Tools commonly used in the Oil Seeds (Manufacturing) industry for day-to-day tasks and operations.

• Oilseed crushers
• Oilseed presses
• Solvent extraction equipment
• Refining equipment
• Bleaching equipment
• Deodorizing equipment
• Oilseed roasters
• Oilseed dryers
• Oilseed storage tanks
• Oilseed transport equipment

Common products and services typical of NAICS Code 311224-02, illustrating the main business activities and contributions to the market.

• Sunflower seed oil
• Cottonseed oil
• Rapeseed oil
• Sesame oil
• Linseed oil
• Mustard oil
• Safflower oil
• Peanut oil
• Corn oil
• Coconut oil

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

• Non-GMO Project Verified: This certification ensures that the oil seeds used in the manufacturing process are not genetically modified. The Non-GMO Project provides this certification.
• USDA Organic: This certification ensures that the oil seeds used in the manufacturing process are grown without the use of synthetic pesticides, fertilizers, or genetically modified organisms. The United States Department of Agriculture provides this certification.
• Safe Quality Food (SQF) Certification: This certification ensures that the manufacturing process meets food safety and quality standards. The SQF Institute provides this certification.
• Hazard Analysis and Critical Control Points (HACCP) Certification: This certification ensures that the manufacturing process has identified and controls potential hazards. The International HACCP Alliance provides this certification.
• Good Manufacturing Practices (GMP) Certification: This certification ensures that the manufacturing process follows established procedures to ensure product quality and safety. The Natural Products Association provides this certification.

A concise historical narrative of NAICS Code 311224-02 covering global milestones and recent developments within the United States.

• The oil seeds manufacturing industry has a long history dating back to ancient times. The ancient Egyptians used sesame oil for cooking, while the Greeks and Romans used olive oil. In the 19th century, the industry saw significant advancements with the invention of the hydraulic press, which allowed for more efficient oil extraction. In the United States, the industry saw a boom in the mid-20th century with the development of soybean oil as a major ingredient in processed foods. In recent years, the industry has faced challenges due to concerns over the health effects of certain oils and increased competition from alternative plant-based oils.

The anticipated future trajectory of the NAICS 311224-02 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 Oil Seeds (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for vegetable oils and protein meals. The growing health consciousness among consumers is driving the demand for vegetable oils, which is expected to increase the demand for oilseed processing. Additionally, the increasing demand for animal feed is expected to drive the demand for protein meals. The industry is also expected to benefit from the growing demand for biofuels, which is driving the demand for vegetable oils. However, the industry may face challenges due to the volatility of commodity prices and the increasing competition from imports. Overall, the industry is expected to grow at a steady pace in the coming years.

Recent groundbreaking advancements and milestones in the Oil Seeds (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Development Of New Varieties Of Oilseeds: The industry has been developing new varieties of oilseeds that are more resistant to pests and diseases, have higher yields, and are more nutritious. This is expected to increase the efficiency of oilseed processing and improve the quality of the end products.
• Adoption Of Precision Agriculture: The industry has been adopting precision agriculture techniques such as GPS-guided tractors, drones, and sensors to optimize crop yields, reduce costs, and minimize environmental impact. This is expected to increase the efficiency of oilseed processing and improve the sustainability of the industry.
• Use Of Artificial Intelligence and Machine Learning: The industry has been using artificial intelligence and machine learning to optimize the processing of oilseeds, improve the quality of the end products, and reduce waste. This is expected to increase the efficiency of oilseed processing and reduce costs.
• Development Of New Processing Technologies: The industry has been developing new processing technologies such as cold-pressing, enzymatic processing, and solvent-free extraction to improve the quality of the end products and reduce the environmental impact of oilseed processing. This is expected to increase the efficiency of oilseed processing and improve the sustainability of the industry.
• Expansion Of Export Markets: The industry has been expanding its export markets to countries such as China, India, and Mexico, which are experiencing growing demand for vegetable oils and protein meals. This is expected to increase the revenue of the industry and provide new growth opportunities.