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The pet insurance market is forecasted to grow by USD 30.07 billion during 2023-2028, accelerating at a CAGR of 34.51% during the forecast period. The report on the pet insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising pet population, increasing use of virtual assistants to automate documentation in insurance sector, and rising concerns over well-being of pets.
The pet insurance market is segmented as below:
By Type
- Dogs
- Cats
- Others
By Application
- Accidents and illness
- Accidents only
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the pet insurance market covers the following areas:
- Pet insurance market sizing
- Pet insurance market forecast
- Pet insurance market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the pet insurance market: Agria Pet Insurance Ltd., Allianz SE, Anicom Holdings Inc, Chubb Ltd., Dotsure Ltd., Embrace Pet Insurance Agency LLC, Healthy Paws Pet Insurance LLC, Hollard Insurance Group, Independence Pet Group, Intact Financial Corp., JAB Holding Co., Metlife Inc., Nationwide Mutual Insurance Co., NSM Insurance Group, Oneplan, Petofy, Petplan Iberica S.L., Porto Seguro Companhia de Seguros Gerais, The Oriental Insurance Company Ltd., The Progressive Corp., and Trupanion Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of business development strategies among pet insurance companies."
According to the report, one of the major drivers for this market is the rising pet population.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agria Pet Insurance Ltd.
- Allianz SE
- Anicom Holdings Inc
- Chubb Ltd.
- Dotsure Ltd.
- Embrace Pet Insurance Agency LLC
- Healthy Paws Pet Insurance LLC
- Hollard Insurance Group
- Independence Pet Group
- Intact Financial Corp.
- JAB Holding Co.
- Metlife Inc.
- Nationwide Mutual Insurance Co.
- NSM Insurance Group
- Oneplan
- Petofy
- Petplan Iberica S.L.
- Porto Seguro Companhia de Seguros Gerais
- The Oriental Insurance Company Ltd.
- The Progressive Corp.
- Trupanion Inc.
