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Market Conditions - August 31, 2021

Posted by John Hocker on

Protein Bags

As expected, whey protein pricing is going crazy. Costs on raw materials are already up, and we've been told to expect further increases in the 4th quarter. This price increase is already in effect for some products (specifically Private Label Protein & Organic Whey), and will impact other proteins soon.

Blendtec has also made a soft announcement that there will be an increase as of January 1st, 2022, and it could be larger than their normal annual increase. Shipping and related costs are also continuing to rise, with some indicating that it could ease after the holidays.

For real-time updates, check out our Supply Chain Solutions page.

 


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