Global Agriculture Insurance And Reinsurance Market Grows due to Uncertainty of Nature, Governments’ Support to Agricultural Activities and Increased Traction for Risk Assessment and Management


According to a new report published by Reports Monitor titled, “Agriculture Insurance and Reinsurance Market By Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Agriculture Insurance and Reinsurance Market is projected to grow rapidly from 2017 to 2025. North America dominates the Agriculture Insurance and Reinsurance Market and is expected to maintain this trend throughout the forecast period. 

Though agriculture insurance started more than a century ago, agriculture insurance market is witnessing the growth from recent past years and expected to continue it in coming future. Agriculture market has also witnessed advancements in terms of technology and equipment such as IoT equipped machinery, Farm Management Software (FMS) etc.

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The rapid growth of population & increased demand for food worldwide is the major growth factor for global agriculture insurance and reinsurance market. The uncertainty of nature, Governments’ Support to Agricultural activities and increased traction for risk assessment and management are some of the other growth factors for global agriculture insurance and reinsurance market.

Lack of Standardized System and low awareness about the concept of agriculture insurance are acting as the major restraints for global agriculture insurance and reinsurance market.

Global Agriculture Insurance and Reinsurance Market have been segmented majorly on the basis of (direct insurance company, original insurer and others).

North America is expected to be the largest market for agriculture insurance and reinsurance. Progressive insurance market environment combined with the growing need of new innovative insurance plans is fuelling the growth of this market in North America region. Europe is expected to be the second largest market for agriculture insurance and reinsurance. Increased awareness about the benefits and need of agriculture insurance is driving the growth for this market in this region.

Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in Global Agriculture Insurance and Reinsurance Market and what are their strategies?
• What segment and region will lead the market and why?

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The major companies profiled in the report include Agriculture Insurance Company of India Limited (AIC), Agroinsurance, Allianz Re, Aon, AXIS Capital, BlueOrchard Finance S.A., Endurance Specialty Holdings, Munich Re, Swiss Re, and XL Catlin. 

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 

Some Points from TOC:
1. Introduction
1.1. Market Definition
1.2. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions

3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016 

4. Applications Overview
4.1. Introduction
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Direct Insurance Company
4.2.2. Original insurer
4.2.3. Others
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

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