NAICS Code 424450-08 - Nuts-Edible (Wholesale) & Processing

Marketing Level - NAICS 8-Digit

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Total Companies

94

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NAICS Code 424450-08 Description (8-Digit)

The Nuts-Edible (Wholesale) & Processing industry involves the wholesale distribution and processing of various types of edible nuts. This includes activities such as sorting, grading, roasting, packaging, and distributing nuts to retailers, food manufacturers, and other wholesalers. The industry also includes the production of nut butters, such as peanut butter and almond butter, as well as the processing of nuts into snack mixes and trail mixes.

Hierarchy Navigation for NAICS Code 424450-08

Tools

Tools commonly used in the Nuts-Edible (Wholesale) & Processing industry for day-to-day tasks and operations.

  • Nut sorting machines
  • Nut grading machines
  • Nut roasting machines
  • Nut packaging machines
  • Nut butter making machines
  • Conveyor belts
  • Scales
  • Nut cracking machines
  • Nut shelling machines
  • Vacuum sealers

Industry Examples of Nuts-Edible (Wholesale) & Processing

Common products and services typical of NAICS Code 424450-08, illustrating the main business activities and contributions to the market.

  • Almonds
  • Cashews
  • Peanuts
  • Pecans
  • Walnuts
  • Hazelnuts
  • Macadamia nuts
  • Brazil nuts
  • Pine nuts
  • Mixed nuts

Certifications, Compliance and Licenses for NAICS Code 424450-08 - Nuts-Edible (Wholesale) & Processing

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

  • Hazard Analysis and Critical Control Points (HACCP): HACCP is a food safety management system that is required for all food processing facilities in the US. It identifies potential hazards in the food production process and outlines steps to prevent them. The certification is provided by the International HACCP Alliance.
  • Good Manufacturing Practices (GMP): GMP is a set of guidelines for ensuring that products are consistently produced and controlled according to quality standards. It is required for all food processing facilities in the US. The certification is provided by the NSF International.
  • Safe Quality Food (SQF): SQF is a food safety management system that is recognized by the Global Food Safety Initiative (GFSI). It is a comprehensive program that covers all aspects of food safety and quality. The certification is provided by the Safe Quality Food Institute.
  • Organic Certification: Organic certification is required for products that are labeled as organic. It ensures that the product has been produced using organic farming practices and meets certain standards. The certification is provided by the USDA National Organic Program.
  • Kosher Certification: Kosher certification is required for products that are labeled as kosher. It ensures that the product meets certain dietary laws and has been prepared according to Jewish tradition. The certification is provided by various organizations, including the Orthodox Union.

History

A concise historical narrative of NAICS Code 424450-08 covering global milestones and recent developments within the United States.

  • The "Nuts-Edible (Wholesale) & Processing" industry has a long and rich history worldwide. The cultivation and consumption of nuts date back to ancient times, with evidence of nut consumption found in archaeological sites from the Stone Age. In the Middle Ages, nuts were a staple food for many people, and they were often used in medicinal remedies. The industrialization of nut processing began in the 19th century, with the development of new technologies for shelling, roasting, and packaging. In the United States, the industry experienced significant growth in the early 20th century, with the establishment of large-scale nut processing plants and the introduction of new varieties of nuts, such as the pecan and the macadamia. In recent years, the industry has seen a surge in demand for healthy snacks, driving the growth of nut-based products and leading to the development of new processing techniques and flavors. In the United States, the "Nuts-Edible (Wholesale) & Processing" industry has undergone significant changes in recent history. The industry has experienced steady growth over the past decade, driven by increasing demand for healthy snacks and the popularity of plant-based diets. The rise of e-commerce and online grocery shopping has also contributed to the growth of the industry, making it easier for consumers to access a wide variety of nut-based products. In addition, the industry has seen a trend towards innovation, with companies developing new flavors, packaging, and processing techniques to meet changing consumer preferences. Despite challenges such as climate change and supply chain disruptions, the industry is expected to continue to grow in the coming years, driven by increasing demand for healthy and sustainable food products.

Future Outlook for Nuts-Edible (Wholesale) & Processing

The anticipated future trajectory of the NAICS 424450-08 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 Nuts-Edible (Wholesale) & Processing industry in the USA is positive. The industry is expected to grow due to the increasing demand for healthy snacks and the growing popularity of plant-based diets. The industry is also expected to benefit from the increasing demand for nuts and nut-based products in the food and beverage industry. Additionally, the industry is expected to benefit from the increasing popularity of online shopping, which is expected to drive the growth of e-commerce in the industry. However, the industry may face challenges due to the increasing competition from other snack products and the rising prices of raw materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424450-08

Recent groundbreaking advancements and milestones in the Nuts-Edible (Wholesale) & Processing industry, reflecting notable innovations that have reshaped its landscape.

  • Plant-Based Nut Milk: The industry has seen a rise in the production and sale of plant-based nut milk, which is a healthier alternative to dairy milk. This innovation has been driven by the increasing demand for plant-based products and the growing popularity of veganism.
  • Flavored Nuts: The industry has seen a rise in the production and sale of flavored nuts, which are a popular snack item. This innovation has been driven by the increasing demand for healthy snacks and the growing popularity of plant-based diets.
  • Nut Butter Spreads: The industry has seen a rise in the production and sale of nut butter spreads, which are a healthier alternative to traditional spreads. This innovation has been driven by the increasing demand for healthy snacks and the growing popularity of plant-based diets.
  • Nut-Based Energy Bars: The industry has seen a rise in the production and sale of nut-based energy bars, which are a popular snack item. This innovation has been driven by the increasing demand for healthy snacks and the growing popularity of plant-based diets.
  • Online Sales: The industry has seen a rise in the use of online sales channels, which has made it easier for consumers to purchase nuts and nut-based products. This innovation has been driven by the increasing popularity of e-commerce and the growing demand for convenience.

NAICS Code 424450-08 - Nuts-Edible (Wholesale) & Processing

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