Food and beverage companies are facing a growing packaging crunch as material shortages and higher costs put more pressure on production. Packaging is becoming harder to source and more expensive to secure, creating another challenge for manufacturers already dealing with supply chain strain. As those costs build, companies are being forced to absorb them or pass them along.
Why This Matters:
Packaging is a critical part of the food supply chain. When it gets harder to source or more expensive to produce, that pressure does not stay with manufacturers. It moves into food production, distribution, and prices. This is one more example of how supply chain strain keeps building in places most people do not see until it shows up at the store.
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Source: Yahoo Finance
By: Oumar Fofana
