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Ever-increasing consumer demand feels like an almost rote takeaway as the final numbers from the third quarter of 2021 tell a familiar story. What is new territory, however, is that in August and September of the third quarter, demand pushed above the unprecedented sales of March 2020 when store shelves were emptied by panicked consumers.

What’s Driving up Costs?

• Record consumer demand.
• Significant labor shortage across the CPG supply chain.
• Soaring wholesale and shipping costs.