Crop Insurance Market Synopsis

Crop Insurance Market Size Was Valued at USD 36.19 Billion in 2022, and is Projected to Reach USD 55.54 Billion by 2030, Growing at a CAGR of 5.5% From 2023-2030.

Crop insurance protects farmers from losing money due to price drops in agricultural products and crop losses caused by natural disasters such as drought, hail, disease, and wildlife, floods, fire, and pests.

  • The crop insurance market serves as a critical component of the agricultural sector, providing financial protection to farmers against losses resulting from adverse weather conditions, natural disasters, and other perils that could impact crop yields. In recent years, the global crop insurance market has witnessed significant growth, driven by increasing awareness of climate change-related risks and the need for sustainable farming practices.
  • Governments, insurers, and agricultural stakeholders collaborate to design and implement effective crop insurance programs, aiming to safeguard farmers' livelihoods and ensure food security. These programs often incorporate innovative technologies, such as satellite imagery and weather data, to assess and quantify crop losses accurately. The market has evolved to offer various insurance products tailored to diverse crops and regions, fostering resilience in the face of unpredictable environmental factors.
  • The expansion of the crop insurance market reflects a broader recognition of the interconnectedness between agriculture, climate variability, and economic stability. As climate-related challenges continue to intensify, the demand for robust and comprehensive crop insurance solutions is likely to grow, emphasizing the market's pivotal role in supporting the sustainability and viability of global agriculture.

Crop Insurance Market Trend Analysis

Rapid Digitalization

  • The rapid digitalization of the agricultural sector is a pivotal driving force behind the burgeoning growth of the crop insurance market. As technological advancements continue to revolutionize farming practices, digital tools and platforms are playing a crucial role in enhancing efficiency, risk assessment, and claims processing within the agricultural insurance landscape.
  • Digital technologies such as satellite imaging, weather forecasting, and data analytics empower insurers to assess crop health, monitor weather patterns, and evaluate risks with unprecedented precision. This real-time data enables more accurate underwriting, reducing uncertainties associated with traditional insurance models. Additionally, digital platforms streamline policy issuance, claims settlement, and communication between farmers and insurance providers.
  • Furthermore, the integration of blockchain and smart contracts enhances transparency, traceability, and trust in the insurance process. Farmers can access insurance services remotely, leveraging mobile applications and online platforms. This digital transformation not only mitigates operational challenges but also expands the reach of crop insurance to previously underserved regions.

Strengthening Existing Policies and Deployment of Technologies creates an Opportunity

  • The intersection of strengthened policies and advanced technology deployment presents a unique opportunity for the growth of the crop insurance market. Robust agricultural policies, coupled with the strategic implementation of cutting-edge technologies, create a more resilient and data-driven ecosystem for mitigating risks in the agriculture sector.
  • Enhanced policies can establish a supportive framework, encouraging farmers to adopt risk management measures, while the deployment of technologies such as satellite imagery, weather forecasting, and data analytics provides a more accurate assessment of potential risks. This combination not only improves the precision of insurance coverage but also streamlines the claims process.
  • The utilization of smart technologies allows for real-time monitoring of crop health, enabling proactive measures to prevent and address potential threats. Additionally, data-driven insights contribute to the development of customized insurance products tailored to specific regional or crop-related risks.

Crop Insurance Market Segment Analysis:

Crop Insurance Market Segmented on the basis of type, application.

By Type, Crop-Hail Insurance segment is expected to dominate the market during the forecast period

  • The Crop-Hail Insurance segment is poised to assert its dominance in the Crop Insurance market due to several key factors. This specialized insurance type offers coverage specifically tailored to protect crops against the damages caused by hailstorms. Hailstorms can inflict severe and localized damage to crops, making Crop-Hail Insurance a critical risk management tool for farmers.
  • The dominance of the Crop-Hail Insurance segment can be attributed to its ability to provide targeted and comprehensive coverage for a specific peril that poses a significant threat to crop yields. Farmers recognize the importance of safeguarding their crops from hail-related losses, and the specificity of Crop-Hail Insurance makes it a preferred choice.
  • Moreover, the increasing frequency and intensity of extreme weather events, including hailstorms, underscore the need for robust insurance solutions. As climate uncertainties continue to impact agricultural practices, farmers are increasingly turning to Crop-Hail Insurance as a proactive measure to mitigate risks and ensure financial stability.

By Application, Insurance Companies segment held the largest share of 47.2% in 2022

  • Insurance Companies segment is poised to assert its dominance, fueled by several key factors. Crop insurance plays a pivotal role in mitigating financial risks for farmers, providing a safety net against unpredictable events such as adverse weather conditions, pests, and crop diseases. Insurance companies bring extensive financial expertise and risk management capabilities to the forefront, making them instrumental in developing comprehensive and customizable crop insurance solutions.
  • These companies leverage advanced data analytics, satellite imagery, and emerging technologies to assess and underwrite risks effectively. The application of innovative technologies allows insurance companies to offer more accurate risk assessments, streamlined claim processes, and improved customer experiences. Additionally, their wide-reaching networks and established market presence contribute to the accessibility and widespread adoption of crop insurance solutions among farmers.
  • As climate uncertainties and agricultural challenges persist, the Insurance Companies segment is anticipated to play a pivotal role in shaping the future of the Crop Insurance market. Their ability to provide tailored insurance products, coupled with a robust risk management approach, positions them as key drivers in fostering resilience and sustainability in the agriculture sector.

Crop Insurance Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

  • The Asia Pacific region is poised to emerge as a dominant force in the crop insurance market, showcasing significant growth and potential. The escalating adoption of modern agricultural practices, coupled with the increasing awareness of the importance of risk management in farming, has fueled the demand for crop insurance in the region. As agriculture plays a pivotal role in the economies of many Asia Pacific countries, safeguarding farmers against unpredictable events such as adverse weather conditions, pests, and diseases becomes imperative.
  • Government initiatives and policies aimed at promoting sustainable farming practices and providing financial security to farmers have further propelled the expansion of the crop insurance market in the region. The advent of technology, including satellite imagery and data analytics, has enhanced the accuracy and efficiency of assessing crop damage, facilitating streamlined claim processes.
  • Moreover, the vulnerability of the Asia Pacific region to climate change and natural disasters underscores the critical role of crop insurance in ensuring food security and stabilizing rural economies.

Crop Insurance Market Top Key Players:

  • PICC
  • Zurich
  • Chubb
  • QBE
  • China United Property Insurance
  • American Financial Group
  • Prudential
  • XL Catlin
  • Everest Re Group
  • 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

Key Industry Developments in the Crop Insurance Market:

  • In March 2023: RMA (Rural Mutual of America) launched a new precision agriculture-based crop insurance product called "Precision Edge." This offering utilizes data from farm management systems and satellite imagery to provide more accurate risk assessments and customized coverage options.
  • In July 2023: AXA Climate introduced a parametric index-based insurance product for drought in Brazil. This innovative solution covers farmers based on pre-determined rainfall levels, simplifying claims processes and providing quicker payouts during dry spells.

Global Crop Insurance Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 36.19 Bn.

Forecast Period 2023-30 CAGR:

5.5 %

Market Size in 2030:

USD 55.54 Bn.

Segments Covered:

By Type

  • Multi-Peril Crop Insurance (MPCI)
  • Crop-Hail Insurance

By Application

  • Banks
  • Brokers / Agents
  • Insurance Companies

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rapid Digitalization

Key Market Restraints:

  • Increasing Competition in the Market

Key Opportunities:

  • Strengthening Existing Policies and Deployment of Technologies

Companies Covered in the report:

  • PICC, Zurich, Chubb, QBE, China United Property Insurance, American Financial Group, and Other Major Players
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    11. ECOSYSTEM
  6. CROP INSURANCE MARKET BY TYPE (2016-2030)
    1. CROP INSURANCE MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. MULTI-PERIL CROP INSURANCE (MPCI)
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. CROP-HAIL INSURANCE
  7. CROP INSURANCE MARKET BY APPLICATION (2016-2030)
    1. CROP INSURANCE MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. BANKS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. BROKERS / AGENTS
    5. INSURANCE COMPANIES
  8. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. CROP INSURANCE Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. PICC
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. ZURICH
    4. CHUBB
    5. QBE
    6. CHINA UNITED PROPERTY INSURANCE
    7. AMERICAN FINANCIAL GROUP
    8. PRUDENTIAL
    9. XL CATLIN
    10. EVEREST RE GROUP
    11. ENDURANCE SPECIALTY
    12. CUNA MUTUAL
    13. AGRICULTURE INSURANCE COMPANY OF INDIA
    14. TOKIO MARINE
    15. CGB DIVERSIFIED SERVICES
    16. FARMERS MUTUAL HAIL
    17. ARCHER DANIELS MIDLAND
    18. NEW INDIA ASSURANCE
    19. ICICI LOMBARD
  9. GLOBAL CROP INSURANCE MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By TYPE
      4. Historic And Forecasted Market Size By APPLICATION
      5. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  10. INVESTMENT ANALYSIS
  11. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

Global Crop Insurance Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 36.19 Bn.

Forecast Period 2023-30 CAGR:

5.5 %

Market Size in 2030:

USD 55.54 Bn.

Segments Covered:

By Type

  • Multi-Peril Crop Insurance (MPCI)
  • Crop-Hail Insurance

By Application

  • Banks
  • Brokers / Agents
  • Insurance Companies

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rapid Digitalization

Key Market Restraints:

  • Increasing Competition in the Market

Key Opportunities:

  • Strengthening Existing Policies and Deployment of Technologies

Companies Covered in the report:

  • PICC, Zurich, Chubb, QBE, China United Property Insurance, American Financial Group, and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CROP INSURANCE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CROP INSURANCE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CROP INSURANCE MARKET COMPETITIVE RIVALRY
TABLE 005. CROP INSURANCE MARKET THREAT OF NEW ENTRANTS
TABLE 006. CROP INSURANCE MARKET THREAT OF SUBSTITUTES
TABLE 007. CROP INSURANCE MARKET BY TYPE
TABLE 008. MULTI-PERIL CROP INSURANCE (MPCI) MARKET OVERVIEW (2016-2028)
TABLE 009. CROP-HAIL INSURANCE MARKET OVERVIEW (2016-2028)
TABLE 010. CROP INSURANCE MARKET BY APPLICATION
TABLE 011. BANKS MARKET OVERVIEW (2016-2028)
TABLE 012. BROKERS/AGENTS MARKET OVERVIEW (2016-2028)
TABLE 013. INSURANCE COMPANIES MARKET OVERVIEW (2016-2028)
TABLE 014. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA CROP INSURANCE MARKET, BY TYPE (2016-2028)
TABLE 016. NORTH AMERICA CROP INSURANCE MARKET, BY APPLICATION (2016-2028)
TABLE 017. N CROP INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE CROP INSURANCE MARKET, BY TYPE (2016-2028)
TABLE 019. EUROPE CROP INSURANCE MARKET, BY APPLICATION (2016-2028)
TABLE 020. CROP INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC CROP INSURANCE MARKET, BY TYPE (2016-2028)
TABLE 022. ASIA PACIFIC CROP INSURANCE MARKET, BY APPLICATION (2016-2028)
TABLE 023. CROP INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA CROP INSURANCE MARKET, BY TYPE (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA CROP INSURANCE MARKET, BY APPLICATION (2016-2028)
TABLE 026. CROP INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA CROP INSURANCE MARKET, BY TYPE (2016-2028)
TABLE 028. SOUTH AMERICA CROP INSURANCE MARKET, BY APPLICATION (2016-2028)
TABLE 029. CROP INSURANCE MARKET, BY COUNTRY (2016-2028)
TABLE 030. PICC: SNAPSHOT
TABLE 031. PICC: BUSINESS PERFORMANCE
TABLE 032. PICC: PRODUCT PORTFOLIO
TABLE 033. PICC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. ZURICH: SNAPSHOT
TABLE 034. ZURICH: BUSINESS PERFORMANCE
TABLE 035. ZURICH: PRODUCT PORTFOLIO
TABLE 036. ZURICH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. CHUBB: SNAPSHOT
TABLE 037. CHUBB: BUSINESS PERFORMANCE
TABLE 038. CHUBB: PRODUCT PORTFOLIO
TABLE 039. CHUBB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. QBE: SNAPSHOT
TABLE 040. QBE: BUSINESS PERFORMANCE
TABLE 041. QBE: PRODUCT PORTFOLIO
TABLE 042. QBE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. CHINA UNITED PROPERTY INSURANCE: SNAPSHOT
TABLE 043. CHINA UNITED PROPERTY INSURANCE: BUSINESS PERFORMANCE
TABLE 044. CHINA UNITED PROPERTY INSURANCE: PRODUCT PORTFOLIO
TABLE 045. CHINA UNITED PROPERTY INSURANCE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. AMERICAN FINANCIAL GROUP: SNAPSHOT
TABLE 046. AMERICAN FINANCIAL GROUP: BUSINESS PERFORMANCE
TABLE 047. AMERICAN FINANCIAL GROUP: PRODUCT PORTFOLIO
TABLE 048. AMERICAN FINANCIAL GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. PRUDENTIAL: SNAPSHOT
TABLE 049. PRUDENTIAL: BUSINESS PERFORMANCE
TABLE 050. PRUDENTIAL: PRODUCT PORTFOLIO
TABLE 051. PRUDENTIAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. XL CATLIN: SNAPSHOT
TABLE 052. XL CATLIN: BUSINESS PERFORMANCE
TABLE 053. XL CATLIN: PRODUCT PORTFOLIO
TABLE 054. XL CATLIN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. EVEREST RE GROUP: SNAPSHOT
TABLE 055. EVEREST RE GROUP: BUSINESS PERFORMANCE
TABLE 056. EVEREST RE GROUP: PRODUCT PORTFOLIO
TABLE 057. EVEREST RE GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. ENDURANCE SPECIALTY: SNAPSHOT
TABLE 058. ENDURANCE SPECIALTY: BUSINESS PERFORMANCE
TABLE 059. ENDURANCE SPECIALTY: PRODUCT PORTFOLIO
TABLE 060. ENDURANCE SPECIALTY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. CUNA MUTUAL: SNAPSHOT
TABLE 061. CUNA MUTUAL: BUSINESS PERFORMANCE
TABLE 062. CUNA MUTUAL: PRODUCT PORTFOLIO
TABLE 063. CUNA MUTUAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. AGRICULTURE INSURANCE COMPANY OF INDIA: SNAPSHOT
TABLE 064. AGRICULTURE INSURANCE COMPANY OF INDIA: BUSINESS PERFORMANCE
TABLE 065. AGRICULTURE INSURANCE COMPANY OF INDIA: PRODUCT PORTFOLIO
TABLE 066. AGRICULTURE INSURANCE COMPANY OF INDIA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. TOKIO MARINE: SNAPSHOT
TABLE 067. TOKIO MARINE: BUSINESS PERFORMANCE
TABLE 068. TOKIO MARINE: PRODUCT PORTFOLIO
TABLE 069. TOKIO MARINE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. CGB DIVERSIFIED SERVICES: SNAPSHOT
TABLE 070. CGB DIVERSIFIED SERVICES: BUSINESS PERFORMANCE
TABLE 071. CGB DIVERSIFIED SERVICES: PRODUCT PORTFOLIO
TABLE 072. CGB DIVERSIFIED SERVICES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. FARMERS MUTUAL HAIL: SNAPSHOT
TABLE 073. FARMERS MUTUAL HAIL: BUSINESS PERFORMANCE
TABLE 074. FARMERS MUTUAL HAIL: PRODUCT PORTFOLIO
TABLE 075. FARMERS MUTUAL HAIL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. ARCHER DANIELS MIDLAND: SNAPSHOT
TABLE 076. ARCHER DANIELS MIDLAND: BUSINESS PERFORMANCE
TABLE 077. ARCHER DANIELS MIDLAND: PRODUCT PORTFOLIO
TABLE 078. ARCHER DANIELS MIDLAND: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. NEW INDIA ASSURANCE: SNAPSHOT
TABLE 079. NEW INDIA ASSURANCE: BUSINESS PERFORMANCE
TABLE 080. NEW INDIA ASSURANCE: PRODUCT PORTFOLIO
TABLE 081. NEW INDIA ASSURANCE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. ICICI LOMBARD: SNAPSHOT
TABLE 082. ICICI LOMBARD: BUSINESS PERFORMANCE
TABLE 083. ICICI LOMBARD: PRODUCT PORTFOLIO
TABLE 084. ICICI LOMBARD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 085. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 086. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 087. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CROP INSURANCE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CROP INSURANCE MARKET OVERVIEW BY TYPE
FIGURE 012. MULTI-PERIL CROP INSURANCE (MPCI) MARKET OVERVIEW (2016-2028)
FIGURE 013. CROP-HAIL INSURANCE MARKET OVERVIEW (2016-2028)
FIGURE 014. CROP INSURANCE MARKET OVERVIEW BY APPLICATION
FIGURE 015. BANKS MARKET OVERVIEW (2016-2028)
FIGURE 016. BROKERS/AGENTS MARKET OVERVIEW (2016-2028)
FIGURE 017. INSURANCE COMPANIES MARKET OVERVIEW (2016-2028)
FIGURE 018. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA CROP INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE CROP INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC CROP INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA CROP INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA CROP INSURANCE MARKET OVERVIEW BY COUNTRY (2016-2028)

Please Wait...

Frequently Asked Questions :

What would be the forecast period in the Crop Insurance Market research report?

The forecast period in the Crop Insurance Market research report is 2023-2030.

Who are the key players in the Crop Insurance Market?

PICC, Zurich, Chubb, QBE, China United Property Insurance, American Financial Group, Prudential, XL Catlin, Everest Re Group, 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, and Other Major Players.

What are the segments of the Crop Insurance Market?

rop Insurance Market is segmented into Type, Application, and region. By Type, the market is categorized into Multi-Peril Crop Insurance (MPCI), Crop-Hail Insurance. By Application, the market is categorized into Banks, Brokers / Agents, Insurance Companies, Others.. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Crop Insurance Market?

Crop insurance protects farmers from losing money due to price drops in agricultural products and crop losses caused by natural disasters such as drought, hail, disease, and wildlife, floods, fire, and pests.

How big is the Crop Insurance Market?

Crop Insurance Market Size Was Valued at USD 36.19 Billion in 2022, and is Projected to Reach USD 55.54 Billion by 2030, Growing at a CAGR of 5.5% From 2023-2030.