Agricultural Insurance 2018: Analysis, Research, Tenders, Growth, Tendencies and Forecast to 2022 - PowerPoint PPT Presentation

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Agricultural Insurance 2018: Analysis, Research, Tenders, Growth, Tendencies and Forecast to 2022

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The global agriculture insurance market size is estimated to be over USD 30 billion by 2022. The rising demand for crops for direct human consumption as well as industrial processes has led to a growth in automation and other modern practices in agriculture. – PowerPoint PPT presentation

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Title: Agricultural Insurance 2018: Analysis, Research, Tenders, Growth, Tendencies and Forecast to 2022


1
Global Agricultural Insurance Market Size 2017
  • By Distribution Channel (Agency, Broker,
    Bancassurance, Direct writing), By Type
    (Crop/MPCI Insurance,Crop/Hail Insurance,
    Livestock Insurance, Other Insurance), By Region
    and Forecast 2017 to 2022

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2
Global Agricultural Insurance Market Size And
Forecast, 2012-2022
  • The global agriculture insurance market size is
    estimated to be over USD 30 billion by 2022. The
    rising demand for crops for direct human
    consumption as well as industrial processes has
    led to a growth in automation and other modern
    practices in agriculture.
  • Rising incidents of natural calamities across the
    world has resulted in an increasing number of
    farmers opting for agriculture insurance to
    protect their crops, equipment, and livestock.
    Special emphasis has been witnessed on promoting
    crop insurance in some of the leading
    agriculture-oriented countries including India
    and China.
  • Agriculture contributed to approximately
    one-third of the global GDP in 2017. Apart from
    boosting the economic growth, development in the
    agriculture sector is also equally important for
    the growth of the poor population across the
    globe. According to the World Bank, agriculture
    is the source of income for 65 of the worlds
    poor working population. Thus, significant
    investment in the agriculture sector has become
    equally important for developing nations,
    especially for agro-based economies.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/agricultural-insurance-market

3
Global Agricultural Insurance Market Size And
Forecast, 2012-2022
  • The risk involved in agriculture is quite high as
    the yield is mainly dependent upon the weather.
    Crop failure due to seasonal variations can
    severely impact the farmers, as well as the other
    segments present in the agriculture value chain.
    Price volatility is another important factor
    which creates an uncertain environment.
    Variations in the commodity prices or input
    prices may impact the profit margin or even cause
    loss to the agriculture sector. Owing to these
    factors, investments are being made increasingly
    in the agriculture insurance sector with high
    support by the governing as well as international
    bodies.
  • Agricultural insurance began mainly for the
    livestock insurance for protection against the
    risk of livestock mortality. Insurance against
    crop failure due to hail was also prominent
    earlier, especially in the western part of the
    globe which soon spread to Japan, Canada, and
    other countries.
  • Agriculture insurance is prevalent in the
    developed economies of North America and Europe
    due to support by various authorized bodies.
    Developing economies pose a significant
    opportunity for growth with significant
    investments made by local bodies to provide
    insurance against potential risk for crop
    failure. Overall, the global agriculture
    insurance market is anticipated to witness
    impressive growth over coming years with CAGR
    2.8.
  • The vendor landscape of the global agricultural
    insurance market is highly fragmented due to the
    presence of several local players. Typically,
    majority of the players cater to their local
    market with presence in overseas as well.
    Companies such as Peoples Insurance Company
    (Group) of China Limited (PICC), the Chubb
    Corporation, QBE Insurance Group Limited, XL
    Group Limited, Münchener Rückversicherungs-Gesells
    chaft Aktiengesellschaft and Tokio Marine
    Holdings, Inc. have a broader presence within the
    global market.

4
Key segments of the global agriculture insurance
market
  • Distribution Channel Overview, 2012  2022 (USD
    Million)
  • Agency
  • Broker
  • Bancassurance
  • Direct writing
  • Insurance Type Overview, 2012 2022 (USD
    Million)
  • Crop/MPCI Insurance
  • Crop/Hail Insurance
  • Livestock Insurance
  • Others

5
Key segments of the global agriculture insurance
market
  • Regional Overview, 2012 2022 (USD Million)
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa
  • Purchase a single user copy of the global
    agriculture insurance market report _at_
    https//www.adroitmarketresearch.com/researchrepor
    t/purchase/11

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters 3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
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