Australia Livestock Insurance Market Size & Outlook
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Australia livestock insurance market highlights
- The Australia livestock insurance market generated a revenue of USD 559.5 million in 2024 and is expected to reach USD 1,207.6 million by 2033.
- The Australia market is expected to grow at a CAGR of 9% from 2025 to 2033.
- In terms of segment, bovine was the largest revenue generating animal type in 2024.
- Other Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Livestock insurance market data book summary
| Market revenue in 2024 | USD 559.5 million |
| Market revenue in 2033 | USD 1,207.6 million |
| Growth rate | 9% (CAGR from 2025 to 2033) |
| Largest segment | Bovine |
| Fastest growing segment | Other Animals |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bovine, Swine, Sheep & Goats, Poultry, Other Animals |
Other key industry trends
- In terms of revenue, Australia accounted for 6.5% of the global livestock insurance market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China livestock insurance market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 954.2 million by 2033.
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Livestock Insurance Market Scope
Livestock Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fbl Group | View profile | - | http://www.fbl.cz/ | |
| ProAg | View profile | 251-500 | Amarillo, Texas, United States, North America | https://www.proag.com |
| AmWINS | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.amwins.com/ |
| The Hartford | View profile | 10001+ | Hartford, Connecticut, United States, North America | http://www.thehartford.com |
| Lloyd's | View profile | 1001-5000 | London, England, United Kingdom, Europe | http://www.lloyds.com/ |
| HDFC ERGO General Insurance Company Limited | View profile | 5001-10000 | Mumbai, Maharashtra, India, Asia | http://www.hdfcergo.com/ |
| Allianz Global Corporate & Specialty | View profile | 10001+ | Unterföhring, Bayern, Germany, Europe | http://www.agcs.allianz.com/ |
| HUB International | View profile | 10001+ | Chicago, Illinois, United States, North America | https://www.hubinternational.com |
| ICICI Lombard General Insurance | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.icicilombard.com |
| Nationwide Mutual Insurance | View profile | 10001+ | Columbus, Ohio, United States, North America | http://nationwide.com |
| QBE Insurance Group Ltd | View profile | 11651 | 388 George Street, Level 18, Sydney, NSW, Australia, 2000 | https://www.qbe.com |
| AXA SA | View profile | 110302 | 25, Avenue Matignon, Paris, France, 75008 | https://www.axa.com |
Australia livestock insurance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to livestock insurance market will help companies and investors design strategic landscapes.
Bovine was the largest segment with a revenue share of 41.98% in 2024. Horizon Databook has segmented the Australia livestock insurance market based on bovine, swine, sheep & goats, poultry, other animals covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Australia livestock insurance market databook
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Our clientele includes a mix of livestock insurance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia livestock insurance market , including forecasts for subscribers. This country databook contains high-level insights into Australia livestock insurance market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Australia livestock insurance market size, by animal type, 2021-2033 (US$M)
Australia Livestock Insurance Market Outlook Share, 2024 & 2033 (US$M)
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