U.S. faces shortage of up to 8 billion meals in next 12 months, leading food bank says The can shortage is set against a backdrop of on-again, off … He verified there is an aluminum can shortage, saying consumers are turning to cans more now than ever before. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Beer-makers such as D.G. Much like manufacturers weren't prepared for a sudden rush of Americans buying toilet paper in the early days of the pandemic, canmakers and beverage companies weren't ready for drink consumption to go from the tap to the home. ​​In particular, the turnaround time for shrink-sleeve cans, in which plastic labels are shrink-wrapped onto containers, has grown to 4 to 5 weeks from 4 to 5 days and the printed cans have doubled in price, said Chad Heath, vice president of sales and marketing for Karl Strauss Brewing, the 31-year-old San Diego brewery known for beers such as Red Trolley Ale and Boat Shoes Hazy IPA. In some cases, beverage makers suspended output of products that sell in low volumes, so they can focus on their bestsellers. San Francisco (CNN Business)A shortage of one of the most mundane items in daily life -- the humble aluminum can -- means beer fans are likely to find that some of their favorite brews are out of stock right now. ​​Others have made similar moves. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Beer sold in cans accounted for 50% of all beer sold in 2010 and 60% in 2019, a 20% increase, according to the National Beer Wholesalers Association, a trade association for US beer distributors. MINNEAPOLIS (WCCO) — It may be harder to get your favorite drink in a can. San Francisco (CNN Business) A shortage of one of the most mundane items in daily life -- the humble aluminum can -- means beer fans are likely to … Beverages. Between the coronavirus pandemic, the surge in off-premise sales and more people buying beer at liquor or … The coronavirus crisis is causing an aluminum can shortage as lockdowns accelerate demand for … “The big game right now is just figuring out how to get our hands on as many … This is normally the busiest time of year at … "Many new beverages are coming to market in cans, and other long-standing can customers are moving away from plastic bottles due to ongoing environmental concerns around plastic pollution. "We are seeing extended wait times for can orders and also some of the smaller players not having orders fulfilled. Karl Strauss has whittled down the number of beers it typically makes, putting the pause on specialty releases and seasonal beers. ​​"Really, the whole idea was ensuring that we had the most can supply available for our biggest brands," he said. Save better, spend better: Money tips and advice delivered right to your inbox. Between the coronavirus pandemic, the surge in off-premise sales and more people buying beer at liquor or … An unexpected consequence of the pandemic is a shortage of aluminum cans. 1:03 But what's hurting more than the tariff is the can shortage. Coca-Cola's main Twitter account responded to customers who couldn't find niche products such as Cherry Coke Zero and Pibb. From soft drinks to hard seltzer, canned drinks are high in demand. "The can industry is working 24/7 on meeting the unprecedented demand," said Robert Budway, president of the Can Manufacturers Institute, the industry's trade association. Then came coronavirus. There’s no shortage of aluminum, but aluminum cans, specifically. As beer and soda consumption shifts from restaurants to homes during the COVID-19 pandemic, beverage companies and canmakers are having a hard time keeping up. “Beverages in convenient take-home packages like aluminum cans are particularly popular right now, and beverage company employees are doing all they can to make sure store shelves remain fully stocked," William Dermody Jr., the ABA's vice president for media and public affairs, said in an email. People are stocking up during lockdown and many of the companies that produce these aluminum cans are finding it difficult to keep up with demand. He says consumers are turning to cans more now than ever before. Update, August 10, 2020: Since the U.S. is already dealing with an aluminum can shortage as more people stock up on canned beverages for home drinking (rather than draft beer at bars, say), manufacturers are scrambling to ramp up production and stay ahead of rising demand. Factset: FactSet Research Systems Inc.2018. An aluminum can shortage and tariffs are increasing the price of canned beer for breweries — and maybe consumers. Lockdowns and stay-at-home orders increased demand for packaged food and drinks which has resulted in a shortage of aluminum cans in the United States as … “We understand that brands may need to use other packages temporarily,” he says, but the factors that had led the can to take market share away from plastic and glass are still at play. Beverage companies have been hit with a shortage of aluminum cans as soft drink and beer consumption has shifted from restaurants to homes amid the coronavirus pandemic. He did not say which products or specifically attribute the decision to a shortage of cans. unbranded - Lifestyle, unbranded - Lifestyle, Money tips and advice delivered right to your inbox. Of aluminum cans is crimping supplies of certain drinks, industry officials.... Drinks to hard seltzer, canned beverage to quench their thirst cases, beverage makers output! 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