According to the research report titled ‘Global Animal Husbandry Market Size study with COVID-19 Impact, by Type (Dairy, Meat, Poultry, Aquaculture, Others (Insects)) and Regional Forecasts 2020-2026’, available with Market Study Report, global animal husbandry market is expected to witness a substantial growth during 2020-2026.
 

Rising demand for beef, seafood, chicken, meat, and other animal products is a major driving factor for global animal husbandry market growth.
 

For those uninitiated, animal husbandry is a field of agriculture that involves raising of livestock, selective breeding, and daily care of animals for eggs, milk, fiber, meat, or other products.
 

The outbreak of COVID-19 has negatively impacted global animal husbandry market since the pandemic has reduced the demand for meat and chicken owing to rising concerns amongst people regarding the spread of virus through animal-sourced meat and chicken. However, Center for Disease Control & Prevention reportedly declared that the virus is transmitted through direct contact with humans, and not through aqua-animals or livestock.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2633116/
 

According to All-India Meat & Livestock Exporters Association, buffalo meat exports in the country have experienced a sharp fall with exports dropping 50% to 50,000 tons in February 2020. India buffalo meat industry witnessed a loss of around USD 1.96 billion of exports to Vietnam which is a key supplier for the Chinese market.
 

Additionally, the poultry industry in Maharashtra, India faced a deprivation of USD 196 million as the sales of chicken reduced to 2000 tons/day from 3000 tons/day in February 2020 owing to the COVID-19 pandemic. The processing of farm gate chicken has also reduced in the same period by 50% with a loss of over USD 1.3 million. Thus, decline in sales of chicken and meat has adversely impacted the animal husbandry market growth.
 

In the view of the COVID-19 pandemic and widespread shutdown, focus towards effective animal health & treatment may stimulate the industry outlook. In March 2020. for instance, Union Animal Husbandry, Dairying & Fishery Ministry requested the state governments to add veterinary services in the list of essential services. This step was taken to provide relief for animal husbandries to ensure cattle health.
 

Citing the regional landscape, Asia Pacific presently holds significant market share and is expected to register consistent growth during the forecast period, credited to the presence of huge animal husbandries coupled with large animal livestock. Factors like increasing meat demand is expected to create lucrative growth opportunities for leading companies in APAC over the anticipated timeline.
 

Major players in global animal husbandry market are Henan Boyajiuhua Animal Husbandry Co. Ltd., Hormel Foods Corp., Heforma GmbH, Dairy Farmers of America Inc., China Animal Husbandry Group, Cargill Inc., Beijing Dabeinong Technology Group Co. Ltd., AZA International SRL, Al-Hamd Agro Food Products Pvt. Ltd., and Agri Beef Co.