date:Feb 22, 2013
.
The firm predicts hot sauce production in the U.S. will reach $1.3 billion annually by 2017, and this is a segment that has seen strong year-on-year growth for a decade. In fact, the hot sauce segment has enjoyed annual revenue growth of 9.3% a year for the past 10 years, driven, contends IBISWorld, by demographic consumption trends, immigration and international demand from Canada, the UK and Japan.
Demand from supermarkets and grocery stores has reflected the change in consumer taste, and