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Global Crop Insurance Market 2024-2028

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    Report

  • 167 Pages
  • November 2023
  • Region: Global
  • TechNavio
  • ID: 5574267
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The crop insurance market is forecasted to grow by USD 14.62 billion during 2023-2028, accelerating at a CAGR of 6.22% during the forecast period. The report on the crop insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by extreme weather conditions due to global warming, rise in government support for crop insurance, and expansion of crop insurance product lines.

The crop insurance market is segmented as below:

By Product

  • Indemnity-based
  • Index-based

By Type

  • Crop yielded insurance
  • Crop revenue insurance

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the digital initiatives in crop insurance as one of the prime reasons driving the crop insurance market growth during the next few years. Also, consolidation in the crop insurance sector and growing adoption of climate index insurance will lead to sizable demand in the market.

The report on the crop insurance market covers the following areas:

  • Crop insurance market sizing
  • Crop insurance market forecast
  • Crop insurance market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crop insurance market vendors that include Agriculture Insurance Co. of India Ltd., Allianz SE, American International Group Inc., Aon plc, AXA Group, Bajaj Finserv Ltd., Chubb Ltd., Everest Re Group Ltd., Hannover Re, ICICI Bank Ltd., Indian Farmers Fertiliser Cooperative Ltd., MARSH LLC, Munich Reinsurance Co., QBE Insurance Group Ltd., Reliance Industries Ltd., Sompo Holdings Inc., State Bank of India, Sundaram Finance Ltd., Swiss Re Ltd., and Willis Towers Watson Public Ltd. Co.. Also, the crop insurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global crop insurance market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global crop insurance market 2018 - 2022 ($ billion)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Indemnity-based - Market size and forecast 2023-2028
Exhibit 34: Chart on Indemnity-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Indemnity-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Indemnity-based - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Indemnity-based - Year-over-year growth 2023-2028 (%)
6.4 Index-based - Market size and forecast 2023-2028
Exhibit 38: Chart on Index-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Index-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Index-based - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Index-based - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ billion)
Exhibit 43: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Crop yielded insurance - Market size and forecast 2023-2028
Exhibit 48: Chart on Crop yielded insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Crop yielded insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Crop yielded insurance - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Crop yielded insurance - Year-over-year growth 2023-2028 (%)
7.4 Crop revenue insurance - Market size and forecast 2023-2028
Exhibit 52: Chart on Crop revenue insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Crop revenue insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Crop revenue insurance - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Crop revenue insurance - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 56: Market opportunity by Type ($ billion)
Exhibit 57: Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Spain - Market size and forecast 2023-2028
Exhibit 91: Chart on Spain - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Spain - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Spain - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Agriculture Insurance Co. of India Ltd.
Exhibit 111: Agriculture Insurance Co. of India Ltd. - Overview
Exhibit 112: Agriculture Insurance Co. of India Ltd. - Product / Service
Exhibit 113: Agriculture Insurance Co. of India Ltd. - Key offerings
12.4 Allianz SE
Exhibit 114: Allianz SE - Overview
Exhibit 115: Allianz SE - Business segments
Exhibit 116: Allianz SE - Key news
Exhibit 117: Allianz SE - Key offerings
Exhibit 118: Allianz SE - Segment focus
12.5 American International Group Inc.
Exhibit 119: American International Group Inc. - Overview
Exhibit 120: American International Group Inc. - Business segments
Exhibit 121: American International Group Inc. - Key news
Exhibit 122: American International Group Inc. - Key offerings
Exhibit 123: American International Group Inc. - Segment focus
12.6 Aon plc
Exhibit 124: Aon plc - Overview
Exhibit 125: Aon plc - Business segments
Exhibit 126: Aon plc - Key offerings
Exhibit 127: Aon plc - Segment focus
12.7 AXA Group
Exhibit 128: AXA Group - Overview
Exhibit 129: AXA Group - Business segments
Exhibit 130: AXA Group - Key offerings
Exhibit 131: AXA Group - Segment focus
12.8 Bajaj Finserv Ltd.
Exhibit 132: Bajaj Finserv Ltd. - Overview
Exhibit 133: Bajaj Finserv Ltd. - Business segments
Exhibit 134: Bajaj Finserv Ltd. - Key offerings
Exhibit 135: Bajaj Finserv Ltd. - Segment focus
12.9 Chubb Ltd.
Exhibit 136: Chubb Ltd. - Overview
Exhibit 137: Chubb Ltd. - Business segments
Exhibit 138: Chubb Ltd. - Key news
Exhibit 139: Chubb Ltd. - Key offerings
Exhibit 140: Chubb Ltd. - Segment focus
12.10 Everest Re Group Ltd.
Exhibit 141: Everest Re Group Ltd. - Overview
Exhibit 142: Everest Re Group Ltd. - Business segments
Exhibit 143: Everest Re Group Ltd. - Key offerings
Exhibit 144: Everest Re Group Ltd. - Segment focus
12.11 Hannover Re
Exhibit 145: Hannover Re - Overview
Exhibit 146: Hannover Re - Product / Service
Exhibit 147: Hannover Re - Key offerings
12.12 ICICI Bank Ltd.
Exhibit 148: ICICI Bank Ltd. - Overview
Exhibit 149: ICICI Bank Ltd. - Business segments
Exhibit 150: ICICI Bank Ltd. - Key offerings
Exhibit 151: ICICI Bank Ltd. - Segment focus
12.13 Indian Farmers Fertiliser Cooperative Ltd.
Exhibit 152: Indian Farmers Fertiliser Cooperative Ltd. - Overview
Exhibit 153: Indian Farmers Fertiliser Cooperative Ltd. - Product / Service
Exhibit 154: Indian Farmers Fertiliser Cooperative Ltd. - Key offerings
12.14 Munich Reinsurance Co.
Exhibit 155: Munich Reinsurance Co. - Overview
Exhibit 156: Munich Reinsurance Co. - Business segments
Exhibit 157: Munich Reinsurance Co. - Key offerings
Exhibit 158: Munich Reinsurance Co. - Segment focus
12.15 Reliance Industries Ltd.
Exhibit 159: Reliance Industries Ltd. - Overview
Exhibit 160: Reliance Industries Ltd. - Business segments
Exhibit 161: Reliance Industries Ltd. - Key news
Exhibit 162: Reliance Industries Ltd. - Key offerings
Exhibit 163: Reliance Industries Ltd. - Segment focus
12.16 State Bank of India
Exhibit 164: State Bank of India - Overview
Exhibit 165: State Bank of India - Business segments
Exhibit 166: State Bank of India - Key offerings
Exhibit 167: State Bank of India - Segment focus
12.17 Sundaram Finance Ltd.
Exhibit 168: Sundaram Finance Ltd. - Overview
Exhibit 169: Sundaram Finance Ltd. - Product / Service
Exhibit 170: Sundaram Finance Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 173: Currency conversion rates for US$
13.4 Research methodology
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
13.5 List of abbreviations
Exhibit 177: List of abbreviations
List of Exhibits
Exhibit 1: Executive Summary - Chart on Market Overview
Exhibit 2: Executive Summary - Data Table on Market Overview
Exhibit 3: Executive Summary - Chart on Global Market Characteristics
Exhibit 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 5: Executive Summary - Chart on Market Segmentation by Product
Exhibit 6: Executive Summary - Chart on Market Segmentation by Type
Exhibit 7: Executive Summary - Chart on Incremental Growth
Exhibit 8: Executive Summary - Data Table on Incremental Growth
Exhibit 9: Executive Summary - Chart on Vendor Market Positioning
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
Exhibit 12: Offerings of vendors included in the market definition
Exhibit 13: Market segments
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 18: Historic Market Size - Data Table on global crop insurance market 2018 - 2022 ($ billion)
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
Exhibit 34: Chart on Indemnity-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Indemnity-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Indemnity-based - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Indemnity-based - Year-over-year growth 2023-2028 (%)
Exhibit 38: Chart on Index-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Index-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Index-based - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Index-based - Year-over-year growth 2023-2028 (%)
Exhibit 42: Market opportunity by Product ($ billion)
Exhibit 43: Data Table on Market opportunity by Product ($ billion)
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
Exhibit 48: Chart on Crop yielded insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Crop yielded insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Crop yielded insurance - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Crop yielded insurance - Year-over-year growth 2023-2028 (%)
Exhibit 52: Chart on Crop revenue insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Crop revenue insurance - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Crop revenue insurance - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Crop revenue insurance - Year-over-year growth 2023-2028 (%)
Exhibit 56: Market opportunity by Type ($ billion)
Exhibit 57: Data Table on Market opportunity by Type ($ billion)
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibit 91: Chart on Spain - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Spain - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Spain - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Spain - Year-over-year growth 2023-2028 (%)
Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
Exhibit 107: Overview on factors of disruption
Exhibit 108: Impact of key risks on business
Exhibit 109: Vendors covered
Exhibit 110: Matrix on vendor position and classification
Exhibit 111: Agriculture Insurance Co. of India Ltd. - Overview
Exhibit 112: Agriculture Insurance Co. of India Ltd. - Product / Service
Exhibit 113: Agriculture Insurance Co. of India Ltd. - Key offerings
Exhibit 114: Allianz SE - Overview
Exhibit 115: Allianz SE - Business segments
Exhibit 116: Allianz SE - Key news
Exhibit 117: Allianz SE - Key offerings
Exhibit 118: Allianz SE - Segment focus
Exhibit 119: American International Group Inc. - Overview
Exhibit 120: American International Group Inc. - Business segments
Exhibit 121: American International Group Inc. - Key news
Exhibit 122: American International Group Inc. - Key offerings
Exhibit 123: American International Group Inc. - Segment focus
Exhibit 124: Aon plc - Overview
Exhibit 125: Aon plc - Business segments
Exhibit 126: Aon plc - Key offerings
Exhibit 127: Aon plc - Segment focus
Exhibit 128: AXA Group - Overview
Exhibit 129: AXA Group - Business segments
Exhibit 130: AXA Group - Key offerings
Exhibit 131: AXA Group - Segment focus
Exhibit 132: Bajaj Finserv Ltd. - Overview
Exhibit 133: Bajaj Finserv Ltd. - Business segments
Exhibit 134: Bajaj Finserv Ltd. - Key offerings
Exhibit 135: Bajaj Finserv Ltd. - Segment focus
Exhibit 136: Chubb Ltd. - Overview
Exhibit 137: Chubb Ltd. - Business segments
Exhibit 138: Chubb Ltd. - Key news
Exhibit 139: Chubb Ltd. - Key offerings
Exhibit 140: Chubb Ltd. - Segment focus
Exhibit 141: Everest Re Group Ltd. - Overview
Exhibit 142: Everest Re Group Ltd. - Business segments
Exhibit 143: Everest Re Group Ltd. - Key offerings
Exhibit 144: Everest Re Group Ltd. - Segment focus
Exhibit 145: Hannover Re - Overview
Exhibit 146: Hannover Re - Product / Service
Exhibit 147: Hannover Re - Key offerings
Exhibit 148: ICICI Bank Ltd. - Overview
Exhibit 149: ICICI Bank Ltd. - Business segments
Exhibit 150: ICICI Bank Ltd. - Key offerings
Exhibit 151: ICICI Bank Ltd. - Segment focus
Exhibit 152: Indian Farmers Fertiliser Cooperative Ltd. - Overview
Exhibit 153: Indian Farmers Fertiliser Cooperative Ltd. - Product / Service
Exhibit 154: Indian Farmers Fertiliser Cooperative Ltd. - Key offerings
Exhibit 155: Munich Reinsurance Co. - Overview
Exhibit 156: Munich Reinsurance Co. - Business segments
Exhibit 157: Munich Reinsurance Co. - Key offerings
Exhibit 158: Munich Reinsurance Co. - Segment focus
Exhibit 159: Reliance Industries Ltd. - Overview
Exhibit 160: Reliance Industries Ltd. - Business segments
Exhibit 161: Reliance Industries Ltd. - Key news
Exhibit 162: Reliance Industries Ltd. - Key offerings
Exhibit 163: Reliance Industries Ltd. - Segment focus
Exhibit 164: State Bank of India - Overview
Exhibit 165: State Bank of India - Business segments
Exhibit 166: State Bank of India - Key offerings
Exhibit 167: State Bank of India - Segment focus
Exhibit 168: Sundaram Finance Ltd. - Overview
Exhibit 169: Sundaram Finance Ltd. - Product / Service
Exhibit 170: Sundaram Finance Ltd. - Key offerings
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
Exhibit 173: Currency conversion rates for US$
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
Exhibit 177: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global crop insurance market: Agriculture Insurance Co. of India Ltd., Allianz SE, American International Group Inc., Aon plc, AXA Group, Bajaj Finserv Ltd., Chubb Ltd., Everest Re Group Ltd., Hannover Re, ICICI Bank Ltd., Indian Farmers Fertiliser Cooperative Ltd., MARSH LLC, Munich Reinsurance Co., QBE Insurance Group Ltd., Reliance Industries Ltd., Sompo Holdings Inc., State Bank of India, Sundaram Finance Ltd., Swiss Re Ltd., and Willis Towers Watson Public Ltd. Co.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is digital initiatives in crop insurance.'

According to the report, one of the major drivers for this market is the extreme weather conditions due to global warming.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Agriculture Insurance Co. of India Ltd.
  • Allianz SE
  • American International Group Inc.
  • Aon plc
  • AXA Group
  • Bajaj Finserv Ltd.
  • Chubb Ltd.
  • Everest Re Group Ltd.
  • Hannover Re
  • ICICI Bank Ltd.
  • Indian Farmers Fertiliser Cooperative Ltd.
  • MARSH LLC
  • Munich Reinsurance Co.
  • QBE Insurance Group Ltd.
  • Reliance Industries Ltd.
  • Sompo Holdings Inc.
  • State Bank of India
  • Sundaram Finance Ltd.
  • Swiss Re Ltd.
  • Willis Towers Watson Public Ltd. Co.