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The technological advancement and business outlook of the crop insurance market (2023-2030)

Crop Insurance Market Size Was Valued at USD 36.19 Billion in 2022 and is Projected to Reach USD 55.54 Billion by 2030, Growing at a CAGR of 5.5% From 2023-2030.

Crop insurance Farmers are shielded against financial loss against declines in agricultural product prices as well as crop losses from pests, disease, animals, floods, fires, and drought. The agriculture industry depends heavily on the crop insurance market, which shields farmers from losses brought on by unfavorable weather, natural disasters, and other threats to crop production. Growing awareness of the hazards associated with climate change and the necessity of sustainable farming practices have propelled the global crop insurance market's recent notable expansion.

Players Covered in the Crop Insurance Market are:

PICC, Zurich, Chubb,QBE, China United Property Insurance, American Financial Group, Prudential,XL Catlin, Everest Re Group, Endurance Specialty, CUNA Mutual, Agriculture Insurance Company of India, Tokio Marine, CGB Diversified Services, Farmers Mutual Hail, Archer Daniels Midland, New India Assurance, ICICI Lombard

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8 months ago

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