Research and Markets: Global Pet Insurance Market: Trends and Opportunities 2014-2019

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/4688gw/global_pet) has announced the addition of the "Global Pet Insurance Market: Trends and Opportunities (2014-2019)" report to their offering.

The report assesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2014-19).

Globally, pet insurance market is largely untapped with extremely low penetration rates and hence it holds potential with high market opportunity. In developed economies like the US, pet insurance penetration rate is less than 1% and the primary reasons for low coverage in North America is lack of awareness, short history of availability in relation to Western Europe and negative product perception from early market entrants. Despite of low penetration, several developed and developing nations are huge markets for pet insurance products and the market is likely to grow on the back of growing number of companion animals and increased awareness of insurance products.

The UK, the US and Japan are major pet insurance markets globally. The market is expected to grow in other areas of the world in upcoming years. The growth of the segment is driven by rising pet ownership globally, associated health benefits of pet ownership and expected high potential from under-penetrated pet market around the world. However, factors such as high price of pet insurance policies, lack of awareness and government regulation are posing challenge to industry's growth. Major trends prevailing in the market consists of mergers and acquisitions in the US market and increasing private equity transactions in global pet insurance industry.

Company Coverage

- Allianz Group

- Anicom Holdings

- Pethealth Inc.

- Veterinary Pet Insurance (VPI)

Key Topics Covered:

1. Executive Summary

2. Pet Insurance Market

3. Global Pet Insurance Market: An Analysis

4. Global Pet Insurance Market: Region/Country Analysis

5. Global Pet Insurance Market Trends

6. Global Pet Insurance Market: Growth Drivers & Challenges

7. Competitive Landscape: Pet Insurance Market

8. Company Profiles: Pet Insurance Market

For more information visit http://www.researchandmarkets.com/research/4688gw/global_pet

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance