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'The company continues to stand by its strategy to ensure product availability and solidify the continued long-term growth of the company’s brands.' This strategic direction has remained in place throughout the global supply chain challenges and disruptions despite adversely impacting the company’s profitability,' noted Sacks. 'Since the beginning of the COVID-19 pandemic and the subsequent increased demand for the company’s energy drinks, the company prioritized ensuring product availability for its customers and consumers. Q2 2021 while experiencing a significant increase in its cost of sales and operations, shared Sacks. The company reported net sales of $1.66bn in Q2 2022, a 13.2% increase vs.

Net sales +13.2% in Q2 2022, but significant supply chain challenges remain 'There will be a lot of fighting going on. you have got all of these sort of performance brands basically fighting for some more shelf space, and obviously, we will do the same. So there will be a lot of transition going on,' said Sacks. Emulsifiers, stabilizers, hydrocolloidsĪsked by analysts about the competitive landscape of the energy drink category especially with PepsiCo's recent $550m investment in Celsius and its growing retail footprint for Bang and Rockstar Energy along with other emerging brands such as Ghost Energy and C4, Sacks said the competition to hold onto and grow shelf space is undoubtedly stiff.Chocolate and confectionery ingredients.Carbohydrates and fibers (sugar, starches).Plant-based, alt proteins, precision fermentation.

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