DUCK MEDICINE AND VACCINES MARKET ANALYSIS

Market Challenges And Opportunities

Global Duck Medicine and Vaccines Market – Impact of Coronavirus (COVID-19) Pandemic

The coronavirus pandemic has negatively impacted the development, production, and supply of medicines and the growth of the pharmaceutical businesses of various companies across the globe. The lockdown has resulted in the closure of industrial establishments, except for the manufacturing of essential commodities and there has been disruption in the supply chain of pharmaceuticals. Thus, the COVID-19 pandemic has affected the economy in three main ways: 1) by directly affecting the production and demand; 2) disrupting distribution channels; and 3) causing financial impact on firms and financial markets. Supply chain and manufacturing activities in India, China, and the U.S. are disrupted due to the global lockdown, while many countries, such as Saudi Arabia, the UAE, Egypt, and others, are facing problems with regard to the transportation of drugs from one place to another. Due to all these reasons, the growth of global duck medicines and vaccines market was negatively hampered.

Global Duck Medicine and Vaccines Market: Restraint

The major factors that hinder growth of the global duck medicine and vaccines market include high treatment cost and limited access to the vaccines in emerging economies, such as India, Brazil, and others.