Agricultural Crop Insurance Industry Status and Prospects Professional Market Research Report Publishing Date: 06 March 2022 Download Sample Report Download Sample Report (+91)-916-916-4321(Asia) | (+1)-646-781-7170 (Int'l) | help@statsmarketresearch.com
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Report Studies The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). Agricultural Crop insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of Premiums due to declines in the prices of agricultural commodities.The main types of Agricultural Crop Insurance are: MPCI and Hail. MPCI enjoyed the largest proportion in global market, accounting for over 87%. Geographically, the global Agricultural Crop Insurance has been segmented into North America, Europe, Asia-Pacific, Latin America, Africa and RoW. The North America held the largest share in the global Agricultural Crop Insurance market, its premiums of global market exceeds 51% in 2017. Along with the Asia-Pacific region; European countries have had some form of crop insurance for more than a century.
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Market Value The global Agricultural Crop Insurance market was valued at 243.38 Million USD in 2021 and will grow with a CAGR of 4.11% from 2021 to 2027. Expected to reach $xx million USD by the end of
2021
Forecast year
Base year
CAGR 4.11%(2021 - 2027)
2027
KEY STAKEHOLDERS 1
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Market Players & Competitor Analysis Global and Regional Market Analysis
Market Trends
Opportunities and Drivers
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By Types: • MPCI • Hail
By Applications: • • • •
Digital & Direct Channel Bancassurance Agencies Brokers
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