NAICS Code 424210-21 - Vitamins & Food Supplements (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 424210-21 Description (8-Digit)

The Vitamins & Food Supplements (Wholesale) industry involves the distribution of vitamins, minerals, herbal supplements, and other dietary supplements to retailers, healthcare practitioners, and other businesses. These products are intended to supplement the diet and provide additional nutrients that may be lacking in a person's regular diet. The industry also includes the distribution of sports nutrition products, weight management supplements, and other health-related products.

Hierarchy Navigation for NAICS Code 424210-21

Tools

Tools commonly used in the Vitamins & Food Supplements (Wholesale) industry for day-to-day tasks and operations.

  • Inventory management software
  • Order management software
  • Customer relationship management (CRM) software
  • Barcode scanners
  • Pallet jacks
  • Forklifts
  • Shipping scales
  • Packaging equipment
  • Label printers
  • Quality control equipment

Industry Examples of Vitamins & Food Supplements (Wholesale)

Common products and services typical of NAICS Code 424210-21, illustrating the main business activities and contributions to the market.

  • Multivitamins
  • Fish oil supplements
  • Probiotics
  • Protein powders
  • Herbal supplements
  • Joint health supplements
  • Digestive health supplements
  • Energy supplements
  • Immune support supplements
  • Brain health supplements

Certifications, Compliance and Licenses for NAICS Code 424210-21 - Vitamins & Food Supplements (Wholesale)

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

  • NSF International Certification: NSF International is an independent organization that provides certifications for dietary supplements, including vitamins and food supplements. The NSF certification ensures that the product has been tested for quality, safety, and efficacy. The certification is recognized by the FDA and is required by some retailers.
  • Good Manufacturing Practices (GMP) Certification: GMP certification ensures that the product is manufactured in a consistent and controlled manner, meeting quality standards. The certification is required by the FDA for dietary supplement manufacturers.
  • United States Pharmacopeia (USP) Verification: USP verification ensures that the product meets certain quality standards, including purity, potency, and dissolution. The verification is voluntary but can be used to demonstrate quality to consumers and retailers.
  • Natural Products Association (NPA) Certification: NPA certification ensures that the product meets certain quality standards, including ingredient purity, potency, and composition. The certification is voluntary but can be used to demonstrate quality to consumers and retailers.
  • Organic Certification: Organic certification ensures that the product has been produced without the use of synthetic pesticides, fertilizers, or other harmful chemicals. The certification is regulated by the USDA and is required for products labeled as organic.

History

A concise historical narrative of NAICS Code 424210-21 covering global milestones and recent developments within the United States.

  • The "Vitamins & Food Supplements (Wholesale)" industry has a long history dating back to ancient times when people used herbs and other natural remedies to treat illnesses. In the 18th century, sailors were given citrus fruits to prevent scurvy, which led to the discovery of vitamin C. In the 20th century, vitamins and supplements became more widely available and popular, with the first multivitamin supplement being introduced in the 1940s. In the 1970s, the health food movement gained momentum, and the demand for natural and organic supplements increased. In recent years, the industry has seen significant growth due to the increasing interest in health and wellness, as well as the aging population's need for supplements to support their health. In the United States, the "Vitamins & Food Supplements (Wholesale)" industry has experienced steady growth over the past few decades. In the 1990s, the industry saw a surge in popularity due to the passage of the Dietary Supplement Health and Education Act of 1994, which allowed supplements to be marketed without FDA approval. In the early 2000s, the industry faced scrutiny due to concerns about the safety and efficacy of supplements, leading to increased regulation. However, the industry has continued to grow, with the demand for supplements increasing due to the aging population, the rise of chronic diseases, and the growing interest in natural and organic products. Overall, the industry has a bright future, with continued growth expected in the coming years.

Future Outlook for Vitamins & Food Supplements (Wholesale)

The anticipated future trajectory of the NAICS 424210-21 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Vitamins & Food Supplements (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for natural and organic products, the aging population, and the growing awareness of the importance of a healthy lifestyle. The COVID-19 pandemic has also increased the demand for vitamins and supplements, as people are looking for ways to boost their immune systems. The industry is also expected to benefit from the growing popularity of e-commerce, which makes it easier for consumers to purchase vitamins and supplements online. However, the industry may face challenges such as increased competition and regulatory issues. Overall, the industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 424210-21

Recent groundbreaking advancements and milestones in the Vitamins & Food Supplements (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Personalized Vitamins: Companies are now offering personalized vitamins based on an individual's DNA, lifestyle, and health goals. This allows consumers to get the exact nutrients they need, which can lead to better health outcomes.
  • Plant-Based Supplements: With the growing popularity of plant-based diets, companies are now offering plant-based supplements that are free from animal products. This appeals to consumers who are looking for more sustainable and ethical products.
  • CBD Supplements: CBD supplements are becoming increasingly popular due to their potential health benefits, such as reducing anxiety and inflammation. This has led to the creation of a new category of supplements that are focused on CBD.
  • Probiotics: Probiotics are becoming more popular as people become more aware of the importance of gut health. Companies are now offering a wide range of probiotic supplements that are designed to support digestive health.
  • Immune-Boosting Supplements: With the COVID-19 pandemic, there has been a surge in demand for immune-boosting supplements. Companies are now offering a wide range of supplements that are designed to support the immune system, such as vitamin C, vitamin D, and zinc.

NAICS Code 424210-21 - Vitamins & Food Supplements (Wholesale)

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