Huy Fong Foods

How This Refugee Built a $1.2 Billion Hot Sauce Empire

October 6th, 2024

Founded By
David Tran
Monthly Revenue
$12.5M
Starting Costs
$20K
Founders
1
Employees
350 (est.)
Profitable
Yes
Year Started
1980
Customer
B2B & B2C

Who is David Tran?

David Tran, the founder of Huy Fong Foods, is a Vietnamese refugee who immigrated to the U.S. in 1979; he built a hot sauce empire inspired by his family's background in chili farming and his passion for spicy food.

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What problem does Huy Fong Foods solve?

Huy Fong Foods' Sriracha sauce provides a consistent, high-quality spicy condiment that satisfies the diverse and intense cravings for authentic heat, filling a gap in the market for flavorful hot sauces and creating a wide-reaching, loyal customer base. Its ability to deliver a rich, balanced flavor without compromising on price ensures it stands out in a highly competitive industry.

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