1.1

Key Blockchain Service Providers in North America ......................................... 93

4.1.1.2

Business Drivers ................................................................................................ 94

4.1.1.3

Business Challenges ......................................................................................... 94

4.1.2 Type .............................................................................................................. 94 4.1.2.1

North America Blockchain in Agriculture and Food Market (by Type) ............... 94

4.1.3 Organization ................................................................................................ 95 4.1.3.1

North America Blockchain in Agriculture and Food Market (by Organization) ..................................................................................................... 95

4.1.4 Stakeholder .................................................................................................. 95 4.1.4.1

North America Blockchain in Agriculture and Food Market (by Stakeholder) ........................................................................................................................... 95

4.1.5.1

North America Blockchain in Agriculture and Food Market (by Provider) .......... 96

4.1.6 Application ................................................................................................... 96 4.1.6.1

North America Blockchain in Agriculture and Food Market (by Application) ........................................................................................................................... 96

4.1.7 North America (by Country) ....................................................................... 97 4.1.8 North America (by Country) ....................................................................... 97 4.1.8.1

U.S. .................................................................................................................... 97

4.1.8.1.1

Market ...................................................................................................................... 98

4.1.8.1.1.1 Buyer Attributes ................................................................................................ 98 4.1.8.1.1.2 Key Blockchain Service Providers Operating in the U.S. ................................. 98 5 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

4.1.5 Provider ........................................................................................................ 96

4.1.8.1.1.3 Business Challenges ........................................................................................ 98 4.1.8.1.1.4 Business Drivers ............................................................................................... 98

4.1.8.2

Canada .............................................................................................................. 99

4.1.8.2.1

Market ...................................................................................................................... 99

4.1.8.2.1.1 Buyer Attributes ................................................................................................ 99 4.1.8.2.1.2 Key Blockchain Service Providers Operating in Canada ............................... 100 4.1.8.2.1.3 Business Challenges ...................................................................................... 100 4.1.8.2.1.4 Business Drivers ............................................................................................. 100

4.1.8.3

Mexico ............................................................................................................. 100

4.1.8.3.1

Market .................................................................................................................... 101

4.1.8.3.1.1 Buyer Attributes .............................................................................................. 101 4.1.8.3.1.2 Key Blockchain Service Providers Operating in Mexico................................. 101 4.1.8.3.1.3 Business Challenges ...................................................................................... 101 4.1.8.3.1.4 Business Drivers ............................................................................................. 101

4.1.8.4

Rest-of North America ..................................................................................... 102

4.1.8.4.1

Market .................................................................................................................... 102

4.1.8.4.1.1 Buyer Attributes .............................................................................................. 102 4.1.8.4.1.2 Key Blockchain Service Providers Operating in the Rest-of-North

4.1.8.4.1.3 Business Challenges ...................................................................................... 103 4.1.8.4.1.4 Business Drivers ............................................................................................. 103

4.2

Europe ............................................................................................................ 105

4.2.1 Market ......................................................................................................... 105 4.2.1.1

Key Blockchain Service Providers Operating in Europe .................................. 105

4.2.1.2

Business Drivers .............................................................................................. 106

4.2.1.3

Business Challenges ....................................................................................... 106

4.2.2 Type ............................................................................................................ 106 4.2.2.1

Europe Blockchain in Agriculture and Food Market (by Type) ........................ 106

4.2.3 Organization .............................................................................................. 107

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Global Blockchain in Agriculture and Food Market

America ................................................................................................................. 102

4.2.3.1

Europe Blockchain in Agriculture and Food Market (by Organization) ............ 107

4.2.4 Stakeholder ................................................................................................ 107 4.2.4.1

Europe Blockchain in Agriculture and Food Market (by Stakeholder) ............. 107

4.2.5 Provider ...................................................................................................... 107 4.2.5.1

Europe Blockchain in Agriculture and Food Market (by Provider) ................... 107

4.2.6 Application ................................................................................................. 108 4.2.6.1

Europe Blockchain in Agriculture and Food Market (by Application) ............... 108

4.2.7 Europe (by Country) .................................................................................. 108 4.2.7.1

Malta ................................................................................................................ 108

4.2.7.1.1

Market .................................................................................................................... 109

4.2.7.1.1.1 Buyer Attributes .............................................................................................. 109 4.2.7.1.1.2 Key Blockchain Service Providers Operating in Malta ................................... 109 4.2.7.1.1.3 Business Challenges ...................................................................................... 109 4.2.7.1.1.4 Business Drivers ............................................................................................. 110

4.2.7.2

Estonia ............................................................................................................. 110

4.2.7.2.1

Market .................................................................................................................... 110

4.2.7.2.1.1 Buyer Attributes .............................................................................................. 110 4.2.7.2.1.2 Key Blockchain Service Providers Operating in Estonia ................................ 111

4.2.7.2.1.4 Business Drivers ............................................................................................. 111

4.2.7.3

Switzerland ...................................................................................................... 111

4.2.7.3.1

Market .................................................................................................................... 112

4.2.7.3.1.1 Buyer Attributes .............................................................................................. 112 4.2.7.3.1.2 Key Blockchain Service Providers Operating in Switzerland n ...................... 112 4.2.7.3.1.3 Business Challenges ...................................................................................... 112 4.2.7.3.1.4 Business Drivers ............................................................................................. 113

4.2.7.4

Rest-of-Europe ................................................................................................ 113

4.2.7.4.1

Market .................................................................................................................... 114

4.2.7.4.1.1 Buyer Attributes .............................................................................................. 114

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Global Blockchain in Agriculture and Food Market

4.2.7.2.1.3 Business Challenges ...................................................................................... 111

4.2.7.4.1.2 Key Blockchain Service Providers Operating in the Rest-of-Europe ............. 114 4.2.7.4.1.3 Business Challenges ...................................................................................... 114 4.2.7.4.1.4 Business Drivers ............................................................................................. 114

4.3

U.K. ................................................................................................................. 116

4.3.1 Market ......................................................................................................... 116 4.3.1.1

Buyer Attributes ............................................................................................... 116

4.3.1.2

Key Blockchain Service Providers Operating in the U.K. ................................ 116

4.3.1.3

Business Challenges ....................................................................................... 117

4.3.1.4

Business Drivers .............................................................................................. 117

4.3.2 Type ............................................................................................................ 117 4.3.2.1

U.K. Blockchain in Agriculture and Food Market (by Type) ............................. 117

4.3.3 Organization .............................................................................................. 117 4.3.3.1

U.K. Blockchain in Agriculture and Food Market (by Organization) ................. 117

4.3.4 Stakeholder ................................................................................................ 118 4.3.4.1

U.K. Blockchain in Agriculture and Food Market (by Stakeholder) .................. 118

4.3.5 Provider ...................................................................................................... 118 4.3.5.1

U.K. Blockchain in Agriculture and Food Market (by Provider) ........................ 118

4.3.6 Application ................................................................................................. 119

4.4

U.K. Blockchain in Agriculture and Food Market (by Application) ................... 119

South America ............................................................................................... 121

4.4.1 Market ......................................................................................................... 121 4.4.1.1

Key Blockchain Service Providers Operating in South America ...................... 121

4.4.1.2

Business Drivers .............................................................................................. 122

4.4.1.3

Business Challenges ....................................................................................... 122

4.4.2 Type ............................................................................................................ 122 4.4.2.1

South America Blockchain in Agriculture and Food Market (by Type) ............ 122

4.4.3 Organization .............................................................................................. 123 4.4.3.1

South America Blockchain in Agriculture and Food Market (by Organization) ................................................................................................... 123

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Global Blockchain in Agriculture and Food Market

4.3.6.1

4.4.4 Stakeholder ................................................................................................ 123 4.4.4.1

South America Blockchain in Agriculture and Food Market (by Stakeholder) .................................................................................................... 123

4.4.5 Provider ...................................................................................................... 124 4.4.5.1

South America Blockchain in Agriculture and Food Market (by Provider) ....... 124

4.4.6 Application ................................................................................................. 124 4.4.6.1

South America Blockchain in Agriculture and Food Market (by Application) ......................................................................................................................... 124

4.4.7 South America (by Country) ..................................................................... 125 4.4.7.1

Brazil ................................................................................................................ 125

4.4.7.1.1

Market .................................................................................................................... 126

4.4.7.1.1.1 Buyer Attributes .............................................................................................. 126 4.4.7.1.1.2 Key Blockchain Service Providers Operating in the Brazil ............................. 126 4.4.7.1.1.3 Business Challenges ...................................................................................... 126 4.4.7.1.1.4 Business Drivers ............................................................................................. 126

4.4.7.2

Argentina ......................................................................................................... 126

4.4.7.2.1

Market .................................................................................................................... 127

4.4.7.2.1.1 Buyer Attributes .............................................................................................. 127 4.4.7.2.1.2 Key Blockchain Service Providers Operating in Argentina............................. 127

4.4.7.2.1.4 Business Drivers ............................................................................................. 127

4.4.7.3

Rest-of-South America .................................................................................... 128

4.4.7.3.1

Market .................................................................................................................... 128

4.4.7.3.1.1 Buyer Attributes .............................................................................................. 128 4.4.7.3.1.2 Key Blockchain Service Providers Operating in Rest-of-South America ....... 128 4.4.7.3.1.3 Business Challenges ...................................................................................... 129 4.4.7.3.1.4 Business Drivers ............................................................................................. 129

4.5

China ............................................................................................................... 131

4.5.1 Market ......................................................................................................... 131 4.5.1.1

Buyer Attributes ............................................................................................... 131 9

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Global Blockchain in Agriculture and Food Market

4.4.7.2.1.3 Business Challenges ...................................................................................... 127

4.5.1.2

Key Blockchain Service Providers Operating in China .................................... 132

4.5.1.3

Business Challenges ....................................................................................... 132

4.5.1.4

Business Drivers .............................................................................................. 132

4.5.2 Type ............................................................................................................ 132 4.5.2.1

China Blockchain in Agriculture and Food Market (by Type) ........................... 132

4.5.3 Organization .............................................................................................. 133 4.5.3.1

China Blockchain in Agriculture and Food Market (by Organization) .............. 133

4.5.4 Stakeholder ................................................................................................ 133 4.5.4.1

China Blockchain in Agriculture and Food Market (by Stakeholder) ............... 133

4.5.5 Provider ...................................................................................................... 133 4.5.5.1

China Blockchain in Agriculture and Food Market (by Provider) ..................... 133

4.5.6 Application ................................................................................................. 134 4.5.6.1

4.6

China Blockchain in Agriculture and Food Market (by Application) ................. 134

Asia-Pacific .................................................................................................... 136

4.6.1 Market ......................................................................................................... 136 4.6.1.1

Key Blockchain Service Providers Operating in Asia-Pacific ........................... 136

4.6.1.2

Business Drivers .............................................................................................. 137

4.6.1.3

Business Challenges ....................................................................................... 137

4.6.2.1

Asia-Pacific Blockchain in Agriculture and Food Market (by Type) ................. 137

4.6.3 Organization .............................................................................................. 137 4.6.3.1

Asia-Pacific Blockchain in Agriculture and Food Market (by Organization) ..... 137

4.6.4 Stakeholder ................................................................................................ 138 4.6.4.1

Asia-Pacific Blockchain in Agriculture and Food Market (by Stakeholder) ...... 138

4.6.5 Provider ...................................................................................................... 138 4.6.5.1

Asia-Pacific Blockchain in Agriculture and Food Market (by Provider) ............ 138

4.6.6 Application ................................................................................................. 138 4.6.6.1

Asia-Pacific Blockchain in Agriculture and Food Market (by Application) ........ 138

4.6.7 Asia-Pacific (by Country) .......................................................................... 139 10 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

4.6.2 Type ............................................................................................................ 137

4.6.7.1

Japan ............................................................................................................... 139

4.6.7.1.1

Market .................................................................................................................... 140

4.6.7.1.1.1 Buyer Attributes .............................................................................................. 140 4.6.7.1.1.2 Key Blockchain Service Providers Operating in Japan .................................. 140 4.6.7.1.1.3 Business Challenges ...................................................................................... 140 4.6.7.1.1.4 Business Drivers ............................................................................................. 141

4.6.7.2

Thailand ........................................................................................................... 141

4.6.7.2.1

Market .................................................................................................................... 141

4.6.7.2.1.1 Buyer Attributes .............................................................................................. 141 4.6.7.2.1.2 Key Blockchain Service Providers Operating in Thailand .............................. 142 4.6.7.2.1.3 Business Challenges ...................................................................................... 142 4.6.7.2.1.4 Business Drivers ............................................................................................. 142

4.6.7.3

Singapore ........................................................................................................ 142

4.6.7.3.1

Market .................................................................................................................... 143

4.6.7.3.1.1 Buyer Attributes .............................................................................................. 143 4.6.7.3.1.2 Key Blockchain Service Providers Operating in Singapore............................ 143 4.6.7.3.1.3 Business Challenges ...................................................................................... 143 4.6.7.3.1.4 Business Drivers ............................................................................................. 143

Rest-of-Asia-Pacific ......................................................................................... 143

4.6.7.4.1

Market .................................................................................................................... 145

4.6.7.4.1.1 Buyer Attributes .............................................................................................. 145 4.6.7.4.1.2 Key Blockchain Service Providers Operating in Rest-of-Asia-Pacific ............ 145 4.6.7.4.1.3 Business Challenges ...................................................................................... 145 4.6.7.4.1.4 Business Drivers ............................................................................................. 145

4.7

Middle East and Africa .................................................................................. 146

4.7.1 Market ......................................................................................................... 146 4.7.1.1

Key Blockchain Service Providers Operating in Middle East and Africa ......... 146

4.7.1.2

Business Drivers .............................................................................................. 146

4.7.1.3

Business Challenges ....................................................................................... 146 11

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Global Blockchain in Agriculture and Food Market

4.6.7.4

4.7.2 Type ............................................................................................................ 147 4.7.2.1

Middle East and Africa Blockchain in Agriculture and Food Market (by Type)................................................................................................................ 147

4.7.3 Organization .............................................................................................. 147 4.7.3.1

Middle East and Africa Blockchain in Agriculture and Food Market (by Organization) ................................................................................................... 147

4.7.4 Stakeholder ................................................................................................ 148 4.7.4.1

Middle East and Africa Blockchain in Agriculture and Food Market (by Stakeholder) .................................................................................................... 148

4.7.5 Provider ...................................................................................................... 148 4.7.5.1

Middle East and Africa Blockchain in Agriculture and Food Market (by Provider) .......................................................................................................... 148

4.7.6 Application ................................................................................................. 149 4.7.6.1

Middle East and Africa Blockchain in Agriculture and Food Market (by Application) ...................................................................................................... 149

4.7.7 Middle East and Africa (by Country) ........................................................ 149 4.7.7.1

U.A.E. .............................................................................................................. 149

4.7.7.1.1

Market .................................................................................................................... 150

4.7.7.1.1.1 Buyer Attributes .............................................................................................. 150

4.7.7.1.1.3 Business Challenges ...................................................................................... 151 4.7.7.1.1.4 Business Drivers ............................................................................................. 151

4.7.7.2

Saudi Arabia .................................................................................................... 151

4.7.7.2.1

Market .................................................................................................................... 152

4.7.7.2.1.1 Buyer Attributes .............................................................................................. 152 4.7.7.2.1.2 Key Blockchain Service Providers Operating in Saudi Arabia ....................... 152 4.7.7.2.1.3 Business Challenges ...................................................................................... 152 4.7.7.2.1.4 Business Drivers ............................................................................................. 152

4.7.7.3

South Africa ..................................................................................................... 152

4.7.7.3.1

Market .................................................................................................................... 153

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Global Blockchain in Agriculture and Food Market

4.7.7.1.1.2 Key Blockchain Service Providers Operating in the U.A.E............................. 150

4.7.7.3.1.1 Buyer Attributes .............................................................................................. 153 4.7.7.3.1.2 Key Blockchain Service Providers Operating in South Africa ........................ 153 4.7.7.3.1.3 Business Challenges ...................................................................................... 154 4.7.7.3.1.4 Business Drivers ............................................................................................. 154

4.7.7.4

Rest-of-Middle East and Africa ........................................................................ 154

4.7.7.4.1

Market .................................................................................................................... 155

4.7.7.4.1.1 Buyer Attributes .............................................................................................. 155 4.7.7.4.1.2 Key Blockchain Service Providers Operating in Rest-of-Middle East and Africa ..................................................................................................................... 155 4.7.7.4.1.3 Business Challenges ...................................................................................... 156 4.7.7.4.1.4 Business Drivers ............................................................................................. 156

5

Markets - Competitive Benchmarking & Company Profiles ....... 157 5.1

Competitive Benchmarking .......................................................................... 158

5.2

Market Share Analysis .................................................................................. 160

5.2.1 Market Share Analysis of Global Blockchain in Agriculture and Food Companies ....................................................................................... 160 5.3

Company Profile ............................................................................................ 162

5.3.1 Blockchain Technology Solution Providers ........................................... 162 AgriChain Pty Ltd. ............................................................................................ 162

5.3.1.1.1

Company Overview ................................................................................................ 162

5.3.1.1.1.1 Role of AgriChain Pty Ltd. in the Global Blockchain in Agriculture and Food Market .......................................................................................................... 162 5.3.1.1.1.2 Product Portfolio ............................................................................................. 163 5.3.1.1.2

5.3.1.2

Strengths and Weaknesses of AgriChain Pty Ltd. ................................................. 163

Ambrosus......................................................................................................... 164

5.3.1.2.1

Company Overview ................................................................................................ 164

5.3.1.2.1.1 Role of Ambrosus in the Global Blockchain in Agriculture and Food Market ................................................................................................................... 164 5.3.1.2.1.2 Product Portfolio ............................................................................................. 164 5.3.1.2.1.3 Key Developments.......................................................................................... 165 13 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

5.3.1.1

5.3.1.2.2

5.3.1.3

Strengths and Weaknesses of Ambrosus .............................................................. 165

arc-net.............................................................................................................. 166

5.3.1.3.1

Company Overview ................................................................................................ 166

5.3.1.3.1.1 Role of arc-net in the Global Blockchain in Agriculture and Food Market ...... 166 5.3.1.3.1.2 Product Portfolio ............................................................................................. 166 5.3.1.3.1.3 Key Developments.......................................................................................... 167 5.3.1.3.2

5.3.1.4

Strengths and Weaknesses of arc-net ................................................................... 167

Bext 360........................................................................................................... 168

5.3.1.4.1

Company Overview ................................................................................................ 168

5.3.1.4.1.1 Role of Bext 360 in the Global Blockchain in Agriculture and Food Market ........................................................................................................................ 168 5.3.1.4.1.2 Product Portfolio ............................................................................................. 168 5.3.1.4.1.3 Key Developments.......................................................................................... 169 5.3.1.4.2

5.3.1.5

Strengths and Weaknesses of Bext 360 ................................................................ 169

Coin 22 ............................................................................................................ 170

5.3.1.5.1

Company Overview ................................................................................................ 170

5.3.1.5.1.1 Role of Coin 22 in the Global Blockchain in Agriculture and Food Market ........................................................................................................................ 170 5.3.1.5.1.2 Product Portfolio ............................................................................................. 170

5.3.1.6

Strengths and Weaknesses of Coin 22 ................................................................. 171

Filament ........................................................................................................... 172

5.3.1.6.1

Company Overview ................................................................................................ 172

5.3.1.6.1.1 Role of Filament in the Global Blockchain in Agriculture and Food Market ........................................................................................................................ 172 5.3.1.6.1.2 Product Portfolio ............................................................................................. 173 5.3.1.6.1.3 Key Developments.......................................................................................... 173 5.3.1.6.2

5.3.1.7

Strengths and Weaknesses of Filament ................................................................ 173

FoodCoin Ecosystem....................................................................................... 174

5.3.1.7.1

Company Overview ................................................................................................ 174

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Global Blockchain in Agriculture and Food Market

5.3.1.5.2

5.3.1.7.1.1 Role of FoodCoin Ecosystem in the Global Blockchain in Agriculture and Food Market .......................................................................................................... 174 5.3.1.7.1.2 Product Portfolio ............................................................................................. 175 5.3.1.7.2

5.3.1.8

Strengths and Weaknesses of FoodCoin Ecosystem............................................ 175

Full Profile Pty Ltd............................................................................................ 176

5.3.1.8.1

Company Overview ................................................................................................ 176

5.3.1.8.1.1 Role of Full Profile Pty Ltd in the Global Blockchain in Agriculture and Food Market .......................................................................................................... 176 5.3.1.8.1.2 Product Portfolio ............................................................................................. 177 5.3.1.8.2

5.3.1.9

Strengths and Weaknesses of Full Profile Pty Ltd................................................. 177

IBM Corporation............................................................................................... 178

5.3.1.9.1

Company Overview ................................................................................................ 178

5.3.1.9.1.1 Role of IBM Corporation in the Global Blockchain in Agriculture and Food Market ................................................................................................................... 178 5.3.1.9.1.2 Product Portfolio ............................................................................................. 179 5.3.1.9.1.3 Key Developments.......................................................................................... 179 5.3.1.9.2

Strengths and Weaknesses of IBM Corporation.................................................... 180

5.3.1.10 Obook Holdings Inc. (OwlTing) ........................................................................ 181 5.3.1.10.1 Company Overview ................................................................................................ 181

Food Market .......................................................................................................... 181 5.3.1.10.1.2 Product Portfolio ............................................................................................. 182 5.3.1.10.1.3 Key Developments.......................................................................................... 182 5.3.1.10.2 Strengths and Weaknesses of Obook Holdings Inc. ............................................. 182

5.3.1.11 OriginTrail ........................................................................................................ 183 5.3.1.11.1 Company Overview ................................................................................................ 183 5.3.1.11.1.1 Role of OriginTrail in the Global Blockchain in Agriculture and Food Market ................................................................................................................... 183 5.3.1.11.1.2 Product Portfolio ............................................................................................. 183 5.3.1.11.1.3 Key Developments.......................................................................................... 184

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Global Blockchain in Agriculture and Food Market

5.3.1.10.1.1 Role of Obook Holdings Inc. in the Global Blockchain in Agriculture and

5.3.1.11.2 Strengths and Weaknesses of OriginTrail ............................................................. 184

5.3.1.12 Project Provenance Ltd. .................................................................................. 185 5.3.1.12.1 Company Overview ................................................................................................ 185 5.3.1.12.1.1 Role of Project Provenance Ltd. in the Global Blockchain in Agriculture and Food Market ................................................................................................... 185 5.3.1.12.1.2 Product Portfolio ............................................................................................. 186 5.3.1.12.1.3 Key Developments.......................................................................................... 186 5.3.1.12.2 Strengths and Weaknesses of Project Provenance Ltd. ....................................... 186

5.3.1.13 Ripe Technology Inc. ....................................................................................... 187 5.3.1.13.1 Company Overview ................................................................................................ 187 5.3.1.13.1.1 Role of Ripe Technology Inc. in the Global Blockchain in Agriculture and Food Market .......................................................................................................... 187 5.3.1.13.1.2 Product Portfolio ............................................................................................. 188 5.3.1.13.1.3 Key Developments.......................................................................................... 188 5.3.1.13.2 Strengths and Weaknesses of Ripe Technology Inc. ............................................ 188

5.3.1.14 Microsoft Corporation ...................................................................................... 189 5.3.1.14.1 Company Overview ................................................................................................ 189 5.3.1.14.2 Role of Microsoft Corporation in Global Blockchain in Agriculture Market ............ 189 5.3.1.14.3 Product Portfolio..................................................................................................... 189

5.3.1.14.5 Strength and Weakness of Microsoft Corporation ................................................. 190

5.3.1.15 SAP SE ............................................................................................................ 191 5.3.1.15.1 Company Overview ................................................................................................ 191 5.3.1.15.2 Role of SAP SE in Global Blockchain in Agriculture Market .................................. 191 5.3.1.15.3 Product Portfolio..................................................................................................... 191 5.3.1.15.4 Key Development ................................................................................................... 192 5.3.1.15.5 Strengths and Weaknesses of SAP SE ................................................................. 192

5.3.1.16 TE-Food International GmbH........................................................................... 193 5.3.1.16.1 Company Overview ................................................................................................ 193

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Global Blockchain in Agriculture and Food Market

5.3.1.14.4 Key Development ................................................................................................... 190

5.3.1.16.1.1 Role of TE-Food International GmbH in the Global Blockchain in Agriculture and Food Market ................................................................................. 193 5.3.1.16.1.2 Product Portfolio ............................................................................................. 194 5.3.1.16.1.3 Key Developments.......................................................................................... 194 5.3.1.16.2 Strengths and Weaknesses of TE-Food International GmbH ............................... 194

5.3.2 Retailers Using Blockchain Technology ................................................. 195 5.3.2.1

Walmart ........................................................................................................... 195

5.3.2.1.1

5.3.2.2

Alibaba Group .................................................................................................. 196

5.3.2.2.1

5.3.2.3

Company Overview ................................................................................................ 195

Company Overview ................................................................................................ 196

The Kroger Co. ................................................................................................ 197

5.3.2.3.1

Company Overview ................................................................................................ 197

5.3.3 Food Processors Using Blockchain Technology ................................... 198 Nestle S.A. ....................................................................................................... 198

5.3.3.1.1

5.3.3.2

Tyson Foods Inc. ............................................................................................. 199

5.3.3.2.1

5.3.3.3

Company Overview ................................................................................................ 198

Company Overview ................................................................................................ 199

Danone ............................................................................................................ 200

5.3.3.3.1

Company Overview ................................................................................................ 200

5.3.4 Agricultural OEMs Using Blockchain Technology ................................. 201 5.3.4.1

Deere & Company ........................................................................................... 201

5.3.4.1.1

5.3.4.2

AGCO Corporation .......................................................................................... 202

5.3.4.2.1

5.3.4.3

Company Overview ................................................................................................ 201

Company Overview ................................................................................................ 202

CNH Industrial N.V. ......................................................................................... 203

5.3.4.3.1

Company Overview ................................................................................................ 203

5.3.5 Food Distributors Using Blockchain Technology .................................. 204 5.3.5.1

Sysco Corporation ........................................................................................... 204

5.3.5.1.1

Company Overview ................................................................................................ 204

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Global Blockchain in Agriculture and Food Market

5.3.3.1

5.3.5.2

McLane Company............................................................................................ 205

5.3.5.2.1

Company Overview ................................................................................................ 205

5.3.6 Agricultural Commodity Traders Using Blockchain Technology.......... 206 5.3.6.1

Louis Dreyfus Company B.V. ........................................................................... 206

5.3.6.1.1

5.3.6.2

Cargill Inc. ........................................................................................................ 207

5.3.6.2.1

5.3.6.3

Company Overview ................................................................................................ 208

Bunge Limited .................................................................................................. 209

5.3.6.4.1

6

Company Overview ................................................................................................ 207

Archer Daniels Midland Company ................................................................... 208

5.3.6.3.1

5.3.6.4

Company Overview ................................................................................................ 206

Company Overview ................................................................................................ 209

Research Methodology ............................................................ 210 6.1

Data Sources .................................................................................................. 210

6.1.1 Primary Data Sources ............................................................................... 210 6.1.2 Secondary Data Sources .......................................................................... 210 6.1.3 Data Triangulation ..................................................................................... 212 Market Estimation and Forecast ................................................................... 213

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Global Blockchain in Agriculture and Food Market

6.2

List of Figures Figure 1:

Global Blockchain in Agriculture and Food Market, $Million, 2020-2026

Figure 2:

Market Drivers and Challenges in Global Blockchain in Agriculture and Food Market

Figure 3:

Global Blockchain in Agriculture and Food Market (by Type), $Million, 2020 and 2026

Figure 4:

Global Blockchain in Agriculture and Food Market (by Organization), $Million, 2020 and 2026

Figure 5:

Global Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 2020 and 2026

Figure 6:

Global Blockchain in Agriculture and Food Market (by Provider), $Million, 2020 and 2026

Figure 7:

Global Blockchain in Agriculture and Food Market (by Application), $Million, 2020 and 2026

Figure 8:

Global Blockchain in Agriculture and Food Market (by Region), $Million, 2020

Figure 9:

Global Blockchain in Agriculture and Food Market Coverage

Figure 10:

Blockchain in Agriculture and Food Supply Chain

Figure 11:

Global Blockchain in Agriculture and Food Market Ecosystem

Figure 12:

Share of Key Market Strategies and Developments, January 2018–November 2021

Figure 13:

Share of Key Market Strategies and Developments by Major Market Players, January 2018–

Figure 14:

Global Blockchain in Agriculture and Food Market (by Application)

Figure 15:

Features of Blockchain-Powered Supply Chain

Figure 16:

Benefits of Blockchain in Agriculture Finance

Figure 17:

Type of Finance Management Application

Figure 18:

Types of Data Management Applications

Figure 19:

Importance of Record Keeping

Figure 20:

Types of Blockchain in Agriculture and Food Market

Figure 21:

Global Blockchain in Agriculture and Food Market, (by Type), $Million, 2020-2026

Figure 22:

Public Blockchain Network

Figure 23:

Private Blockchain Network

Figure 24:

Hybrid Blockchain Network

Figure 25:

Advantages of Blockchain for Growers

Figure 26:

Blockchain for Food Manufacturers and Retailers

Figure 27:

Global Blockchain in Agriculture and Food Market (by Organization)

Figure 28:

Global Blockchain in Agriculture and Food Market (by Provider)

Figure 29:

Global Blockchain in Agriculture and Food Patent Trend (2005-2021) 19

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Global Blockchain in Agriculture and Food Market

November 2021

Figure 30:

Year-Wise Total Number of Patents for Global Blockchain in Agriculture and Food Market (January 2015-December 2021)

Figure 31:

Patent Analysis (by Status), January 2015-December 2021

Figure 32:

Year-Wise Total Patents Filed or Granted for Global Blockchain in Agriculture and Food

Figure 33:

Patents Analysis (by Organization), January 2015-December 2021

Figure 34:

Competitive Market High and Low Matrix

Figure 35:

Market Share Analysis of Blockchain in Agriculture and Food Companies, 2020

Figure 36:

Global Blockchain in Agriculture and Food Market: Research Methodology

Figure 37:

Data Triangulation

Figure 38:

Top-Down and Bottom-Up Approach

Figure 39:

Assumptions and Limitations

20 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

Market (January 2015-December 2021)

List of Tables Table 1:

Product Development (by Company), January 2018–November 2021

Table 2:

Partnership and Collaboration (by Company), January 2018–November 2021

Table 3:

Key Investments Made by Players Operating in the Global Blockchain in Agriculture and Food

Table 4:

Blockchain Products for Payment in Agriculture

Table 5:

Blockchain Products for Product Provenance Data in Agriculture

Table 6:

Global Blockchain in Agriculture and Food Market (by Application), $Million, 2020-2026

Table 7:

Global Blockchain in Agriculture and Food Market (by Type), $Million, 2020-2026

Table 8:

Global Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 2020-2026

Table 9:

Large Enterprises Using Blockchain in their Operations

Table 10:

SMEs and their Initiatives Toward Blockchain Integration

Table 11:

Global Blockchain in Agriculture and Food Market (by Organization), $Million, 2020-2026

Table 12:

Product Offerings by Application and Solution Providers

Table 13:

Product Offerings by Middleware Provider

Table 14:

Product Offerings by Infrastructure and Protocol Provider

Table 15:

Global Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 16:

Global Blockchain in Agriculture and Food Market (by Region), $Million, 2020-2026

Table 17:

North America Blockchain in Agriculture and Food Market (by Type), $Million, 2020-2026

Table 18:

North America Blockchain in Agriculture and Food Market (by Organization), $Million, 20202026

Table 19:

North America Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 20202026

Table 20:

North America Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 21:

North America Blockchain in Agriculture and Food Market (by Application), $Million, 20202026

Table 22:

North America Blockchain in Agriculture and Food Market (by Country), $Million, 2020-2026

Table 23:

Europe Blockchain in Agriculture and Food Market (by Type), $Million, 2020-2026

Table 24:

Europe Blockchain in Agriculture and Food Market (by Organization), $Million, 2020-2026

Table 25:

Europe Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 2020-2026

Table 26:

Europe Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 27:

Europe Blockchain in Agriculture and Food Market (by Application), $Million, 2020-2026 21

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Global Blockchain in Agriculture and Food Market

Market

Table 28:

Europe Blockchain in Agriculture and Food Market (by Country), $Million, 2020-2026

Table 29:

U.K. Blockchain in Agriculture and Food Market (by Type), $Million, 2020-2026

Table 30:

U.K. Blockchain in Agriculture and Food Market (by Organization), $Million, 2020-2026

Table 31:

U.K. Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 2020-2026

Table 32:

U.K. Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 33:

U.K. Blockchain in Agriculture and Food Market (by Application), $Million, 2020-2026

Table 34:

South America Blockchain in Agriculture and Food Market (by Type), $Million, 2020-2026

Table 35:

South America Blockchain in Agriculture and Food Market (by Organization), $Million, 20202026

Table 36:

South America Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 20202026

Table 37:

South America Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 38:

South America Blockchain in Agriculture and Food Market (by Application), $Million, 2020-

Table 39:

South America Blockchain in Agriculture and Food Market (by Country), $Million, 2020-2026

Table 40:

China Blockchain in Agriculture and Food Market (by Type), $Million, 2020-2026

Table 41:

China Blockchain in Agriculture and Food Market (by Organization), $Million, 2020-2026

Table 42:

China Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 2020-2026

Table 43:

China Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 44:

China Blockchain in Agriculture and Food Market (by Application), $Million, 2020-2026

Table 45:

Asia-Pacific Blockchain in Agriculture and Food Market (by Type), $Million, 2020-2026

Table 46:

Asia-Pacific Blockchain in Agriculture and Food Market (by Organization), $Million, 2020-2026

Table 47:

Asia-Pacific Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 2020-2026

Table 48:

Asia-Pacific Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 49:

Asia-Pacific Blockchain in Agriculture and Food Market (by Application), $Million, 2020-2026

Table 50:

Asia-Pacific Blockchain in Agriculture and Food Market (by Country), $Million, 2020-2026

Table 51:

Middle East and Africa Blockchain in Agriculture and Food Market (by Type), $Million, 20202026

Table 52:

Middle East and Africa Blockchain in Agriculture and Food Market (by Organization), $Million, 2020-2026

Table 53:

Middle East and Africa Blockchain in Agriculture and Food Market (by Stakeholder), $Million, 2020-2026

22 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

2026

Table 54:

Middle East and Africa Blockchain in Agriculture and Food Market (by Provider), $Million, 2020-2026

Table 55:

Middle East and Africa Blockchain in Agriculture and Food Market (by Application), $Million, 2020-2026

Table 56:

Middle East and Africa Blockchain in Agriculture and Food Market (by Country), $Million,

Table 57:

AgriChain Pty Ltd.: Product Portfolio

Table 58:

Ambrosus: Product Portfolio

Table 59:

Ambrosus: Key Developments

Table 60:

arc-net: Product Portfolio

Table 61:

arc-net: Key Developments

Table 62:

Bext 360: Product Portfolio

Table 63:

Bext 360: Key Developments

Table 64:

Coin 22: Product Portfolio

Table 65:

Filament: Product Portfolio

Table 66:

Filament: Key Developments

Table 67:

FoodCoin Ecosystem: Product Portfolio

Table 68:

Full Profile Pty Ltd: Product Portfolio

Table 69:

IBM Corporation: Product Portfolio

Table 70:

IBM Corporation: Key Developments

Table 71:

Obook Holdings Inc.: Product Portfolio

Table 72:

Obook Holdings Inc.: Key Developments

Table 73:

OriginTrail: Product Portfolio

Table 74:

OriginTrail: Key Developments

Table 75:

Project Provenance Ltd.: Product Portfolio

Table 76:

Project Provenance Ltd.: Key Developments

Table 77:

Ripe Technology Inc.: Product Portfolio

Table 78:

Ripe Technology Inc.: Key Developments

Table 79:

Microsoft Corporation: Product Portfolio

Table 80:

Microsoft Corporation: Key Developments

Table 81:

SAP SE: Product Portfolio

Table 82:

SAP SE: Key Developments

23 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

2020-2026

TE-Food International GmbH: Product Portfolio

Table 84:

TE-Food International GmbH: Key Developments

24 All rights reserved at BIS Research Inc.

Global Blockchain in Agriculture and Food Market

Table 83:

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