Blockchain in Agriculture and Food Market Research Report, 2018-2028
The North America blockchain in agriculture and food market from 2017 to 2028. Total revenue generated in the year 2017 stood at $XX million and is expected to reach $XX million by 2028, denoted by a CAGR of XX% from 2018 to 2028. The regional market growth over the next five years is expected to come from constant product innovation, expansion of automated technologies in small-scale holdings and favorable government support in terms of initiatives and regulations. The major players and blockchain start-ups in the region include IBM Corporation, Filament, Ripe Technology Inc., and Bext360, among others.
Blockchain technology is being extensively researched across all industries in the U.S. Since 2016, fintech giants and retailers across the agri-food sector have been adopting the technology to bring transparency, traceability, and economic benefits along the supply chain. For instance, in January 2017, the Louis Dreyfus Company conducted the first blockchain agriculture commodity transaction of XX tons of the U.S. soybeans to the Chinese government. The trade was completed in a reduced logistics time and cost, as this technology eliminated intermediaries and cut product prices.
This study was designed to answer some of the most crucial questions about the blockchain in agriculture and food market:
• What is the global blockchain in agriculture & food market size in terms of revenue from 2017-2028 along with the growth rate during the forecast period 2018-2028?
• How will the year-on-year growth differ across different phases of growth during the forecast period 2018-2028?
• What is the revenue generated of blockchain solutions for different applications in agriculture and food industry including supply chain tracking, finance management, data management, land and property ownership, and others from 2017-2028 and growth rate during the forecast period of 2018-2028?
• What is the blockchain in agriculture and food market size for different regions across the world including North America, Europe, Asia-Pacific, and Rest-of-the-World?
• What is the current scenario of the regulatory landscape of global blockchain in agriculture and food market and how will it shape up in the next 10 years?
• What are the key global and regional trends and opportunities in the market pertaining to the blockchain technology?
• What are the different use-cases of blockchain in agriculture and food industry?
• How attractive is the market for different stakeholders present in the industry by analyzing the futuristic scenario of blockchain technology?
• What are the major driving forces that tend to increase the demand for blockchain in global agriculture and food industry during the forecast period?
• What are the major challenges inhibiting the growth of the global blockchain in agriculture & food market?
• How are the consortiums and associations impacting the global blockchain in agriculture and food market?
• What is the competitive strength of the key players in the global blockchain in agriculture & food market by analyzing their recent developments, product offerings, and regional presence?
• How has been the funding landscape in global blockchain in agriculture & food market?
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