Packaging costs are climbing as the Iran conflict disrupts oil, aluminum, and plastics, tightening supply chains and pressuring CPG margins. Food manufacturers face tough choices as safety rules limit material changes and volatility persists.
A recent report shows the cost of beer in the U.S. has climbed to a median price of $6.52. As a result, more consumers are pausing before paying for a pint.
Fuel surcharges are pressuring already thin food industry margins, as carriers tack on steep new fees. Business leaders should brace for shrinkflation, higher shelf prices and tougher cost decisions as fuel volatility ripples through the entire supply chain.
Soaring gas prices are reshaping grocery behavior, according to a new survey, with most shoppers cutting spending, trading down, and sticking closer to home. Retailers now face mounting pressure to double down on value and private-label products
