Innovative Food Holdings Inc (OTC: IVFH)

Innovative Food Holdings, Inc. builds dynamic scalable businesses by selling specialty foods that are difficult to find through traditional channels.

The company generates revenue by selling a wide range of perishable and specialty food products, including origin specific seafood, meats, cheeses, produce and other premium ingredients, to professional chefs across multiple channels.

The company operates through the following segment.

• The Digital Channels segment distributes products through drop ship arrangements and e commerce platforms, including third party distributor websites and the company’s own online store, reaching customers nationwide.

In the competitive specialty food distribution market, Innovative Food Holdings, Inc. holds a niche position by offering a broad selection of unique, high quality products that are not typically available through conventional broadline distributors. Its primary competitors are local purveyors that serve limited geographic areas with narrow product ranges, as well as larger established firms that possess greater financial and marketing resources. The company differentiates itself through close relationships with small batch producers, GFSI/SQF certifications, and a logistics network capable of delivering fresh products within 24 to 72 hours.

The company serves professional chefs working in restaurants, hotels, country clubs, national chain accounts, hospitals and catering houses. It also reaches customers through drop ship arrangements with broadline distributors such as US Foods, making its products accessible to chefs nationwide.