NAICS Code 424490-14 - Cocoa (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Sales Volume
  • Employee Count
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Looking for more companies? See NAICS 424490 - Other Grocery and Related Products Merchant Wholesalers - 7,037 companies, 31,955 emails.

NAICS Code 424490-14 Description (8-Digit)

Cocoa (Wholesale) is a subdivision of the Other Grocery and Related Products Merchant Wholesalers industry. This industry involves the wholesale distribution of cocoa and cocoa products to various businesses such as confectionery manufacturers, bakeries, and food service providers. Cocoa (Wholesale) companies purchase cocoa beans and process them into cocoa powder, cocoa butter, and chocolate liquor. These products are then sold to manufacturers who use them as ingredients in their products. The industry is highly competitive, and companies must maintain high-quality standards to remain competitive.

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 424490 page

Tools

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

  • Cocoa bean roaster
  • Cocoa butter press
  • Conching machine
  • Refining mill
  • Winnowing machine
  • Hydraulic press
  • Conveyors
  • Sifting machine
  • Temperature-controlled storage
  • Weighing scales
  • Moisture analyzer
  • PH meter
  • Sieves
  • Grinders
  • Mixers
  • Pumps
  • Packaging equipment
  • Forklifts

Industry Examples of Cocoa (Wholesale)

Common products and services typical of NAICS Code 424490-14, illustrating the main business activities and contributions to the market.

  • Chocolate manufacturers
  • Confectionery manufacturers
  • Bakeries
  • Ice cream manufacturers
  • Food service providers
  • Snack food manufacturers
  • Beverage manufacturers
  • Nut butter manufacturers
  • Health food manufacturers
  • Cosmetic manufacturers

History

A concise historical narrative of NAICS Code 424490-14 covering global milestones and recent developments within the United States.

  • The cocoa industry has a long and complex history, dating back to the ancient civilizations of Central and South America. The Mayans and Aztecs were the first to cultivate cocoa trees and use the beans to make a bitter drink. In the 16th century, the Spanish brought cocoa to Europe, where it became a luxury item for the wealthy. The Industrial Revolution brought new technologies for processing cocoa, making it more widely available. In the 20th century, the chocolate industry boomed, with the development of new products and marketing strategies. In the United States, the Hershey Company was founded in 1894 and became a major player in the industry. Today, the cocoa industry faces challenges such as climate change, labor issues, and changing consumer preferences. Recent history of the cocoa industry in the United States has been marked by a growing demand for high-quality, sustainably sourced cocoa products. Consumers are increasingly interested in the ethical and environmental impact of their food choices, and companies are responding by investing in sustainable sourcing and fair labor practices. In 2010, the US passed the Dodd-Frank Act, which requires companies to disclose their use of conflict minerals, including those used in the cocoa industry. This has led to increased scrutiny of the industry's supply chains and efforts to improve transparency and accountability. In recent years, there has also been a trend towards premiumization, with consumers willing to pay more for high-quality, artisanal chocolate products. Overall, the cocoa industry in the US is facing both challenges and opportunities as it adapts to changing consumer preferences and global trends.