Blockchain in Agricultural Market is expected to witness market growth at a rate of 46% during the forecast period 2021-2027. Benefits of Blockchain in agriculture include easy and cheap food batch recalls in case of emergencies, availability of the complete history of the product status, increased customer trust and loyalty, fairer payments, approved vendors, and proper compliance management.
A full report of Blockchain in Agricultural Market available at https://www.orionmarketreports.com/blockchain-in-agricultural-market/57223/
Blockchain in Agricultural Market: Segmentation
Based on type:
• Public
• Private
• Hybrid/Consortium
Based on stakeholders:
• Growers
• Food manufacturers/processors
• Retailers
Based on providers:
• Application providers
• Middleware providers
• Infrastructure providers
Based on organization size:
• Small and medium-sized enterprises
• Large enterprises
Based on the application:
• Product traceability, tracking, and visibility
• Payment and settlement
• Smart contract
• Governance, risk, and compliance management
Major Players
• OriginTrail
• Microsoft
• Ambrosus
• IBM Corporation
• Provenance
• SAP-SE
• Arc-net
• Ripe.io
• VeChain
• ChainVine
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)