Global Horse Insurance Market Report By Type (Lifetime Cover, Non-lifetime Cover, Accident-only, Other), By Application (Equestrian Centers, Farms, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030
The global demand for Horse Insurance Market is presumed to reach the market size of nearly USD 3901.79 MN by 2028 from USD 538.08 MN in 2021 with a CAGR of 31.2% under the study period 2022 - 2028.
Horse Insurance provides protection for equine and horses from unpredictable accidents and unforeseen events. These events can include injury, illness, death, and theft. There are many types of horse insurance available to suit consumers' needs, including life insurance and accident insurance. Horse insurance is very important coverage. The reason for this is that horses are expensive animals, and if something were to happen that would stop them from working, it could be a huge financial burden.
Various factors have led to the growth of the horse insurance market. The factors influencing this industry are the popularity of horses, animal welfare regulations and the types of horse-related accidents that might be covered by insurance. The horse insurance market has a huge potential for growth owing to the increasing number of horses brought into the country from other countries and also due to increasing disposable incomes and rising concerns about animal welfare. Horse insurance is a niche market. It often falls outside the scope of regular insurance providers; thus, the market is not as competitive as other types of insurance. The horse insurance market has potential restrictions. For example, the cost of horse insurance varies on the breed, gender, and age of the horse. The more expensive horses are more difficult to insure.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of horse insurance. The growth and trends of horse insurance industry provide a holistic approach to this study.
This section of the horse insurance market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Horse Insurance market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Horse Insurance Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the horse insurance market include AXA, KBIS British Equestrian Insurance, Equine World Insurance, E&L Insurance, NFU Mutual, Philip Baker Insurance, American Equine Insurance Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . HORSE INSURANCE – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL HORSE INSURANCE MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Lifetime Cover Historic and Forecast Sales by Regions
6.5 Non-lifetime Cover Historic and Fore ...
Frequently Asked Questions (FAQs) about this Report
The global horse insurance market size is expected to be valued USD 538.08 MN in 2021.
The worldwide horse insurance market growth is estimated to grow by around 31.2% from 2023 to 2028.
North America occupies the highest market share in the global horse insurance market.
The global horse insurance market is segmented by Type (Lifetime Cover, Non-lifetime Cover, Accident-only, Other), by Application (Equestrian Centers, Farms, Others).
The leading players in the global horse insurance market are AXA, KBIS British Equestrian Insurance, Equine World Insurance, E&L Insurance, NFU Mutual, Philip Baker Insurance, American Equine Insurance Group.