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NAICS Code 424450-10 Description (8-Digit)

The Potato Chips (Wholesale) industry involves the distribution of packaged potato chips to retailers, vending machine operators, and other businesses. Wholesale potato chip distributors purchase large quantities of potato chips from manufacturers and then sell them in smaller quantities to their customers. This industry is a subdivision of the Confectionery Merchant Wholesalers industry and is characterized by the sale of a variety of potato chip flavors and brands.

Hierarchy Navigation for NAICS Code 424450-10

Tools

Tools commonly used in the Potato Chips (Wholesale) industry for day-to-day tasks and operations.

  • Potato chip bag sealer
  • Conveyor belt
  • Pallet jack
  • Forklift
  • Hand truck
  • Barcode scanner
  • Inventory management software
  • Packaging machine
  • Weighing scale
  • Shrink wrap machine

Industry Examples of Potato Chips (Wholesale)

Common products and services typical of NAICS Code 424450-10, illustrating the main business activities and contributions to the market.

  • Barbecue potato chips
  • Sour cream and onion potato chips
  • Salt and vinegar potato chips
  • Plain potato chips
  • Cheese and onion potato chips
  • Jalapeno potato chips
  • Kettle cooked potato chips
  • Wavy potato chips
  • Ranch potato chips
  • Honey mustard potato chips

Certifications, Compliance and Licenses for NAICS Code 424450-10 - Potato Chips (Wholesale)

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 businesses 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 that ensure that food products are consistently produced and controlled according to quality standards. It is required by the FDA for all food businesses in the US. The certification is provided by various organizations such as 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 businesses that produce or handle organic food products. It ensures that the products are produced and handled according to strict organic standards. The certification is provided by various organizations such as the USDA.
  • Kosher Certification: Kosher certification is required for businesses that produce or handle kosher food products. It ensures that the products are produced and handled according to Jewish dietary laws. The certification is provided by various organizations such as the Orthodox Union.

History

A concise historical narrative of NAICS Code 424450-10 covering global milestones and recent developments within the United States.

  • The history of the potato chip industry dates back to the 19th century when a chef named George Crum created the first batch of potato chips in 1853. The chips were initially made as a response to a customer's complaint about the thickness of his French fries. The customer wanted thinner fries, and Crum sliced the potatoes as thin as possible, fried them, and seasoned them with salt. The chips became an instant hit, and Crum started selling them in his restaurant. The industry grew rapidly, and by the 1920s, potato chips had become a popular snack in the United States. In recent history, the potato chip industry has seen significant growth due to the introduction of new flavors, healthier options, and innovative packaging. For example, companies have started using biodegradable packaging to reduce their environmental impact.

Future Outlook for Potato Chips (Wholesale)

The anticipated future trajectory of the NAICS 424450-10 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 Potato Chips (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for snack foods and the rising popularity of potato chips. The industry is also expected to benefit from the growing trend of healthy snacking, as manufacturers are introducing healthier options such as baked and low-fat potato chips. The industry is also expected to benefit from the increasing popularity of online shopping, which is making it easier for wholesalers to reach a wider customer base. However, the industry may face challenges such as rising competition from other snack foods and increasing health concerns among consumers. Overall, the industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 424450-10

Recent groundbreaking advancements and milestones in the Potato Chips (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Introduction Of New Flavors: Manufacturers are introducing new and unique flavors of potato chips to attract customers. Some of the recent flavors include truffle, sriracha, and honey mustard.
  • Healthier Options: Manufacturers are introducing healthier options such as baked and low-fat potato chips to cater to the growing demand for healthy snacks.
  • Sustainable Packaging: Some manufacturers are using sustainable packaging materials such as compostable bags to reduce their environmental impact.
  • Online Sales: Wholesalers are increasingly using online platforms to sell their products, making it easier for customers to access a wider range of products.
  • Premiumization: Some manufacturers are introducing premium potato chips made from high-quality ingredients to cater to customers who are willing to pay a premium for quality products.

NAICS Code 424450-10 - Potato Chips (Wholesale)

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