Global Zoo Insurance Market Growth (Status and Outlook) 2026-2032
Description
The global Zoo Insurance market size is predicted to grow from US$ 944 million in 2025 to US$ 1497 million in 2032; it is expected to grow at a CAGR of 6.8% from 2026 to 2032.
Zoo Insurance refers to a specialized segment of commercial and specialty insurance designed to cover operational, liability, asset, and animal-related risks associated with zoological parks, aquariums, wildlife parks, and conservation institutions. In 2025, the average annual insurance premium for a zoo is approximately US$120,000, with around 7,500 insured zoological institutions globally. The industry typically maintains a gross margin of 30%–45%, supported by high underwriting complexity, risk-based pricing models, regulatory compliance requirements, and long-term policy renewals. The insurance value chain includes upstream actuarial modeling, reinsurance capacity, and regulatory frameworks; midstream insurers and underwriters focus on policy structuring, risk assessment, claims management, and compliance; downstream customers consist primarily of public and private zoos, aquariums, safari parks, wildlife conservation centers, and zoological research institutions.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 318%.
LPI (LP Information)' newest research report, the “Zoo Insurance Industry Forecast” looks at past sales and reviews total world Zoo Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Zoo Insurance sales for 2026 through 2032. With Zoo Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Zoo Insurance industry.
This Insight Report provides a comprehensive analysis of the global Zoo 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 Zoo Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Zoo Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Zoo 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 Zoo Insurance.
This report presents a comprehensive overview, market shares, and growth opportunities of Zoo Insurance market by product type, application, key players and key regions and countries.
Segmentation by Type:
Short Term
Mid Term
Long Term
Segmentation by Coverage Type:
Public Liability Insurance
Animal Mortality Insurance
Property & Asset Insurance
Business Interruption Insurance
Environmental Liability Insurance
Segmentation by Risk Exposure:
Human Injury Risk
Animal Escape Risk
Disease & Biosecurity Risk
Natural Disaster Risk
Legal & Litigation Risk
Segmentation by Application:
Large Enterprise
SMEs
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.
Zurich
AFCA
Liberty Mutual Insurance
AXA
Chubb
American International Group
Allstate Insurance Company
Allianz
Admiral
State Farm Automobile Insurance Company
Markel Corporation
Liberty Mutual
Please note: The report will take approximately 2 business days to prepare and deliver.
Zoo Insurance refers to a specialized segment of commercial and specialty insurance designed to cover operational, liability, asset, and animal-related risks associated with zoological parks, aquariums, wildlife parks, and conservation institutions. In 2025, the average annual insurance premium for a zoo is approximately US$120,000, with around 7,500 insured zoological institutions globally. The industry typically maintains a gross margin of 30%–45%, supported by high underwriting complexity, risk-based pricing models, regulatory compliance requirements, and long-term policy renewals. The insurance value chain includes upstream actuarial modeling, reinsurance capacity, and regulatory frameworks; midstream insurers and underwriters focus on policy structuring, risk assessment, claims management, and compliance; downstream customers consist primarily of public and private zoos, aquariums, safari parks, wildlife conservation centers, and zoological research institutions.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 318%.
LPI (LP Information)' newest research report, the “Zoo Insurance Industry Forecast” looks at past sales and reviews total world Zoo Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Zoo Insurance sales for 2026 through 2032. With Zoo Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Zoo Insurance industry.
This Insight Report provides a comprehensive analysis of the global Zoo 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 Zoo Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Zoo Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Zoo 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 Zoo Insurance.
This report presents a comprehensive overview, market shares, and growth opportunities of Zoo Insurance market by product type, application, key players and key regions and countries.
Segmentation by Type:
Short Term
Mid Term
Long Term
Segmentation by Coverage Type:
Public Liability Insurance
Animal Mortality Insurance
Property & Asset Insurance
Business Interruption Insurance
Environmental Liability Insurance
Segmentation by Risk Exposure:
Human Injury Risk
Animal Escape Risk
Disease & Biosecurity Risk
Natural Disaster Risk
Legal & Litigation Risk
Segmentation by Application:
Large Enterprise
SMEs
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.
Zurich
AFCA
Liberty Mutual Insurance
AXA
Chubb
American International Group
Allstate Insurance Company
Allianz
Admiral
State Farm Automobile Insurance Company
Markel Corporation
Liberty Mutual
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
105 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Zoo Insurance Market Size by Player
- 4 Zoo Insurance by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global Zoo Insurance Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
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