Blockchain in the World Agriculture Market is Expected to Record a CAGR of 48.8%

Over the forecast period (2019-2025), spend on blockchain is expected to record a CAGR of 48.8%, increasing from US$ 524.8 million in 2019.

November 4, 2019

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The "Global Blockchain in Agriculture Industry Databook Series (2016-2025) - Blockchain Spending in 15 Countries with 12+ KPIs, Market Size and Forecast Across 5+ Application Segments, Type of Blockchain, and Technology (Applications, Services, Hardware)" report found that blockchain spend in the agriculture industry increased 129.3% in 2018, reaching $258 million.

Over the forecast period (2019-2025), spend on blockchain is expected to record a CAGR of 48.8%, increasing from US$ 524.8 million in 2019 to reach US$ 8,489 million by 2025.

The report analyzes market opportunities and risks in adoption of blockchain technology in the agriculture industry across 15 countries. The data centric report consists of 325 charts and 200 tables, providing detailed understanding of market dynamics through 12 KPIs for each of the 15 countries.

In addition, the report covers country level market size/spending forecast on blockchain technology by applications across agriculture industry's value chain, type of blockchain and technology.

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