Research Methodology – Blockchain in Agriculture and Food Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Blockchain in Agriculture and Food Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Blockchain in Agriculture and Food Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Current users of blockchain in agriculture and food.
- Cost of implementing blockchain technology.
- Estimation of the number of future users/adopters.
- Region-wise adoption of blockchain technology in agriculture.
- Revenue generation of key players via these services.
- Investments in blockchain technology in the agriculture and food industry.
- Market trends influencing the adoption of blockchain technology.
- Trends in agricultural production and food supply chain management.
Key Market Indicators:
- Trends in the adoption of blockchain technology in agriculture and food industry.
- The growth rate of key players in the blockchain in agriculture and food industry.
- Government policies and regulations related to the use of blockchain technology.
- Patents filed relevant to blockchain technology in the agriculture sector.
- Year on Year Growth rate of the market.
- Investment in blockchain technology by agriculture and food-based companies.
Growth Trends:
- Increase in the use of blockchain for traceability and transparency in the food supply chain.
- Adoption of blockchain technology for smart farming.
- Growth in the use of blockchain technology for agricultural insurance.
- Increased investment in blockchain solutions by agri-food businesses.
- The tendency of small and medium enterprises moving towards the adoption of blockchain.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Blockchain in Agriculture and Food Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Blockchain in Agriculture and Food Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
Get This ReportOur Clients:
