Global Crop Insurance Market Report 2024

Crop Insurance Global Market Report 2024 – By Type (Crop Yield Insurance, Crop Revenue Insurance), By Coverage (Multi-Peril Crop Insurance (MPCI), Crop-Hail Insurance), By Distribution Channel (Banks, Insurance Companies, Brokers Or Agents, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2024-2033

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Crop Insurance Market Definition And Segments

Crop insurance is a comprehensive, yield-based policy designed to cover losses incurred by farmers as a result of production issues. It covers losses caused by climatic conditions, accidents, or any other unfavorable conditions that result in a decrease in a farmer’s revenue.

The main types of crop insurance are crop yield insurance and crop revenue insurance. Crop yield insurance is a comprehensive yield-based policy meant to compensate farmers' losses arising due to production problems and used to protect the agriculturist against financial losses due to uncertainties that may arise from crop failures/losses arising from named or all unforeseen perils beyond their control. The major coverages are multi-peril crop insurance (MPCI) and crop-hail insurance which is distributed via banks, insurance companies, brokers or agents, and others.

The crop insurance market covered in this report is segmented –

1) By Type: Crop Yield Insurance, Crop Revenue Insurance

2) By Coverage: Multi-Peril Crop Insurance (MPCI), Crop-Hail Insurance

3) By Distribution Channel: Banks, Insurance Companies, Brokers Or Agents, Other Distribution Channels

The crop insurance market size has grown strongly in recent years. It will grow from $40.05 billion in 2023 to $43.49 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to volatility in weather patterns, government support programs, globalization of agriculture, market liberalization, financial sector participation, natural disasters and catastrophes.

The crop insurance market size is expected to see strong growth in the next few years. It will grow to $60.66 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to climate-resilient crop varieties, education and awareness programs, market-driven insurance solutions, data analytics and remote sensing, index-based insurance. Major trends in the forecast period include technological integration, blockchain for transparency, integration with agtech solutions, customization and flexibility, data analytics for predictive modeling, innovative premium payment models.

Rising Frequency Of Adverse Weather Events Fuels Growth In The Crop Insurance Market

The increasing incidence of adverse weather conditions is expected to propel the growth of the crop insurance market going forward. Adverse weather refers to hazardous weather conditions, such as hurricanes, floods, blizzards, disease, wildfires, and extremely hot or extremely cold temperatures. Crop insurance helps to lessen the hardship of the insured farmers by protecting them against the possibility of financial loss due to predicted crop loss brought on by the occurrence of an unfavorable weather conditions such as rainfall, temperature, frost, humidity, etc. For instance, in August 2021, according to the World Metrological Organization, a Switzerland-based agency of the United Nations responsible for promoting international cooperation on atmospheric science, climatology, hydrology, and geophysics, over the previous 50 years, there has been an average of one weather, climate, or water-related disaster per day, with 115 fatalities and daily losses of $ 202 million. Therefore, the increasing incidence of adverse weather conditions will drive the crop insurance market.

Internet Of Things (IOT) Devices Fuel Growth In Crop Insurance Market

The increasing adoption of Internet of Things (IoT) Devices is expected to propel the growth of the crop insurance market going forward. IoT devices refer to physical objects or devices that are embedded with sensors, software, and connectivity capabilities to collect and exchange data over the internet. Internet of Things (IoT) devices are used in crop insurance to monitor crop health, soil conditions, weather, and other environmental conditions, which assist in assessing risks related to weather anomalies or pest infestations, helping insurers to provide more accurate, farm-specific policies. For instance, in April 2022, according to CRO Forum,2022, highlights, a Netherlands based high level discussion group of risk manager published IoT risks from an insurance perspective report, it is anticipated that it would reach to 24.1 billion IoT devices by 2030. Additionally, In March 2023, according to Exploding Topics, a US-based online platform that provides insights into emerging and trending topics, by 2030, it is anticipated that there will be 25.4 billion IoT devices. Therefore, the increasing adoption of Internet of Things (IoT) Devices is driving the growth of the crop insurance market.

Major companies operating in the crop insurance market report are Agriculture Insurance Company of India Limited, American Financial Group Inc., Chubb Corporation, ICICI Lombard General Insurance Company Limited, QBE Insurance Group Limited, Sompo International Holdings Ltd., Tokio Marine Holdings Inc., Zurich Insurance Company Ltd., Philippine Crop Insurance Corporation, AXA S.A., People's Insurance Company of China (Group) Co. Ltd., Fairfax Financial Holdings Limited, American International Group Inc., AmTrust Financial Services Inc., Santam Limited, China United Property Insurance Company Limited, XL Group Ltd., Everest Reinsurance Holdings Inc., Endurance Specialty Holdings Ltd., CUNA Mutual Group, CGB Diversified Services Inc., Farmers Mutual Hail Insurance Company, Archer Daniels Midland Company, Swiss Reinsurance Company Ltd., Munich Reinsurance Company, Bajaj Allianz General Insurance Company Limited, Marsh & McLennan Companies Inc., Willis Towers Watson Holdings PLC, Lockton Companies, Brown & Brown Insurance and Risk Management, HUB International Limited, Arthur J. Gallagher & Co..

Product Innovation For Comprehensive Crop Protection

Product innovation has emerged as the major trend gaining popularity in the crop insurance market. Major companies operating in the factoring market are focused on innovative solutions to sustain their position in the market. For instance, in October 2022, HDFC ERGO General Insurance Company Ltd., an India-based financial service provider, launched a technology-backed farm yield insurance policy for farmers. It’s a first-of-its-kind insurance solution that provides coverage at the farm level using a satellite-based index based on satellite-based data and gives thorough coverage across the whole crop life cycle, from planting to harvesting. In a press statement, the business stated. The product is valid for food, oilseed, commercial, or horticultural crops and is intended for farmers under corporate/farm input company (FIC) contracts.

DIY Insurance Platform Revolutionizes Crop Insurance For Farmers

Major companies operating in the crop insurance market are innovating new technological products, such as a do it yourself (DIY) insurance platform, to sustain their position in the market. A DIY insurance platform is a self-service digital tool that empowers individuals to customize, purchase, and manage their insurance policies independently, often leveraging online resources and user-friendly interfaces. For instance, in November 2022, Absolute, an Indian-based bioscience company launched Digifasal. Digifasal is a do it yourself (DIY) insurance platform for farmers to provide financial support to farmers leading to sustainable agricultural practices. Digifasal allows farmers to select parametric insurance products from several insurers with pin codes, providing them with the freedom to choose the insurance products for their needs. Digifasal contains AgCloud ecosystem which provides a one-stop solution to farmers at every stage of crop production.

American Financial Group Expands Crop Insurance Portfolio With Acquisition Of Crop Risk Services From American International Group (AIG)

In July 2023, American Financial Group (AFG) Inc., a US-based financial services company, acquired Crop Risk Services (CRS) from American International Group (AIG) Inc. for $240 million. With this acquisition, American Financial Group (AFG) Inc. aims to benefit from the strategic fit with its existing crop insurance operations and expand its specialty niche businesses. American International Group (AIG) Inc. is a US based finance and insurance corporation that provides crop insurance.

North America was the largest region in the crop insurance market in 2023. The regions covered in the crop insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the crop insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The crop insurance market includes revenues earned by entities through sales of insurance services such as providing financial support, stabilizing the income of farmers, maintaining credit flow in agriculture, and covering production risks. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The crop insurance market research report is one of a series of new reports from The Business Research Company that provides crop insurance market statistics, including the crop insurance industry global market size, regional shares, competitors with a crop insurance market share, detailed crop insurance market segments, market trends and opportunities, and any further data you may need to thrive in the crop insurance industry. This crop insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Crop Insurance Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $43.49 billion
Revenue Forecast In 2033 $60.66 billion
Growth Rate CAGR of 8.7% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Crop Yield Insurance, Crop Revenue Insurance
2) By Coverage: Multi-Peril Crop Insurance (MPCI), Crop-Hail Insurance
3) By Distribution Channel: Banks, Insurance Companies, Brokers Or Agents, Other Distribution Channels
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Agriculture Insurance Company of India Limited; American Financial Group Inc.; Chubb Corporation; ICICI Lombard General Insurance Company Limited; QBE Insurance Group Limited; Sompo International Holdings Ltd.; Tokio Marine Holdings Inc.; Zurich Insurance Company Ltd.; Philippine Crop Insurance Corporation; AXA S.A.; People's Insurance Company of China (Group) Co. Ltd.; Fairfax Financial Holdings Limited; American International Group Inc.; AmTrust Financial Services Inc.; Santam Limited; China United Property Insurance Company Limited; XL Group Ltd.; Everest Reinsurance Holdings Inc.; Endurance Specialty Holdings Ltd.; CUNA Mutual Group; CGB Diversified Services Inc.; Farmers Mutual Hail Insurance Company; Archer Daniels Midland Company; Swiss Reinsurance Company Ltd.; Munich Reinsurance Company; Bajaj Allianz General Insurance Company Limited; Marsh & McLennan Companies Inc.; Willis Towers Watson Holdings plc; Lockton Companies; Brown & Brown Insurance and Risk Management; HUB International Limited; Arthur J. Gallagher & Co.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Crop Insurance Market Characteristics

    3. Crop Insurance Market Trends And Strategies

    4. Crop Insurance Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Crop Insurance Market Size and Growth

    5.1. Global Crop Insurance Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Crop Insurance Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Crop Insurance Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Crop Insurance Market Segmentation

    6.1. Global Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Crop Yield Insurance

    Crop Revenue Insurance

    6.2. Global Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Multi-Peril Crop Insurance (MPCI)

    Crop-Hail Insurance

    6.3. Global Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Banks

    Insurance Companies

    Brokers Or Agents

    Other Distribution Channels

    7. Crop Insurance Market Regional And Country Analysis

    7.1. Global Crop Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Crop Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Crop Insurance Market  

    8.1. Asia-Pacific Crop Insurance Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Crop Insurance Market  

    9.1. China Crop Insurance Market Overview  

    9.2. China Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Crop Insurance Market  

    10.1. India Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Crop Insurance Market  

    11.1. Japan Crop Insurance Market Overview  

    11.2. Japan Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Crop Insurance Market  

    12.1. Australia Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Crop Insurance Market  

    13.1. Indonesia Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Crop Insurance Market  

    14.1. South Korea Crop Insurance Market Overview  

    14.2. South Korea Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Crop Insurance Market  

    15.1. Western Europe Crop Insurance Market Overview

    15.2. Western Europe Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Crop Insurance Market  

    16.1. UK Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Crop Insurance Market  

    17.1. Germany Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Crop Insurance Market  

    18.5. France Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Crop Insurance Market  

    19.9. Italy Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Crop Insurance Market  

    20.13. Spain Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Crop Insurance Market  

    21.1. Eastern Europe Crop Insurance Market Overview

    21.2. Eastern Europe Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Crop Insurance Market  

    22.1. Russia Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Crop Insurance Market  

    23.1. North America Crop Insurance Market Overview

    23.2. North America Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Crop Insurance Market  

    24.1. USA Crop Insurance Market Overview

    24.2. USA Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Crop Insurance Market  

    25.1. Canada Crop Insurance Market Overview

    25.2. Canada Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Crop Insurance Market  

    26.1. South America Crop Insurance Market Overview

    26.2. South America Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Crop Insurance Market  

    27.1. Brazil Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Crop Insurance Market  

    28.1. Middle East Crop Insurance Market Overview

    28.2. Middle East Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Crop Insurance Market  

    29.1. Africa Crop Insurance Market Overview

    29.2. Africa Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Crop Insurance Market Competitive Landscape And Company Profiles

    30.1. Crop Insurance Market Competitive Landscape

    30.2. Crop Insurance Market Company Profiles

    30.2.1. Agriculture Insurance Company of India Limited

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. American Financial Group Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Chubb Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. ICICI Lombard General Insurance Company Limited

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. QBE Insurance Group Limited

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Crop Insurance Market Competitive Benchmarking

    32. Global Crop Insurance Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Crop Insurance Market

    34. Crop Insurance Market Future Outlook and Potential Analysis

    34.1 Crop Insurance Market In 2028 - Countries Offering Most New Opportunities

    34.2 Crop Insurance Market In 2028 - Segments Offering Most New Opportunities

    34.3 Crop Insurance Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Crop Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Crop Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Agriculture Insurance Company of India Limited Financial Performance
  • Table 75: American Financial Group Inc. Financial Performance
  • Table 76: Chubb Corporation Financial Performance
  • Table 77: ICICI Lombard General Insurance Company Limited Financial Performance
  • Table 78: QBE Insurance Group Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Crop Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Crop Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Crop Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Crop Insurance Market, Segmentation By Coverage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Crop Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Agriculture Insurance Company of India Limited Financial Performance
  • Figure 75: American Financial Group Inc. Financial Performance
  • Figure 76: Chubb Corporation Financial Performance
  • Figure 77: ICICI Lombard General Insurance Company Limited Financial Performance
  • Figure 78: QBE Insurance Group Limited Financial Performance
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Frequently Asked Questions

What is the definition of the crop insurance market?

Crop insurance is a comprehensive, yield-based policy designed to cover losses incurred by farmers as a result of production issues. It covers losses caused by climatic conditions, accidents, or any other unfavorable conditions that result in a decrease in a farmer’s revenue. For further insights on the crop insurance market, request a sample here

How will the crop insurance market drivers and restraints affect the crop insurance market dynamics? What forces will shape the crop insurance industry going forward?

The crop insurance market major growth driver - rising frequency of adverse weather events fuels growth in the crop insurance market. For further insights on the crop insurance market, request a sample here

What is the forecast market size or the forecast market value of the crop insurance market ?

The crop insurance market size has grown strongly in recent years. It will grow from $40.05 billion in 2023 to $43.49 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to volatility in weather patterns, government support programs, globalization of agriculture, market liberalization, financial sector participation, natural disasters and catastrophes.. The crop insurance market size is expected to see strong growth in the next few years. It will grow to $60.66 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to climate-resilient crop varieties, education and awareness programs, market-driven insurance solutions, data analytics and remote sensing, index-based insurance.. Major trends in the forecast period include technological integration, blockchain for transparency, integration with agtech solutions, customization and flexibility, data analytics for predictive modeling, innovative premium payment models.. For further insights on the crop insurance market, request a sample here

How is the crop insurance market segmented?

The crop insurance market is segmented
1) By Type: Crop Yield Insurance, Crop Revenue Insurance
2) By Coverage: Multi-Peril Crop Insurance (MPCI), Crop-Hail Insurance
3) By Distribution Channel: Banks, Insurance Companies, Brokers Or Agents, Other Distribution ChannelsFor further insights on the crop insurance market,
request a sample here

Which region has the largest share of the crop insurance market? What are the other regions covered in the report?

North America was the largest region in the crop insurance market in 2023. The regions covered in the crop insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the crop insurance market, request a sample here.

Who are the major players in the crop insurance market?

Major companies operating in the crop insurance market report are Agriculture Insurance Company of India Limited, American Financial Group Inc., Chubb Corporation, ICICI Lombard General Insurance Company Limited, QBE Insurance Group Limited, Sompo International Holdings Ltd., Tokio Marine Holdings Inc., Zurich Insurance Company Ltd., Philippine Crop Insurance Corporation, AXA S.A., People's Insurance Company of China (Group) Co. Ltd., Fairfax Financial Holdings Limited, American International Group Inc., AmTrust Financial Services Inc., Santam Limited, China United Property Insurance Company Limited, XL Group Ltd., Everest Reinsurance Holdings Inc., Endurance Specialty Holdings Ltd., CUNA Mutual Group, CGB Diversified Services Inc., Farmers Mutual Hail Insurance Company, Archer Daniels Midland Company, Swiss Reinsurance Company Ltd., Munich Reinsurance Company, Bajaj Allianz General Insurance Company Limited, Marsh & McLennan Companies Inc., Willis Towers Watson Holdings plc, Lockton Companies, Brown & Brown Insurance and Risk Management, HUB International Limited, Arthur J. Gallagher & Co. . For further insights on the crop insurance market, request a sample here.

What are the key trends in the crop insurance market?

Major trend in the crop insurance market - product innovation for comprehensive crop protection. For further insights on the crop insurance market, request a sample here.

What are the major opportunities in the crop insurance market? What are the strategies for the crop insurance market?

For detailed insights on the major opportunities and strategies in the crop insurance market, request a sample here.

How does the crop insurance market relate to the overall economy and other similar markets?

For detailed insights on crop insurance market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the crop insurance industry?

For detailed insights on the mergers and acquisitions in the crop insurance industry, request a sample here.

What are the key dynamics influencing the crop insurance market growth? SWOT analysis of the crop insurance market.

For detailed insights on the key dynamics influencing the crop insurance market growth and SWOT analysis of the crop insurance industry, request a sample here.