The maker of Kit Kats and Twizzlers says its Halloween and holiday season output may fall short due to a lack of raw ingredients and capacity challenges.
This Halloween if you were hoping to find Reese’s peanut butter cups in your treat bag, you may be left disappointed!
Hershey warned Thursday that it might not be able to meet the demand for its signature candies at Halloween and over the holiday season because of a scarcity of raw ingredients and capacity challenges. It’s the latest kink in the global supply chains that got mangled during the coronavirus pandemic and now must absorb the logistical fallout from the Russian invasion of Ukraine.
The war has made some ingredients hard to come by and the efforts of European nations to isolate Moscow by restricting its oil and gas imports will affect Germany’s energy market, where the Pennsylvania-based company said it sources equipment and supplies.
North Americans have turned to sweets amid the stress and disruption brought on by the pandemic. Chocolate and other candy sales surged 11 percent in 2021. And the demand is still high which could lead to a shortage this holiday season.