The global animal husbandry industry has been largely impacted by the effect of coronavirus. There has been a sharp fall in the demand for chicken and meat since the outbreak as there have been various rumors amongst the peoples that the virus can spread through the animal’s meat and chicken. However, the Centers for Disease Control & Prevention declared that coronavirus is known to be transmitted via direct contacts to humans, and not via livestock or aqua animals. Several government organizations have set guidelines in order to prevent the pandemic. 

The primary factors that were responsible for the sector growth before the pandemic were the increased consumption of meat, beef, chicken and other kinds of seafood such as prawns globally. Changing lifestyles of the peoples along with the preferences towards the luxury food items were also the prime factors for the market growth. 

Animal husbandry industry is segmented by type into dairy, meat, poultry, aquaculture, and others (insects). Meat and poultry are expected to get affected significantly due to the COVID-19 pandemic. Based on the regional viewpoint, the most affected regions are the US, China, Italy, France, Germany, Spain, UK, and India. The regional demand for chicken and meat is decreased due to the increased rate of virus spread. Further, it has also been witnessed that the peoples are opting for the jackfruit as the replacement of chicken and mutton. Whereas, the shutdowns of the food chain services including restaurants has also affected the market growth. Countries are announcing several relief packages in order to reduce the impact of coronavirus in the sector as well as the rumors with it. For instance, in India, the government has set up the COVID-19 Economic Response Task Force to assess the impact of COVID-19 in the various sectors including animal husbandry. Thus, to dispel the rumors that COVID-19 spreads by consumption of chicken, the Poultry Farm Association of India also organized a Chicken Fair in Uttar Pradesh state.

The prominent players operating in the global animal husbandry industry include Agri Beef Co., Dairy Farmers of America Inc., Pilgrim's Pride, Nestle SA, Tyson Foods, Inc., among many others. Numerous animal husbandry companies are affected due to the outbreak, especially in any of the most outbreak zones that include China, the US, Italy, Spain, France, Germany, and other European countries. 

Research Methodology

The study on animal husbandry industry is incorporated by extensive primary and secondary research conducted by the research team. In secondary research, different approaches have been adopted to derive the market value, market growth rate and analyze trends in the industry due to the COVID-19 pandemic. In the report, the analysis of the country is provided by analyzing various regional players, laws &policies, consumer behavior, macro-economic factors and impact of the pandemic. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures. Besides, an expected recovery timeline of the industry will also be provided with the best- and worst-case scenario which will aid the companies to take their future steps in the global Animal Husbandry industry.

Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog
• Government Organizations Reports

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

The Report Covers

• Comprehensive research methodology of the global Animal Husbandry Industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global Animal Husbandry industry.
• Insights about market determinants that are stimulating the global Animal Husbandry industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of the market players.