Pet Insurance Market Reports
According to the North American Pet Health Insurance Association, approximately 1.4 million dogs or cats in the U.S. and 200,000 dogs or cats in Canada are covered by pet health insurance, for a US$774 million in premium volume in 2015. These numbers will only swell as key demographics such as Millennials and Latinos expand and diversify the pet-owning population. Coupled with new consumers is the momentum the human-animal bond imparts to expenditure within the pet insurance segment. A larger and more complex pet-owning population precipitates increased expenditure that ensures pets being part of the family for as long as possible, and Packaged Facts offers key insights into prospective pet-owners' understanding of the rapidly changing pet-owning consumer landscape. The reports in this collection will aid in understanding pet insurance industry specifics such as market share, size, growth opportunities, market trends, consumer perspectives, marketing strategies, and much more.