Global Agricultural Crop Insurance Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Agricultural Crop Insurance Sales Market Report 2024
Market Analysis and InsightsGlobal Agricultural Crop Insurance Market
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.
Due to the COVID-19 pandemic, the global Agricultural Crop Insurance market size is estimated to be worth US$ 38200 million in 2022 and is forecast to a readjusted size of US$ 55070 million by 2033 with a CAGR of 5.3% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, MPCI accounting for % of the Agricultural Crop Insurance global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Agencies segment is altered to an % CAGR throughout this forecast period.
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.
Global Agricultural Crop Insurance Scope and Market Size
The global Agricultural Crop Insurance market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Agricultural Crop Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2033.
Segment by Type
MPCI
Hail
Agencies
Digital & Direct Channel
Brokers
Bancassurance
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
PICC
Zurich
Chubb
Sompo
QBE
China United Property Insurance
Agriculture Insurance Company of India
AXA
Everest Re Group
Tokio Marine
American Financial Group
Prudential
AIG
Farmers Mutual Hail
New India Assurance
SCOR
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.
Due to the COVID-19 pandemic, the global Agricultural Crop Insurance market size is estimated to be worth US$ 38200 million in 2022 and is forecast to a readjusted size of US$ 55070 million by 2033 with a CAGR of 5.3% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, MPCI accounting for % of the Agricultural Crop Insurance global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Agencies segment is altered to an % CAGR throughout this forecast period.
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.
Global Agricultural Crop Insurance Scope and Market Size
The global Agricultural Crop Insurance market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Agricultural Crop Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2033.
Segment by Type
MPCI
Hail
Segment by Application
Agencies
Digital & Direct Channel
Brokers
Bancassurance
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
PICC
Zurich
Chubb
Sompo
QBE
China United Property Insurance
Agriculture Insurance Company of India
AXA
Everest Re Group
Tokio Marine
American Financial Group
Prudential
AIG
Farmers Mutual Hail
New India Assurance
SCOR