Projecting Tomorrow: Forecasts for the Blockchain in Agriculture and Food Supply Chain Market
Blockchain is steadily becoming an integral part of modern agriculture, enabling secure record-keeping, automated payments, and food traceability. As stakeholders increasingly embrace digital supply chains, the Blockchain In Agriculture And Food Supply Chain Market forecasts offer crucial insights into its future trajectory.
According to MRFR, the market was valued at 180.69 USD Billion in 2024, projected to reach 207.78 USD Billion in 2025, and expected to skyrocket to 839.99 USD Billion by 2035, for a robust CAGR of 14.99% through 2025–2035. These forecasts underscore blockchain’s growing footprint in agri-food supply chains globally.
Emerging forecasts highlight several drivers: increasing regulatory pressure on food safety and traceability, consumer demand for ethically sourced food, and widespread digitization of supply chain operations. Forecast models also emphasize that blockchain adoption will deepen in emerging markets as smallholder farmers join consortia and leverage cloud-based blockchain-as-a-service (BaaS) solutions.
Another forecasted trend is increased use of smart contracts linked with IoT sensors. These connected devices could automate quality checks, trigger payments based on real-time data, and reduce human errors or disputes. Blockchain platforms optimized for low-power devices and low-bandwidth environments are also expected to proliferate, enabling wider adoption on farms with limited infrastructure.
From a macro perspective, analysts predict that blockchain’s role will expand beyond traceability: into sustainability credentials (carbon credits, organic certifications), fair-trade verification, and even micropayments for small farmers. These additional use cases will drive further growth, making the market more resilient and multi-dimensional.
In short, the forecast for the Blockchain In Agriculture And Food Supply Chain Market paints a future of accelerating adoption, smarter contracts, and cross-industry collaboration.
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