NAICS Code 424480-02 - Bananas (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424480-02
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NAICS Code 424480-02 Description (8-Digit)

The Bananas (Wholesale) industry involves the distribution of fresh bananas to retailers, food service providers, and other businesses that sell bananas to consumers. This industry is a subdivision of the Fresh Fruit and Vegetable Merchant Wholesalers industry, which is responsible for the wholesale distribution of a variety of fresh fruits and vegetables. Bananas are a popular fruit that are consumed worldwide, and the Bananas (Wholesale) industry plays a crucial role in ensuring that fresh bananas are available to consumers year-round. This industry involves the sourcing, purchasing, and distribution of bananas from growers and producers to retailers and other businesses. The Bananas (Wholesale) industry is highly competitive, with many companies vying for market share. Companies in this industry must have strong relationships with growers and producers to ensure a steady supply of high-quality bananas. They must also have efficient distribution networks to ensure that bananas are delivered to customers in a timely and cost-effective manner.

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 424480 page

Tools

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

  • Banana ripening rooms
  • Temperature-controlled trucks
  • Pallet jacks
  • Conveyor belts
  • Scales
  • Packaging equipment
  • Barcode scanners
  • Handheld computers
  • Quality control equipment
  • Banana bunch covers

Industry Examples of Bananas (Wholesale)

Common products and services typical of NAICS Code 424480-02, illustrating the main business activities and contributions to the market.

  • Banana distributors
  • Fruit wholesalers
  • Produce distributors
  • Grocery wholesalers
  • Food service distributors
  • Import/export companies
  • Wholesale fruit markets
  • Supermarket suppliers
  • Restaurant suppliers
  • Catering suppliers

History

A concise historical narrative of NAICS Code 424480-02 covering global milestones and recent developments within the United States.

  • The banana industry has a long and complex history, with the fruit originating in Southeast Asia and being introduced to the Western world in the 15th century. Bananas were first imported to the United States in the late 1800s, and by the early 1900s, the United Fruit Company (now Chiquita Brands International) had established a virtual monopoly on the banana trade. In the mid-20th century, the industry faced significant challenges, including the spread of Panama disease, which threatened to wipe out the entire banana crop. However, the development of new varieties of bananas and the use of fungicides helped to mitigate the impact of the disease. In recent years, the industry has faced new challenges, including concerns about labor practices and environmental sustainability. In the United States, the banana industry has been shaped by a number of factors, including changes in consumer preferences and the growth of international trade. In the early 20th century, bananas were considered a luxury item, but by the mid-20th century, they had become a staple food in many households. Today, the United States is one of the largest importers of bananas in the world, with most of the fruit coming from Central and South America. The industry has also been impacted by changes in trade policy, including the implementation of the North American Free Trade Agreement (NAFTA) in the 1990s. Despite these challenges, the banana industry remains an important part of the global food system, providing a source of nutrition and income for millions of people around the world.