Market Share of Walnut-based Spreads Industry
The major players in the market are adopting business strategies, like product innovation, mergers, acquisitions, partnerships, and production and geographical expansions to strengthen the market position. Artisana organics, Crazy go nuts, The Nutty Gourmet Inc, Walnutter, and Nutcessity Ltd are among the major players. Furthermore, key brands are experimenting with diversified flavors to acquire an untapped consumer base. For instance, Wellnut Farms, a U.S.-based company offers walnut butter in two different flavors including maple and salted caramel, for which the company won Sofi Silver Award from the Specialty Food Association in 2019.
Walnut-based Spreads Market Leaders
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Artisana organics
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The Nutty Gourmet Inc
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Walnutter
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Nutcessity Ltd
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Crazy go nuts LLC.
*Disclaimer: Major Players sorted in no particular order
