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NAICS Code 424460-02 Description (8-Digit)

Seafood (Wholesale) is a subdivision of the Fish and Seafood Merchant Wholesalers industry that involves the wholesale distribution of various types of seafood products. This industry includes the purchase, storage, and distribution of seafood products such as fresh and frozen fish, shellfish, and other seafood items. Seafood (Wholesale) companies typically sell their products to grocery stores, restaurants, and other foodservice establishments.

Hierarchy Navigation for NAICS Code 424460-02

Tools

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

  • Refrigerated trucks
  • Seafood processing equipment
  • Fish scaling machines
  • Fish filleting knives
  • Seafood grading machines
  • Vacuum packaging machines
  • Seafood storage containers
  • Seafood display cases
  • Seafood weighing scales
  • Seafood labeling machines

Industry Examples of Seafood (Wholesale)

Common products and services typical of NAICS Code 424460-02, illustrating the main business activities and contributions to the market.

  • Fresh salmon
  • Frozen shrimp
  • Canned tuna
  • Smoked trout
  • Crab legs
  • Lobster tails
  • Clams and mussels
  • Octopus and squid
  • Caviar and roe
  • Scallops and oysters

Certifications, Compliance and Licenses for NAICS Code 424460-02 - Seafood (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 seafood wholesalers in the US. It identifies potential hazards in the production process and establishes critical control points to prevent them. The US Food and Drug Administration (FDA) provides guidance on HACCP implementation for seafood wholesalers.
  • Seafood Import Monitoring Program (SIMP): SIMP is a US regulatory program that requires importers to provide and report specific data on imported seafood products. It aims to prevent illegal, unreported, and unregulated fishing practices and to ensure the safety of imported seafood. The National Oceanic and Atmospheric Administration (NOAA) Fisheries provides guidance on SIMP compliance for seafood importers.
  • National Marine Fisheries Service (NMFS) Permit: NMFS is a US federal agency that manages and conserves marine resources. A NMFS permit is required for seafood wholesalers who engage in activities such as importing, exporting, or processing certain species of fish and seafood. The permit ensures compliance with US regulations and conservation measures.
  • Good Manufacturing Practices (GMP): GMP is a set of guidelines for ensuring the quality and safety of food products. It covers areas such as sanitation, hygiene, and quality control. Seafood wholesalers in the US are required to follow GMP regulations to ensure that their products are safe for consumption. The FDA provides guidance on GMP compliance for seafood wholesalers.
  • Marine Stewardship Council (MSC) Certification: MSC is an international non-profit organization that provides certification for sustainable seafood products. Seafood wholesalers who want to demonstrate their commitment to sustainable fishing practices can obtain MSC certification for their products. The certification ensures that the seafood is traceable, sustainable, and meets certain environmental standards.

History

A concise historical narrative of NAICS Code 424460-02 covering global milestones and recent developments within the United States.

  • The seafood industry has been around for centuries, with evidence of fishing and seafood consumption dating back to ancient times. In the 19th century, advancements in transportation and preservation techniques allowed for the expansion of the seafood industry, with the introduction of canned seafood and refrigerated shipping. In the United States, the seafood industry has faced challenges such as overfishing and environmental concerns, but has also seen growth in demand for sustainable and locally sourced seafood. In recent years, the industry has also seen advancements in technology, such as traceability systems and aquaculture practices, to improve efficiency and sustainability.

Future Outlook for Seafood (Wholesale)

The anticipated future trajectory of the NAICS 424460-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Seafood (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for seafood products in the country. The rise in health consciousness among consumers and the growing popularity of seafood as a healthy food option are some of the factors driving the growth of the industry. Additionally, the increasing popularity of seafood in the foodservice industry is also expected to contribute to the growth of the industry. The industry is also expected to benefit from the growing demand for sustainable seafood products. However, the industry may face challenges due to the impact of climate change on the seafood supply chain and the increasing competition from imports. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424460-02

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

  • Online Seafood Marketplaces: Online seafood marketplaces have emerged as a new trend in the Seafood (Wholesale) industry. These marketplaces connect seafood suppliers with buyers, making it easier for buyers to purchase seafood products directly from suppliers. This trend is expected to continue to grow in the coming years.
  • Sustainable Seafood Products: The demand for sustainable seafood products is increasing in the USA. Many seafood wholesalers are now offering sustainable seafood products to meet the growing demand from consumers. This trend is expected to continue to grow in the coming years.
  • Seafood Traceability: Seafood traceability is becoming increasingly important in the Seafood (Wholesale) industry. Many seafood wholesalers are now using technology to track the origin of their seafood products, ensuring that they are sustainable and of high quality.
  • Seafood Packaging Innovations: Many seafood wholesalers are now using innovative packaging solutions to extend the shelf life of their products. These solutions include vacuum-sealed packaging, modified atmosphere packaging, and other technologies that help to preserve the freshness of seafood products.
  • Seafood Processing Innovations: Many seafood wholesalers are now using innovative processing technologies to improve the quality of their products. These technologies include high-pressure processing, which helps to preserve the texture and flavor of seafood products, and other innovations that help to improve the quality of seafood products.

NAICS Code 424460-02 - Seafood (Wholesale)

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