US expects a shortage of baby food
2022.12.01 08:45
US expects a shortage of baby food
Budrigannews.com – Reckitt Benckiser, the company that is today the most popular brand company in the world, believes that the shortage of infant formula in the US, which lasted almost a year, and caused the US intervention, is likely to “persist” in the spring.
“After the former American manufacturer Abbott Laboratories NYSE forced panicked parents to clear the shelves for infant formula in stores at the beginning of this year, the company refused dozens of different varieties of mixtures “”Similac””, “Alimentum” and “EleCare”.”
After complaining of a bacterial infection, a Michigan company manufacturing products was forced to recall.
Target, other NYSE supermarkets, as well as the Walgreens Shoe Association NASDAQ: had to limit sales and put pressure on the Biden administration in order to sort out the situation. The White House in May took measures aimed at reducing the deficit, citing the Defense Manufacturing Act to help manufacturers acquire the ingredients they need to increase supply.
Robert Cleveland, US Vice President of Nutrition for North America and Europe, noted that although the US has made progress on resupply, supply has not been normal since the beginning of the crisis in May-June. He added: “I think it will persist to some extent until spring resets.
“When we talk about crisis situations, we talk about what shelves look like to customers and how well they meet their needs.” “Perrigo is a competitive NYSE manufacturer: “Aptamal Danone manufacturer did not immediately respond to a request for comment, and PLC declined to comment.
As a result of Abbott’s reviews, the infant formula market in the United States rose to first place. Cleveland said that since the beginning of this year, slightly more than 50 markets of the British holding have remained “relatively unchanged”, which indicates that the holding has not lost its new popularity.
The US announcement of a temporary cut in the cost of children’s products for low-income families relying on a state discount in countries that have signed a contract with the company has further strengthened its position in the TOP.
Within the framework of the “Children, Children and Women” Program, WIC usually accept applications for state contracts so that they are the only suppliers of infant formula for low-income families. In the applications, they offer the states discounts as “discounts”. This discount is effectively covered by government intervention, the purpose of which is to encourage businesses to increase supply.
According to Reckitt, more than 40 children of low-income type WIC received food from Reckitt, whose plants for the production of mixtures are open around the clock. Cleveland said: “We hope that in the near future the US Department of Agriculture will want to return to the program in a normal way.”
He said, “We tell them to give us sufficient notice, to put a date in the calendar, in fact.” “Don’t try to shock the systems by making them do it too fast,” he said. “Give us time to adjust, because we will have to adjust production, distribution.”
