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NAICS Code 424490-21 Description (8-Digit)

Corn Products (Wholesale) is a subdivision of Other Grocery and Related Products Merchant Wholesalers industry. This industry involves the wholesale distribution of corn products such as cornmeal, corn flour, cornstarch, and corn syrup. Corn products are widely used in the food industry as ingredients in various food products. Corn products are also used in non-food industries such as paper, textiles, and adhesives.

Hierarchy Navigation for NAICS Code 424490-21

Tools

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

  • Corn milling machines
  • Corn grinders
  • Corn sifters
  • Corn dryers
  • Corn storage silos
  • Corn transport trucks
  • Corn packaging machines
  • Corn quality testing equipment
  • Corn germ separators
  • Corn oil extraction machines

Industry Examples of Corn Products (Wholesale)

Common products and services typical of NAICS Code 424490-21, illustrating the main business activities and contributions to the market.

  • Cornmeal
  • Corn flour
  • Cornstarch
  • Corn syrup
  • Corn oil
  • Corn gluten meal
  • Corn germ
  • Corn bran
  • Corn grits
  • Corn masa flour

Certifications, Compliance and Licenses for NAICS Code 424490-21 - Corn Products (Wholesale)

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

  • Non-GMO Project Verified: This certification ensures that the corn products are free from genetically modified organisms (GMOs). The Non-GMO Project is a non-profit organization that provides this certification.
  • Organic Certification: This certification ensures that the corn products are produced without the use of synthetic fertilizers, pesticides, or other harmful chemicals. The USDA provides this certification.
  • Safe Quality Food (SQF) Certification: This certification ensures that the corn products meet food safety and quality standards. The SQF Institute provides this certification.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: This certification ensures that the corn products are produced in a safe and sanitary manner. The International HACCP Alliance provides this certification.
  • Gluten-Free Certification: This certification ensures that the corn products are free from gluten. The Gluten-Free Certification Organization provides this certification.

History

A concise historical narrative of NAICS Code 424490-21 covering global milestones and recent developments within the United States.

  • The "Corn Products (Wholesale)" industry has a long history dating back to the early 1900s when corn syrup was first introduced as a cheaper alternative to sugar. The industry grew rapidly during the 1920s and 1930s, with the development of new corn-based products such as cornstarch, corn oil, and cornmeal. In the 1950s, the industry experienced a significant shift towards the production of high fructose corn syrup, which became a popular sweetener in the food and beverage industry. In recent years, the industry has faced challenges due to increased competition from alternative sweeteners and a growing demand for healthier food options. In the United States, the "Corn Products (Wholesale)" industry has a rich history, with corn being a staple crop for Native Americans for thousands of years. The industry began to take shape in the late 1800s with the development of corn milling technology. During the early 1900s, the industry experienced significant growth due to the increased demand for corn-based products such as corn syrup and cornstarch. In the 1950s, the industry shifted towards the production of high fructose corn syrup, which became a popular sweetener in the food and beverage industry. In recent years, the industry has faced challenges due to increased competition from alternative sweeteners and a growing demand for healthier food options.

Future Outlook for Corn Products (Wholesale)

The anticipated future trajectory of the NAICS 424490-21 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 Corn Products (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for corn-based products in various industries such as food and beverage, pharmaceuticals, and animal feed. The growing population and changing dietary habits are also expected to drive the demand for corn products. Additionally, the increasing use of corn-based ethanol as a fuel additive is expected to boost the demand for corn products. However, the industry may face challenges such as volatile corn prices, increasing competition, and changing government regulations.

Industry Innovations for NAICS Code 424490-21

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

  • Corn-Based Bioplastics: Corn-based bioplastics are a recent innovation in the Corn Products (Wholesale) industry. These bioplastics are made from corn starch and are biodegradable, making them an eco-friendly alternative to traditional plastics.
  • Corn-Based Sweeteners: Corn-based sweeteners such as high fructose corn syrup (HFCS) are widely used in the food and beverage industry as a substitute for sugar. Recent innovations in the industry have led to the development of new corn-based sweeteners that are healthier and have a lower glycemic index.
  • Corn-Based Ethanol: Corn-based ethanol is a renewable fuel that is used as a fuel additive in gasoline. Recent innovations in the industry have led to the development of new technologies that make the production of corn-based ethanol more efficient and cost-effective.
  • Corn-Based Animal Feed: Corn-based animal feed is widely used in the livestock industry as a source of energy and protein. Recent innovations in the industry have led to the development of new corn-based animal feed products that are more nutritious and have a higher digestibility.
  • Corn-Based Gluten-Free Products: Corn-based gluten-free products are a recent innovation in the food industry. These products are made from corn flour and are suitable for people with gluten intolerance or celiac disease.

NAICS Code 424490-21 - Corn Products (Wholesale)

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