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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1125302

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1125302

Global Horse Insurance Market Size study, By Type, by Horse Type, by Application, by Sales Channel, and Regional Forecasts 2022-2028

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Global Horse Insurance Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Horse Insurance also known as "equine insurance" is specially designed insurance product for the horse business and offers a range of policies and coverage. This insurance is mainly used by horse farms, horse industry groups, rodeos, equestrian professionals, clubs, and exhibits related to the horse business. The rising adoption pet horses and increasing demand for quality veterinary services as well as Strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to American Pet Products Association's 2021-2022 National Pet Owners Survey - as of 2021, around 3.5 million households in US owns a pet horse. Moreover, as per Pet Food Manufacturers Associations' Pet Population 2021 report - as of 2021, the population of pet Horses and Ponies was estimated at 0.5 million, witnessing for around 1% of households. Furthermore, leading market players are working towards new acquisitions to enhance their product offering and customer portfolio. For instance, in November 2020, USA based AHT completed the acquisition of New York based Kaplow Insurance. Kaplow specialises in equine insurance, farm property and liability. Further, in May 2021, Charlotte, USA based insurance distributor AmWINS Group Inc. acquired a specialty insurance firm Equisure Inc. The company specializes in insurance for horse and dog associations. Also, growing automation in BFSI Sector coupled with increasing emergence of horse-riding events are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high premium Cost and lack of awareness towards Horse Insurance impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Horse Insurance Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of horse events and presence of leading insurance providers. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the increasing adoption of pet horses and rising awareness onwards horse insurance solutions, would create lucrative growth prospects for the global Horse Insurance Market across the Asia Pacific region.

Major market players included in this report are:

Markel Corporation

AXA

Harry Hall Horse Insurance

The Insurance Emporium Horse Insurance

Animal Friends Horse Insurance

Quotezone Horse Insurance

Pet Plan

ASPCA

Nationwide

Pet Assure

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Mortality

Major Medical & Surgical

Loss of Use

Liability

By Horse Type

American Quarter Horse

Arabian

Thoroughbred

Morgan

Appaloosa

By Application

Recreational

Commercial

By Sales Channel

Broker

Agency

Direct Response

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Horse Insurance Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
    • 1.2.1. Global Horse Insurance Market, by Region, 2020-2028 (USD Million)
    • 1.2.2. Global Horse Insurance Market, by Type, 2020-2028 (USD Million)
    • 1.2.3. Global Horse Insurance Market, by Horse Type, 2020-2028 (USD Million)
    • 1.2.4. Global Horse Insurance Market, by Application, 2020-2028 (USD Million)
    • 1.2.5. Global Horse Insurance Market, by Sales Channel, 2020-2028 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Horse Insurance Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Horse Insurance Market Dynamics

  • 3.1. Horse Insurance Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Rising adoption pet horses.
      • 3.1.1.2. Increasing demand for quality veterinary services
      • 3.1.1.3. Strategic initiatives from leading market players.
    • 3.1.2. Market Challenges
      • 3.1.2.1. High premium Cost.
      • 3.1.2.2. Lack of awareness towards Horse Insurance.
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Growing automation in BFSI Sector.
      • 3.1.3.2. Increasing emergence of horse-riding events.

Chapter 4. Global Horse Insurance Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Horse Insurance Market, by Type

  • 6.1. Market Snapshot
  • 6.2. Global Horse Insurance Market by Type, Performance - Potential Analysis
  • 6.3. Global Horse Insurance Market Estimates & Forecasts by Type 2018-2028 (USD Million)
  • 6.4. Horse Insurance Market, Sub Segment Analysis
    • 6.4.1. Mortality
    • 6.4.2. Major Medical & Surgical
    • 6.4.3. Loss of Use
    • 6.4.4. Liability

Chapter 7. Global Horse Insurance Market, by Horse Type

  • 7.1. Market Snapshot
  • 7.2. Global Horse Insurance Market by Horse Type, Performance - Potential Analysis
  • 7.3. Global Horse Insurance Market Estimates & Forecasts by Horse Type 2018-2028 (USD Million)
  • 7.4. Horse Insurance Market, Sub Segment Analysis
    • 7.4.1. American Quarter Horse
    • 7.4.2. Arabian
    • 7.4.3. Thoroughbred
    • 7.4.4. Morgan
    • 7.4.5. Appaloosa

Chapter 8. Global Horse Insurance Market, by Application

  • 8.1. Market Snapshot
  • 8.2. Global Horse Insurance Market by Application, Performance - Potential Analysis
  • 8.3. Global Horse Insurance Market Estimates & Forecasts by Application 2018-2028 (USD Million)
  • 8.4. Horse Insurance Market, Sub Segment Analysis
    • 8.4.1. Recreational
    • 8.4.2. Commercial

Chapter 9. Global Horse Insurance Market, by Sales Channel

  • 9.1. Market Snapshot
  • 9.2. Global Horse Insurance Market by Sales Channel, Performance - Potential Analysis
  • 9.3. Global Horse Insurance Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Million)
  • 9.4. Horse Insurance Market, Sub Segment Analysis
    • 9.4.1. Broker
    • 9.4.2. Agency
    • 9.4.3. Direct Response

Chapter 10. Global Horse Insurance Market, Regional Analysis

  • 10.1. Horse Insurance Market, Regional Market Snapshot
  • 10.2. North America Horse Insurance Market
    • 10.2.1. U.S. Horse Insurance Market
      • 10.2.1.1. Type estimates & forecasts, 2018-2028
      • 10.2.1.2. Horse Type estimates & forecasts, 2018-2028
      • 10.2.1.3. Application estimates & forecasts, 2018-2028
      • 10.2.1.4. Sales Channel estimates & forecasts, 2018-2028
    • 10.2.2. Canada Horse Insurance Market
  • 10.3. Europe Horse Insurance Market Snapshot
    • 10.3.1. U.K. Horse Insurance Market
    • 10.3.2. Germany Horse Insurance Market
    • 10.3.3. France Horse Insurance Market
    • 10.3.4. Spain Horse Insurance Market
    • 10.3.5. Italy Horse Insurance Market
    • 10.3.6. Rest of Europe Horse Insurance Market
  • 10.4. Asia-Pacific Horse Insurance Market Snapshot
    • 10.4.1. China Horse Insurance Market
    • 10.4.2. India Horse Insurance Market
    • 10.4.3. Japan Horse Insurance Market
    • 10.4.4. Australia Horse Insurance Market
    • 10.4.5. South Korea Horse Insurance Market
    • 10.4.6. Rest of Asia Pacific Horse Insurance Market
  • 10.5. Latin America Horse Insurance Market Snapshot
    • 10.5.1. Brazil Horse Insurance Market
    • 10.5.2. Mexico Horse Insurance Market
  • 10.6. Rest of The World Horse Insurance Market

Chapter 11. Competitive Intelligence

  • 11.1. Top Market Strategies
  • 11.2. Company Profiles
    • 11.2.1. Markel Corporation
      • 11.2.1.1. Key Information
      • 11.2.1.2. Overview
      • 11.2.1.3. Financial (Subject to Data Availability)
      • 11.2.1.4. Product Summary
      • 11.2.1.5. Recent Developments
    • 11.2.2. AXA
    • 11.2.3. Harry Hall Horse Insurance
    • 11.2.4. The Insurance Emporium Horse Insurance
    • 11.2.5. Animal Friends Horse Insurance
    • 11.2.6. Quotezone Horse Insurance
    • 11.2.7. Pet Plan
    • 11.2.8. ASPCA
    • 11.2.9. Nationwide
    • 11.2.10. Pet Assure

Chapter 12. Research Process

  • 12.1. Research Process
    • 12.1.1. Data Mining
    • 12.1.2. Analysis
    • 12.1.3. Market Estimation
    • 12.1.4. Validation
    • 12.1.5. Publishing
  • 12.2. Research Attributes
  • 12.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Horse Insurance Market, report scope
  • TABLE 2. Global Horse Insurance Market estimates & forecasts by Region 2018-2028 (USD Million)
  • TABLE 3. Global Horse Insurance Market estimates & forecasts by Type 2018-2028 (USD Million)
  • TABLE 4. Global Horse Insurance Market estimates & forecasts by Horse Type 2018-2028 (USD Million)
  • TABLE 5. Global Horse Insurance Market estimates & forecasts by Application 2018-2028 (USD Million)
  • TABLE 6. Global Horse Insurance Market estimates & forecasts by Sales Channel 2018-2028 (USD Million)
  • TABLE 7. Global Horse Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 8. Global Horse Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 9. Global Horse Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 10. Global Horse Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 11. Global Horse Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 12. Global Horse Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 13. Global Horse Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 14. Global Horse Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 15. Global Horse Insurance Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 16. Global Horse Insurance Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 17. U.S. Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 18. U.S. Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 19. U.S. Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 20. Canada Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 21. Canada Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 22. Canada Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 23. UK Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 24. UK Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 25. UK Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 26. Germany Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 27. Germany Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 28. Germany Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 29. RoE Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 30. RoE Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 31. RoE Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 32. China Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 33. China Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 34. China Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 35. India Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 36. India Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 37. India Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 38. Japan Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 39. Japan Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 40. Japan Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 41. RoAPAC Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 42. RoAPAC Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 43. RoAPAC Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 44. Brazil Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 45. Brazil Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 46. Brazil Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 47. Mexico Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 48. Mexico Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 49. Mexico Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 50. RoLA Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 51. RoLA Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 52. RoLA Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 53. Row Horse Insurance Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 54. Row Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 55. Row Horse Insurance Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 56. List of secondary sources, used in the study of global Horse Insurance Market
  • TABLE 57. List of primary sources, used in the study of global Horse Insurance Market
  • TABLE 58. Years considered for the study
  • TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Horse Insurance Market, research methodology
  • FIG 2. Global Horse Insurance Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Horse Insurance Market, key trends 2021
  • FIG 5. Global Horse Insurance Market, growth prospects 2022-2028
  • FIG 6. Global Horse Insurance Market, porters 5 force model
  • FIG 7. Global Horse Insurance Market, pest analysis
  • FIG 8. Global Horse Insurance Market, value chain analysis
  • FIG 9. Global Horse Insurance Market by segment, 2018 & 2028 (USD Million)
  • FIG 10. Global Horse Insurance Market by segment, 2018 & 2028 (USD Million)
  • FIG 11. Global Horse Insurance Market by segment, 2018 & 2028 (USD Million)
  • FIG 12. Global Horse Insurance Market by segment, 2018 & 2028 (USD Million)
  • FIG 13. Global Horse Insurance Market by segment, 2018 & 2028 (USD Million)
  • FIG 14. Global Horse Insurance Market, regional snapshot 2018 & 2028
  • FIG 15. North America Horse Insurance Market 2018 & 2028 (USD Million)
  • FIG 16. Europe Horse Insurance Market 2018 & 2028 (USD Million)
  • FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
  • FIG 18. Latin America Horse Insurance Market 2018 & 2028 (USD Million)
  • FIG 19. Global Horse Insurance Market, company Market share analysis (2021)
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