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NAICS Code 111998-01 Description (8-Digit)

Agricultural Products is a subdivision of the NAICS Code 111998 that encompasses the production of various crops and other agricultural products. This industry involves the cultivation, harvesting, and processing of crops and other agricultural products for commercial purposes. Agricultural Products can include a wide range of products such as fruits, vegetables, nuts, grains, and other crops.

Hierarchy Navigation for NAICS Code 111998-01

Tools

Tools commonly used in the Agricultural Products industry for day-to-day tasks and operations.

  • Tractors
  • Plows
  • Irrigation systems
  • Harvesters
  • Cultivators
  • Sprayers
  • Seed drills
  • Fertilizer spreaders
  • Grain carts
  • Bale wagons

Industry Examples of Agricultural Products

Common products and services typical of NAICS Code 111998-01, illustrating the main business activities and contributions to the market.

  • Fruit orchards
  • Vegetable farms
  • Nut farms
  • Grain farms
  • Cotton farms
  • Tobacco farms
  • Sugar cane farms
  • Hay farms
  • Floriculture production
  • Nursery and tree production

Certifications, Compliance and Licenses for NAICS Code 111998-01 - Agricultural Products

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • USDA Organic Certification: This certification is required for agricultural products that are labeled as organic. It ensures that the product has been produced and processed according to USDA organic regulations. The certification is provided by the USDA National Organic Program.
  • Good Agricultural Practices (GAP) Certification: This certification ensures that the agricultural products have been produced, packed, handled, and stored in a safe and sustainable manner. It is provided by the USDA Agricultural Marketing Service.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: This certification ensures that the agricultural products have been produced, processed, and handled in a safe and hygienic manner. It is provided by the International HACCP Alliance.
  • Globalg.a.p. Certification: This certification ensures that the agricultural products have been produced in a safe and sustainable manner. It is an internationally recognized standard and is provided by the GlobalG.A.P. organization.
  • Fair Trade Certification: This certification ensures that the agricultural products have been produced in a socially and environmentally responsible manner, and that the farmers have been paid a fair price for their products. It is provided by Fairtrade International.

History

A concise historical narrative of NAICS Code 111998-01 covering global milestones and recent developments within the United States.

  • The Agricultural Products industry has been around for centuries, with the earliest known farming practices dating back to around 10,000 BC. Throughout history, the industry has undergone significant changes, with notable advancements such as the development of irrigation systems, the use of fertilizers and pesticides, and the introduction of new crop varieties. In recent history, the industry has seen a shift towards sustainable and organic farming practices, as well as the use of technology to improve efficiency and productivity. In the United States, the industry has also faced challenges such as climate change, labor shortages, and changing consumer preferences.

Future Outlook for Agricultural Products

The anticipated future trajectory of the NAICS 111998-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Agricultural Products industry in the USA is positive. The industry is expected to grow due to the increasing demand for organic and non-GMO products. The industry is also expected to benefit from the growing trend of healthy eating and the increasing awareness of the benefits of consuming fresh and locally grown produce. The industry is also expected to benefit from the increasing demand for plant-based products and the growing trend of veganism. However, the industry may face challenges due to the increasing competition from imports and the rising costs of labor and production. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 111998-01

Recent groundbreaking advancements and milestones in the Agricultural Products industry, reflecting notable innovations that have reshaped its landscape.

  • Vertical Farming: Vertical farming is a recent innovation in the Agricultural Products industry that involves growing crops in vertically stacked layers. This method of farming allows for higher crop yields and reduces the need for land, water, and pesticides.
  • Precision Agriculture: Precision agriculture is a technology-driven innovation that involves using sensors, drones, and other technologies to monitor and optimize crop growth. This innovation has led to higher crop yields and reduced costs for farmers.
  • Hydroponics: Hydroponics is a method of growing plants without soil, using nutrient-rich water instead. This innovation has led to higher crop yields and reduced water usage.
  • Non-GMO Products: The demand for non-GMO products has been increasing in recent years, and many Agricultural Products companies have started offering non-GMO products to meet this demand.
  • Locally Grown Produce: The trend of buying locally grown produce has been growing in recent years, and many Agricultural Products companies have started offering locally grown produce to meet this demand.

NAICS Code 111998-01 - Agricultural Products

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