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

Global Crop Insurance Market was valued at USD 39.32 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.33% through 2028. Global crop insurance is a financial tool designed to mitigate the risks faced by farmers due to unpredictable weather events, pests, diseases, and other factors that can lead to crop losses. This insurance scheme provides farmers with a safety net, ensuring they receive compensation when their crops are adversely affected, helping to stabilize their income and food security.

Key Market Players

Agriculture Insurance Company of India Limited
Chubb Limited
Santam (Sanlam)
Tokio Marine HCC
QBE Insurance Group
Zurich American Insurance Company
Sompo International Holdings Ltd (Sompo Holdings Inc.)
Great American Insurance Company (American Financial Group Inc.)
Philippine Crop Insurance Corporation
Axa S.A.
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