Blockchain in Agriculture Market (and Food Supply Chain) by Application, Provider, Organization Size

The Asia Pacific region is projected to grow at the highest CAGR during the 2018–2023.

•The Asia Pacific region is the fastest growing region in the blockchain in agriculture and food supply chain market. Asia Pacific is one of the leading producers of agricultural produce and food. This means that the probability of food contamination and fraud cases in the supply chain is higher in this region. Most of the countries in Asia Pacific export their food products to other countries. For instance, most of the Asian countries export fruits & vegetables to the European countries, as the highest requirements for food traceability are witnessed in this region. The food industry in the Asia Pacific region is exploring the blockchain technology to comply with the traceability requirements of importing companies.

•This report includes a study of the development strategies adopted by leading companies and their product portfolios. It includes major players such as IBM (US), Microsoft (US), SAPSE (Germany), Ambrosus (Switzerland), Arc-net (Ireland), OriginTrail (Slovenia), Ripe.io (US), VeChain (China), Provenance (UK), ChainVine (UK), AgriDigital (Australia), and BlockGrain (Australia). These players are focusing on expansions, funding, partnerships and collaborations, and new product developments to strengthen their customer base and market position in the blockchain in agriculture and food supply chain market. https://www.marketsandmarkets.com/Market-Reports/blockchain-agriculture-marketand-food-supply-chain-55264825.html