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Blockchain spend in world agriculture market expected to record CAGR of 48.8%

What's more is, blockchain spend is projected to increase from $524.8 million in 2019 to $8,489 million by 2025

sustainability farm
November 1, 2019

Blockchain spend in the agriculture industry increased at 129.3% during 2018 to reach $258 million, and is expected to record a CAGR of 48.8%, increasing from $524.8 million in 2019 to $8,489 million by 2025, according to "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)," a report produced by Research and Markets, Ireland.

This business intelligence report aims to analyze market opportunities and risks in adoption of blockchain technology in agriculture industry across 15 countries.

KEYWORDS: agricultural trend agriculture blockchain technology

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