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Specialty Food Sales Top $100 Billion in 2014
The specialty food industry is a bright spot in the U.S. economy. In 2014, sales of specialty food topped $100 billion for the first time, with retail and foodservice sales reaching a record $109 billion.  Retail sales of specialty food grew 19 percent from 2012 to 2014 versus a tepid 2 percent increase for all food. The industry, fueled by small businesses, now boasts 15 segments that exceed $1 billion in sales, including cheese; coffee; meat, poultry and seafood; chips, pretzels and snacks; candy; and yogurt.  These findings are from a new report from the Specialty Food Association (SFA) produced ...
SIAL Canada Reveals Innovation Award Finalists
SIAL Canada, which takes place April 28-30 at the Direct Energy Center in Toronto, named the 10 finalists for its Innovation Award. The award will be announced at the show. All the finalists will benefit from the unique opportunity of traveling the world by visiting all the SIAL Group’s shows, which take place in Canada, China, Brazil, the Philippines, Indonesia, Paris and Abu Dhabi. The finalists are: Doi Chaang Coffee Co. Social Medium organic and fair trade coffee pods from Thailand and British Columbia; Exotico Sumatra Robusta Instant Green Coffee from Indonesia; Fantino & Mondello Dry Salami bites in a ...
Original Louisiana Brand Hot Sauce Acquired by Southeastern Mills
Southeastern Mills Inc. has acquired The Original Louisiana Brand Hot Sauce and related assets from New Iberia, La.-based Bruce Foods Corp. This acquisition includes all of the brands and intellectual property related to the hot sauce business, as well as the manufacturing and warehouse facilities in New Iberia. With an 80-year history, The Original Louisiana Brand Hot Sauce continues to use the time-honored techniques of Cajun cooking and is produced from three all-natural ingredients, including carefully selected and handpicked, authentic sun-ripened, long cayenne chili peppers.  The original hot sauce of Louisiana, featuring the famous red dot on the label, can ...
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