The US cashew nuts market is estimated to grow at a CAGR of 4.6% during the forecast period. Significant demand for healthier snacks and increasing launches of gourmet nuts is one of the major factors driving the market growth. Potential consumption of newly flavored cashew nuts along with health benefits is leading to an increasing launch of new gourmet nuts in the country. For instance, in July 2019, Pear’s Gourmet revealed new snack nut flavors which are developed particularly for consumers requiring exciting, unique flavours. These nut flavours are free from artificial preservatives, colors, and flavors. This newly released trio of premium snack nuts sell are available in 7 oz stand-up resealable foil pouches. This includes sugar cookie confetti cashews, cocoa dusted truffle peanuts, and salted caramel churro flavoured almonds. Suggested retail for the almonds and cashews SRP is $5.99, and peanuts are $2.99.
The market is segmented based on form and distribution channel. Based on the form, the market is classified into raw and roasted. Roasted cashew nuts are being significantly consumed in the country as these are available in a range of innovative flavors. FERIDIES, a US-based roasted nuts provider delivers irresistible classic nuts that are rich in flavor and freshly roasted, which include Whole Jumbo Lightly Salted Cashews, Salted Mixed Nuts, Salted Pistachios, and Salted Almonds. These are gourmet cashews that are lightly roasted in peanut oil and later sprinkled with a dash of salt. Based on the distribution channel, the market is classified into online and offline.
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US Cashew Nuts Market Segmentation
By Form
- Raw
- Roasted
By Distribution Channel
- Offline
- Online
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Company Profiles
- Aliments Krispy Kernels Inc.
- AVC Nuts
- Blue Diamond Growers
- Heartland Chia
- Napa Nuts
- Nutiva, Inc.
- PepsiCo, Inc.
- Star Snacks, Co. LLC
- The Kraft Heinz Co.
- Tropical Foods
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