Crop Agricultural Insurance Market, Global Outlook and Forecast 2023-2029
The global Crop Agricultural Insurance market was valued at US$ 39310 million in 2022 and is projected to reach US$ 55570 million by 2029, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Agricultural Crop Insurance key players include PICC, Zurich, Chubb, etc. Global top three manufacturers hold a share about 25%.
Americas is the largest market, with a share about 45%, followed by Asia-Pacific and Europe, both have a share over 50 percent.
In terms of product, MPCI is the largest segment, with a share over 90%. And in terms of application, the largest application is Agencies, followed by Brokers.
Agricultural Crop insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of Premiums due to declines in the prices of agricultural commodities.
This report aims to provide a comprehensive presentation of the global market for Crop Agricultural Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Crop Agricultural Insurance. This report contains market size and forecasts of Crop Agricultural Insurance in global, including the following market information:
Global Crop Agricultural Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
We surveyed the Crop Agricultural Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Crop Agricultural Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Crop Agricultural Insurance Market Segment Percentages, by Type, 2022 (%)
Natural Disaster
Non-natural Disaster
Global Crop Agricultural Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Crop Agricultural Insurance Market Segment Percentages, by Application, 2022 (%)
Food Crops
Cash Crops
Other
Global Crop Agricultural Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Crop Agricultural Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Crop Agricultural Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Crop Agricultural Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PICC
Zurich (RCIS)
Chubb
QBE
China United Property Insurance
American Financial Group
Prudential
XL Catlin
Everest Re Group
Sompo International (Endurance Specialty)
CUNA Mutual
Agriculture Insurance Company of India
Tokio Marine
CGB Diversified Services
Farmers Mutual Hail
Archer Daniels Midland
New India Assurance
ICICI Lombard
Outline of Major Chapters:
Chapter 1: Introduces the definition of Crop Agricultural Insurance, market overview.
Chapter 2: Global Crop Agricultural Insurance market size in revenue.
Chapter 3: Detailed analysis of Crop Agricultural Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Crop Agricultural Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
