Abstract: A continuous process is described for forming simulated nut-like food products by providing a mixing vessel or a plurality of vessels which include mixing zone portions distributed along the flow path of the material being prepared with one or more fluid inlets between the portions of the mixer. An edible hydratable film former and a fat in liquid form are introduced and mixed continuously in one portion of the mixer. Water is introduced continuously through the inlet at a point intermediate the ends of the mixer and the mixture thus formed is continuously agitated to produce an aqueous dispersion in which the film forming substance is hydrated by the added water to form a stable dispersion which is then molded or otherwise formed and dried to a moisture content of 10% or less.