The global COVID-19 pandemic has made a huge impact on economic trends including the ones in the agriculture and food sector. The threat of food shortages has made food production insufficiency a burning issue, especially in Croatia, a country dependent on imported agriculture and food products. This paper's main goal is to explore the impact of the global coronavirus crisis on the agriculture and food industry as exemplified by the Grupa Pivac conglomerate's response to the pandemic. Grupa Pivac is one of Croatia's leading food companies, with a vertically connected system of agricultural farming, livestock farming, slaughtering industry, meat production and processing, transportation and wholesale and retail activities. The paper researches the company's data with regard to the most substantial business risks during the pandemic. The paper also discusses the current state of the agriculture and food industry and the government’s measures adopted to provide relief to the food and agriculture sector in the short term as well as to achieve Croatia’s food production self-sufficiency in the long term. The results of the research suggest that Grupa Pivac as well as the Croatian food and agriculture sector have successfully faced with the global coronavirus pandemic challenges. With the aim of further development of the company, this paper brings suggestions and recommendations for revitalizing livestock farming, increasing the products’ added value and the development of new trade and distribution channels. The opportunities presented for the company’s enhancement of business practices potentially contribute to the development of the Croatian food and agriculture sector as well as the country’s economy as a whole.