Horse Insurance Market 2028 By Size, Share, Demand, Growth, Forecast
The global horse insurance market is expanding, driven by rising equine ownership. Providers offer diverse coverage options to safeguard against accidents, illnesses, and theft, catering to the growing demand. According to TechSci Research report, “ Global Horse Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Horse Insurance Market stood at USD 476.5 Million in 2022 and is anticipated to grow with a CAGR of 13.08% in the forecast period, 2024-2028. The Global Horse Insurance Market is driven by increasing equine ownership, a growing equestrian sports industry, diverse coverage options, urbanization leading to leisure horse ownership, and specialized providers. It's marked by challenges such as high veterinary costs, valuation disputes, high-risk equine activities, geographic variations, and the need to adapt to emerging trends. Trends include customized coverage solutions, technology integration, sustainability con...