Sriracha Shortage Drives Prices Up on eBay and Amazon.
Due to an ongoing shortage, Sriracha sauce, the beloved condiment made from chili peppers, has become a hot commodity in recent months. As a result, prices for the popular sauce have surged on online marketplaces like eBay and Amazon, with some bottles selling for as much as $80.
The shortage is due to supply chain disruptions caused by the COVID-19 pandemic, affecting the production and distribution of many food products. Huy Fong Foods, the maker of Sriracha sauce, has warned of an “unprecedented shortage” and has been unable to keep up with demand for the famous condiment.
As a result, many consumers have turned to online marketplaces to try to find the sauce, driving up prices. One seller offering 28-ounce bottles for $32.99 had made 115 sales as of Monday morning, while a search on eBay shows prices for various-sized bottles ranging from $39.98 for 17-ounce bottles to a 28-ounce bottle for nearly $70.
While some consumers may be willing to pay these high prices to get their hands on the beloved sauce, others are turning to alternative brands or making their own at home. Recipes for homemade Sriracha sauce have become increasingly popular online, with many food bloggers and home cooks sharing their versions of the spicy condiment.
Despite the shortage, Huy Fong Foods has assured consumers that they are working to increase production and get more Sriracha sauce back on store shelves as soon as possible. In the meantime, consumers may need to be patient or consider alternative options until the supply chain issues are resolved.
The Popularity of Sriracha Sauce
Sriracha sauce has become a staple in many kitchens worldwide, beloved for its spicy, tangy flavor and versatility as a condiment. The sauce was first created in the early 1980s by Vietnamese immigrant David Tran, who founded Huy Fong Foods and began producing the sauce in his garage in California.
Since then, Sriracha sauce has become a cultural phenomenon, with fans worldwide incorporating it into everything from burgers and fries to cocktails and desserts. The sauce has inspired various Sriracha-flavored products, from chips and popcorn to beer and ice cream.
Despite the current shortage and high prices, it seems unlikely that the popularity of Sriracha sauce will wane anytime soon.
