Agricultural Insurance Market - Industry Trends, Opportunities and Forecasts to 2022
The global agriculture insurance market size is estimated to be over USD 30 billion by 2022. The rising demand for crops for direct human consumption as well as industrial processes has led to a growth in automation and other modern practices in agriculture. Rising incidents of natural calamities across the world has resulted in an increasing number of farmers opting for agriculture insurance to protect their crops, equipment, and livestock. Special emphasis has been witnessed on promoting crop insurance in some of the leading agriculture-oriented countries including India and China
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