UAE Livestock Insurance Market Size & Outlook, 2023-2030

The livestock insurance market in the UAE is expected to reach a projected revenue of US$ 18.9 million by 2030. A compound annual growth rate of 8.8% is expected of the UAE livestock insurance market from 2024 to 2030.
Revenue, 2023 (US$M)
$10.4
Forecast, 2030 (US$M)
$18.9
CAGR, 2024 - 2030
8.9%
Report Coverage
UAE

UAE livestock insurance market highlights

  • The UAE livestock insurance market generated a revenue of USD 10.4 million in 2023 and is expected to reach USD 18.9 million by 2030.
  • The UAE market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
  • In terms of segment, bovine was the largest revenue generating animal type in 2023.
  • 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 2023USD 10.4 million
Market revenue in 2030USD 18.9 million
Growth rate8.8% (CAGR from 2023 to 2030)
Largest segmentBovine
Fastest growing segmentOther Animals
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBovine, Sheep & Goats, Poultry, Other Animals
Key market players worldwideAXA SA, HDFC Bank Ltd ADR, Tokio Marine Holdings Inc, The Hartford Financial Services Group Inc, Reliance Global Group Inc, ICICI Lombard General Insurance, Nationwide Mutual Insurance, Sunderland Marine, Royal Sundaram General Insurance Co. Limited

Other key industry trends

  • In terms of revenue, UAE accounted for 0.2% of the global livestock insurance market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa livestock insurance market is projected to lead the regional market in terms of revenue in 2030.
  • Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 0.4 million by 2030.

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Livestock Insurance Market Scope

Livestock Insurance Market Companies

Name Profile # Employees HQ Website

UAE 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 37.5% in 2023. Horizon Databook has segmented the UAE livestock insurance market based on bovine, sheep & goats, poultry, other animals covering the revenue growth of each sub-segment from 2018 to 2030.


  • UAE Livestock Insurance Animal Type Outlook (Revenue, USD Million, 2018-2030)
    • Companion Animals
    • Production Animals
    • Bovine
    • Swine
    • Sheep & Goats
    • Poultry
    • Other Animals
    • Equine
    • Ovine & Caprine
  • UAE Livestock Insurance Coverage Type Outlook (Revenue, USD Million, 2018-2030)
    • Accident & Illness
    • Accident only
    • Others
    • Mortality
    • Revenue
    • Other Coverage
  • UAE Livestock Insurance Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Agency
    • Broker
    • Direct
    • Bancassurance
    • Others
    • Agency/ Broker

Reasons to subscribe to UAE livestock insurance market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Target buyers of UAE livestock insurance market databook

  • Our clientele includes a mix of livestock insurance market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 UAE livestock insurance market , including forecasts for subscribers. This country databook contains high-level insights into UAE livestock insurance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UAE livestock insurance market size, by animal type, 2018-2030 (US$M)

UAE Livestock Insurance Market Outlook Share, 2023 & 2030 (US$M)

UAE livestock insurance market size, by animal type, 2018-2030 (US$M)

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