Lactalis Warns of Price Hikes

The French dairy giant stated that the conflict has blocked shipments and delayed sales across its global operations.

Lactalis is the latest major food producer to signal that the energy crisis in the Middle East is having a direct impact on supermarket shelves.

The company is currently working to mitigate the impact of rising input costs but indicated that some price increases are inevitable.

Industry experts warn that dairy products could become a luxury for some households if the war continues to destabilize global trade.