Crop Insurance Market Outlook, Key Players, Segmentation Analysis and Forecast to 2029


Posted October 30, 2023 by harshada

Crop Insurance Market was valued at US$ 40.52 Bn in 2022 and is expected to reach US$ 61.34 Bn by 2029, at a CAGR of 6.1% during the forecast period.
 
Market Overview:

In a comprehensive analysis of the global Crop Insurance Market, our research team conducted exhaustive primary and secondary research. The secondary research was undertaken to augment existing data, segment the market, estimate its overall size, and project both market size and growth rate.

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Market Scope:

Various methods for determining market value and growth rate have been devised. Our dedicated research team compiled market information and data from a multitude of sources to provide a more precise regional perspective. The study's country-level analysis was based on an examination of numerous regional stakeholders, tax laws, consumer behavior, and macroeconomic data.

Segmentation:

by Coverage Type

Multi-peril Crop Insurance (MPCI)
Crop-hail Insurance

by Distribution Channel

Banks
Insurance Companies
Brokers/Agents
Others

by Type

Crop Yield Insurance
Revenue Insurance

Key Players:

1. Agriculture Insurance Co. of India Ltd.
2. American Financial Group Inc.
3. American International Group Inc.
4. AmTrust Financial Services Inc.
5. AXA Group
6. Chubb Ltd.
7. Groupama Assurances Mutuelles
8. ICICI Bank Ltd.
9. Indian Farmers Fertiliser Cooperative Ltd. (IFFCO)
10. QBE Insurance Group Ltd.
11. Santam Ltd.
12. Sompo Holdings Inc.
13. The New India Assurance Co. Ltd.
14. Tokio Marine Holdings Inc.
15. Zurich Insurance Co. Ltd.

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Regional Insights:

The study offers a country-level examination of the Crop Insurance Market, focusing on segments identified as having high growth potential, countries with the largest market share, and nations with the greatest development opportunities. The geographical breakdown in the Crop Insurance Market study comprises North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations.

COVID-19 Impact Analysis on Crop Insurance Market:

Our analysis delves into macroeconomic data, market trends, underlying variables, and market attractiveness by segment. The COVID-19 (Corona Virus) pandemic has had a significant impact on the entire product industry chain, affecting both upstream and downstream markets, regions, countries, and the future growth of the industry.

Key Questions Answered in the Crop Insurance Market Report:

• Who are the major players in the Crop Insurance Market?
• What key trends are likely to emerge in the Crop Insurance Market in the coming years?
• What is the projected Crop Insurance Market size by 2027?
• Which company held the largest share in the Crop Insurance Market?

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By harshada
Country India
Categories Advertising , Agriculture , Insurance
Tags crop insurance market size , crop insurance market share , crop insurance market analysis , crop insurance market demand , crop insurance market growth
Last Updated October 30, 2023