The global Crop Insurance Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Multi-peril Crop Insurance (MPCI), Crop-hail Insurance, Revenue Insurance), By Coverage (Yield Protection, Revenue Protection, Price Protection), By Distribution Channel (Government Agencies, Insurance Companies, Others).
The crop insurance market is becoming a critical pillar of agricultural risk management, particularly as climate change increases the frequency of unpredictable weather events, droughts, and floods. Farmers are increasingly relying on insurance schemes to stabilize income and protect against yield losses due to natural calamities or pest outbreaks. In 2025, digital platforms and satellite-based crop monitoring are enabling insurers to offer more accurate, data-driven policies, while government subsidies continue to play a key role in market expansion, especially in countries like India, China, and the U.S. The private sector is also innovating with parametric insurance models and AI-based claim assessment to reduce turnaround times. However, challenges remain in reaching smallholder farmers and ensuring transparency in payouts. The integration of blockchain and remote sensing technologies is expected to further transform the sector and enhance trust and scalability.
The market report analyses the leading companies in the industry including Agriculture Insurance Company of India Ltd, American International Group Inc, Chubb, FBL Financial Group Inc, Great American Insurance Company, Kshema General Insurance Ltd, QBE Insurance Ltd, Sompo, Tokio Marine HCC, Zurich, and others.
A significant trend in the crop insurance market is the increased use of digital platforms and technology to assess and manage risks. Insurance companies are leveraging satellite data, drones, and weather forecasting systems to monitor crop health, predict weather-related risks, and assess potential losses more accurately. The integration of AI and machine learning algorithms has further enhanced risk prediction, enabling insurers to offer more tailored policies. This digital transformation helps reduce operating costs, improve operational efficiency, and ultimately offer farmers more customized insurance plans.
The key driver for the growth of the crop insurance market is the increasing impact of climate change, which is leading to more frequent and severe weather events such as floods, droughts, and hailstorms. These unpredictable and extreme weather conditions are significantly affecting agricultural productivity, making crop insurance an essential tool for farmers to protect their livelihoods. As global climate patterns continue to evolve, farmers and insurers are increasingly recognizing the importance of crop insurance in mitigating financial risks.
A significant opportunity in the crop insurance market lies in expanding coverage to emerging markets, particularly in regions like Asia and Sub-Saharan Africa. As agriculture is a primary source of income in these areas, there is a growing need for effective risk management solutions. Governments in these regions are beginning to recognize the importance of crop insurance to enhance agricultural resilience and protect rural livelihoods. By introducing affordable, scalable, and tailored crop insurance products, insurers can tap into these underserved markets and boost overall growth.
Within the crop insurance market, the multi-peril crop insurance (MPCI) segment is projected to generate the highest revenue in 2025, primarily due to its comprehensive coverage that protects farmers against a wide range of risks including drought, floods, pests, and disease. MPCI offers holistic risk management, making it highly attractive to both smallholder and commercial farmers who face increasing climate variability and unpredictable weather patterns. Government subsidies and support programs, especially in major agricultural economies, incentivize the adoption of MPCI by reducing premiums and enhancing accessibility. Unlike crop-hail or revenue insurance, which cover specific perils or income losses, MPCI addresses multiple threats simultaneously, offering more security and peace of mind. The growing global emphasis on food security and sustainable agriculture, alongside climate change challenges, further intensifies demand for robust insurance solutions like MPCI, positioning it as the dominant segment in terms of revenue in the crop insurance market through 2025.
The Revenue Protection segment is expected to be the fastest growing in the Crop Insurance Market over the forecast period from 2025 to 2034, driven by the increasing volatility in agricultural commodity prices and unpredictable climate conditions impacting farmers' incomes globally. Unlike Yield Protection, which covers crop quantity, Revenue Protection offers a comprehensive safety net by securing farmers’ earnings against fluctuations in both yield and market prices, providing a more reliable financial safeguard. Growing awareness among farmers about income stability and risk mitigation, supported by government subsidies and evolving agricultural policies, is fueling the adoption of revenue-based insurance products. Furthermore, advancements in data analytics and satellite monitoring technologies are enabling insurers to design more accurate, customized revenue protection plans, increasing farmer confidence and boosting market penetration. This segment’s ability to buffer against multiple risk factors positions it ahead of Price and Yield Protection in terms of growth potential through 2034.
China’s crop insurance market is experiencing significant growth, driven by increasing government support and a rising awareness of the importance of agricultural risk management. With the nation’s vast agricultural sector, crop insurance has become essential in mitigating the financial impact of climate change, pest infestations, and natural disasters. The Chinese government’s push for agricultural modernization and rural development programs encourages farmers to adopt crop insurance to protect their livelihoods. The expansion of crop insurance products tailored for diverse crops and regions is boosting market adoption, particularly in areas prone to floods, droughts, and other environmental challenges. Additionally, the rise of technology in agriculture, such as satellite data and digital platforms, is enabling insurers to offer more accurate and efficient policies, further driving the market’s growth in China.
India’s crop insurance market is one of the largest in Asia, driven by the government's initiatives such as the Pradhan Mantri Fasal Bima Yojana (PMFBY) program, which aims to provide affordable crop insurance to farmers. With agriculture being a critical sector of the Indian economy, crop insurance plays a vital role in safeguarding farmers against unpredictable weather conditions, crop diseases, and price volatility. The market is supported by increasing awareness among farmers about the benefits of crop insurance in reducing financial risks. Furthermore, the growing reliance on monsoon patterns and the country’s susceptibility to natural disasters like floods and droughts make crop insurance essential for sustaining agricultural productivity. As India modernizes its agricultural sector, the use of technology, including satellite imaging and data analytics, is enhancing the efficiency and reach of crop insurance products.
The United States has one of the most advanced and developed crop insurance markets globally, supported by the Federal Crop Insurance Corporation (FCIC). With agriculture being a key industry in the U.S., crop insurance is an essential tool for managing risks such as droughts, floods, hailstorms, and crop disease. U.S. farmers have access to a wide range of insurance products, including multi-peril crop insurance (MPCI), which covers various crop risks. The government’s role in subsidizing premiums and promoting crop insurance participation through the Risk Management Agency (RMA) has significantly expanded coverage across the country. The increasing adoption of precision farming, data analytics, and technology-driven solutions in agriculture further enhances the effectiveness of crop insurance policies. As the U.S. faces more extreme weather events due to climate change, crop insurance remains a vital mechanism for ensuring the sustainability of agricultural production.
Germany’s crop insurance market is growing as farmers seek protection against adverse weather conditions and fluctuating market prices. The European Union’s Common Agricultural Policy (CAP) provides subsidies that make crop insurance more accessible to farmers in Germany, encouraging participation in risk management programs. The country’s strong agricultural sector, which includes crops like cereals, vegetables, and fruits, faces challenges from unpredictable weather patterns such as droughts and heavy rains. In response, crop insurance has become a vital tool for managing these risks, particularly for small and medium-sized farms. Additionally, the increasing emphasis on sustainability and environmental stewardship is pushing the adoption of climate-resilient farming practices, which are supported by comprehensive crop insurance products. The use of digital tools and data analytics is also helping insurers to provide more tailored and accurate policies for farmers.
In France, crop insurance is an integral part of the agricultural risk management landscape, supported by both government policies and private sector initiatives. The French government offers subsidies for crop insurance under the EU’s Common Agricultural Policy, making it more accessible for farmers, especially those in vulnerable regions. France's agricultural sector, which includes a diverse range of crops such as wheat, corn, and wine grapes, faces risks from extreme weather conditions, including floods, droughts, and frosts. As the effects of climate change become more pronounced, farmers are increasingly turning to crop insurance to protect their income and ensure the sustainability of their operations. The growing adoption of precision farming technologies in France is also contributing to more accurate assessments of risk, allowing insurers to offer more personalized and efficient insurance products.
In the Middle East, the crop insurance market is in its nascent stages but is showing considerable growth potential due to the region’s vulnerability to climate change and water scarcity. Countries like the UAE, Saudi Arabia, and Qatar are exploring crop insurance as a means to safeguard their agricultural industries, which are heavily dependent on irrigation and face frequent water shortages. The Middle East’s reliance on imports for food security, combined with the increasing frequency of extreme weather events, is driving governments to support crop insurance programs. In addition, the rise of agritech and the adoption of precision farming are creating new opportunities for crop insurance in the region, enabling more effective risk management solutions. As regional governments invest in sustainable agricultural practices and seek to diversify their economies, crop insurance is likely to become a critical part of agricultural policy.
|
Parameter |
Details |
|
Market Size (2025) |
$42.8 Billion |
|
Market Size (2034) |
$71.7 Billion |
|
Market Growth Rate |
5.9% |
|
Segments |
By Type (Multi-peril Crop Insurance (MPCI), Crop-hail Insurance, Revenue Insurance), By Coverage (Yield Protection, Revenue Protection, Price Protection), By Distribution Channel (Government Agencies, Insurance Companies, Others) |
|
Study Period |
2019- 2024 and 2025-2034 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
Agriculture Insurance Company of India Ltd, American International Group Inc, Chubb, FBL Financial Group Inc, Great American Insurance Company, Kshema General Insurance Ltd, QBE Insurance Ltd, Sompo, Tokio Marine HCC, Zurich |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
By Type
Multi-peril Crop Insurance (MPCI)
Crop-hail Insurance
Revenue Insurance
By Coverage
Yield Protection
Revenue Protection
Price Protection
By Distribution Channel
Government Agencies
Insurance Companies
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Agriculture Insurance Company of India Ltd
American International Group Inc
Chubb
FBL Financial Group Inc
Great American Insurance Company
Kshema General Insurance Ltd
QBE Insurance Ltd
Sompo
Tokio Marine HCC
Zurich
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Crop Insurance Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Crop Insurance Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Crop Insurance Market Size by Segments, 2018- 2024
Key Statistics, 2024
Crop Insurance Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Crop Insurance Types, 2018- 2024
Crop Insurance Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Crop Insurance Applications, 2018- 2024
8. Crop Insurance Market Size Outlook by Segments, 2024- 2034
By Type
Multi-peril Crop Insurance (MPCI)
Crop-hail Insurance
Revenue Insurance
By Coverage
Yield Protection
Revenue Protection
Price Protection
By Distribution Channel
Government Agencies
Insurance Companies
Others
9. Crop Insurance Market Size Outlook by Region
North America
Key Market Dynamics
North America Crop Insurance Market Size Outlook by Type, USD Million, 2021-2034
North America Crop Insurance Market Size Outlook by Application, USD Million, 2021-2034
North America Crop Insurance Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Crop Insurance Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Crop Insurance Market Size Outlook by Type, USD Million, 2021-2034
Europe Crop Insurance Market Size Outlook by Application, USD Million, 2021-2034
Europe Crop Insurance Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Crop Insurance Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Crop Insurance Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Crop Insurance Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Crop Insurance Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Crop Insurance Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Crop Insurance Market Size Outlook by Type, USD Million, 2021-2034
South America Crop Insurance Market Size Outlook by Application, USD Million, 2021-2034
South America Crop Insurance Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Crop Insurance Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Crop Insurance Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Crop Insurance Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Crop Insurance Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Crop Insurance Market Size Outlook by Country, USD Million, 2021-2034
10. United States Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Crop Insurance Market Size Outlook by Type, 2021- 2034
United States Crop Insurance Market Size Outlook by Application, 2021- 2034
United States Crop Insurance Market Size Outlook by End-User, 2021- 2034
11. Canada Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Crop Insurance Market Size Outlook by Type, 2021- 2034
Canada Crop Insurance Market Size Outlook by Application, 2021- 2034
Canada Crop Insurance Market Size Outlook by End-User, 2021- 2034
12. Mexico Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Crop Insurance Market Size Outlook by Type, 2021- 2034
Mexico Crop Insurance Market Size Outlook by Application, 2021- 2034
Mexico Crop Insurance Market Size Outlook by End-User, 2021- 2034
13. Germany Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Crop Insurance Market Size Outlook by Type, 2021- 2034
Germany Crop Insurance Market Size Outlook by Application, 2021- 2034
Germany Crop Insurance Market Size Outlook by End-User, 2021- 2034
14. France Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
France Crop Insurance Market Size Outlook by Type, 2021- 2034
France Crop Insurance Market Size Outlook by Application, 2021- 2034
France Crop Insurance Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Crop Insurance Market Size Outlook by Type, 2021- 2034
United Kingdom Crop Insurance Market Size Outlook by Application, 2021- 2034
United Kingdom Crop Insurance Market Size Outlook by End-User, 2021- 2034
16. Spain Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Crop Insurance Market Size Outlook by Type, 2021- 2034
Spain Crop Insurance Market Size Outlook by Application, 2021- 2034
Spain Crop Insurance Market Size Outlook by End-User, 2021- 2034
17. Italy Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Crop Insurance Market Size Outlook by Type, 2021- 2034
Italy Crop Insurance Market Size Outlook by Application, 2021- 2034
Italy Crop Insurance Market Size Outlook by End-User, 2021- 2034
18. Benelux Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Crop Insurance Market Size Outlook by Type, 2021- 2034
Benelux Crop Insurance Market Size Outlook by Application, 2021- 2034
Benelux Crop Insurance Market Size Outlook by End-User, 2021- 2034
19. Nordic Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Crop Insurance Market Size Outlook by Type, 2021- 2034
Nordic Crop Insurance Market Size Outlook by Application, 2021- 2034
Nordic Crop Insurance Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Crop Insurance Market Size Outlook by Type, 2021- 2034
Rest of Europe Crop Insurance Market Size Outlook by Application, 2021- 2034
Rest of Europe Crop Insurance Market Size Outlook by End-User, 2021- 2034
21. China Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
China Crop Insurance Market Size Outlook by Type, 2021- 2034
China Crop Insurance Market Size Outlook by Application, 2021- 2034
China Crop Insurance Market Size Outlook by End-User, 2021- 2034
22. India Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
India Crop Insurance Market Size Outlook by Type, 2021- 2034
India Crop Insurance Market Size Outlook by Application, 2021- 2034
India Crop Insurance Market Size Outlook by End-User, 2021- 2034
23. Japan Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Crop Insurance Market Size Outlook by Type, 2021- 2034
Japan Crop Insurance Market Size Outlook by Application, 2021- 2034
Japan Crop Insurance Market Size Outlook by End-User, 2021- 2034
24. South Korea Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Crop Insurance Market Size Outlook by Type, 2021- 2034
South Korea Crop Insurance Market Size Outlook by Application, 2021- 2034
South Korea Crop Insurance Market Size Outlook by End-User, 2021- 2034
25. Australia Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Crop Insurance Market Size Outlook by Type, 2021- 2034
Australia Crop Insurance Market Size Outlook by Application, 2021- 2034
Australia Crop Insurance Market Size Outlook by End-User, 2021- 2034
26. South East Asia Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Crop Insurance Market Size Outlook by Type, 2021- 2034
South East Asia Crop Insurance Market Size Outlook by Application, 2021- 2034
South East Asia Crop Insurance Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Crop Insurance Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Crop Insurance Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Crop Insurance Market Size Outlook by End-User, 2021- 2034
28. Brazil Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Crop Insurance Market Size Outlook by Type, 2021- 2034
Brazil Crop Insurance Market Size Outlook by Application, 2021- 2034
Brazil Crop Insurance Market Size Outlook by End-User, 2021- 2034
29. Argentina Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Crop Insurance Market Size Outlook by Type, 2021- 2034
Argentina Crop Insurance Market Size Outlook by Application, 2021- 2034
Argentina Crop Insurance Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Crop Insurance Market Size Outlook by Type, 2021- 2034
Rest of South America Crop Insurance Market Size Outlook by Application, 2021- 2034
Rest of South America Crop Insurance Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Crop Insurance Market Size Outlook by Type, 2021- 2034
United Arab Emirates Crop Insurance Market Size Outlook by Application, 2021- 2034
United Arab Emirates Crop Insurance Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Crop Insurance Market Size Outlook by Type, 2021- 2034
Saudi Arabia Crop Insurance Market Size Outlook by Application, 2021- 2034
Saudi Arabia Crop Insurance Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Crop Insurance Market Size Outlook by Type, 2021- 2034
Rest of Middle East Crop Insurance Market Size Outlook by Application, 2021- 2034
Rest of Middle East Crop Insurance Market Size Outlook by End-User, 2021- 2034
34. South Africa Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Crop Insurance Market Size Outlook by Type, 2021- 2034
South Africa Crop Insurance Market Size Outlook by Application, 2021- 2034
South Africa Crop Insurance Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Crop Insurance Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Crop Insurance Market Size Outlook by Type, 2021- 2034
Rest of Africa Crop Insurance Market Size Outlook by Application, 2021- 2034
Rest of Africa Crop Insurance Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
Agriculture Insurance Company of India Ltd
American International Group Inc
Chubb
FBL Financial Group Inc
Great American Insurance Company
Kshema General Insurance Ltd
QBE Insurance Ltd
Sompo
Tokio Marine HCC
Zurich
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
By Type
Multi-peril Crop Insurance (MPCI)
Crop-hail Insurance
Revenue Insurance
By Coverage
Yield Protection
Revenue Protection
Price Protection
By Distribution Channel
Government Agencies
Insurance Companies
Others
The Global Crop Insurance Market Size is estimated at $42.8 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 5.9% to reach $71.7 Billion by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Agriculture Insurance Company of India Ltd, American International Group Inc, Chubb, FBL Financial Group Inc, Great American Insurance Company, Kshema General Insurance Ltd, QBE Insurance Ltd, Sompo, Tokio Marine HCC, Zurich
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume