NAICS Code 424460-03 - Shrimp (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424460-03
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NAICS Code 424460-03 Description (8-Digit)

The Shrimp (Wholesale) industry involves the buying and selling of shrimp in large quantities to retailers, restaurants, and other businesses. This industry is a subdivision of Fish and Seafood Merchant Wholesalers and is responsible for the distribution of various types of shrimp, including fresh, frozen, and cooked shrimp. Shrimp (Wholesale) companies typically purchase shrimp directly from fishermen or shrimp farms and then sell them to various businesses. This industry is highly competitive and requires a deep understanding of the shrimp market and its trends.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424460 page

Tools

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

  • Shrimp peeling machines
  • Shrimp grading machines
  • Shrimp deveining machines
  • Shrimp cooking equipment
  • Shrimp packaging machines
  • Refrigerated trucks
  • Weighing scales
  • Shrimp storage containers
  • Shrimp cleaning equipment
  • Shrimp drying equipment

Industry Examples of Shrimp (Wholesale)

Common products and services typical of NAICS Code 424460-03, illustrating the main business activities and contributions to the market.

  • Frozen shrimp
  • Cooked shrimp
  • Peeled shrimp
  • Head-on shrimp
  • Tail-on shrimp
  • Jumbo shrimp
  • White shrimp
  • Brown shrimp
  • Gulf shrimp
  • Pacific shrimp

History

A concise historical narrative of NAICS Code 424460-03 covering global milestones and recent developments within the United States.

  • The "Shrimp (Wholesale)" industry has a long and rich history worldwide. Shrimp has been a popular food source for centuries, with evidence of shrimp consumption dating back to ancient civilizations such as the Greeks and Romans. In the 20th century, advancements in technology and transportation allowed for the mass production and distribution of shrimp, leading to a significant increase in demand. In recent years, the industry has faced challenges such as disease outbreaks and environmental concerns, but has continued to thrive due to innovations in sustainable farming practices and increased consumer demand for seafood. In the United States, the "Shrimp (Wholesale)" industry has experienced significant growth in recent decades. According to the National Oceanic and Atmospheric Administration (NOAA), the United States imported over 1.6 billion pounds of shrimp in 2019, with a value of over $6 billion. The industry has faced challenges such as competition from foreign markets and concerns over the environmental impact of shrimp farming, but has continued to grow due to increased demand for seafood and advancements in sustainable farming practices. Overall, the "Shrimp (Wholesale)" industry has a rich history and continues to play an important role in the global food industry.