Dairy-free ice cream brand Nadamoo saw about 95 percent year-over-year growth in 2017, with retail sales of approximately $12 million and similar growth estimated this year, reports Entrepreneur. But CEO Daniel Nicholson intends to take the brand, which is available at 4,500 Whole Foods Market, Sprouts, Albertsons, Safeway, and soon, Stop & Shop locations, even further.
He plans for market saturation in the U.S. to somewhere between 40,000 and 50,000 stores over the next three years, while simultaneously building up Nadamoo's international presence. The brand has been working on its relationships in Mexico, Canada, and Asia. In addition, Nicholson is excited about the potential to move into different categories, such as yogurt, beverage, coffee creamers, and cheese, according to the report. Full Story
Related: NadaMoo Jumps Into Brick-and-Mortar Space; Vegan Ice Cream Market Expected to Grow.
from Specialty Food News https://ift.tt/2w2AzE2
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