Robert Besser
09 May 2022, 20:37 GMT+10
NEW YORK CITY, New York: Global supply chain issues have reduced the availability of baby formula by 40 percent in the United States, according to industry officials.
During the week ending 24th April, some 40 percent of leading baby formula products were out of stock in the U.S., an increase from just 11 percent in November.
"We have been tracking it over time and it is going up dramatically. We see this category is being affected by economic conditions more dramatically than others," said Ben Reich, CEO of Datasembly, as reported by CBS News.
Shortages were more severe in some states, including Iowa, South Dakota, North Dakota, Missouri, Texas and Tennessee. In other states, between 40 to 50 percent of baby formula products were out of stock.
In the U.S., nearly 75 percent of babies receive some formula products within their first six months of life, so the shortage will affect many families.
"This is a shocking number that you do not see for other categories. Among the causes was a widespread recall in February of Abbott Nutrition powdered baby formula products amid reports of illnesses in babies," Reich said.
Last week, the U.S. Food and Drug Administration warned consumers not to use any of the recalled products manufactured at Abbott Nutrition's Michigan facility, due to unsanitary conditions.
Meanwhile, CBS News reported that stores have been limiting sales of baby formula, in response to the shortages.
"Product supply challenges are currently impacting most of the retail industry," a CVS Health spokesperson told United Press International, adding that prices have risen on about 18 percent on the most popular products.
Meanwhile, the Infant Nutrition Council of America has urged parents not to stockpile products, but maintain a 10-day to two-week supply.
Get a daily dose of Denver Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Denver Sun.
More InformationSAN FRANCISCO, California: In a letter released this week, the archbishop of San Francisco, Salvatore Cordileone, said U.S. House Speaker ...
BERLIN, Germany: At least 43 people were injured after a tornado struck the western German city of Paderborn on May ...
WASHINGTON D.C.: The Department of Justice has said that an American citizen and four Chinese intelligence officers have been charged ...
WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...
WASHINGTON D.C.: U.S. senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution requesting the Federal Trade Commission (FTC) ...
MOSCOW, Russia: According to preliminary data released by the finance ministry this week, almost three months after Moscow's invasion of ...
SACRAMENTO, California: In another blow to the state's push to diversify corporate leadership, a California court judge has ruled that ...
Pete Alonso's three-run homer capped a five-run third inning Monday night as the visiting New York Mets rolled to a ...
Nazem Kadri scored a hat trick to lift the visiting Avalanche past the St. Louis Blues 6-3 on Monday, giving ...
Yoshi Tsutsugo's tiebreaking RBI infield single in the eighth inning Monday gave the Pittsburgh Pirates a 2-1 win over the ...
The Golden State Warriors look to become the first team since Michael Jordan's Chicago Bulls to make six trips to ...
The Minnesota Timberwolves finalized a five-year deal with Denver Nuggets president of basketball operations Tim Connelly to have him lead ...