According to DataM Intelligence's report Agricultural Insurance Market Size, Share, Industry, Forecast & Outlook (2024-2031), which was released today, the global agricultural insurance market is growing at an accelerated rate. Demand for insurance solutions that safeguard livelihoods, crop yields, and incomes is rising sharply as farmers deal with increased climate pressures, supply chain...
The Global Agricultural Insurance Market reached USD 3,214.7 million in 2022 and is projected to grow to USD 5,482.2 million by 2031, exhibiting a steady CAGR of 6.9% from 2024 to 2031. As climate variability, pest infestations, and geopolitical tensions continue to threaten food production, agricultural insurance is gaining traction as a strategic tool for risk mitigation.
Farmers and...
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