Livestock Insurance Market 2028 By Trends, Share, Growth and Demand Forecast
Growing concerns about livestock diseases and changing climate conditions are factors driving the global livestock insurance market in the forecast period 2024-2028. According to TechSci Research report, “ Global Livestock Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Livestock Insurance Market stood at USD 3.21 billion in 2022 and is anticipated to grow with a CAGR of 7.65% in the forecast period, 2024-2028. Global livestock insurance provides essential financial protection for livestock farmers against various risks. It encompasses coverage for perils like disease outbreaks, natural disasters, and market fluctuations that can threaten livestock and livelihoods. This insurance promotes food security, rural development, and resilience in the face of climate change and emerging diseases. Key trends include the increasing demand for coverage driven by climate-related risks, digitalization enhancing data-driven approache...