Global Food Trust Blockchain Market Overview:
Food Trust is one of the biggest and most energetic non-crypto blockchain networks in manufacturing today. IBM Food Trust™ is the first blockchain meals protection answer that lets in transaction companions to confidently and securely share meals information, developing a greater obvious and honest world meals grant chain. Food from throughout the world is handy to shoppers today, regardless of the season, location, or environment. However, the increased preferences and accessibility are accompanied by way of growing complexity in the meals grant chain. Blockchain options require extra than the science for adoption and have an impact on inside corporations and for the duration of industries. IBM Food Trust is no longer solely constructed on an impenetrable and dependable platform, however additionally recognises the indispensable elements for collaboration and motion of all in the meals system. Food Trust affords employer with a set of built-in modules to address the extended complexity and construct believe in the industry.
|Unit||Value (USD Million)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Accumulative Complexity in the Food Supply Chain
- Growing Demand for Food Information from Consumers’ Side Thus Reflects the Need for Transparency and Trust
- Lack of Product Traceability
- Counterfeit Food Products
- Intensification in Funding and Investments in Food Trust Blockchain
- Changing Regulations
- Slow Product Innovation Cycles
Food Trust Blockchain market is highly concentrated among major international players such as IBM, Microsoft, Oracle, SAP, etc. where these companies have their brand of blockchain technologies. North America and Europe market for food trust blockchain are established by key market players, along with the market presence of significant innovators.
Some of the key players profiled in the report are IBM (United States), TE-FOOD International GmbH (Germany), Microsoft (United States), ACR-NET (India), Ambrosus (Switzerland), SAP SE (Germany), OriginTrail (Slovenia), Arc-Net (United Kingdom), Agridigital (Australia) and Ripe.Io (United States). Additionally, following companies can also be profiled that are part of our coverage like Chainvine (United Kingdom) and Vechain (Singapore). Analyst at AMA Research see Global Vendors to retain maximum share of Global Food Trust Blockchain market by 2027. Considering Market by Stakeholders, the sub-segment i.e. Growers will boost the Food Trust Blockchain market.
Latest Market Insights:
In 2020, IBM and Nestle entered into a partnership to allow Nestle to use the IBM Food Trust agency blockchain to hint its Zoégas espresso brand. Zoégas espresso would come with a QR code scanned by using buyers to hint espresso beans to their origin. The IBM Food Trust business enterprise blockchain will file facts about farmers, time of harvest, transaction certificates for particular shipments, as properly as the roasting period.
What Can be Explored with the Food Trust Blockchain Market Study Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Food Trust Blockchain Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Food Trust Blockchain
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food Trust Blockchain market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Food Trust Blockchain market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):
Who are the top performing companies in Food Trust Blockchain Market?
Top performing companies in the Global Food Trust Blockchain market are IBM (United States), TE-FOOD International GmbH (Germany), Microsoft (United States), ACR-NET (India), Ambrosus (Switzerland), SAP SE (Germany), OriginTrail (Slovenia), Arc-Net (United Kingdom), Agridigital (Australia) and Ripe.Io (United States), to name a few.
How is Global Food Trust Blockchain Market forecast is bolstered by Public Blockchain
segment in Global market to hold robust market share owing to "Accumulative Complexity in the Food Supply Chain
Which segment holds the largest market share in Food Trust Blockchain market?
dominated the Food Trust Blockchain market. This is attributable to growing trend of ""