Nigeria Pet Insurance Market Size & Outlook, 2025-2033
Nigeria Pet Insurance Market Insights
- As per Deep Market Insights insights, the Nigeria Pet Insurance Market stood at USD 93.48 Million in 2024 and is anticipated to grow to USD 238.23 Million by 2033.
- The Nigeria market is expected to advance at a CAGR of 11.06% from 2025 through 2033.
- In 2024, Accident Only accounted for the highest share of the Policy market size.
- During the forecast period, Comprehensive is set to register the highest growth, making it the most lucrative Policy segment.
![Nigeria Pet Insurance Market Size, Share & Growth Report By [2033]](https://deepmarketinsights.com/uploads/charts/nigeria-pet-insurance-market-nigeria-policy-44031.png)
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Nigeria represented 0.52% of the overall global Pet Insurance Market size.
- United States is projected to lead the global Pet Insurance Market size by 2033.
- Across Middle East and Africa, United Arab Emirates is anticipated to hold the dominant position in market size by 2033.
- Saudi Arabia is forecasted to expand at the fastest pace in Middle East and Africa, attaining USD 693.28 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 93.48 Million |
| Market Size In 2033 | USD 238.23 Million |
| Largest segment | Accident Only |
| Units | Revenue in USD Million |
| CAGR | 11.06% (2025-2033) |
| Segmnetation Covered | |
| Policy |
|
| Animal Type |
|
| Distribution |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Nigeria Pet Insurance Market Policy 2025-2033 (USD Million)
| Policy | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accident Only | XX.x | XX.x | XX.x | 60.68 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Comprehensive | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nigeria Pet Insurance Market Animal Type 2025-2033 (USD Million)
| Animal Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dog | XX.x | XX.x | XX.x | 53.91 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Cat | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nigeria Pet Insurance Market Distribution 2025-2033 (USD Million)
| Distribution | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online | XX.x | XX.x | XX.x | 51.69 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Offline | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.