Livestock Insurance Market By Size, Share and Forecast 2028 | TechSci Research

Global Livestock Insurance Market was valued at USD 3.21 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 7.65% through 2028. Global livestock insurance is a financial tool designed to mitigate the risks associated with livestock farming on a worldwide scale. It addresses the vulnerabilities faced by livestock producers, such as farmers and ranchers, by offering coverage against various perils that can impact their herds, including disease outbreaks, natural disasters, and market fluctuations. This specialized insurance operates on the premise of risk-sharing, where policyholders pay premiums to insurance providers in exchange for protection against the financial losses incurred due to unforeseen events.

Key Market Players

The Hartford, GramCover
HUB International Limited
The Accel Group
Rural Mutual Insurance Company
The Bath State Bank
Howden Insurance & Reinsurance Brokers (Phil.), Inc.
ICICI Lombard General Insurance Company Limited
Farm Bureau Financial Services
Future Generali India Insurance Company Ltd.
Shelter Insurance
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