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 Sacramento 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 Sacramento Sun.
More InformationSYDNEY, NSW, Australia - The euro has jumped above 1.0700 in Asian trading Tuesday, but stocks have fallen sharply.The run ...
MILAN, Italy: Netflix and Italy have agreed to a $59 million settlement to to settle a four-year tax dispute, Milan ...
LONDON, England: British consumers continued to shop as normal last month, despite the highest inflation rate in 40 years, with ...
NEW YORK, New York - U.S. stocks rocketed higher Monday, a rally ignited by a weakening of the U.S. dollar ...
WASHINGTON D.C.: Following baby formula shortages throughout the United States, FDA Commissioner Robert Califf has said that Abbott Laboratories and ...
NEW DELHI, India: Skyroot, India's first privately held company to design, build and test a solid rocket propulsion system, successfully ...
TOKYO, Japan: China's efforts to develop areas in the East China Sea are "unacceptable," Japanese Prime Minister Fumio Kishida said ...
SAN 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) ...