Market figures indicate that people are nuts about nuts. The nut market in the U.S. is valued at more than $64 billion in 2024, a figure that is projected to rise to $104 billion in the next 10 years, according to market intelligence and research firm Future Market Insights.
One of the companies reportedly leading the charge in supplying those savory snacks is John B. Sanfilippo & Son (JBSS), one of the industry’s largest processors and distributors of tree nuts and peanuts in the U.S. The company’s humble roots trace back to 1922, when Gaspare Sanfilippo and his son John founded a pecan shelling company in Chicago. Through the decades, the company continued to grow.
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