NAICS Code 424490-29 - Foods-Foreign (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424490-29
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NAICS Code 424490-29 Description (8-Digit)

The Foods-Foreign (Wholesale) industry involves the wholesale distribution of foreign food products. These products are imported from other countries and may include a variety of food items such as snacks, spices, sauces, and condiments. Companies in this industry typically purchase large quantities of foreign food products from manufacturers and then distribute them to retailers, restaurants, and other food service establishments. The industry is highly competitive and requires companies to stay up-to-date with the latest food trends and consumer preferences in order to remain successful.

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 Foods-Foreign (Wholesale) industry for day-to-day tasks and operations.

  • Import/export software
  • Inventory management software
  • Shipping and logistics software
  • Barcode scanners
  • Pallet jacks
  • Forklifts
  • Packaging equipment
  • Temperature-controlled storage facilities
  • Quality control equipment
  • Foreign language translation software

Industry Examples of Foods-Foreign (Wholesale)

Common products and services typical of NAICS Code 424490-29, illustrating the main business activities and contributions to the market.

  • Japanese snacks
  • Mexican spices
  • Italian pasta
  • Indian sauces
  • Chinese teas
  • French cheeses
  • German sausages
  • Thai curry pastes
  • Spanish olives
  • Greek yogurt

History

A concise historical narrative of NAICS Code 424490-29 covering global milestones and recent developments within the United States.

  • The Foods-Foreign (Wholesale) industry has a long history dating back to ancient times when traders would travel long distances to exchange goods. The Silk Road, for example, was a network of trade routes that connected the East and West, allowing for the exchange of spices, tea, and other food products. In the modern era, the Foods-Foreign (Wholesale) industry has continued to grow and evolve. In the United States, the industry has seen significant growth in recent years due to the increasing demand for international cuisine and the rise of e-commerce platforms that make it easier for consumers to access foreign foods. Notable advancements in the industry include the development of new packaging technologies that help to preserve the quality and freshness of food products during transportation and storage, as well as the use of data analytics to optimize supply chain management and improve efficiency.