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Quit-smoking apps get hot in a $1 billion market
Courtesy of Frank's Red Hot
Total sales: $43,907,580
Total sales: 16,397,280
Avg. price: $2.68
Founded in 1920 in New Iberia, La., Frank’s RedHot was named after merchant Jacob Frank, who partnered with pepper farmer Adam Estilette to create what is now the best-selling hot sauce in the U.S. One of its claims to fame is that it was the hot sauce used in the original Buffalo Wings in Buffalo, N.Y. Today it accounts for 19 percent of total of the $227 million hot sauce market in the U.S.