Middle East & Africa Livestock Insurance Market Size & Outlook
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MEA livestock insurance market highlights
- The MEA livestock insurance market generated a revenue of USD 264.2 million in 2024.
- The market is expected to grow at a CAGR of 8.2% from 2025 to 2033.
- In terms of segment, bovine was the largest revenue generating animal type in 2024.
- Other Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
- Country-wise, Kuwait is expected to register the highest CAGR from 2025 to 2033.
MEA data book summary
| Market revenue in 2024 | USD 264.2 million |
| Market revenue in 2033 | USD 524.7 million |
| Growth rate | 8.2% (CAGR from 2025 to 2033) |
| Largest segment | Bovine |
| Fastest growing segment | Other Animals |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bovine, Swine, Sheep & Goats, Poultry, Other Animals |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.1% of the global livestock insurance market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Latin America is the fastest growing regional market and is projected to reach USD 952.1 million by 2033.
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Livestock Insurance Market Scope
Livestock Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fbl Group | View profile | - | http://www.fbl.cz/ | |
| ProAg | View profile | 251-500 | Amarillo, Texas, United States, North America | https://www.proag.com |
| AmWINS | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.amwins.com/ |
| The Hartford | View profile | 10001+ | Hartford, Connecticut, United States, North America | http://www.thehartford.com |
| Lloyd's | View profile | 1001-5000 | London, England, United Kingdom, Europe | http://www.lloyds.com/ |
| HDFC ERGO General Insurance Company Limited | View profile | 5001-10000 | Mumbai, Maharashtra, India, Asia | http://www.hdfcergo.com/ |
| Allianz Global Corporate & Specialty | View profile | 10001+ | Unterföhring, Bayern, Germany, Europe | http://www.agcs.allianz.com/ |
| HUB International | View profile | 10001+ | Chicago, Illinois, United States, North America | https://www.hubinternational.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 |
| QBE Insurance Group Ltd | View profile | 11651 | 388 George Street, Level 18, Sydney, NSW, Australia, 2000 | https://www.qbe.com |
| AXA SA | View profile | 110302 | 25, Avenue Matignon, Paris, France, 75008 | https://www.axa.com |
Middle East & Africa 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 43.04% in 2024. Horizon Databook has segmented the Middle East & Africa livestock insurance market based on bovine, swine, sheep & goats, poultry, other animals covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Middle East & Africa livestock insurance market databook
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Our clientele includes a mix of livestock insurance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Middle East & Africa livestock insurance market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa livestock insurance market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
MEA livestock insurance market size, by country, 2021-2033 (US$M)
Middle East & Africa Livestock Insurance Market Outlook Share, 2024 & 2033 (US$M)
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