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NAICS Code 424470-02 Description (8-Digit)

Meat Brokers (Wholesale) are professionals who act as intermediaries between meat producers and meat buyers. They do not take ownership of the meat products but facilitate the buying and selling process. Meat Brokers (Wholesale) work with a range of clients including restaurants, supermarkets, and other food service providers. They are responsible for negotiating prices, arranging for transportation, and ensuring that the meat products meet the required quality standards. Meat Brokers (Wholesale) need to have a good understanding of the meat industry and keep up-to-date with market trends and regulations.

Hierarchy Navigation for NAICS Code 424470-02

Tools

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

  • Meat grading equipment
  • Meat thermometers
  • Refrigerated trucks
  • Meat packaging materials
  • Meat cutting equipment
  • Computer software for inventory management
  • Meat inspection tools
  • Meat tenderizing machines
  • Meat aging equipment
  • Meat portioning machines

Industry Examples of Meat Brokers (Wholesale)

Common products and services typical of NAICS Code 424470-02, illustrating the main business activities and contributions to the market.

  • Beef suppliers
  • Poultry distributors
  • Lamb wholesalers
  • Game meat brokers
  • Exotic meat traders
  • Organic meat brokers
  • Halal meat brokers
  • Grass-fed meat suppliers
  • Free-range meat distributors
  • Specialty meat brokers

Certifications, Compliance and Licenses for NAICS Code 424470-02 - Meat Brokers (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 meat and poultry products. It is a preventive approach to food safety that identifies potential hazards and takes steps to prevent them. The US Department of Agriculture (USDA) provides HACCP certification for meat and poultry products.
  • Safe Quality Food (SQF) Certification: SQF is a food safety management system that is recognized by the Global Food Safety Initiative (GFSI). It is a comprehensive approach to food safety that covers all aspects of the supply chain. SQF certification is required by many retailers and food service providers. The Safe Quality Food Institute provides SQF certification.
  • National Organic Program (NOP) Certification: NOP certification is required for meat products that are labeled as organic. It ensures that the meat was produced without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). The USDA provides NOP certification.
  • Good Manufacturing Practices (GMP) Certification: GMP certification is a set of guidelines for the production of food products. It covers all aspects of production, including sanitation, hygiene, and quality control. GMP certification is required by many retailers and food service providers. The International Organization for Standardization (ISO) provides GMP certification.
  • United States-Mexico-Canada Agreement (USMCA) Compliance: USMCA is a trade agreement between the US, Mexico, and Canada. It includes provisions for the trade of meat products between the three countries. Meat brokers must comply with the rules of origin and other provisions of the agreement. The Office of the United States Trade Representative provides information on USMCA compliance.

History

A concise historical narrative of NAICS Code 424470-02 covering global milestones and recent developments within the United States.

  • The "Meat Brokers (Wholesale)" industry has a long history dating back to the early 20th century when the meatpacking industry was booming in the United States. Meat brokers acted as intermediaries between meatpacking companies and retailers, helping to distribute meat products across the country. In the 1920s, the industry saw significant growth due to the expansion of the railroad system, which made it easier to transport meat products across long distances. During the Great Depression, the industry faced significant challenges due to the economic downturn, but it rebounded in the post-World War II era. In recent years, the industry has faced challenges due to increased competition from online retailers and changing consumer preferences. In the United States, the "Meat Brokers (Wholesale)" industry has seen significant growth in recent years due to the increasing demand for meat products.

Future Outlook for Meat Brokers (Wholesale)

The anticipated future trajectory of the NAICS 424470-02 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 Meat Brokers (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for meat products in the country. The industry is also expected to benefit from the growing trend of consumers preferring to buy meat products from wholesale suppliers rather than supermarkets. Additionally, the industry is expected to benefit from the increasing popularity of online meat delivery services. However, the industry may face challenges due to the increasing competition from other wholesale meat suppliers and the rising prices of meat products. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424470-02

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

  • Online Meat Delivery Services: Many Meat Brokers (Wholesale) in the USA have started offering online meat delivery services to their customers. This has made it easier for customers to buy meat products from the comfort of their homes.
  • Use Of Technology: Many Meat Brokers (Wholesale) in the USA have started using technology to improve their operations. For example, some companies are using software to manage their inventory and track their sales.
  • Sustainable Meat Products: Many Meat Brokers (Wholesale) in the USA are now offering sustainable meat products to their customers. This has become a popular trend among consumers who are concerned about the environment.
  • Expansion Into New Markets: Many Meat Brokers (Wholesale) in the USA are expanding into new markets to increase their customer base. For example, some companies are now offering their products to restaurants and other food service businesses.
  • Customized Meat Products: Many Meat Brokers (Wholesale) in the USA are now offering customized meat products to their customers. This has become a popular trend among consumers who want to buy meat products that are tailored to their specific needs.

NAICS Code 424470-02 - Meat Brokers (Wholesale)

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