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Pet Insurance Market a $11.25 Billion Industry..! What is Driving the market?

05-07-2021 08:03 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Pet Insurance Market a $11.25 Billion Industry..! What

The global pet insurance market size is projected to reach USD 11.25 billion by 2026. The increasing pet adoption in leading countries across the world will have a direct impact on the growth of the market. According to a report published by Fortune Business Insights, titled “Pet Insurance Market Size, Share & Industry Analysis, By Policy Coverage Type (Accident & Illness, Accident Only, Others), By Animal Type (Dog, Cat, Others), By Provider (Public, Private) and Regional Forecast, 2019-2026,” the market was worth USD 6.05 billion in 2018. Driven by flexibility in product offerings, the market will exhibit a CAGR of 8.0% during the forecast period, 2019-2026.

Highlights of the Report:

In-depth analysis of various insights, namely, Pet Insurance Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Pet Insurance Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/pet-insurance-market-101956

Key Players Operating in The Pet Insurance Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

Trupanion
Anicom Holdings
Nationwide Mutual Insurance Company
ASPCA
Healthy Paws Pet Insurance, LLC.
Embrace Pet Insurance Agency, LLC
Figo Pet Insurance LLC.
Agria Pet Insurance Ltd
24PetWatch
Pets Best Insurance Services, LLC.
Europe to Emerge Dominant; Influx of Start-ups to Aid Growth

The report analyzes the ongoing pet insurance market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Europe generated the highest market revenue in 2018. Europe is projected to dominate the market in the coming years driven by the increasing number of start-ups in several countries across this region. The increasing number of government initiatives to promote animal wellness and health, coupled with encouragement for pet adoption, will aid the growth of the market in this region. Besides Europe, the market in North America will exhibit considerable CAGR. As of 2018, the market in North America was worth USD 1.42 billion and this value is likely to increase further in the coming years.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/pet-insurance-market-101956

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Pricing Analysis of Top Insurers, by Animal Type
Pet Adoption Statistics, Across Major Countries
Key Merger And Acquisition Strategies by Top Players
New Product Launch
Global Pet Insurance Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Policy Coverage Type
Accident & Illness
Accident Only
Others
Market Analysis, Insights and Forecast – By Animal Type
Cat
Dog
Others
Market Analysis, Insights and Forecast – By Provider
Public
Private
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Pet Insurance Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Policy Coverage Type
Accident & Illness
Accident Only
Others
Market Analysis – By Animal Type
Cat
Dog
Others
Market Analysis – By Provider
Public
Private
Market Analysis – By Country
S.
Canada
Europe Pet Insurance Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Policy Coverage Type
Accident & Illness
Accident Only
Others
Market Analysis – By Animal Type
Cat
Dog
Others
Market Analysis – By Provider
Public
Private
Market Analysis – By Country/sub-region/sub-region
K.
Germany
France
Spain
Italy
Sweden
Rest of Europe
Asia Pacific Pet Insurance Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Policy Coverage Type
Accident & Illness
Accident Only
Others
Market Analysis – By Animal Type
Cat
Dog
Others
Market Analysis – By Provider
Public
Private
Market Analysis – By Country/sub-region
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Continued...

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/pet-insurance-market-101956

Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Pet Insurance Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the Pet Insurance Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Pet Insurance Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email:sales@fortunebusinessinsights.com

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