Market Insight Information

The novel coronavirus lockdown has negatively impacted the global animal feed market in 2020. Due to COVID-19 outbreak, meat production industry has significantly affected because rumors of COVID-19 may spread through the consumption of animal based foods such as meat products and their derivatives, which is indirectly hampering the animal feed products demand. This factor is negatively affecting the growth of the market in the time of emergency period. Also, the demand for meat and poultry products is significantly decreased due to disturbance in the supply chains and labor shortages are further expected to hinder the market growth in the pandemic period. However, many governments are executing various initiatives to recover from this situation during the COVID-19 emergency. For example, in recent times, government of Canada has increased credit for fishers, aquaculture and agriculture to support the businesses in the lockdown period. Also, government has enabled additional credit of ...

  The rapid communal transmission of coronavirus disease (COVID-19) has created a positive impact on the global almond drink market. The significant growth of the global almond drink market is mainly attributed to the increasing emphasis on health consciousness along with the rising number of patients suffering from lactose deficiency. In addition, it is expected that the global need for almond drinks may ultimately upsurge during the COVID-19 pandemic. The Pregnant or lactating women and elderly patients, those with pre-existing cardio-pulmonary history are vulnerable to the coronavirus. Thus, doctors are highly recommending almond drinks to boost immunity in this period. These factors may create a great impact on the almond drink, during the pandemic crisis. Furthermore, industry players are highly focusing on effective strategies to sustain in a chaotic situation.              For instance, in January 2020, Blue Di...