This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) salting, roasting, drying, cooking, or canning nuts; (2) processing grains or seeds into snacks; and (3) manufacturing peanut butter.
The Roasted Nuts and Peanut Butter Manufacturing sector, categorized under NAICS 311911, is experiencing a surge in demand for health-conscious and sustainably sourced products. Consumers are increasingly seeking snacks that align with their nutritional goals, pushing manufacturers to innovate with flavors, organic options, and protein-enriched variants. There is also a visible shift towards cleaner labels, with fewer additives and preservatives, to meet the rising demand for transparency in food production.
Sustainability is becoming a cornerstone, as consumers show preference for brands that prioritize environmental responsibility. This includes sourcing ingredients from fair-trade certified suppliers and adopting eco-friendly packaging solutions. Brands not only aim to reduce their carbon footprint but also communicate these efforts to build stronger consumer trust and loyalty.
Technological advancements in processing and production are speeding up operations while maintaining quality. Automation and AI are helping businesses to streamline production lines and enhance product consistency. New product development cycles are shortening, allowing for rapid response to market trends and consumer feedback.
Looking forward, the market is expected to continue its growth trajectory, driven by the sustained popularity of plant-based diets and the increasing incorporation of nut-based products into various culinary applications. The global reach of these products is also expanding, with emerging markets showing burgeoning interest in healthier snacking alternatives.
Canned nuts manufacturing
Nuts, kernels and seeds, roasting and processing
Nuts, salted, roasted, cooked, canned, manufacturing
Peanut butter blended with jelly manufacturing
Peanut butter manufacturing
Roasted nuts and seeds manufacturing
Seeds, snack (e.g., canned, cooked, roasted, salted) manufacturing
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.