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Industry Landscape
The AgriTech industry is experiencing rapid growth, driven by the need for sustainable and efficient farming practices. Blockchain technology is increasingly being adopted to address data management and supply chain challenges. Carbon credits are gaining traction as a way to incentivize sustainable agriculture. Data monetization and precision agriculture are key focus areas for industry players. The industry is evolving towards more transparent, data-driven, and environmentally conscious practices.
Total Assets Under Management (AUM)
Agricultural Data Volume in Brazil
~USD Value of Agricultural Output (crops and livestock combined). [1,2,3]. Note that specific data about the market size of the convergence of blockchain and agriculture/livestock in Brazil is immature. The estimate shown is based on overall Brazilian agricultural market statistics.) Ref: [1]IBGE [2] CEPEA [3] World Bank (Aggregated data using agricultural statistics)
(15% (estimated) [1,2] CAGR)
- Increased adoption of precision agriculture
- Growing demand for data-driven insights
- Rise in blockchain applications in agriculture
Total Addressable Market
5 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Driven Data Analytics
AI-powered data analytics enhances precision agriculture by enabling farmers to optimize resource allocation, predict yields, and make data-driven decisions for improved efficiency and sustainability.
Internet of Things (IoT)
IoT sensors and devices provide real-time data on soil conditions, weather patterns, and livestock health, enabling farmers to monitor and manage their operations more effectively, leading to increased productivity and reduced waste.
Digital Twins
Digital twins create virtual representations of farms, allowing farmers to simulate different scenarios, optimize processes, and make informed decisions, leading to improved resource management and increased profitability.
Impactful Policy Frameworks
National Policy on Climate Change (PNMC)
The National Policy on Climate Change (PNMC), established in Brazil in 2009, aims to reduce greenhouse gas emissions and promote sustainable development through various mechanisms, including carbon markets and incentives for low-carbon agriculture.
This policy will increase the demand for carbon credit verification and trading platforms like BovCrypto's, creating new market opportunities and incentivizing sustainable farming practices.
Law No. 13,984/2020 - National Policy for the Promotion of Sustainable Production of Vegetable Oils and Biodiesel
Law No. 13,984/2020 establishes the National Policy for the Promotion of Sustainable Production of Vegetable Oils and Biodiesel, focusing on traceability and sustainable practices within the vegetable oil and biodiesel supply chains.
This law mandates improved traceability and data management in agricultural supply chains, driving the adoption of blockchain solutions like BovCrypto's for secure and transparent data storage and sharing.
Brazilian Forest Code (Law No. 12,651/2012)
The Brazilian Forest Code (Law No. 12,651/2012) regulates the use of land in rural properties, requiring the preservation of native vegetation and promoting sustainable agricultural practices.
This legislation will likely increase demand for tools that support environmental compliance and sustainable agricultural practices, potentially benefiting BovCrypto by making its platform more appealing to farmers.
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