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NAICS Code 424480-11 Description (8-Digit)

The Potatoes (Wholesale) industry involves the distribution of potatoes to retailers, food service providers, and other businesses that require large quantities of potatoes. 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. Potatoes are a staple food in many parts of the world and are used in a range of dishes, from mashed potatoes to French fries. As a result, the demand for potatoes is high, and the Potatoes (Wholesale) industry plays an important role in ensuring that businesses have a steady supply of this versatile vegetable. Wholesalers in this industry typically purchase potatoes from farmers and other producers in bulk quantities and then distribute them to their customers. They may also provide additional services such as sorting, grading, and packaging to ensure that the potatoes meet the specific needs of their customers. The Potatoes (Wholesale) industry is highly competitive, and wholesalers must be able to offer high-quality products at competitive prices in order to remain profitable. They must also be able to adapt to changes in demand and supply, as well as fluctuations in market prices.

Hierarchy Navigation for NAICS Code 424480-11

Tools

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

  • Potato sorting machines
  • Potato grading machines
  • Potato washing machines
  • Potato packaging machines
  • Forklifts
  • Pallet jacks
  • Hand trucks
  • Conveyor belts
  • Scales
  • Storage bins

Industry Examples of Potatoes (Wholesale)

Common products and services typical of NAICS Code 424480-11, illustrating the main business activities and contributions to the market.

  • French fry manufacturer
  • Restaurant chain
  • Grocery store
  • Food service distributor
  • Snack food manufacturer
  • Chip manufacturer
  • Frozen food manufacturer
  • Catering company
  • Wholesale produce distributor
  • Institutional food service provider

Certifications, Compliance and Licenses for NAICS Code 424480-11 - Potatoes (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Good Agricultural Practices (GAP): GAP is a voluntary audit program that verifies that fruits and vegetables are produced, packed, handled, and stored safely to minimize risks of microbial food safety hazards. The USDA provides GAP certification.
  • Hazard Analysis and Critical Control Points (HACCP): HACCP is a management system in which food safety is addressed through the analysis and control of biological, chemical, and physical hazards from raw material production, procurement, and handling, to manufacturing, distribution, and consumption of the finished product. The FDA provides HACCP certification.
  • United Fresh Produce Association's Harmonized GAP Plus+: This certification program is designed to help producers and buyers comply with the Food Safety Modernization Act (FSMA) Produce Safety Rule. It is a food safety audit that verifies that fruits and vegetables are produced, packed, handled, and stored safely to minimize risks of microbial food safety hazards.
  • Organic Certification: Organic certification verifies that the potatoes are grown and processed according to the USDA's national organic standards. The USDA provides organic certification.
  • Global Food Safety Initiative (GFSI): GFSI is a benchmarking organization that sets food safety standards for the industry. The GFSI recognizes several certification schemes, including the British Retail Consortium (BRC) Global Standard for Food Safety, the Safe Quality Food (SQF) Program, and the International Featured Standards (IFS) Food Standard.

History

A concise historical narrative of NAICS Code 424480-11 covering global milestones and recent developments within the United States.

  • The wholesale potato industry has a long and rich history worldwide. Potatoes were first cultivated in the Andes Mountains of South America over 7,000 years ago. The Spanish brought potatoes to Europe in the 16th century, and they quickly became a staple food. In the 19th century, potatoes were introduced to North America, and by the early 20th century, the United States was one of the world's largest potato producers. In recent history, the potato industry has seen significant advancements in technology, including the development of new potato varieties, improved storage techniques, and more efficient transportation methods. In the United States, the potato industry has also faced challenges such as disease outbreaks and changing consumer preferences.

Future Outlook for Potatoes (Wholesale)

The anticipated future trajectory of the NAICS 424480-11 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 Potatoes (Wholesale) industry in the USA is positive. The industry is expected to grow steadily in the coming years due to the increasing demand for potatoes in various food products. The industry is also expected to benefit from the growing popularity of organic and non-GMO potatoes. Additionally, the industry is likely to benefit from the increasing demand for convenience foods, which often contain potatoes as a key ingredient. However, the industry may face challenges due to the increasing competition from imported potatoes and the rising costs of labor and transportation. Overall, the industry is expected to continue to grow in the coming years, albeit at a moderate pace.

Industry Innovations for NAICS Code 424480-11

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

  • Potato-Based Snacks: In recent years, there has been a surge in the popularity of potato-based snacks, such as potato chips and fries. This has led to the development of new and innovative potato-based snack products, such as sweet potato chips and baked potato fries.
  • Sustainable Packaging: Many companies in the Potatoes (Wholesale) industry are now using sustainable packaging materials, such as biodegradable bags and containers, to reduce their environmental impact.
  • New Potato Varieties: The development of new potato varieties, such as purple and fingerling potatoes, has opened up new markets for the Potatoes (Wholesale) industry.
  • Online Ordering: Many wholesalers in the Potatoes (Wholesale) industry now offer online ordering, making it easier for customers to purchase potatoes in bulk.
  • Improved Storage and Transportation: Advances in storage and transportation technology have made it easier for wholesalers to store and transport potatoes over long distances, reducing spoilage and waste.

NAICS Code 424480-11 - Potatoes (Wholesale)

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