NAICS Code 311225-16 - Olive Oil Wholesale (Manufacturing)
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NAICS Code 311225-16 Description (8-Digit)
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Tools
Tools commonly used in the Olive Oil Wholesale (Manufacturing) industry for day-to-day tasks and operations.
- Olive oil press
- Olive oil decanter
- Olive oil centrifuge
- Olive oil storage tanks
- Olive oil bottling machine
- Olive oil filtration system
- Olive oil quality testing equipment
- Conveyor belts
- Forklifts
- Pumps
Industry Examples of Olive Oil Wholesale (Manufacturing)
Common products and services typical of NAICS Code 311225-16, illustrating the main business activities and contributions to the market.
- Extra virgin olive oil
- Virgin olive oil
- Pure olive oil
- Pomace olive oil
- Organic olive oil
- Cold-pressed olive oil
- Flavored olive oil
- Infused olive oil
- Blended olive oil
- High polyphenol olive oil
Certifications, Compliance and Licenses for NAICS Code 311225-16 - Olive Oil Wholesale (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- USDA Organic Certification: This certification is required for olive oil wholesale manufacturing companies that want to label their products as organic. The certification is provided by the United States Department of Agriculture (USDA) and ensures that the product meets the USDA's organic standards.
- Non-GMO Project Verification: This certification is provided by the Non-GMO Project and ensures that the product does not contain genetically modified organisms (GMOs). This certification is becoming increasingly important to consumers who are concerned about the health and environmental impacts of GMOs.
- Hazard Analysis and Critical Control Points (HACCP) Certification: This certification is required for companies that want to ensure the safety of their food products. HACCP is a food safety management system that identifies and controls potential hazards in the production process. The certification is provided by various organizations, including the International HACCP Alliance.
- Good Manufacturing Practices (GMP) Certification: This certification is required for companies that want to ensure the quality and consistency of their products. GMP is a set of guidelines that outline the minimum requirements for the production, testing, and quality control of products. The certification is provided by various organizations, including NSF International.
- Safe Quality Food (SQF) Certification: This certification is required for companies that want to demonstrate their commitment to food safety and quality. SQF is a food safety management system that is recognized by the Global Food Safety Initiative (GFSI). The certification is provided by the Safe Quality Food Institute.
History
A concise historical narrative of NAICS Code 311225-16 covering global milestones and recent developments within the United States.
- The history of the Olive Oil Wholesale (Manufacturing) industry dates back to ancient times, where olive oil was used for various purposes, including cooking, lighting, and medicinal purposes. The Greeks and Romans were among the first to use olive oil extensively, and it became a significant part of their economy. In the 16th century, the Spanish introduced olive oil to the Americas, and it quickly became popular in the United States. In recent years, the industry has seen significant growth due to the increasing demand for healthy and organic food products. The United States is one of the largest importers of olive oil, with most of the imports coming from Spain, Italy, and Greece.
Future Outlook for Olive Oil Wholesale (Manufacturing)
The anticipated future trajectory of the NAICS 311225-16 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Olive Oil Wholesale (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for olive oil in the country. The health benefits of olive oil have made it a popular choice among consumers, and this trend is expected to continue. Additionally, the industry is likely to benefit from the growing popularity of Mediterranean cuisine in the USA. The industry is also expected to benefit from the increasing popularity of organic and non-GMO products. However, the industry may face challenges due to the increasing competition from other edible oil products. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 311225-16
Recent groundbreaking advancements and milestones in the Olive Oil Wholesale (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Introduction Of New Packaging Materials: The industry has introduced new packaging materials that help to preserve the quality of olive oil for a longer period. These materials are eco-friendly and help to reduce the carbon footprint of the industry.
- Expansion Of Product Lines: The industry has expanded its product lines to include a variety of olive oil products such as organic, extra virgin, and flavored olive oils. This has helped to cater to the diverse needs of consumers.
- Adoption Of New Technologies: The industry has adopted new technologies such as automation and artificial intelligence to improve the efficiency of the manufacturing process. This has helped to reduce the production costs and improve the quality of the products.
- Collaboration with Farmers: The industry has collaborated with farmers to ensure a steady supply of high-quality olives. This has helped to improve the quality of the products and reduce the production costs.
- Introduction Of New Distribution Channels: The industry has introduced new distribution channels such as online stores and supermarkets to reach a wider audience. This has helped to increase the sales of olive oil products and improve the profitability of the industry.
NAICS Code 311225-16 - Olive Oil Wholesale (Manufacturing)
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