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Global Horse Insurance Market Size study, 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), and Regional Forecasts 2022-2028

August 2022 | 200 pages | ID: GABCFC530E21EN
Bizwit Research & Consulting LLP

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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
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

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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