Product Code: 21582
The Global Blockchain in Agriculture Market, valued at USD 272.00 Million in 2024, is projected to experience a CAGR of 41.1% to reach USD 2146.51 Million by 2030. The Global Blockchain in Agriculture Market refers to the application of distributed ledger technology within the agricultural sector to enhance transparency, traceability, and efficiency across the entire supply chain, from farm to consumer. This encompasses solutions for tracking produce, managing supply chains, and facilitating financial transactions.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 272.00 Million |
| Market Size 2030 | USD 2146.5 Million |
| CAGR 2025-2030 | 41.1% |
| Fastest Growing Segment | Smart Contracts |
| Largest Market | North America |
Key Market Drivers
The global blockchain in agriculture market is substantially driven by the imperative for enhanced supply chain traceability and transparency, as stakeholders increasingly demand verifiable information about product origins and journeys. This technology provides an immutable record of every transaction and movement, from farm to consumer, building a robust digital trail that traditional systems cannot match. The enhanced visibility allows for quicker issue identification and greater accountability across the entire value chain. For instance, according to Walmart's Global Tech, in May 2025, "How Walmart's Food Supply Chain Used Blockchain to Enhance Traceability" article, the company reduced the time to trace mangoes from nearly seven days to 2.2 seconds, demonstrating significant improvement in efficiency and response capability.
Key Market Challenges
The substantial investment required for implementing blockchain solutions represents a significant constraint on the growth of the Global Blockchain in Agriculture Market. These high initial costs encompass not only infrastructure development and specialized software but also extensive training for all stakeholders, particularly challenging for small and medium-sized farming operations. The inherent complexity of integrating these advanced technologies further compounds this financial hurdle, creating a considerable barrier to widespread adoption across diverse agricultural value chains.
Key Market Trends
The rise of blockchain-enabled agri-finance and micro-lending solutions addresses critical capital access gaps for farmers. This technology facilitates secure and transparent financial transactions, enhancing creditworthiness and reducing traditional intermediation costs. According to the U. S. Department of Agriculture's Economic Research Service, in February 2023, automated guidance technology was applied to over 50 percent of acreage planted for corn, cotton, rice, sorghum, soybeans, and winter wheat across the U. S. , indicating a foundational readiness for advanced digital financial tools. This digital transformation extends to finance, as exemplified by applications such as Hello Tractor and Agrikore, which provide access to mechanized services and financing to smallholder farmers, thereby improving their livelihoods and productivity.
Key Market Players
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Oracle Corporation
- Accenture PLC
- AirDAO.io
- AgriLedger
- Ripe Technology Inc
- OriginTrail d.o.o
- TE-Food International GmbH.
Report Scope:
In this report, the Global Blockchain in Agriculture Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Blockchain in Agriculture Market, By Type:
- Public
- Private
- Hybrid/Consortium
Blockchain in Agriculture Market, By Organization Size:
Blockchain in Agriculture Market, By Application:
- Product Traceability, Tracking, & Visibility
- Payment, & Settlement
- Smart Contracts
- Governance
- Risk & Compliance Management
Blockchain in Agriculture Market, By Stakeholder:
- Growers
- Food Manufacturers/Processors
- Retailers
Blockchain in Agriculture Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Blockchain in Agriculture Market.
Available Customizations:
Global Blockchain in Agriculture Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Blockchain in Agriculture Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Type (Public, Private, Hybrid/Consortium)
- 5.2.2. By Organization Size (Large Enterprises, SMEs)
- 5.2.3. By Application (Product Traceability, Tracking, & Visibility, Payment, & Settlement, Smart Contracts, Governance, Risk & Compliance Management)
- 5.2.4. By Stakeholder (Growers, Food Manufacturers/Processors, Retailers)
- 5.2.5. By Region
- 5.2.6. By Company (2024)
- 5.3. Market Map
6. North America Blockchain in Agriculture Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Organization Size
- 6.2.3. By Application
- 6.2.4. By Stakeholder
- 6.2.5. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Blockchain in Agriculture Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Type
- 6.3.1.2.2. By Organization Size
- 6.3.1.2.3. By Application
- 6.3.1.2.4. By Stakeholder
- 6.3.2. Canada Blockchain in Agriculture Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Type
- 6.3.2.2.2. By Organization Size
- 6.3.2.2.3. By Application
- 6.3.2.2.4. By Stakeholder
- 6.3.3. Mexico Blockchain in Agriculture Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Type
- 6.3.3.2.2. By Organization Size
- 6.3.3.2.3. By Application
- 6.3.3.2.4. By Stakeholder
7. Europe Blockchain in Agriculture Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Organization Size
- 7.2.3. By Application
- 7.2.4. By Stakeholder
- 7.2.5. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Blockchain in Agriculture Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Type
- 7.3.1.2.2. By Organization Size
- 7.3.1.2.3. By Application
- 7.3.1.2.4. By Stakeholder
- 7.3.2. France Blockchain in Agriculture Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Type
- 7.3.2.2.2. By Organization Size
- 7.3.2.2.3. By Application
- 7.3.2.2.4. By Stakeholder
- 7.3.3. United Kingdom Blockchain in Agriculture Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Type
- 7.3.3.2.2. By Organization Size
- 7.3.3.2.3. By Application
- 7.3.3.2.4. By Stakeholder
- 7.3.4. Italy Blockchain in Agriculture Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Type
- 7.3.4.2.2. By Organization Size
- 7.3.4.2.3. By Application
- 7.3.4.2.4. By Stakeholder
- 7.3.5. Spain Blockchain in Agriculture Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Type
- 7.3.5.2.2. By Organization Size
- 7.3.5.2.3. By Application
- 7.3.5.2.4. By Stakeholder
8. Asia Pacific Blockchain in Agriculture Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Organization Size
- 8.2.3. By Application
- 8.2.4. By Stakeholder
- 8.2.5. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Blockchain in Agriculture Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Type
- 8.3.1.2.2. By Organization Size
- 8.3.1.2.3. By Application
- 8.3.1.2.4. By Stakeholder
- 8.3.2. India Blockchain in Agriculture Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Type
- 8.3.2.2.2. By Organization Size
- 8.3.2.2.3. By Application
- 8.3.2.2.4. By Stakeholder
- 8.3.3. Japan Blockchain in Agriculture Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Type
- 8.3.3.2.2. By Organization Size
- 8.3.3.2.3. By Application
- 8.3.3.2.4. By Stakeholder
- 8.3.4. South Korea Blockchain in Agriculture Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Type
- 8.3.4.2.2. By Organization Size
- 8.3.4.2.3. By Application
- 8.3.4.2.4. By Stakeholder
- 8.3.5. Australia Blockchain in Agriculture Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Type
- 8.3.5.2.2. By Organization Size
- 8.3.5.2.3. By Application
- 8.3.5.2.4. By Stakeholder
9. Middle East & Africa Blockchain in Agriculture Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Organization Size
- 9.2.3. By Application
- 9.2.4. By Stakeholder
- 9.2.5. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Blockchain in Agriculture Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Type
- 9.3.1.2.2. By Organization Size
- 9.3.1.2.3. By Application
- 9.3.1.2.4. By Stakeholder
- 9.3.2. UAE Blockchain in Agriculture Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Type
- 9.3.2.2.2. By Organization Size
- 9.3.2.2.3. By Application
- 9.3.2.2.4. By Stakeholder
- 9.3.3. South Africa Blockchain in Agriculture Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Type
- 9.3.3.2.2. By Organization Size
- 9.3.3.2.3. By Application
- 9.3.3.2.4. By Stakeholder
10. South America Blockchain in Agriculture Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Organization Size
- 10.2.3. By Application
- 10.2.4. By Stakeholder
- 10.2.5. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Blockchain in Agriculture Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Type
- 10.3.1.2.2. By Organization Size
- 10.3.1.2.3. By Application
- 10.3.1.2.4. By Stakeholder
- 10.3.2. Colombia Blockchain in Agriculture Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Type
- 10.3.2.2.2. By Organization Size
- 10.3.2.2.3. By Application
- 10.3.2.2.4. By Stakeholder
- 10.3.3. Argentina Blockchain in Agriculture Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Type
- 10.3.3.2.2. By Organization Size
- 10.3.3.2.3. By Application
- 10.3.3.2.4. By Stakeholder
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Blockchain in Agriculture Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. IBM Corporation
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Microsoft Corporation
- 15.3. SAP SE
- 15.4. Oracle Corporation
- 15.5. Accenture PLC
- 15.6. AirDAO.io
- 15.7. AgriLedger
- 15.8. Ripe Technology Inc
- 15.9. OriginTrail d.o.o
- 15.10. TE-Food International GmbH.
16. Strategic Recommendations
17. About Us & Disclaimer