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Pet Insurance Market Share

Report ID: GMI4284
Published Date: Apr 2024
Report Format: PDF

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Pet Insurance Market Share

The competitive landscape of the pet insurance industry is characterized by the presence of established market players operating in the pet insurance. These industry players majorly concentrate on various strategies including collaborations, acquisitions, mergers, and partnerships to create a global footprint and sustain market competition.

Pet Insurance Market Companies

Prominent players operating in the market are as mentioned below:

Anicom Holding Inc
Embrace Pet Insurance Agency LLC
Figo Pet Insurance LLC
Hartville Group
Health for Pet
Hollard
Nationwide
Petfirst Healthcare LLC
Pet Health
Petplan
ProtectaPet
Royal & Sun Alliance
The Oriental Insurance Company Ltd
Trupanion

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Industry size for pet insurance was USD 9.6 billion in 2023 and is projected to depict 6.4% CAGR from 2024 to 2032, due to the rise in companion animal population and pet adoption rate.

The accident & illness segment in the pet insurance industry recorded USD 9.3 billion in revenue in 2023 and is estimated to witness substantial growth between 2024 and 2032, owing to the comprehensive nature of these insurance policies.

North America industry held 32.2% share in 2023 and is predicted to grow at a notable rate between 2024 and 2032, on account of the increasing consumer awareness regarding various novel pet insurance policies coupled with the presence of several major industry players.

Anicom Holding Inc, Embrace Pet Insurance Agency LLC, Figo Pet Insurance LLC, Hartville Group, Health for Pet, Hollard, Nationwide, Petfirst Healthcare LLC, Pet Health, Petplan, ProtectaPet, Royal & Sun Alliance, The Oriental Insurance Company Ltd, and Trupanion.