Baby Formula Shortage Highlights US Racial Disparities
Low-income families buy majority of formula in US, but lack resources or means to hunt for it during massive safety recalls and supply disruptions
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Low-income families buy majority of formula in US, but lack resources or means to hunt for it during massive safety recalls and supply disruptions
Abbott's loss is Reckitt's gain with the British consumer goods company grabbing the top spot in the $5.8 billion-a-year baby formula market. Reckitt took full advantage of Abbott recalling its products, feeding 211,000 more babies before the crisis started.
Bubs Australia, which makes formula Down Under, plans to provide at least 1.25 million cans of several varieties of its infant formula.
Stores are slowly restocking back on baby formula, but it could be up to two months before we see consistency on the shelves.
Before the war, Ukraine and Russia exported around 75% of the world's sunflower oil, a common ingredient in baby formula.