NutraCast: SPINS on VMS inflation powered by Amazon data
Between worker shortages, plant shutdowns, trucking issues, backups at the ports, supply chains are pinched and prices are growing. Every industry is feeling the inflation burn – and the health and wellness sector is no exception. According to SPINS, signs of inflation are showing up in vitamins and supplements, with protein powder up 13% compared to last year. Daniel Harari, GM of ecommerce Solutions at SPINS, says Amazon’s massive size and reach make it a good bellwether.