The revenue of the global crop insurance market is predicted to nearly double by 2030. Sized at approximately 37.9 billion U.S. dollars in 2022, the market is expected to reach the size of around 60 billion U.S. dollars by 2030, according to Next Move Strategic Consulting. The source attributed this to the growing number and severity of unusual climatic events which will increase demand for crop insurance.
Size of the global crop insurance market in 2022, with forecasts from 2023 to 2030
(in billion U.S. dollars)
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Next Move Strategy Consulting. (March 20, 2023). Size of the global crop insurance market in 2022, with forecasts from 2023 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1377577/global-crop-insurance-market-size/
Next Move Strategy Consulting. "Size of the global crop insurance market in 2022, with forecasts from 2023 to 2030 (in billion U.S. dollars)." Chart. March 20, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1377577/global-crop-insurance-market-size/
Next Move Strategy Consulting. (2023). Size of the global crop insurance market in 2022, with forecasts from 2023 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1377577/global-crop-insurance-market-size/
Next Move Strategy Consulting. "Size of The Global Crop Insurance Market in 2022, with Forecasts from 2023 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Mar 2023, https://www.statista.com/statistics/1377577/global-crop-insurance-market-size/
Next Move Strategy Consulting, Size of the global crop insurance market in 2022, with forecasts from 2023 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1377577/global-crop-insurance-market-size/ (last visited November 22, 2024)
Size of the global crop insurance market in 2022, with forecasts from 2023 to 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, March 20, 2023. [Online]. Available: https://www.statista.com/statistics/1377577/global-crop-insurance-market-size/
