Pet Insurance Market
Pet Insurance Market - Global Industry Assessment & Forecast
Segments Covered
- By Coverage Type Accident & Illness, Accident & Illness, Others
- By Animal Type Dogs, Cats, Others
- By Sales Channel Agency, Broker, Direct, Bancassurance, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 8.12 Billion |
Revenue 2030: | USD 26.74 Billion |
Revenue CAGR (2023 - 2030): | 16.06% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Pet Insurance Market - Segment Analysis
- Overview
- Global Pet Insurance Market, 2016 - 2028 (USD Million)
-
Global Pet Insurance Market - by Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
-
Global Pet Insurance Market - by Animal Type
- By Dogs
- By Cats
- By Others
-
Global Pet Insurance Market - by Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
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Global Pet Insurance Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Pet Insurance Market - Segment Analysis
- Overview
- North America Pet Insurance Market, 2016 - 2028 (USD Million)
-
North America Pet Insurance Market, by Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
-
North America Pet Insurance Market, by Animal Type
- By Dogs
- By Cats
- By Others
-
North America Pet Insurance Market, by Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
-
North America Pet Insurance Market, by Country
- U.S.
- U.S. Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- U.S. Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- U.S. Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- U.S. Pet Insurance Market, By Coverage Type
- Canada
- Canada Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Canada Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Canada Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Canada Pet Insurance Market, By Coverage Type
- Mexico
- Mexico Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Mexico Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Mexico Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Mexico Pet Insurance Market, By Coverage Type
- U.S.
-
Europe Pet Insurance Market - Segment Analysis
- Overview
- Europe Pet Insurance Market, 2016 - 2028 (USD Million)
-
Europe Pet Insurance Market, by Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
-
Europe Pet Insurance Market, by Animal Type
- By Dogs
- By Cats
- By Others
-
Europe Pet Insurance Market, by Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
-
Europe Pet Insurance Market, by Country
- Germany
- Germany Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Germany Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Germany Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Germany Pet Insurance Market, By Coverage Type
- UK
- UK Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- UK Market, By Animal Type
- By Dogs
- By Cats
- By Others
- UK Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- UK Market, By Coverage Type
- France
- France Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- France Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- France Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- France Pet Insurance Market, By Coverage Type
- Spain
- Spain Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Spain Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Spain Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Spain Pet Insurance Market, By Coverage Type
- Italy
- Italy Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Italy Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Italy Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Italy Pet Insurance Market, By Coverage Type
- BENELUX
- BENELUX Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- BENELUX Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- BENELUX Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- BENELUX Pet Insurance Market, By Coverage Type
- Rest of Europe
- Rest Of Europe Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Rest Of Europe Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Rest Of Europe Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Rest Of Europe Pet Insurance Market, By Coverage Type
- Germany
-
Asia Pacific Pet Insurance Market - Segment Analysis
- Overview
- Asia Pacific Pet Insurance Market, 2016 - 2028 (USD Million)
-
Asia Pacific Pet Insurance Market, by Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
-
Asia Pacific Pet Insurance Market, by Animal Type
- By Dogs
- By Cats
- By Others
-
Asia Pacific Pet Insurance Market, by Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
-
Asia Pacific Pet Insurance Market, by Country
- China
- China Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- China Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- China Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- China Pet Insurance Market, By Coverage Type
- Japan
- Japan Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Japan Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Japan Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Japan Pet Insurance Market, By Coverage Type
- India
- India Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- India Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- India Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- India Pet Insurance Market, By Coverage Type
- South Korea
- South Korea Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- South Korea Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- South Korea Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- South Korea Pet Insurance Market, By Coverage Type
- South East Asia
- South East Asia Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- South East Asia Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- South East Asia Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- South East Asia Pet Insurance Market, By Coverage Type
- Rest of Asia Pacific
- Rest of Asia Pacific Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Rest of Asia Pacific Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Rest of Asia Pacific Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Rest of Asia Pacific Pet Insurance Market, By Coverage Type
- China
-
Latin America Pet Insurance Market - Segment Analysis
- Overview
- Latin America Pet Insurance Market, 2016 - 2028 (USD Million)
-
Latin America Pet Insurance Market, by Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
-
Latin America Pet Insurance Market, by Animal Type
- By Dogs
- By Cats
- By Others
-
Latin America Pet Insurance Market, by Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
-
Latin America Pet Insurance Market, by Country
- Brazil
- Brazil Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Brazil Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Brazil Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Brazil Pet Insurance Market, By Coverage Type
- Argentina
- Argentina Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Argentina Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Argentina Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Argentina Pet Insurance Market, By Coverage Type
- Rest of Latin America
- Rest of Latin America Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Rest of Latin America Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Rest of Latin America Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Rest of Latin America Pet Insurance Market, By Coverage Type
- Brazil
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Middle East & Africa Pet Insurance Market - Segment Analysis
- Overview
- Middle East & Africa Pet Insurance Market, 2016 - 2028 (USD Million)
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Middle East & Africa Pet Insurance Market, by Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
-
Middle East & Africa Pet Insurance Market, by Animal Type
- By Dogs
- By Cats
- By Others
-
Middle East & Africa Pet Insurance Market, by Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
-
Middle East & Africa Pet Insurance Market, by Country
- GCC Countries
- GCC Countries Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- GCC Countries Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- GCC Countries Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- GCC Countries Pet Insurance Market, By Coverage Type
- South Africa
- South Africa Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- South Africa Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- South Africa Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- South Africa Pet Insurance Market, By Coverage Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Pet Insurance Market, By Coverage Type
- By Accident & Illness
- By Accident & Illness
- By Others
- Rest of Middle East & Africa Pet Insurance Market, By Animal Type
- By Dogs
- By Cats
- By Others
- Rest of Middle East & Africa Pet Insurance Market, By Sales Channel
- By Agency
- By Broker
- By Direct
- By Bancassurance
- By Others
- Rest of Middle East & Africa Pet Insurance Market, By Coverage Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- Trupanion Inc.
- Deutsche Familienversicherung AG (DFV)
- Petplan (Allianz)
- Animal Friends Insurance Services Limited
- Figo Pet Insurance
- Direct Line
- Nationwide Mutual Insurance Company
- Embrace Pet Insurance Agency
- AnicomInsurance
- IPET Insurance Co. Ltd.
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Pet Insurance in terms of revenue?
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The global Pet Insurance valued at USD 8.12 Billion in 2022 and is expected to reach USD 26.74 Billion in 2030 growing at a CAGR of 16.06%.
Which are the prominent players in the market?
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The prominent players in the market are Trupanion Inc., Deutsche Familienversicherung AG (DFV), Petplan (Allianz), Animal Friends Insurance Services Limited, Figo Pet Insurance, Direct Line, Nationwide Mutual Insurance Company, Embrace Pet Insurance Agency, AnicomInsurance, IPET Insurance Co. Ltd..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 16.06% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Pet Insurance include
- Increased demand for pet insurance policies
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Pet Insurance in 2022.