Global Agricultural Crop and Livestock Insurance Market Growth (Status and Outlook) 2026-2032
Description
The global Agricultural Crop and Livestock Insurance market size is predicted to grow from US$ 3387 million in 2025 to US$ 4702 million in 2032; it is expected to grow at a CAGR of 5.3% from 2026 to 2032.
Agricultural Crop and Livestock Insurance is a set of insurance products that transfer farmers’ and agribusinesses’ financial risks from weather, natural catastrophes, biological perils, and certain market or disease events to insurers and reinsurers. Crop covers include indemnity-based products such as named-peril (e.g., hail, frost) and multi-peril crop insurance (MPCI), as well as revenue/yield protection; they may also be index/parametric-based (area-yield, weather index, satellite/NDVI or soil-moisture indices) where payouts are triggered by objective measurements rather than field loss adjustment. Livestock insurance traditionally covers cattle, swine, poultry and other animals against mortality from accident, non-epidemic diseases, fire and natural perils, with optional extensions in some markets for epidemic disease-related slaughter orders, clean-up costs, and business interruption.
The global crop and livestock insurance market is fundamentally driven by climate volatility, rising value density in modern agriculture (higher input costs and larger farm-scale exposure), and the need for bankability—creditors and supply chains increasingly expect formal risk transfer to stabilize cash flows after bad seasons. Product structures are bifurcating: indemnity-based MPCI and revenue covers remain dominant in large subsidized programs, while index/parametric models are expanding where loss adjustment is costly or data is improving (weather stations, remote sensing, yield statistics).
LPI (LP Information)' newest research report, the “Agricultural Crop and Livestock Insurance Industry Forecast” looks at past sales and reviews total world Agricultural Crop and Livestock Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Agricultural Crop and Livestock Insurance sales for 2026 through 2032. With Agricultural Crop and Livestock Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agricultural Crop and Livestock Insurance industry.
This Insight Report provides a comprehensive analysis of the global Agricultural Crop and Livestock Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Agricultural Crop and Livestock Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Agricultural Crop and Livestock Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agricultural Crop and Livestock Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agricultural Crop and Livestock Insurance.
This report presents a comprehensive overview, market shares, and growth opportunities of Agricultural Crop and Livestock Insurance market by product type, application, key players and key regions and countries.
Segmentation by Type:
Crop Insurance
Livestock Insurance
Segmentation by Trigger & Loss Assessment:
Indemnity-Based (Field Loss Adjustment)
Index-Based-Parametric (Weather, Area-Yield,)
Others
Segmentation by Customer Type:
Smallholders & Cooperatives
Commercial Farms
Others
Segmentation by Application:
Agencies
Digital and Direct Channel
Bancassurance
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PICC
Zurich Insurance
Sompo
Chubb
Agriculture Insurance Company of India
QBE Insurance
AXA
China United Property Insurance
American Financial Group
Tokio Marine
Everest Re
Farmers Mutual Hail
Prudential Financial
SCOR
New India Assurance
Please note: The report will take approximately 2 business days to prepare and deliver.
Agricultural Crop and Livestock Insurance is a set of insurance products that transfer farmers’ and agribusinesses’ financial risks from weather, natural catastrophes, biological perils, and certain market or disease events to insurers and reinsurers. Crop covers include indemnity-based products such as named-peril (e.g., hail, frost) and multi-peril crop insurance (MPCI), as well as revenue/yield protection; they may also be index/parametric-based (area-yield, weather index, satellite/NDVI or soil-moisture indices) where payouts are triggered by objective measurements rather than field loss adjustment. Livestock insurance traditionally covers cattle, swine, poultry and other animals against mortality from accident, non-epidemic diseases, fire and natural perils, with optional extensions in some markets for epidemic disease-related slaughter orders, clean-up costs, and business interruption.
The global crop and livestock insurance market is fundamentally driven by climate volatility, rising value density in modern agriculture (higher input costs and larger farm-scale exposure), and the need for bankability—creditors and supply chains increasingly expect formal risk transfer to stabilize cash flows after bad seasons. Product structures are bifurcating: indemnity-based MPCI and revenue covers remain dominant in large subsidized programs, while index/parametric models are expanding where loss adjustment is costly or data is improving (weather stations, remote sensing, yield statistics).
LPI (LP Information)' newest research report, the “Agricultural Crop and Livestock Insurance Industry Forecast” looks at past sales and reviews total world Agricultural Crop and Livestock Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Agricultural Crop and Livestock Insurance sales for 2026 through 2032. With Agricultural Crop and Livestock Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agricultural Crop and Livestock Insurance industry.
This Insight Report provides a comprehensive analysis of the global Agricultural Crop and Livestock Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Agricultural Crop and Livestock Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Agricultural Crop and Livestock Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agricultural Crop and Livestock Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agricultural Crop and Livestock Insurance.
This report presents a comprehensive overview, market shares, and growth opportunities of Agricultural Crop and Livestock Insurance market by product type, application, key players and key regions and countries.
Segmentation by Type:
Crop Insurance
Livestock Insurance
Segmentation by Trigger & Loss Assessment:
Indemnity-Based (Field Loss Adjustment)
Index-Based-Parametric (Weather, Area-Yield,)
Others
Segmentation by Customer Type:
Smallholders & Cooperatives
Commercial Farms
Others
Segmentation by Application:
Agencies
Digital and Direct Channel
Bancassurance
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PICC
Zurich Insurance
Sompo
Chubb
Agriculture Insurance Company of India
QBE Insurance
AXA
China United Property Insurance
American Financial Group
Tokio Marine
Everest Re
Farmers Mutual Hail
Prudential Financial
SCOR
New India Assurance
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
111 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Agricultural Crop and Livestock Insurance Market Size by Player
- 4 Agricultural Crop and Livestock Insurance by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global Agricultural Crop and Livestock Insurance Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.



