
Pet Insurance Industry Research Report 2025
Description
Summary
This report studies the Pet Insurance market, Pet insurance is a type of specialty property and casualty insurance policy that pet owners purchase to cover the unintended costs that arise in providing care for a pet, including veterinary services such as surgical procedures, injuries from accidents, and prescribed pet medicines. Pet insurance is purely a reimbursement program. A form of property and casualty insurance, pet insurance provides reimbursement to the owner after the pet has received required care and the owner submits a claim to the insurance company.
According to APO Research, The global Pet Insurance market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Pet Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Pet Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Pet Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Pet Insurance include Petplan UK (Allianz), Nationwide, Trupanion, Petplan NorthAmerica(Allianz), Hartville Group, Pethealth, Petfirst, Embrace and Royal & Sun Alliance (RSA), etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Pet Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pet Insurance.
The Pet Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Pet Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Pet Insurance Segment by Company
Petplan UK (Allianz)
Nationwide
Trupanion
Petplan NorthAmerica(Allianz)
Hartville Group
Pethealth
Petfirst
Embrace
Royal & Sun Alliance (RSA)
Direct Line Group
Agria
Petsecure
PetSure
Anicom Holding
ipet Insurance
Japan Animal Club
Pet Insurance Segment by Type
Lifetime Cover
Non-lifetime Cover
Accident-only
Other
Pet Insurance Segment by Application
Dog
Cat
Other
Pet Insurance Segment by Application
Dog
Cat
Other
Pet Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Pet Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Pet Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Pet Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Pet Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
This report studies the Pet Insurance market, Pet insurance is a type of specialty property and casualty insurance policy that pet owners purchase to cover the unintended costs that arise in providing care for a pet, including veterinary services such as surgical procedures, injuries from accidents, and prescribed pet medicines. Pet insurance is purely a reimbursement program. A form of property and casualty insurance, pet insurance provides reimbursement to the owner after the pet has received required care and the owner submits a claim to the insurance company.
According to APO Research, The global Pet Insurance market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Pet Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Pet Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Pet Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Pet Insurance include Petplan UK (Allianz), Nationwide, Trupanion, Petplan NorthAmerica(Allianz), Hartville Group, Pethealth, Petfirst, Embrace and Royal & Sun Alliance (RSA), etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Pet Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pet Insurance.
The Pet Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Pet Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Pet Insurance Segment by Company
Petplan UK (Allianz)
Nationwide
Trupanion
Petplan NorthAmerica(Allianz)
Hartville Group
Pethealth
Petfirst
Embrace
Royal & Sun Alliance (RSA)
Direct Line Group
Agria
Petsecure
PetSure
Anicom Holding
ipet Insurance
Japan Animal Club
Pet Insurance Segment by Type
Lifetime Cover
Non-lifetime Cover
Accident-only
Other
Pet Insurance Segment by Application
Dog
Cat
Other
Pet Insurance Segment by Application
Dog
Cat
Other
Pet Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Pet Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Pet Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Pet Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Pet Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
Table of Contents
146 Pages
- 1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
- 2 Market Overview
- 2.1 Product Definition
- 2.2 Pet Insurance by Type
- 2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
- 2.2.2 Lifetime Cover
- 2.2.3 Non-lifetime Cover
- 2.2.4 Accident-only
- 2.2.5 Other
- 2.3 Pet Insurance by Application
- 2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
- 2.3.2 Dog
- 2.3.3 Cat
- 2.3.4 Other
- 2.4 Assumptions and Limitations
- 3 Pet Insurance Breakdown Data by Type
- 3.1 Global Pet Insurance Historic Market Size by Type (2020-2025)
- 3.2 Global Pet Insurance Forecasted Market Size by Type (2026-2031)
- 4 Pet Insurance Breakdown Data by Application
- 4.1 Global Pet Insurance Historic Market Size by Application (2020-2025)
- 4.2 Global Pet Insurance Forecasted Market Size by Application (2026-2031)
- 5 Global Growth Trends
- 5.1 Global Pet Insurance Market Perspective (2020-2031)
- 5.2 Global Pet Insurance Growth Trends by Region
- 5.2.1 Global Pet Insurance Market Size by Region: 2020 VS 2024 VS 2031
- 5.2.2 Pet Insurance Historic Market Size by Region (2020-2025)
- 5.2.3 Pet Insurance Forecasted Market Size by Region (2026-2031)
- 5.3 Pet Insurance Market Dynamics
- 5.3.1 Pet Insurance Industry Trends
- 5.3.2 Pet Insurance Market Drivers
- 5.3.3 Pet Insurance Market Challenges
- 5.3.4 Pet Insurance Market Restraints
- 6 Market Competitive Landscape by Players
- 6.1 Global Top Pet Insurance Players by Revenue
- 6.1.1 Global Top Pet Insurance Players by Revenue (2020-2025)
- 6.1.2 Global Pet Insurance Revenue Market Share by Players (2020-2025)
- 6.2 Global Pet Insurance Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Pet Insurance Head Office and Area Served
- 6.4 Global Pet Insurance Players, Product Type & Application
- 6.5 Global Pet Insurance Manufacturers Established Date
- 6.6 Global Pet Insurance Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
- 7 North America
- 7.1 North America Pet Insurance Market Size (2020-2031)
- 7.2 North America Pet Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 7.3 North America Pet Insurance Market Size by Country (2020-2025)
- 7.4 North America Pet Insurance Market Size by Country (2026-2031)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
- 8 Europe
- 8.1 Europe Pet Insurance Market Size (2020-2031)
- 8.2 Europe Pet Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 8.3 Europe Pet Insurance Market Size by Country (2020-2025)
- 8.4 Europe Pet Insurance Market Size by Country (2026-2031)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
- 9 Asia-Pacific
- 9.1 Asia-Pacific Pet Insurance Market Size (2020-2031)
- 9.2 Asia-Pacific Pet Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 9.3 Asia-Pacific Pet Insurance Market Size by Country (2020-2025)
- 9.4 Asia-Pacific Pet Insurance Market Size by Country (2026-2031)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
- 10 South America
- 10.1 South America Pet Insurance Market Size (2020-2031)
- 10.2 South America Pet Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 10.3 South America Pet Insurance Market Size by Country (2020-2025)
- 10.4 South America Pet Insurance Market Size by Country (2026-2031)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
- 11 Middle East & Africa
- 11.1 Middle East & Africa Pet Insurance Market Size (2020-2031)
- 11.2 Middle East & Africa Pet Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
- 11.3 Middle East & Africa Pet Insurance Market Size by Country (2020-2025)
- 11.4 Middle East & Africa Pet Insurance Market Size by Country (2026-2031)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
- 12 Players Profiled
- 12.1 Petplan UK (Allianz)
- 12.1.1 Petplan UK (Allianz) Company Information
- 12.1.2 Petplan UK (Allianz) Business Overview
- 12.1.3 Petplan UK (Allianz) Revenue in Pet Insurance Business (2020-2025)
- 12.1.4 Petplan UK (Allianz) Pet Insurance Product Portfolio
- 12.1.5 Petplan UK (Allianz) Recent Developments
- 12.2 Nationwide
- 12.2.1 Nationwide Company Information
- 12.2.2 Nationwide Business Overview
- 12.2.3 Nationwide Revenue in Pet Insurance Business (2020-2025)
- 12.2.4 Nationwide Pet Insurance Product Portfolio
- 12.2.5 Nationwide Recent Developments
- 12.3 Trupanion
- 12.3.1 Trupanion Company Information
- 12.3.2 Trupanion Business Overview
- 12.3.3 Trupanion Revenue in Pet Insurance Business (2020-2025)
- 12.3.4 Trupanion Pet Insurance Product Portfolio
- 12.3.5 Trupanion Recent Developments
- 12.4 Petplan NorthAmerica(Allianz)
- 12.4.1 Petplan NorthAmerica(Allianz) Company Information
- 12.4.2 Petplan NorthAmerica(Allianz) Business Overview
- 12.4.3 Petplan NorthAmerica(Allianz) Revenue in Pet Insurance Business (2020-2025)
- 12.4.4 Petplan NorthAmerica(Allianz) Pet Insurance Product Portfolio
- 12.4.5 Petplan NorthAmerica(Allianz) Recent Developments
- 12.5 Hartville Group
- 12.5.1 Hartville Group Company Information
- 12.5.2 Hartville Group Business Overview
- 12.5.3 Hartville Group Revenue in Pet Insurance Business (2020-2025)
- 12.5.4 Hartville Group Pet Insurance Product Portfolio
- 12.5.5 Hartville Group Recent Developments
- 12.6 Pethealth
- 12.6.1 Pethealth Company Information
- 12.6.2 Pethealth Business Overview
- 12.6.3 Pethealth Revenue in Pet Insurance Business (2020-2025)
- 12.6.4 Pethealth Pet Insurance Product Portfolio
- 12.6.5 Pethealth Recent Developments
- 12.7 Petfirst
- 12.7.1 Petfirst Company Information
- 12.7.2 Petfirst Business Overview
- 12.7.3 Petfirst Revenue in Pet Insurance Business (2020-2025)
- 12.7.4 Petfirst Pet Insurance Product Portfolio
- 12.7.5 Petfirst Recent Developments
- 12.8 Embrace
- 12.8.1 Embrace Company Information
- 12.8.2 Embrace Business Overview
- 12.8.3 Embrace Revenue in Pet Insurance Business (2020-2025)
- 12.8.4 Embrace Pet Insurance Product Portfolio
- 12.8.5 Embrace Recent Developments
- 12.9 Royal & Sun Alliance (RSA)
- 12.9.1 Royal & Sun Alliance (RSA) Company Information
- 12.9.2 Royal & Sun Alliance (RSA) Business Overview
- 12.9.3 Royal & Sun Alliance (RSA) Revenue in Pet Insurance Business (2020-2025)
- 12.9.4 Royal & Sun Alliance (RSA) Pet Insurance Product Portfolio
- 12.9.5 Royal & Sun Alliance (RSA) Recent Developments
- 12.10 Direct Line Group
- 12.10.1 Direct Line Group Company Information
- 12.10.2 Direct Line Group Business Overview
- 12.10.3 Direct Line Group Revenue in Pet Insurance Business (2020-2025)
- 12.10.4 Direct Line Group Pet Insurance Product Portfolio
- 12.10.5 Direct Line Group Recent Developments
- 12.11 Agria
- 12.11.1 Agria Company Information
- 12.11.2 Agria Business Overview
- 12.11.3 Agria Revenue in Pet Insurance Business (2020-2025)
- 12.11.4 Agria Pet Insurance Product Portfolio
- 12.11.5 Agria Recent Developments
- 12.12 Petsecure
- 12.12.1 Petsecure Company Information
- 12.12.2 Petsecure Business Overview
- 12.12.3 Petsecure Revenue in Pet Insurance Business (2020-2025)
- 12.12.4 Petsecure Pet Insurance Product Portfolio
- 12.12.5 Petsecure Recent Developments
- 12.13 PetSure
- 12.13.1 PetSure Company Information
- 12.13.2 PetSure Business Overview
- 12.13.3 PetSure Revenue in Pet Insurance Business (2020-2025)
- 12.13.4 PetSure Pet Insurance Product Portfolio
- 12.13.5 PetSure Recent Developments
- 12.14 Anicom Holding
- 12.14.1 Anicom Holding Company Information
- 12.14.2 Anicom Holding Business Overview
- 12.14.3 Anicom Holding Revenue in Pet Insurance Business (2020-2025)
- 12.14.4 Anicom Holding Pet Insurance Product Portfolio
- 12.14.5 Anicom Holding Recent Developments
- 12.15 ipet Insurance
- 12.15.1 ipet Insurance Company Information
- 12.15.2 ipet Insurance Business Overview
- 12.15.3 ipet Insurance Revenue in Pet Insurance Business (2020-2025)
- 12.15.4 ipet Insurance Pet Insurance Product Portfolio
- 12.15.5 ipet Insurance Recent Developments
- 12.16 Japan Animal Club
- 12.16.1 Japan Animal Club Company Information
- 12.16.2 Japan Animal Club Business Overview
- 12.16.3 Japan Animal Club Revenue in Pet Insurance Business (2020-2025)
- 12.16.4 Japan Animal Club Pet Insurance Product Portfolio
- 12.16.5 Japan Animal Club Recent Developments
- 13 Report Conclusion
- 14 Disclaimer
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