There are several factors, from labor shortages to elevated shipping costs, that have lead to a significant increase in the cost of bringing supplements to market – an issue especially during a global pandemic where the popularity in immunity supplements has risen dramatically. Lief Lab’s Vice President of Supply Chain Al Sabino joins other industry executives to discuss the impact of the economy on the dietary supplement industry and brands and what it means for 2022.

An inflated environment has greatly contributed to the challenges affecting the supply chain, and with relentless consumer demand, labor issues, and logistical constraints, troubles are expected to linger into 2022 and ultimately impact consumers’ wallets. “We understand [business partners] are also facing struggles, so we look hard at efficiencies and try to reduce our production costs as opposed to passing price increases to our customers,” Sabino says.

Read the full article at New Hope Network.