NAICS Code 311340-02 - Licorice (Manufacturing)
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NAICS Code 311340-02 Description (8-Digit)
Hierarchy Navigation for NAICS Code 311340-02
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Tools
Tools commonly used in the Licorice (Manufacturing) industry for day-to-day tasks and operations.
- Licorice extruder
- Mixing tanks
- Cookers
- Cooling tunnels
- Cutting machines
- Coating machines
- Packaging machines
- Conveyors
- Scales
- Thermometers
Industry Examples of Licorice (Manufacturing)
Common products and services typical of NAICS Code 311340-02, illustrating the main business activities and contributions to the market.
- Licorice twists
- Licorice bites
- Licorice ropes
- Licorice laces
- Licorice wheels
- Licorice pipes
- Licorice drops
- Licorice pastilles
- Licorice gums
- Licorice caramels
Certifications, Compliance and Licenses for NAICS Code 311340-02 - Licorice (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Food Safety Modernization Act (FSMA): This act regulates the safety of food products and requires manufacturers to implement preventive controls to ensure the safety of their products. The FDA provides certification for compliance with FSMA regulations.
- Hazard Analysis and Critical Control Points (HACCP): This certification ensures that manufacturers have implemented a food safety management system that identifies and controls potential hazards in the production process. The International HACCP Alliance provides certification for compliance with HACCP regulations.
- Good Manufacturing Practices (GMP): This certification ensures that manufacturers have established and implemented procedures to ensure the quality and safety of their products. The NSF International provides certification for compliance with GMP regulations.
- Safe Quality Food (SQF): This certification ensures that manufacturers have implemented a food safety management system that meets international standards. The Safe Quality Food Institute provides certification for compliance with SQF regulations.
- Organic Certification: This certification ensures that manufacturers have met the standards for organic production and labeling. The USDA provides certification for compliance with organic regulations.
History
A concise historical narrative of NAICS Code 311340-02 covering global milestones and recent developments within the United States.
- The history of licorice manufacturing dates back to ancient times, where it was used for medicinal purposes in Egypt, Greece, and China. In the 16th century, licorice root was introduced to Europe, where it was used to flavor tobacco and candy. In the 19th century, licorice extract was used as a sweetener in the United States, and by the early 20th century, licorice candy had become a popular treat. In recent years, the licorice industry has faced challenges due to the increasing popularity of health-conscious diets and the rise of sugar-free candy options. However, licorice manufacturers have adapted by introducing new flavors and packaging options to appeal to a wider audience.
Future Outlook for Licorice (Manufacturing)
The anticipated future trajectory of the NAICS 311340-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The licorice manufacturing industry in the USA is expected to experience moderate growth in the coming years. The increasing demand for natural and organic products is driving the growth of the industry. The industry is also expected to benefit from the growing popularity of licorice as a natural sweetener and its use in traditional medicine. However, the industry may face challenges due to the increasing competition from other natural sweeteners and the rising health concerns associated with the consumption of licorice. Overall, the industry is expected to grow at a steady pace in the coming years.
Industry Innovations for NAICS Code 311340-02
Recent groundbreaking advancements and milestones in the Licorice (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Introduction Of New Flavors: Licorice manufacturers are introducing new flavors to cater to the changing tastes of consumers. Some of the new flavors introduced in recent years include strawberry, raspberry, and blueberry.
- Use Of Natural Ingredients: Many licorice manufacturers are using natural ingredients to cater to the growing demand for natural and organic products. Some of the natural ingredients used include honey, molasses, and fruit extracts.
- Sugar-Free Licorice: With the increasing health concerns associated with the consumption of sugar, many licorice manufacturers are introducing sugar-free licorice to cater to health-conscious consumers.
- Licorice-Based Supplements: Licorice is known for its medicinal properties and many manufacturers are introducing licorice-based supplements to cater to the growing demand for natural remedies.
- Licorice-Based Skincare Products: Licorice is known for its anti-inflammatory and skin-soothing properties, and many manufacturers are introducing licorice-based skincare products to cater to the growing demand for natural and organic skincare products.
NAICS Code 311340-02 - Licorice (Manufacturing)
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