In just a decade, the global agricultural insurance market is set to nearly double in value, soaring from $38.5 billion in 2022 to a projected $67.4 billion by 2032, growing at a CAGR of 5.8%
Crop insurance provides cultivators with #financialprotection against expected #croplosses caused by uncontrollable natural factors like #fire, #weather, #floods, #pests, and #diseases.
Source: Allied Market Research
