Top 10 Nut Companies | Provides Finest Quality

Samruddhi Yardi
Samruddhi Yardi

Updated · Feb 7, 2024

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Nuts Market Overview

The nut sector covers a broad range of edible seeds like almonds, walnuts, and cashews. They are known for their health benefits due to their nutritional content, including good fats, protein, vitamins, and minerals.

This industry has expanded thanks to growing awareness of its health advantages and the desire for natural and organic choices. It faces challenges like crop variations due to weather and pricing issues. Nuts undergo processing, and packaging, and come in different forms, making them adaptable within the food industry.

Market Drivers

The global nuts market is thriving due to several factors. A growing emphasis on healthy eating has boosted demand for nuts, known for their nutritional value.

They’ve become a popular snack choice, especially as on-the-go options. The rise of plant-based diets and innovative nut-based products like almond milk have expanded their applications.

Additionally, sustainability concerns and increased marketing efforts highlighting their health benefits have contributed to their popularity. This market’s growth is also driven by emerging markets and a broader consumer base.

Market Size

The anticipated global nuts market is projected to reach $110 billion by 2032, with a steady estimated CAGR of 5.7% from 2023 to 2033. In 2023, it is expected to reach a total of $163.2 billion.

List of Major Companies

 These are the top ten companies operating in the Nuts Market:

Wonderful-Company

Company Overview

Establishment Year1979
HeadquarterLos Angeles, California, U.S.
Key ManagementStewart Resnick (Chairman and President)
Revenue (US$ Bn)$ 5 Billion (2023)
Headcount~ 10,000 (2023)
Websitehttp://wonderful.com/

About Wonderful Company

Located in Los Angeles, California, The Wonderful Company boasts a wide-ranging product lineup spanning nuts, fruits, and beverages. Its nuts division, represented by Wonderful Pistachios and Almonds, holds a prominent position, particularly in pistachios and almonds.

Their “Get Crackin'” campaign is notable for endorsing wholesome nut snacks. The company’s unwavering commitment to sustainability and pioneering approaches have enabled it to sustain a robust foothold, influencing consumer choices and the nuts market landscape.

Geographical Presence

The Wonderful Company boasts a vast geographical presence, with a primary focus on the United States, particularly California, where the company originated. Its agricultural operations thrive in California’s Central Valley, cultivating a diverse range of crops, including almonds, pistachios, citrus fruits, and pomegranates.

Beyond the U.S., The Wonderful Company has a global footprint, with distribution networks and markets spanning multiple countries.

Recent Developments

  • In November 2023, Wonderful Pistachios introduced the “Remember, They’re Wonderful” ad campaign, emphasizing that the pistachios consumers recognize and enjoy are the ones clearly labeled as “Wonderful” on the packaging.
  • In June 2021, Wonderful Pistachios No Shells announced awards for their latest flavor, Sea Salt & Vinegar.

Blue-Diamond-Growers

Company Overview

Establishment Year1910
HeadquarterSacramento, California, U.S.
Key ManagementKai Bockmann (CEO)
Revenue (US$ Bn)$ 1.3 B (2023)
Headcount~ 1,800 (2023)
Websitehttp://www.bluediamond.com/

About Blue Diamond Growers

Blue Diamond Growers, based in Sacramento, California, is a prominent player in the nuts industry, known for its focus on almond products. Founded in 1910, it’s among the world’s largest almond processors and suppliers, offering high-quality almonds and almond-based products like snacks, milk, and butter.

They meet the increasing demand for nutritious nut options and are committed to sustainability, quality, and innovation, playing a key role in shaping consumer preferences for almond-based products in the global nuts market.

Geographical Presence

Blue Diamond Growers boasts a formidable geographical presence in the almond industry, primarily centered in the United States, particularly within California’s bountiful Central Valley.

Beyond American borders, the company extends its reach globally, exporting almond products to markets in Europe, Asia, and the Middle East. These regions exhibit a strong demand for almonds, driven by their exceptional nutritional value and culinary versatility.

Recent Developments

  • In July 2023, Blue Diamond Growers, in partnership with its 3,000 grower-owners, launched the USDA Climate-Smart Commodities Grant Program.
  • In June 2023, Blue Diamond and Brightseed joined forces to explore the hidden health benefits of nonpareil California almonds. This partnership will provide insights for Blue Diamond’s health-focused innovations and initiatives, including educating consumers about the health advantages associated with almond consumption.

Kraft-Heinz

Company Overview

Establishment Year1975
HeadquarterChicago, Illinois, and Pittsburgh, Pennsylvania, U.S.
Key ManagementMiguel Patricio (Chairman and CEO)
Revenue (US$ Bn)$ 26.5 Billion (2022)
Headcount~ 37,000 (2022)
Websitehttps://www.kraftheinzcompany.com/

About Kraft Heinz

The Kraft Heinz Company, a global food and beverage leader, is a key player in the nuts industry. They offer a variety of nut products, including almonds, cashews, and peanuts, along with nut-based snacks and spreads.

Their well-known brand, Planters, is synonymous with nuts and offers diverse nut snacks. The company emphasizes innovation and sustainability in its nut division, introducing new flavors and eco-friendly practices. As a major player, Kraft Heinz’s impact on the nuts market is substantial, influencing consumer choices and market trends.

Geographical Presence

Kraft Heinz boasts a broad geographical presence, with operations spanning across North America, South America, Europe, Asia, and Australia. Its headquarters are located in Chicago, Illinois, and Pittsburgh, Pennsylvania.

The company’s reach extends to numerous countries worldwide, with manufacturing facilities, distribution centers, and sales offices strategically positioned to serve both local and international markets.

Recent Development

  • In February 2024, Kraft Heinz and UK energy firm Carlton Power collaborated to establish a green hydrogen facility in Manchester.
  • In December 2021, Kraft Heinz purchased an 85% share of Germany’s Just Spices GmbH, while the company’s three founders will keep the remaining 15% ownership stake and remain actively involved in the business, with a focus on furthering its international expansion.

Archer-Daniels-Midland

Company Overview

Establishment Year1902
HeadquarterChicago, Illinois, U.S.
Key ManagementJuan Luciano (Chairman and CEO)
Revenue (US$ Bn)$101.6 Billion (2022)
Headcount~ 42,001 (2022)
Websitehttp://adm.com/

About Archer Daniels Midland

ADM, a worldwide food processing leader, holds a robust position in the nuts sector. Their product range includes almonds, peanuts, and cashews, available across global regions.

ADM’s dedication to ethical sourcing and sustainability matches consumer preferences, making it influential in the nuts market, where it affects prices and product accessibility.

Geographical Presence

ADM’s main headquarters is in Decatur, Illinois, and it has a strong presence in North America, with processing plants, distribution centers, and offices. In Europe, ADM operates in countries such as the Netherlands, the UK, Germany, and France.

South America, especially Brazil and Argentina, is crucial for ADM’s processing and export of agricultural products. The Asia-Pacific region, including China, Japan, and Singapore, serves as key hubs for trading and processing, particularly in soybeans and palm oil. While less extensive, ADM also operates in select African countries like South Africa and Morocco, mainly focusing on grain sourcing and processing.

Recent Development

  • In December 2023, ADM finalized a deal to purchase PT Trouw Nutrition Indonesia, a subsidiary of Nutreco.
  • In October 2023, Solugen and ADM unveiled a strategic alliance to expand the production of innovative plant-based specialty chemicals and bio-based building block molecules.

Hormel-Foods

Company Overview

Establishment Year1891
HeadquarterAustin, Minnesota, U.S
Key ManagementJames Snee (Chairman, President and CEO)
Revenue (US$ Bn)$12.1 B (2023)
Headcount~ 20,000 (2023)
Websitehttp://hormelfoods.com/

About Hormel Foods

Hormel Foods Corporation, known primarily for its meat and protein products, also participates in the nuts industry. Under brands like SKIPPY, the company offers a range of nut-based products, including nut snacks and spreads.

While its main focus lies in meat, Hormel Foods plays a role in providing diverse nut-related options in the food market. With a global reach and a commitment to innovation, Hormel Foods contributes to the diversity of nut-based offerings in the food market.

Geographical Presence

Hormel Foods Corporation, a prominent player in the food industry, maintains a global presence with operations spanning North America and beyond.

Founded in the United States, the company has established a significant foothold in North America, boasting numerous production facilities and distribution centers in both the United States and Canada, serving both domestic and international markets.

Hormel Foods has expanded its global reach through strategic acquisitions and partnerships, extending its influence to countries such as Mexico, China, Australia, and various European nations. This international expansion enables the company to tap into diverse markets and consumer preferences

Recent Developments

  • In December 2023, Hy-Vee, Inc. joined forces with Hormel Foods, local first responders, and food pantries to distribute 5,000 Hormel Cure 81 Hams.
  • In December 2023, Hormel Foods Corporation acquired a minority stake in Garudafood, one of the largest food and beverage companies in Indonesia.

Cargill

Company Overview

Establishment Year1865
HeadquarterMinnetonka, Minnesota, U.S.
Key ManagementBrian Sikes (Chairman and CEO)
Revenue (US$ Bn)$ 165 Billion (2022)
Headcount~ 155,000 (2023)
Websitehttp://www.cargill.com/

About Cargill Incorporated

Cargill Incorporated, a globally recognized company, actively participates in the nuts industry alongside its extensive agribusiness operations. They offer various nut-related products, including almonds, peanuts, and hazelnuts, catering to both consumers and industries.

Their product range encompasses nut butter, snack mixes, and ingredients used in food manufacturing. With a widespread global presence, Cargill efficiently sources, processes, and distributes nuts and nut-based products worldwide, meeting diverse market needs. Cargill’s dedication to sustainability and ethical sourcing aligns with the growing demand for responsibly sourced nuts.

Geographical Presence

Cargill Incorporated, a global leader in agriculture and food, headquartered in Wayzata, Minnesota, has a strong global presence. It operates extensively in North America, Latin America (Brazil, Argentina, Chile), Europe (UK, Germany, France, Netherlands), Asia-Pacific (China, India, Australia), Africa (Ivory Coast, Ghana), and the Middle East.

Cargill engages in various sectors, including grain processing, cocoa, oilseeds, and animal feed. Its worldwide reach underscores its role in the global food and agriculture supply chain, emphasizing its commitment to sustainability.

Recent Developments

  • In January 2024, Cargill introduced REVEAL Layers, a pioneering non-invasive NIR technology for poultry body condition monitoring. This patent-pending innovation enables producers to enhance laying persistency and egg production.
  • In September 2023, Cargill inaugurated a European Protein Innovation Hub in France as part of their €50 million investment, aimed at assisting customers in realizing their innovative ideas.

Olam-International

Company Overview

Establishment Year1989
HeadquarterSingapore, Singapore
Key ManagementSunny George Verghese (CEO)
Revenue (US$ Bn)$ 35.0 Billion (2021)
Headcount~ 81,650 (2021)
Websitehttps://olamgroup.com/

About Olam International

Olam International, a global agribusiness and food company, plays a substantial role in the nuts industry worldwide. They are involved in various facets of the nuts supply chain, including sourcing, processing, and distribution. Olam offers a wide range of nut products, from almonds, and cashews, to pistachios, including nut snacks, butters, and ingredients for food manufacturing.

Their commitment to sustainability and responsible sourcing aligns with the growing consumer demand for ethically and sustainably sourced nuts. As a major player in the global agribusiness and food sector, Olam significantly influences factors like pricing, product availability, and industry trends due to its extensive network and diverse portfolio.

Geographical Presence

Olam International has a global presence in Africa (Nigeria, Ghana, and Côte d’Ivoire), Asia (India, Vietnam, Indonesia, Malaysia), South America (Brazil, Argentina), North America, Europe (Netherlands, Spain, Germany), and Oceania (Australia, New Zealand).

They are involved in various sectors, including cocoa, cashews, rice, cotton, coffee, spices, soybeans, nuts, dairy, and cotton. They also serve the Middle East by importing and distributing food products to meet regional needs.

Recent Developments

  • In November 2023, Olam Agri and Nutrifoods, a leading food manufacturer in Ghana, provided relief supplies to the Akosombo Dam spillage flood victims.
  • In August 2023, Olam Group reported that its wholly owned subsidiary, Olam Food Ingredients, has obtained a multi-tranche sustainability-linked financing arrangement.

Royal-Nut

Company Overview

Establishment Year1987
HeadquarterVictoria, Australia
Key ManagementSanjay Mirchandani (CEO)
Revenue (US$ Bn)$ 9.3  Million (2023)
Headcount~ 42 (2023)
Websitehttps://www.royalnutcompany.com.au/

About Royal Nut Company

Based in Australia, the Royal Nut Company is a respected player in nut processing and distribution. They specialize in a diverse range of nuts, including almonds, cashews, peanuts, and macadamias, offering a variety of products to suit both consumer and business preferences.

Quality is their top priority, with rigorous checks throughout processing and packaging to ensure freshness and taste meet high standards. In addition to their standard products, they offer tailored solutions like bulk packaging and private labeling to meet individual client needs.

Their dedication to sustainability and ethical sourcing practices reinforces their reputation as a trustworthy and eco-conscious nut supplier in the Australian market.

Geographical Presence

The Royal Nut Company operates primarily in Australia.  In addition to its presence in Australia, the company has expanded its reach into select international markets.

They have established distribution channels in key European countries, including the United Kingdom, Germany, and France, to cater to the growing demand for their premium nut products. Furthermore, the Royal Nut Company has initiated market entry into Asia-Pacific regions, particularly in countries such as Japan and South Korea.

Barry-Callebaut

Company Overview

Establishment Year1996
HeadquarterZürich, Switzerland
Key ManagementPeter Feld (CEO)
Revenue (US$ Bn)$ 8.9 Billion (2023)
Headcount~ 13,754 (2023)
Websitehttp://www.barry-callebaut.com/

About Barry Callebaut

Barry Callebaut AG, a global leader in chocolate and cocoa manufacturing, plays a significant role in the nuts industry by extensively using nuts like almonds and hazelnuts in its chocolate and confectionery creations.

While renowned for its chocolate expertise, the company also supplies nut-based ingredients, such as pastes and coatings, to the broader food industry, allowing manufacturers to incorporate nuts into their products.

Barry Callebaut prioritizes innovation to adapt to changing consumer preferences and remains committed to sustainable sourcing practices for nuts. With a global reach, the company influences the quality and availability of nut-infused chocolate and confectionery products worldwide.

Geographical Presence

Barry Callebaut AG has a global presence across Europe, North America, Asia-Pacific, Latin America, Africa, and the Middle East. In Europe, it operates in key nations such as Belgium, Switzerland, France, and the Netherlands.

The company strategically expanded in North America, primarily in the United States and Canada. To address the growing demand for premium chocolate products, Barry Callebaut has manufacturing facilities in Malaysia and China in the dynamic Asia-Pacific region.

It also invests in cocoa supply chains in Côte d’Ivoire and Ghana, acknowledging Africa’s importance. Furthermore, it serves Latin American markets, including Brazil, Mexico, and the Middle East.

Recent Developments

  • In September 2023, Barry Callebaut unveiled BC Next Level, a strategic investment initiative aimed at unleashing the company’s full potential and facilitating a decade of sustainable growth. This program focuses on bringing Barry Callebaut closer to its markets and customers, promoting simplicity, and embracing digital transformation.
  • In June 2023, Unilever renewed its ongoing global strategic partnership with the Barry Callebaut Group for the supply of cocoa and chocolate.

Ludlow-Nut

Company Overview

Establishment Year2011
HeadquarterLudlow, England
Key ManagementRobert Graham (Director)
Revenue (US$ Bn)$ 6.4 Million (2023)
Headcount~ 47 (2023)
Websitehttps://www.ludlownut.co.uk/

About Ludlow Nut

Ludlow Nut Co Ltd., a UK-based company, specializes in the nuts and dried fruits industry, offering a diverse range of high-quality nuts like almonds, cashews, peanuts, and walnuts, alongside dried fruits. Their products cater to various preferences, including roasted, salted, and natural variations.

Quality is a top priority for Ludlow Nut Co., with strict quality control throughout processing and packaging. They also provide customized solutions like bulk packaging and private labeling.

Committed to sustainability and ethical sourcing, they align with the growing demand for responsible nuts and dried fruits. With a strong presence in the UK market, Ludlow Nut Co is a trusted contributor to the industry.

Geographical Presence

Ludlow Nut Co Ltd. boasts a strategic geographical presence that spans the United Kingdom, the European Union, and international markets.

Headquartered in the UK, the company leverages its European Union presence for efficient distribution, while also exploring opportunities in diverse global markets. Their strong online presence further extends their reach to customers worldwide.

Recent Developments

  • In September 2023, the Ludlow Nut Company transitioned from using plastic pouches to utilizing cardboard packaging.
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Samruddhi Yardi

Samruddhi Yardi

Samruddhi Yardi has done her MBA in Marketing, and after working in sales for 2.5 years, she has shifted to the market research industry. As Samruddhi is a pharma graduate, she is working in the Healthcare domain as a Research associate. She also contributes to chemical, consumer goods, agriculture, and food & beverages.