Latin America Blockchain in Agriculture Market Size, Share, Trends and Forecast by Type, Organization Size, Stakeholder, Provider, Application, and Region, 2025-2033

Latin America Blockchain in Agriculture Market Size, Share, Trends and Forecast by Type, Organization Size, Stakeholder, Provider, Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A30217

Latin America Blockchain in Agriculture Market Size and Share: 

The Latin America blockchain in agriculture market size reached USD 0.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 18.50 Billion by 2033, exhibiting a growth rate (CAGR) of 44.70% during 2025-2033. The increasing demand for supply chain transparency, enhanced traceability, reduced fraud, improved efficiency in transactions, rising adoption of smart contracts, government initiatives for digital transformation, and the need for secure, tamper-proof data management in farming, livestock, and agribusiness operations are some of the major factors positively impacting the Latin America block chain in agriculture market share.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 0.50 Billion 
Market Forecast in 2033 USD 18.50 Billion
Market Growth Rate (2025-2033) 44.70%


Latin America Blockchain in Agriculture Market Trends:

Enhancing Supply Chain Transparency

Blockchain is transforming agricultural supply chains in Latin America by creating a decentralized, tamper-proof ledger for tracking products from farm to consumer. This system eliminates inefficiencies caused by manual record-keeping, reduces fraud, and ensures data integrity. Blockchain enhances trust among farmers, processors, retailers, and consumers by providing verifiable records on product origin, quality, and certifications. Transactions are managed through smart contracts, which minimize time loss and guarantees just payment for producers. Traceability plays an important role in exports, where international standards must be complied with. Therefore, food manufacturers and processors widely use blockchain to verify sustainable sourcing and prevent counterfeiting. In addition, the implementation of blockchain will enable agricultural stakeholders to identify bottlenecks, minimize waste generation, and address food safety issues with more transparency, leading to a positive Latin America blockchain in the agriculture market outlook.

Empowering Smallholder Farmers through Digital Platforms

Blockchain-powered digital platforms are transforming agricultural markets by directly connecting smallholder farmers with larger buyers. Many farmers struggle with limited access to financial services, fair pricing, and real-time market data, exposing them to price volatility and intermediary exploitation. On December 4, 2024, Nuvei launched a blockchain payment solution for merchants in Latin America that streamlines cross-border B2B transactions. This service allows businesses to make payments through Visa-supported physical or virtual cards using stablecoins, thereby improving the speed and accessibility of transactions. Blockchain eliminates intermediaries and allows direct transactions between farmer and buyer, thus enabling better prices and timely payment. Farmers can tokenize their assets, such as crop yields or land, for better access to financing. Transparent and immutable land ownership records are held in a secure digital ledger, reducing conflicts and securing long-term economic stability. The integration of blockchain with financial services helps smallholder farmers gain greater economic resilience, improved decision-making, and increased profitability. This shift strengthens agricultural supply chains, fostering efficiency and transparency, and also significantly contributes to the Latin America blockchain in agricultural market growth.

Latin America Blockchain in Agriculture Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, organization size, stakeholder, provider, and application.

Type Insights:

  • Public
  • Private
  • Hybrid/Consortium

The report has provided a detailed breakup and analysis of the market based on the type. This includes public, private, and hybrid/consortium.

Organization Size Insights:

  • Large Enterprises
  • SMEs

A detailed breakup and analysis of the market based on the organization size have also been provided in the report. This includes large enterprises and SMEs.

Stakeholder Insights:

  • Growers
  • Food Manufacturers/Processors
  • Retailers

The report has provided a detailed breakup and analysis of the market based on the stakeholder. This includes growers, food manufacturers/processors, and retailers.

Provider Insights:

  • Application and Solution
  • Middleware
  • Infrastructure and Protocol

A detailed breakup and analysis of the market based on the provider have also been provided in the report. This includes application and solution, middleware, and infrastructure and protocol.

Application Insights:

  • Product Traceability
  • Tracking and Visibility
  • Payment and Settlement
  • Smart Contracts
  • Governance
  • Risk and Compliance Management

The report has provided a detailed breakup and analysis of the market based on the application. This includes product traceability, tracking and visibility, payment and settlement, smart contracts, governance, and risk and compliance management.

Regional Insights:

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Latin America Blockchain in Agriculture Market News:

  • September 12, 2024: A blockchain company, Tether Holdings invested USD 100 Million to acquire nearly a 10% stake in Adecoagro, which is a leading agro-industrial company operating in Argentina, Uruguay, and Brazil. This strategic move aims to diversify Tether's portfolio into the agriculture and food sectors.
  • February 3, 2025: The Core Foundation announced a USD 5 Million fund to support blockchain development in Latin America. This initiative aims to foster projects in areas such as cross-border payments and remittances, supply chain and logistics, healthcare solutions, social impact initiatives, and agricultural technology (AgTech), among others.

Latin America Blockchain in Agriculture Market Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Scope of the Report

Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:

  • Type
  • Organization Size
  • Stakeholder
  • Provider
  • Application
  • Region
Types Covered Public, Private, Hybrid/Consortium
Organization Sizes Covered Large Enterprises, SMEs
Stakeholders Covered Growers, Food Manufacturers/Processors, Retailers 
Providers Covered Application and Solution, Middleware, Infrastructure and Protocol
Applications Covered Product Traceability, Tracking and Visibility, Payment and Settlement, Smart Contracts, Governance, Risk and Compliance Management
Regions Covered Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the Latin America blockchain in agriculture market performed so far and how will it perform in the coming years?
  • What is the breakup of the Latin America blockchain in agriculture market on the basis of type?
  • What is the breakup of the Latin America blockchain in agriculture market on the basis of organization size?
  • What is the breakup of the Latin America blockchain in agriculture market on the basis of stakeholder?
  • What is the breakup of the Latin America blockchain in agriculture market on the basis of provider?
  • What is the breakup of the Latin America blockchain in agriculture market on the basis of application?
  • What is the breakup of the Latin America blockchain in agriculture market on the basis of region?
  • What are the various stages in the value chain of the Latin America blockchain in agriculture market? 
  • What are the key driving factors and challenges in the Latin America blockchain in agriculture market?
  • What is the structure of the Latin America blockchain in agriculture market and who are the key players?
  • What is the degree of competition in the Latin America blockchain in agriculture market? 

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Latin America blockchain in agriculture market from 2019-2033.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the Latin America blockchain in agriculture market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Latin America blockchain in agriculture industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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Latin America Blockchain in Agriculture Market Size, Share, Trends and Forecast by Type, Organization Size, Stakeholder, Provider, Application, and Region, 2025-2033
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