Blockchain for Sustainable Supply Chains Market Size & Share 2025 – 2034

Blockchain for Sustainable Supply Chains Market Size

The global blockchain for sustainable supply chains market was valued at USD 827.6 million in 2024 and is estimated to register a CAGR of 35.1% between 2025 and 2034.

The growth in e-commerce activities across the globe is driving the market. The integration of blockchain technology with e-commerce helps businesses manage supply chains efficiently while achieving sustainability. There is an increasing demand for sustainable supply chains as customers require higher transparency and efficiency in terms of products and services. For instance, Statista reported that global e-commerce retail sales reached USD 5.8 trillion in 2023. This highlights the need for secure and efficient management of the supply chain worldwide.
 

Government around the world are enforcing stricter sustainability, Environmental Social and Governance (ESG) and supply chain transparency laws. Firms need to comply with these laws to escape legal sanctions and consumer revolt. For example, European union came up with the directive on corporate sustainability due diligence. The directive seeks to encourage sustainable and responsible corporate conduct in companies' activities and throughout their worldwide value chains. It ensures that companies identify and address human rights and environmental impacts of their actions inside and outside Europe.
 

Counterfeiting and fraud in supply chains lead to major risks for businesses such as financial loss, health & safety risks and brand damage. The use of blockchain technology in the supply chain provides decentralized ledger that records every transaction. It makes it nearly impossible for fraudsters to manipulate supply chain data. It is used in various industries such as healthcare, automotive, e-commerce and food & agriculture.
 

Blockchain for Sustainable Supply Chains Market Trends

• The tokenization of sustainable asset technology is on the rise as it is easily tradable, verifiable and trackable. It converts physical assets into digital tokens on a blockchain. It provides validation on sustainable assets such as carbon credit & emission offsets, Renewable Energy Certificates (RECs) and fair & trade organic certifications. Overall, this technology helps with efficient supply chain with sustainability.
   
• The adoption of blockchain-based supply chain finance is growing as it eliminates banking intermediaries. It provides financial services that improve cash flow for suppliers and buyers. It enables faster, cheaper and more transparent financing. It has smart contracts, which are self-executing agreements. They automatically enforce contract terms for quick financing.
   
• For instance, in November 2023, Zetrix initiated a cross-border supply chain financing pilot with the Bank of China and Dixchain. This project aims to enhance the efficiency of financing for international importers and exporters through a fully digital onboarding process. It focuses on providing minimum cost financing alternatives and quicken drawdowns. It has an advantage with on-chain verification of transactions to reduce risks for banks and enhance their ESG ratings.
   
• The integration of Artificial intelligence (AI) and Internet of Things (IoT) is used for real-time blockchain tracking. AI analyzes real-time supply chain data collected by IoT devices to identify frauds and provide forecasts. Blockchain stores the data and makes it trustworthy and unbreakable. This technique increases sustainability and decreases business losses.
   
•  For instance, Walmart and Symbotic entered a USD 520 million deal in January 2025 to create and improve Walmart's online pickup and delivery services. Through this partnership, 400 Walmart Accelerate Pickup and Delivery locations will be automated with cutting-edge AI and IoT technologies. They integrated blockchain technology to improve transparency and traceability in their supply chain.
   
• The most significant barrier to the adoption of blockchain for sustainability supply chains market is high implementation costs. Assembling blockchain structure requires high investment in technology, integration and training. In addition, various industries use different blockchain protocols which lead to interoperability issues.
   

Blockchain for Sustainable Supply Chains Market Analysis

Based on component, the blockchain for sustainable supply chains market is divided into platform and services. In 2024, the platform segment held a market share of around 60% and is expected to cross USD 9 billion by 2034.
 

• The platform segment assists companies to track sustainability efforts, minimize fraud and offer transparency in the supply chain. Companies are leveraging blockchain platforms to comply with ESG and carbon neutrality requirements.
   
• Platforms are developed for carbon credit tracing and trading. It enables companies to verify carbon offset claims. For instance, in September 2022 the Ethereum had a major upgrade to "the merge". It switches from proof-of-work to (PoW) to Proof of Stake (PoS) system. By making this change it dropped its energy usage by more than 99.9%. This has contributed to reducing its carbon footprint and contributed to more sustainable blockchain operations.
   
• Blockchain consulting services are on the rise because businesses need tailored blockchain solutions. It consists of connecting legacy ERPs along with IoT and AI technologies. We also see growing demand for Blockchain-as-a-Service (Baas) as it provides plug-and-play blockchain solutions for supply chain tracking.
   

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Based on technology, the blockchain for sustainable supply chains market is categorized into public blockchain, private blockchain and consortium blockchain. The private blockchain segment held a market share of 40% in 2024.
 

• Private blockchain is used in business supply chains where data confidentiality and operational control are critical. Its access is restricted to a select group of people. It ensures secure access to supply chain data. It is faster than the public blockchain and used in large industrial applications such as food & agriculture and healthcare.
   
• High-value supply chains such as luxury goods and pharmaceuticals need private blockchain for anti-counterfeiting and provenance tracking. Private blockchain work efficiently with IoT sensors and AI-based analytics for actual time supply chain optimizing.
   
• Public blockchain enables self-executing agreements for sustainable procurement and carbon offset validation. Consortium is a semi-decentralized network managed by multiple organizations. Businesses are forming blockchain consortia for traceability, sustainability reporting, and ethical sourcing.
   

Based on application, the blockchain for sustainable supply chains market is segmented into supply chain traceability, certification management, carbon footprint tracking, waste management and supplier compliance. The supply chain traceability segment dominated the market in 2024.
 

• Supply chain traceability ensures authentic sourcing and eliminates fraudulent. It verifies, track and document a product’s journey from raw materials to end users using blockchain technology. Use of IoT and AI with blockchain technology provides live monitoring of goods and services in transit. This application gaining traction due to    consumer demand for transparency in fashion, electronics and food supply chains.
   
• Blockchain ensures tamper-proof verification of sustainability certifications such as organic, fair trade, and eco-friendly standards. Companies use blockchain to measure, report, and verify their carbon emissions and offsets. Blockchain ensures proper recycling, waste tracking, and circular economy initiatives. It monitors supplier sustainability standards, labour conditions, and ethical sourcing practices.
   

Based on deployment model, the blockchain for sustainable supply chains market is segmented into on-premises and cloud. The cloud segment held a market share of around 70% in 2024.
 

• Cloud-based blockchain solutions offer scalable and affordable supply chain management platforms by utilizing cloud infrastructure. For instance, SAP announced its business data cloud in February 2025. It connects an organization's external and SAP data. Its objective is to offer supply chain management infrastructure solutions which are flexible and scalable.
   
• Cloud-based blockchain removes the need for large initial hardware and maintenance expenses. It makes simpler to connect with present cloud apps and services.
   
• On-premises allow enterprises total control over private supply chain data. It provides better data protection and control and is implemented inside a company. It enables tailored solutions to satisfy operational needs.
   

North America dominated the global blockchain for sustainable supply chains market with a major share of over 40% and the U.S. leads the market in the region generating revenue of USD 288.4 million in 2024.
 

• Technical advancements, government backing, and strong business strategy is leading the North America blockchain supply chain market.
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• Blockchain technology is being investigated more and more by US government organizations to improve supply chain security and transparency. For example, an initiative to explore the possibilities of blockchain across government agencies was started by the Joint Financial Management Improvement Program (JFMIP).
   
• The goal of this project is to comprehend how blockchain technology affects the entire government. Its main goal is to make federal operations more efficient and transparent.
   
• Cooperation between supply chain participants and technology suppliers is expanding the U.S. blockchain market in supply chains. They are encouraging the creation of blockchain platforms that are suited to business requirements. Data analytics and connectivity in supply chains are being improved by the combination of blockchain technology with artificial intelligence (AI) and the Internet of Things (IoT).
   

The blockchain for sustainable supply chains market in Germany is expected to experience significant and promising growth from 2025 to 2034.
 

• Germany is leading the blockchain supply chain sector due to strong government regulations and corporate desire to sustainability. Companies in the country are exploring blockchain technology in optimizing supply and value chains sustainability and visibility. Businesses such as Siemens, SAP, and Volkswagen want to simplify their supply chains by using sustainable standards.
   
• The government has established a comprehensive blockchain plan to promote innovation and ensure the security of investments. This plan includes creating a favourable regulatory environment for blockchain applications and promoting electronic securities.
   
• For instance, the European commission adopted an entity by a consortium of 9 member states known as “EUROPEUM-EDIC” in May 2024. The European Blockchain Services Infrastructure (EBSI) will be further deployed and exploited to provide cross-border services throughout the EU, especially public services.
   

The blockchain for sustainable supply chains market in China is expected to expand significantly from 2025 to 2034.
 

• China is dominating the market in APAC region because of its technology advancements and strategic actions. Chinese businesses use blockchain solutions by adhering to government regulations.
   
• China government has introduced strategies to connect blockchain technology into its national data infrastructure. It aims to enhance data security and management. For instance, in March 2024, the Chinese government unveiled plans for a blockchain platform to support the Belt and Road Initiative. It is led by the Shanghai ShuTu Blockchain Research Institute. This project enhances cross-border cooperation and reduces trade friction among participating countries.
   

Blockchain for Sustainable Supply Chains Market Share

• The top 5 companies of blockchain for sustainable supply chain industry are IBM, Microsoft, Oracle, SAP and TraceLink. They collectively hold a market share of around 35% in the market.
   
• IBM implements IBM Blockchain platform for efficient supply chain management. It provides strong solutions designed to increase supply chain efficiency and transparency. Businesses may easily incorporate blockchain into their current systems because of their emphasis on enterprise-grade solutions. Hyperledger Fabric was used by IBM to pioneer IBM Food Trust and TradeLens.
   
• Oracle seamlessly integrates blockchain technology with ERP systems and facilitates effective supply chain management for large companies. The company's blockchain cloud service offers companies supply chain solutions that promise safe transactions and transparent documentation.
   
• Microsoft uses Azure cloud platform to offer Blockchain-as-a-Service (BaaS). It helps businesses to effectively create and run their blockchain networks. This adaptability brings an extensive variety of customers seeking customizable solutions. The company implements sustainable supply chain tracking systems in collaboration with Fortune 500 corporations and regulatory organizations.
   
• TraceLink is prominent in pharmaceutical supply chains. The company uses blockchain to prevent counterfeiting, trace medicines and track compliance. The company caters to large pharma manufacturers, distributors, and healthcare providers, providing a tamper-evident supply chain. The company's Digital Supply Network (DSN) is an enterprise blockchain-powered network that provides real-time visibility, collaboration, and safe transactions throughout supply chains.
   
• SAP is prominent in enterprise resource planning (ERP) systems, which positions it well to integrate blockchain technology into supply chain management. The company’s blockchain solutions support closed-loop supply chains. Its ERP system is widely used by leading manufacturers, retailers, and logistics providers.
   

Blockchain for Sustainable Supply Chains Market Companies

Major players operating in the blockchain for sustainable supply chains industry include:

• ConsenSys
• Hyperledger
• IBM
• Microsoft
• Oracle
• Provenance
• R3
• SAP
• TraceLink
• VeChain
   

Companies are increasingly investing in blockchain-powered supply chain solutions to enhance traceability, security, and automation. They ensure compliance with global sustainability regulations. As businesses prioritize ESG (Environmental, Social, and Governance) goals, blockchain is becoming a necessity for ensuring carbon footprint tracking, ethical sourcing, and transparent supplier compliance. Blockchain integration with supply chain improves operational efficiency throughout complex supply chains and satisfies customer demands.
 

Firms seek to build more sophisticated and resilient supply chain ecosystems for which they are spending on AI-driven smart contracts, real-time blockchain analytics, and decentralized tracking solutions. AI-driven predictive analytics help businesses anticipate supply chain disruptions, detect fraud, and optimize logistics more efficiently. Businesses are using decentralized supply chain finance (SCF) solutions using blockchain to reduce costs and streamline payment processing.
 

Blockchain for Sustainable Supply Chains Industry News

• In January 2025, Fujitsu and Yamato launched Sustainable Shared Transport, a blockchain-based logistics platform in Japan to optimize shipments and reduce empty trips. Fujitsu’s blockchain secures logistics data, with future expansion planned for rail and air transport.
   
• In December 2023, Wipro partnered with Polygon to develop a system known as 'Falcon' to manage supply chains. It is a complete platform made to handle equipment data in global supply chains. The Polygon PoS (Proof of Stake) blockchain network acts as a basic function for this platform. 
   
• In June 2023, Microsoft incorporated blockchain technology into its AI-based carbon accounting tool to assist firms in simplifying ESG reporting and ensuring adherence to sustainability guidelines which includes the European Union’s Corporate Sustainability Reporting Directive (CSRD) rules. It allows people to see clearly into their environmental impact across carbon, water, and waste.
   
• In March 2022, SAP and Unilever announced a pilot of the Green Token by SAP solution to further increase traceability and transparency in Unilever’s global palm oil supply chain. It helps to ensure the palm oil used in its products comes from responsible sources and doesn't contribute to rainforest loss. This solution allows companies to tell what percentage of palm oil products they purchased from a sustainable origin and track it to the end consumer product.
   

The blockchain for sustainable supply chains market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) from 2021 to 2034, for the following segments:

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Market, By Component

• Platform
• Services
  • Maintenance services
  • Consulting services
  • Integration services

Market, By Deployment Model

• On-premises
• Cloud-based

Market, By Organization Size

• SME
• Large enterprises

Market, By Technology

• Public blockchain
• Private blockchain
• Consortium blockchains

Market, By Application

• Supply chain traceability
• Certification management
• Carbon footprint tracking
• Waste management
• Supplier compliance

Market, By End Use

• Agriculture & food
• Fashion & textiles
• Pharmaceuticals
• Automotive
• Retail & consumer goods
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Southeast Asia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • UAE
  • South Africa
  • Saudi Arabia