Agriculture’s New Era: Blockchain Technology As a Game-Changer

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农业的新时代：区块链技术改变游戏规则

关键词：

来源：

Global Market Insights；Global Ag Tech Initiative；

全文链接：

//agri.nais.net.cn/topic/downloadFile/d34d6a56-fbb5-4d31-a4cb-cbb1de0c4946

来源地址：

https://www.globalagtechinitiative.com/digital-farming/agricultures-new-era-blockchain-technology-as-a-game-changer/?utm_source=gp&utm_medium=top_stories_slider&utm_campaign=readmore?utm_source=gp&utm_medium=top_stories_slider&utm_campaign=readmore

资源所属：

农牧业信息化专题

类型：

前沿资讯

语种：

英语

原文发布日期：

2025-01-20

摘要：

The Blockchain in Agricultureand Food Supply Chain Market share will garner a 36% CAGR from 2024 to 2032,fueled by the growing demand for transparency and traceability in food supplychains, coupled with increasing consumer demand for provenance. Consumers areincreasingly seeking assurance about the origin and journey of their foodproducts, prompting businesses to adopt blockchain technology for its abilityto provide immutable records and real-time traceability. This shift towardtransparency helps build trust, ensures product quality, and supportsregulatory compliance, fueling market growth.For instance, in October 2022,BASF Agricultural Solutions launched a “Seed 2 Sew” pilotproject using blockchain to trace sustainably cultivated FiberMax(R) cottonfrom seed to final product, addressing the complexities of cotton supplychains. This initiative highlights the technology’s potential to addresschallenges in sustainability and supply chain management. As companies likeBASF implement blockchain solutions, it demonstrates the increasing importanceand integration of blockchain technology in improving agricultural supplychains and product traceability.The blockchain in theagriculture and food supply chain industry is divided based on type,application, technology, end-user, and region.The food supply chain tracingsegment will observe a noteworthy surge between 2024 and 2032 due to itscritical role in ensuring transparency, traceability, and safety. Blockchaintechnology enables accurate tracking of food products from farm to table, helpingto prevent fraud, reduce waste, and enhance quality control. As consumers andregulators demand greater accountability and transparency in food sourcing, theneed for robust tracing solutions supported by blockchain technology continuesto grow.The food manufacturers segmentwill experience a marked upturn through 2032, propelled by their central rolein production and distribution. Blockchain technology provides foodmanufacturers with enhanced visibility, traceability, and efficiency, allowingfor better management of supply chain processes and quality control. Asmanufacturers seek to optimize operations, reduce costs, and meet regulatoryrequirements, the adoption of blockchain technology becomes increasinglycrucial to ensuring transparency and integrity in the food supply chain.Europe blockchain inagriculture and food supply chain market share will achieve a notable CAGR from2024 to 2032, attributed to its advanced technological infrastructure, strongregulatory frameworks, and significant investments in food safety and traceability.The region’s emphasis on transparency, quality control, and sustainablepractices drives the adoption of blockchain technology. Additionally, Europeangovernments and organizations are actively supporting digital transformation inagriculture and food supply chains. Europe’s progressive approach andregulatory environment position it as a crucial contributor to marketexpansion.