Blockchain - Adoption in Agri-Food Market Size, Application, Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2018 - 2023
ID : ME_045767 Format : PDF July, 2019 Publisher : Netscribes Pages : 107
After proving its mettle in the cryptocurrency world, Blockchain (BC), a distributed open ledger technology, has started disrupting other industries such as healthcare, automotive, BFSI, transportation, etc. In the agri-food industry, where the supply chain is a vital part of the industry, BC-based solutions facilitate trust and acceptability.
The outbreak of food-borne illnesses, food frauds and mishandling of produce, has only added to the need for developing track and trace solutions, available with a BC-enabled solution.
Over the years, BC technology has grown and has had a positive influence on the agri-food industry. This trend can only be expected to strengthen over time.
BC solutions for the agri-food industry range from managing food wastes to cost reduction. It has also addressed solutions for crop insurance, fair-trade practices, and established a direct contact between consumers and producers.
This report includes a comprehensive analysis of the adoption of BC technology in the agri-food industry, and highlights the major trends and opportunities across the ecosystem.
Blockchain Impact and Adoption Trend Analysis
This section of the report identifies the segments of the agri-food industry from the perspective of BC technology. This includes a summary of the structure and ecosystem, foundational elements, types of BC and their uses, and a detailed analysis of the impact of this technology on the agri-food industry as a whole.
The section also provides a detailed analysis of the various use cases and applications of BC in agri-food, its benefits, implementation challenges, and the expected timeline for its adoption in agri-food. Moreover, it highlights the future business models and opportunities that are anticipated to arise from the adoption of BC.
This section lists the top startups and technology companies that are making their mark in the industry. Some of the top companies that are focused on agri-food services through BC-enabled agri-food solutions - track and trace, commodity trading and marketplace, asset management, insurance management, etc. - have been profiled in detail. The section also addresses and provides answers to questions pertaining to product offerings and technologies, key developments, funding activities, and an outlook that will define the future of BC in the agri-food industry.
Some of the top technology companies included and profiled in the report are IBM, SAP, Microsoft, Accenture, and AWS. Some of the startups profiled include AgriDigital, WorldCover, Foodlogiq, Indigo Agriculture, and Provenance.
1. Agri-Food Industry - An Overview
1.1. Food & Agriculture - Global Growth
1.2. Agri-Food Industry - Agri-Food Segment Analysis
1.3. Agri-Food Industry - Value Chain Analysis
2.1. Blockchain (BC) and how it works
2.1.1. Agri-Food Industry - Adoption
2.1.2. Agri-Food Industry - Impact
3. BC Impact
3.1. Stimulating the Agri-Food Industry - Building the 'Blocks' with BC
3.2. How BC will Transform the Agri-Food Industry?
4. BC-Agri-Food Industry: Key enablers and challenges
4.1. Challenges: BC-enabled Agri-Food Industry
4.2. Enablers BC-enabled Agri-Food Industry
4.2.1. Supply side (Government Traction and Regulatory Push for Food Safety and Transparency)
4.2.2. Supply side (Innovation and Differentiation (Track & Traceability))
4.2.3. Supply side (Rising Uncertainty)
4.2.4. Demand Side (Changing Consumer Preferences)
4.2.5. Demand Side (Digitization and IT Penetration)
5. Adoption of BC in Agri-Food industry
5.1. BC-enabled Agri-Food: Value Chain Analysis
5.2. BC-enabled Agri-Food: Value Chain Key Stakeholders
5.3. BC Global Use Cases
5.4. BC-enabled Agri-Food - Adoption across Value Chain
5.5. How is BC being Accepted in the Industry?
5.5.1. Overview of Business Models and Ecosystems that are Emerging
220.127.116.11. Agriculture/Primary Producer
5.6. BC Impact: Agri-Food Industry Segment-wise (Technology Adoption Roadmap & Projections)
6. Agri-Food industry - Front runners' strategy
6.1. How the Industry Is Adopting BC through Front Runners?
6.2. Phase-wise BC Adoption in the Agri-Food Industry
6.3. Front Runner's Success Story
7. Startups Story - Regional Adoption & Investment Scenario
7.1. Startups to Write Regional Stories in BC Adoption
7.2. How BC Startups are Venturing into the Industry?
7.2.1. Startups Investment Routes: ICO
7.2.2. Startups Investment Routes: Non-ICO
8. Start-ups' ecosystem
8.1. BC start-ups expected to disrupt Agri-Food industry
8.4. Indigo Agriculture
8.11. Sofocle Technologies
9. Key Innovators
10. Conclusion and Future Roadmap
10.1. Conclusion: An Overview of Current Scenario
10.2. BC-enabled Agri-Food - The future lies here: BC Stake Holder Value Creation
10.3. BC-enabled Agri-Food - The future lies here: BC Stake Holder Value Creation - Stakeholder empowerment & industry consolidation
10.4. IP Approach
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model:
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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