NAICS Code 424450-09 - Popcorn & Popcorn Supplies (Wholesale)
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NAICS Code 424450-09 Description (8-Digit)
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Tools
Tools commonly used in the Popcorn & Popcorn Supplies (Wholesale) industry for day-to-day tasks and operations.
- Popcorn poppers
- Popcorn scoops
- Popcorn bags
- Popcorn boxes
- Popcorn seasoning shakers
- Popcorn oil dispensers
- Popcorn warmers
- Popcorn tins
- Popcorn carts
- Popcorn machines
Industry Examples of Popcorn & Popcorn Supplies (Wholesale)
Common products and services typical of NAICS Code 424450-09, illustrating the main business activities and contributions to the market.
- Unpopped popcorn kernels
- Pre-popped popcorn
- Popcorn seasonings
- Popcorn oils
- Popcorn bags
- Popcorn boxes
- Popcorn tins
- Popcorn warmers
- Popcorn scoops
- Popcorn machines
Certifications, Compliance and Licenses for NAICS Code 424450-09 - Popcorn & Popcorn Supplies (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Food Safety Modernization Act (FSMA): The FSMA is a set of regulations that aim to ensure the safety of the US food supply by shifting the focus from responding to contamination to preventing it. It is enforced by the FDA.
- Good Manufacturing Practices (GMP): GMPs are a set of guidelines that ensure that food products are consistently produced and controlled according to quality standards. They are enforced by the FDA.
- Hazard Analysis and Critical Control Points (HACCP): HACCP is a food safety management system that identifies and prevents hazards in the food production process. It is enforced by the FDA.
- Organic Certification: Organic certification ensures that food products are produced using sustainable farming practices and without the use of synthetic pesticides or fertilizers. It is enforced by the USDA.
- Non-GMO Project Verification: Non-GMO Project Verification ensures that food products do not contain genetically modified organisms (GMOs). It is enforced by the Non-GMO Project.
History
A concise historical narrative of NAICS Code 424450-09 covering global milestones and recent developments within the United States.
- The history of the Popcorn & Popcorn Supplies (Wholesale) industry dates back to the 19th century when popcorn became a popular snack food in the United States. In the early 1880s, Charles Cretors invented the first popcorn machine, which revolutionized the way popcorn was made and sold. By the 1920s, popcorn had become a staple snack food in movie theaters, and the demand for popcorn and popcorn supplies grew rapidly. In the 1950s, microwave popcorn was introduced, which further increased the popularity of popcorn. In recent years, the industry has seen a surge in demand for gourmet popcorn, with flavors ranging from sweet to savory, and the use of high-quality ingredients. In the United States, the Popcorn & Popcorn Supplies (Wholesale) industry has experienced steady growth in recent years. According to Statista, the revenue of the popcorn market in the United States was approximately 2.3 billion U.S. dollars in 2020. The growth of the industry can be attributed to the increasing demand for ready-to-eat snacks, the popularity of gourmet popcorn, and the rise of online sales channels. In addition, the COVID-19 pandemic has led to an increase in at-home snacking, which has further boosted the demand for popcorn and popcorn supplies.
Future Outlook for Popcorn & Popcorn Supplies (Wholesale)
The anticipated future trajectory of the NAICS 424450-09 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 Popcorn & Popcorn Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for ready-to-eat popcorn and popcorn products. The rise in health consciousness among consumers has led to the demand for healthier popcorn options, which has resulted in the development of new products such as organic and non-GMO popcorn. The industry is also expected to benefit from the growth of the movie theater industry, which is a major consumer of popcorn products. Additionally, the increasing popularity of at-home movie nights and snacking is expected to drive the demand for popcorn products. Overall, the industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 424450-09
Recent groundbreaking advancements and milestones in the Popcorn & Popcorn Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Popcorn Seasoning: Popcorn seasoning has become a popular trend in the industry, with companies offering a wide range of flavors such as garlic parmesan, ranch, and buffalo. This innovation has helped to increase the demand for popcorn products.
- Gourmet Popcorn: Gourmet popcorn has become a popular snack option, with companies offering unique flavors such as truffle, sea salt caramel, and white cheddar. This innovation has helped to attract new consumers to the industry.
- Microwave Popcorn: Microwave popcorn has been a popular product in the industry for many years, but recent innovations have led to the development of healthier options such as organic and non-GMO popcorn.
- Popcorn Snacks: Popcorn snacks such as popcorn bars and popcorn clusters have become a popular trend in the industry, offering consumers a convenient and healthy snack option.
- Popcorn Packaging: Innovative packaging such as resealable bags and single-serve packages have helped to increase the convenience and portability of popcorn products.
NAICS Code 424450-09 - Popcorn & Popcorn Supplies (Wholesale)
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