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Inspite of its $1 billion in U.S. yearly revenues, Planters Nuts still knowledgeable a decline in its unit revenue and domestic penetration over the past a number of a long time. While using the shift of preference from peanuts, cashews, and mixed nuts, Planters' most important product categories, to almonds and pistachios, Planters must choose regarding how to redeem its revenue losses and no matter whether to shift from its classic product nut classes into newer types to maintain up Using the competition.
However, even though it would seem the peanut marketplace is shrinking, Table 1 reveals that peanuts even now hold the very best market place description share and penetration.
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