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Agriculture Insurance Market Size, Share & Trends Analysis Report By Product Type (Multi-peril Crop Insurance (MPCI), Crop-hail Insurance, Livestock Insurance), By Provider, By Distribution Channel (Insurance Companies, Banks), By Region, And Segment Fore

Publisher Grand View Research
Published Oct 13, 2025
Length 150 Pages
SKU # GV20575059

Description

Agriculture Insurance Market Summary

The global agriculture insurance market size was estimated at USD 41.47 billion in 2024 and is projected to reach USD 70.02 billion by 2033, growing at a CAGR of 5.96% from 2025 to 2033. The growing frequency and intensity of climate-related events, including droughts, floods, hurricanes, and pest outbreaks, are influencing farmers to seek insurance as a protective measure against financial losses.

Governments in both developed and developing nations are significantly contributing by offering subsidies and policy assistance to motivate farmers to invest in livestock and crops insurance, which in turn helps secure food supply and stabilize rural incomes. In addition, the increasing globalization of the food supply chain and the rising demand for agricultural products heighten the necessity for risk management solutions to shield against price fluctuations and production uncertainties.

Global Agriculture Insurance Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global agriculture insurance market report based on product type, distribution channel, provider, and region:
  • Product Type Outlook (Revenue, USD Billion, 2021 - 2033)
  • Multi-peril Crop Insurance (MPCI)
  • Crop-hail Insurance
  • Livestock Insurance
  • Others
  • Provider Outlook (Revenue, USD Billion, 2021 - 2033)
  • Public
  • Private
  • Distribution Channel Outlook (Revenue, USD Billion, 2021 - 2033)
  • Banks
  • Insurance Companies
  • Others
  • Regional Outlook (Revenue, USD Billion, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Latin America
  • Brazil
  • Argentina
  • Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
Please note The report will be delivered in 2-3 business days upon order notification.

Table of Contents

150 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.3.5. Details of Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.5.1. Commodity Flow Analysis
1.6. Data Validation & Publishing
1.7. List of Secondary Sources
1.8. Research Objectives
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Snapshot
2.3. Competitive Insights Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage
3.1.1. Parent Market Analysis
3.1.2. Ancillary Market Analysis
3.2. Agriculture Insurance Market- Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Business Environmental Tools Analysis: Agriculture Insurance Market
3.3.1. Porter’s Five Forces Analysis
3.3.2. PESTLE Analysis
Chapter 4. Agriculture Insurance Market: Product Type Estimates & Trend Analysis
4.1. Agriculture Insurance Market, By Product Type: Key Takeaways
4.2. Agriculture Insurance Market: Product Type Movement & Market Share Analysis, 2024 & 2033
4.3. Multi-peril Crop Insurance (MPCI)
4.3.1. Multi-peril Crop Insurance (MPCI) Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
4.4. Crop-hail Insurance
4.4.1. Crop-hail Insurance Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
4.5. Livestock Insurance
4.5.1. Livestock Insurance Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
4.6. Others
4.6.1. Others Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 5. Agriculture Insurance Market: Provider Estimates & Trend Analysis
5.1. Agriculture Insurance Market, By Provider: Key Takeaways
5.2. Agriculture Insurance Market: Provider Movement & Market Share Analysis, 2024 & 2033
5.3. Public
5.3.1. Public Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
5.4. Private
5.4.1. Private Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 6. Agriculture Insurance Market: Distribution Channel Estimates & Trend Analysis
6.1. Agriculture Insurance Market, By Distribution Channel: Key Takeaways
6.2. Agriculture Insurance Market: Distribution Channel Movement & Market Share Analysis, 2024 & 2033
6.3. Banks
6.3.1. Banks Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
6.4. Insurance Companies
6.4.1. Insurance Companies Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
6.5. Others
6.5.1. Others Market Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 7. Agriculture Insurance Market: Regional Estimates & Trend Analysis
7.1. Regional Market Share Analysis, 2024 & 2033
7.2. Regional Market Dashboard
7.3. Global Regional Market Snapshot
7.4. North America
7.4.1. U.S.
7.4.1.1. Key country dynamics
7.4.1.2. Regulatory framework
7.4.1.3. Competitive scenario
7.4.1.4. U.S. market estimates and forecasts 2021 to 2033 (USD Billion)
7.4.2. Canada
7.4.2.1. Key country dynamics
7.4.2.2. Regulatory framework
7.4.2.3. Competitive scenario
7.4.2.4. Canada market estimates and forecasts 2021 to 2033 (USD Billion)
7.4.3. Mexico
7.4.3.1. Key country dynamics
7.4.3.2. Regulatory framework
7.4.3.3. Competitive scenario
7.4.3.4. Mexico market estimates and forecasts 2021 to 2033 (USD Billion)
7.5. Europe
7.5.1. UK
7.5.1.1. Key country dynamics
7.5.1.2. Regulatory framework
7.5.1.3. Competitive scenario
7.5.1.4. UK market estimates and forecasts 2021 to 2033 (USD Billion)
7.5.2. Germany
7.5.2.1. Key country dynamics
7.5.2.2. Regulatory framework
7.5.2.3. Competitive scenario
7.5.2.4. Germany market estimates and forecasts 2021 to 2033 (USD Billion)
7.5.3. France
7.5.3.1. Key country dynamics
7.5.3.2. Regulatory framework
7.5.3.3. Competitive scenario
7.5.3.4. France market estimates and forecasts 2021 to 2033 (USD Billion)
7.5.4. Italy
7.5.4.1. Key country dynamics
7.5.4.2. Regulatory framework
7.5.4.3. Competitive scenario
7.5.4.4. Italy market estimates and forecasts 2021 to 2033 (USD Billion)
7.5.5. Spain
7.5.5.1. Key country dynamics
7.5.5.2. Regulatory framework
7.5.5.3. Competitive scenario
7.5.5.4. Spain market estimates and forecasts 2021 to 2033 (USD Billion)
7.5.6. Norway
7.5.6.1. Key country dynamics
7.5.6.2. Regulatory framework
7.5.6.3. Competitive scenario
7.5.6.4. Norway market estimates and forecasts 2021 to 2033 (USD Billion)
7.5.7. Sweden
7.5.7.1. Key country dynamics
7.5.7.2. Regulatory framework
7.5.7.3. Competitive scenario
7.5.7.4. Sweden market estimates and forecasts 2021 to 2033 (USD Billion)
7.5.8. Denmark
7.5.8.1. Key country dynamics
7.5.8.2. Regulatory framework
7.5.8.3. Competitive scenario
7.5.8.4. Denmark market estimates and forecasts 2021 to 2033 (USD Billion)
7.6. Asia Pacific
7.6.1. Japan
7.6.1.1. Key country dynamics
7.6.1.2. Regulatory framework
7.6.1.3. Competitive scenario
7.6.1.4. Japan market estimates and forecasts 2021 to 2033 (USD Billion)
7.6.2. China
7.6.2.1. Key country dynamics
7.6.2.2. Regulatory framework
7.6.2.3. Competitive scenario
7.6.2.4. China market estimates and forecasts 2021 to 2033 (USD Billion)
7.6.3. India
7.6.3.1. Key country dynamics
7.6.3.2. Regulatory framework
7.6.3.3. Competitive scenario
7.6.3.4. India market estimates and forecasts 2021 to 2033 (USD Billion)
7.6.4. Australia
7.6.4.1. Key country dynamics
7.6.4.2. Regulatory framework
7.6.4.3. Competitive scenario
7.6.4.4. Australia market estimates and forecasts 2021 to 2033 (USD Billion)
7.6.5. South Korea
7.6.5.1. Key country dynamics
7.6.5.2. Regulatory framework
7.6.5.3. Competitive scenario
7.6.5.4. South Korea market estimates and forecasts 2021 to 2033 (USD Billion)
7.6.6. Thailand
7.6.6.1. Key country dynamics
7.6.6.2. Regulatory framework
7.6.6.3. Competitive scenario
7.6.6.4. Singapore market estimates and forecasts 2021 to 2033 (USD Billion)
7.7. Latin America
7.7.1. Brazil
7.7.1.1. Key country dynamics
7.7.1.2. Regulatory framework
7.7.1.3. Competitive scenario
7.7.1.4. Brazil market estimates and forecasts 2021 to 2033 (USD Billion)
7.7.2. Argentina
7.7.2.1. Key country dynamics
7.7.2.2. Regulatory framework
7.7.2.3. Competitive scenario
7.7.2.4. Argentina market estimates and forecasts 2021 to 2033 (USD Billion)
7.8. MEA
7.8.1. South Africa
7.8.1.1. Key country dynamics
7.8.1.2. Regulatory framework
7.8.1.3. Competitive scenario
7.8.1.4. South Africa market estimates and forecasts 2021 to 2033 (USD Billion)
7.8.2. Saudi Arabia
7.8.2.1. Key country dynamics
7.8.2.2. Regulatory framework
7.8.2.3. Competitive scenario
7.8.2.4. Saudi Arabia market estimates and forecasts 2021 to 2033 (USD Billion)
7.8.3. UAE
7.8.3.1. Key country dynamics
7.8.3.2. Regulatory framework
7.8.3.3. Competitive scenario
7.8.3.4. UAE market estimates and forecasts 2021 to 2033 (USD Billion)
7.8.4. Kuwait
7.8.4.1. Key country dynamics
7.8.4.2. Regulatory framework
7.8.4.3. Competitive scenario
7.8.4.4. Kuwait market estimates and forecasts 2021 to 2033 (USD Billion)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company/Competition Categorization
8.3. Company market position analysis, 2024
8.4. List of Companies
8.4.1. Zurich Insurance Company Ltd.
8.4.1.1. Company overview
8.4.1.2. Financial performance
8.4.1.3. Product benchmarking
8.4.1.4. Strategic initiatives
8.4.2. Tokio Marine HCC (HCC Insurance Holdings, Inc.)
8.4.2.1. Company overview
8.4.2.2. Financial performance
8.4.2.3. Product benchmarking
8.4.2.4. Strategic initiatives
8.4.3. Farmers Mutual Hail Insurance Company of Iowa
8.4.3.1. Company overview
8.4.3.2. Financial performance
8.4.3.3. Product benchmarking
8.4.3.4. Strategic initiatives
8.4.4. Sompo International Holdings Ltd.
8.4.4.1. Company overview
8.4.4.2. Financial performance
8.4.4.3. Product benchmarking
8.4.4.4. Strategic initiatives
8.4.5. Allianz SE
8.4.5.1. Company overview
8.4.5.2. Financial performance
8.4.5.3. Product benchmarking
8.4.5.4. Strategic initiatives
8.4.6. Munich Re
8.4.6.1. Company overview
8.4.6.2. Financial performance
8.4.6.3. Product benchmarking
8.4.6.4. Strategic initiatives
8.4.7. AXA SA
8.4.7.1. Company overview
8.4.7.2. Financial performance
8.4.7.3. Product benchmarking
8.4.7.4. Strategic initiatives
8.4.8. ICICI Lombard General Insurance Company Ltd.
8.4.8.1. Company overview
8.4.8.2. Financial performance
8.4.8.3. Product benchmarking
8.4.8.4. Strategic initiatives
8.4.9. HDFC ERGO General Insurance Company Ltd.
8.4.9.1. Company overview
8.4.9.2. Financial performance
8.4.9.3. Product benchmarking
8.4.9.4. Strategic initiatives
8.4.10. Anhua Agricultural Insurance Co., Ltd.
8.4.10.1. Company overview
8.4.10.2. Financial performance
8.4.10.3. Product benchmarking
8.4.10.4. Strategic initiatives
8.4.11. Suncorp Group Ltd.
8.4.11.1. Company overview
8.4.11.2. Financial performance
8.4.11.3. Product benchmarking
8.4.11.4. Strategic initiatives
8.4.12. Agro Nacional Seguros S.A.
8.4.12.1. Company overview
8.4.12.2. Financial performance
8.4.12.3. Product benchmarking
8.4.12.4. Strategic initiatives
8.4.13. MAPFRE S.A.
8.4.13.1. Company overview
8.4.13.2. Financial performance
8.4.13.3. Product benchmarking
8.4.13.4. Strategic initiatives

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