Germany Pet Insurance Market Size & Outlook, 2025-2033
Related Markets
Germany pet insurance market highlights
- The Germany pet insurance market generated a revenue of USD 1,145.8 million in 2024 and is expected to reach USD 4,396.7 million by 2033.
- The Germany market is expected to grow at a CAGR of 16.2% from 2025 to 2033.
- In terms of segment, accident only was the largest revenue generating coverage in 2024.
- Accident & Illness is the most lucrative coverage segment registering the fastest growth during the forecast period.
Pet insurance market data book summary
| Market revenue in 2024 | USD 1,145.8 million |
| Market revenue in 2033 | USD 4,396.7 million |
| Growth rate | 16.2% (CAGR from 2025 to 2033) |
| Largest segment | Accident only |
| Fastest growing segment | Accident & Illness |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Accident & Illness, Accident Only, Other Coverage |
| Key market players worldwide | Deutsche Familienversicherung, JAB Holding Company, Direct Line Insurance Group PLC, Tesco PLC, Sainsbury's Bank, Fressnapf, EQT Group, HDFC ERGO Health Insurance, Alipay, Nationwide Mutual Insurance, Anicom, Petplan Pet Insurance (North America), Lassie, Getsafe, Waggel, Feather Insurance, Napo, MetLife Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 6.2% of the global pet insurance market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Europe, UK pet insurance market is projected to lead the regional market in terms of revenue in 2033.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 4,152.7 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pet Insurance Market Scope
Pet Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Napo | View profile | 51-100 | London, England, United Kingdom, Europe | https://www.napo.pet/ |
| Waggel | View profile | 1-10 | London, England, United Kingdom, Europe | https://www.waggel.co.uk |
| Getsafe | View profile | 251-500 | Heidelberg, Baden-Wurttemberg, Germany, Europe | http://www.hellogetsafe.com |
| Lassie | View profile | 11-50 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.lassie.co/ |
| Petplan Pet Insurance (North America) | View profile | 251-500 | Newtown Square, Pennsylvania, United States, North America | http://gopetplan.com |
| Fressnapf | View profile | 10001+ | Krefeld, Nordrhein-Westfalen, Germany, Europe | https://www.fressnapf.com/ |
| Sainsbury's Bank | View profile | 1001-5000 | Edinburgh, Edinburgh, City of, United Kingdom, Europe | http://www.sainsburysbank.co.uk |
| Feather Insurance | View profile | 11-50 | Berlin, Berlin, Germany, Europe | https://feather-insurance.com |
| EQT Group | View profile | 1001-5000 | Stockholm, Stockholms Lan, Sweden, Europe | https://eqtgroup.com/ |
| Alipay | View profile | 501-1000 | Hangzhou, Zhejiang, China, Asia | https://global.alipay.com |
| Nationwide Mutual Insurance | View profile | 10001+ | Columbus, Ohio, United States, North America | http://nationwide.com |
| Anicom | View profile | 101-250 | Tokyo, Tokyo, Japan, Asia | https://www.anicom.co.jp/ |
| Deutsche Familienversicherung | View profile | 101-250 | Frankfurt, Hessen, Germany, Europe | https://www.deutsche-familienversicherung.de |
| JAB Holding Company | View profile | 51-100 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.jabholco.com/ |
| MetLife Inc | View profile | 45000 | 200 Park Avenue, New York, NY, United States, 10166-0188 | https://www.metlife.com |
| Direct Line Insurance Group PLC | View profile | 10131 | Westmoreland Road, Churchill Court, Bromley, Kent, United Kingdom, BR1 1DP | https://www.directlinegroup.co.uk |
| HDFC ERGO Health Insurance | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | https://www.apollomunichinsurance.com/ |
| Tesco PLC | View profile | 336712 | Kestrel Way, Tesco House, Shire Park, Welwyn Garden, United Kingdom, AL7 1GA | https://www.tescoplc.com |
Germany pet 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 pet insurance market will help companies and investors design strategic landscapes.
Accident only was the largest segment with a revenue share of 98.78% in 2024. Horizon Databook has segmented the Germany pet insurance market based on accident & illness, accident only, other coverage covering the revenue growth of each sub-segment from 2021 to 2033.
Germany is one of the key pet insurance markets. Growing pet population and expenditure are some of the key factors driving the market. According to FEDIAF estimates, 25% of German households owned at least one dog in 2023, while 26% owned at least one cat.
According to a 2020 survey by Coya, an insurance provider for pets in Germany, the country has some of the best cities in the world to own and raise a pet. In fact, in its Best Cities for Dogs Index, Munich, Cologne, Hamburg, Berlin, and Frankfurt ranked in the top 30. Dogs/capita, the number of veterinarians/dogs, the number of pet stores, and dog-friendly hotels, restaurants, & parks were among the infrastructure category characteristics taken into account in the study.
The cost, regulation, and ownership category took into consideration variables such as lifetime expenditures, the number of abandoned dogs each year, dog waste fines, and dog waste surveys.
Reasons to subscribe to Germany pet 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.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany pet insurance market databook
-
Our clientele includes a mix of pet 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 Germany pet insurance market , including forecasts for subscribers. This country databook contains high-level insights into Germany pet insurance market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Germany pet insurance market size, by coverage, 2021-2033 (US$M)
Germany Pet Insurance Market Outlook Share, 2024 & 2033 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
