Global Livestock Insurance Market Size & Outlook
Global livestock insurance market, 2018-2030 (US$M)
Related Markets
Global livestock insurance market highlights
- The global livestock insurance market generated a revenue of USD 4,251.5 million in 2023 and is expected to reach USD 7,241.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.9% by 2030.
- In terms of segment, bovine accounted for a revenue of USD 1,474.5 million in 2023.
- Other Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,251.5 million |
| Market revenue in 2030 | USD 7,241.3 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Bovine |
| Fastest growing segment | Other Animals |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bovine, Swine, Sheep & Goats, Poultry, Other Animals |
Other key industry trends
- In terms of revenue, the North America accounted for 25.5% of the global livestock insurance market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 1,479.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Livestock Insurance Market Scope
Livestock Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Royal Sundaram General Insurance Co. Limited | View profile | 1001-5000 | Kalpakkam, Tamil Nadu, India, Asia | https://www.royalsundaram.in/ |
| Sunderland Marine | View profile | 51-100 | Newcastle, Newcastle upon Tyne, United Kingdom, Europe | https://www.sunderlandmarine.com/ |
| ICICI Lombard General Insurance | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.icicilombard.com |
| Nationwide Mutual Insurance | View profile | 10001+ | Columbus, Ohio, United States, North America | http://nationwide.com |
| Reliance Global Group Inc | View profile | 67 | 300 Boulevard of the Americas, Suite 105, Lakewood, NJ, United States, 08701 | https://www.relianceglobalgroup.com |
| The Hartford Financial Services Group Inc | View profile | 18700 | One Hartford Plaza, Hartford, CT, United States, 06155 | https://www.thehartford.com |
| Tokio Marine Holdings Inc | View profile | 44721 | Tokio Marine Nichido Building Shinkan, 2-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-0005 | http://www.tokiomarinehd.com |
| HDFC Bank Ltd ADR | View profile | 208066 | Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, India, 400 013 | https://www.hdfcbank.com |
| AXA SA | View profile | 110302 | 25, Avenue Matignon, Paris, France, 75008 | https://www.axa.com |
Global livestock insurance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to livestock insurance market will help companies and investors design strategic landscapes.
Bovine was the largest segment with a revenue share of 34.68% in 2023. Horizon Databook has segmented the Global livestock insurance market based on bovine, swine, sheep & goats, poultry, other animals covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Livestock Insurance Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Sheep & Goats
- Poultry
- Production Animals
- Other Animals
- Bovine
- Swine
- Ovine & Caprine
- Equine
- Global Livestock Insurance Coverage Type Outlook (Revenue, USD Million, 2018-2030)
- Revenue
- Other Coverage
- Accident & Illness
- Others
- Mortality
- Accident only
- Global Livestock Insurance Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Bancassurance
- Agency
- Direct
- Broker
- Others
- Agency/ Broker
Reasons to subscribe to Global livestock insurance market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global livestock insurance market databook
-
Our clientele includes a mix of livestock insurance market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global livestock insurance market , including forecasts for subscribers. This global databook contains high-level insights into Global livestock insurance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global livestock insurance market size, by region, 2018-2030 (US$M)
Top 10 countries by Livestock Insurance Market revenue, 2023 (US$M)
Global livestock insurance market share, by distribution channel, 2023 & 2030 (%, US$M)
Livestock insurance market: Opportunity assessment by country
Global livestock insurance market, by region, 2023 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
