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NAICS Code 424490-27 Description (8-Digit)

Food Facilities (Wholesale) is a subdivision of the Other Grocery and Related Products Merchant Wholesalers industry. This industry involves the wholesale distribution of food products to various facilities such as restaurants, hospitals, schools, and other institutions. Food Facilities (Wholesale) companies purchase food products in bulk from manufacturers and then distribute them to their clients. These companies may also provide additional services such as storage, transportation, and packaging of food products.

Hierarchy Navigation for NAICS Code 424490-27

Tools

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

  • Refrigerated trucks
  • Pallet jacks
  • Forklifts
  • Conveyor belts
  • Scales
  • Barcode scanners
  • Packaging machines
  • Temperature monitoring devices
  • Hand trucks
  • Wrapping machines

Industry Examples of Food Facilities (Wholesale)

Common products and services typical of NAICS Code 424490-27, illustrating the main business activities and contributions to the market.

  • Restaurant suppliers
  • Hospital food distributors
  • School cafeteria suppliers
  • Correctional facility food distributors
  • Catering suppliers
  • Hotel food distributors
  • Military food distributors
  • Airline food suppliers
  • Cruise ship food distributors
  • Food service management companies

Certifications, Compliance and Licenses for NAICS Code 424490-27 - Food Facilities (Wholesale)

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

  • Good Manufacturing Practices (GMP): GMP certification ensures that food facilities are following the necessary procedures to produce safe and high-quality food products. The certification is provided by the International Organization for Standardization (ISO).
  • Hazard Analysis and Critical Control Points (HACCP): HACCP certification is a food safety management system that identifies and prevents potential hazards in the food production process. The certification is provided by the International HACCP Alliance.
  • Safe Quality Food (SQF): SQF certification is a food safety management system that ensures the safety and quality of food products. The certification is provided by the Safe Quality Food Institute.
  • Organic Certification: Organic certification ensures that food products are produced without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). The certification is provided by the United States Department of Agriculture (USDA).
  • Kosher Certification: Kosher certification ensures that food products meet the dietary requirements of Jewish law. The certification is provided by various organizations, including the Orthodox Union and the Star-K Kosher Certification. and

History

A concise historical narrative of NAICS Code 424490-27 covering global milestones and recent developments within the United States.

  • The "Food Facilities (Wholesale)" industry has a long history dating back to ancient times when food was traded between different regions. In the Middle Ages, food was traded in markets and fairs, and in the 19th century, the first wholesale food markets were established in Europe and the United States. The industry has since grown and evolved, with the introduction of new technologies and transportation methods. In recent years, the industry has seen a shift towards more sustainable and organic food products, as well as an increase in online food wholesale platforms. In the United States, the "Food Facilities (Wholesale)" industry has experienced significant growth in recent years, driven by factors such as population growth, rising disposable incomes, and changing consumer preferences. The industry has also been impacted by the COVID-19 pandemic, with increased demand for certain food products and disruptions in supply chains. Despite these challenges, the industry has continued to adapt and innovate, with the introduction of new technologies and distribution methods. Overall, the "Food Facilities (Wholesale)" industry has a rich history and continues to play a vital role in the global food supply chain.

Future Outlook for Food Facilities (Wholesale)

The anticipated future trajectory of the NAICS 424490-27 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The food facilities wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for food products. The industry is expected to benefit from the growing population, rising disposable income, and changing consumer preferences. The industry is also expected to benefit from the increasing demand for organic and natural food products. The industry is expected to face challenges such as increasing competition, changing regulations, and rising costs. However, the industry is expected to overcome these challenges by adopting new technologies, improving supply chain management, and expanding into new markets.

Industry Innovations for NAICS Code 424490-27

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

  • Online Ordering and Delivery Services: Many food facilities wholesalers are now offering online ordering and delivery services to their customers, making it easier for them to purchase products.
  • Use Of Blockchain Technology: Some food facilities wholesalers are using blockchain technology to improve supply chain management and increase transparency.
  • Expansion Into New Markets: Many food facilities wholesalers are expanding into new markets, such as international markets, to increase their customer base and revenue.
  • Use Of Automation and Robotics: Some food facilities wholesalers are using automation and robotics to improve efficiency and reduce costs.
  • Offering Customized Products: Some food facilities wholesalers are offering customized products to their customers, allowing them to meet their specific needs and preferences.

NAICS Code 424490-27 - Food Facilities (Wholesale)

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