The “Crop Insurance Market by Type by Application, by Distribution Channel – Global Opportunity Analysis and Industry Forecast, 2023-2030” report has been added to ResearchAndMarkets.com’s offering.
The Crop Insurance Market size was valued at USD 37.91 billion in 2022 and is expected to reach USD 59.89 billion by 2030, at a CAGR of 6.1% during the forecast period from 2023 to 2030.
New technologies, including satellites, drones, Internet of Things (IoT), mobile applications, and other web-based platforms, are crucial to the expansion of the crop insurance industry. In addition, favorable initiatives launched by several governments to support the farmers against losses due to crop failure across the world are accelerating the market growth.
