The global pet insurance market size is estimated to be valued at $28,377.8 million by 2028 , surging from $9,173.4 million in 2020 , at a CAGR of 15.3% . COVID-19 Impact on the Pet Insurance Market The worldwide pet insurance market share is expected to be significantly impacted during the COVID-19 pandemic. Due to a reduction in client demand for insurance, several insurance brokerage firms in countries such as India and Japan have shuttered. Although the insurance industry has grown substantially in recent years, the COVID-19 pandemic might have caused a slight decline in 2021. This is due to government agencies imposing curfews in most countries, as well as an increase in insurance premiums. However, with the increase in adoption of pets and also, with the awareness of the advantages of pet insurance, the market is expected to raise eventually. How COVID-19 Impact on the Pet Insurance Market? Keep in touch with our Expert Analyst@ https://www.researchdive.com/connect-to-
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