NAICS Code 424490-33 - Homeopathic Suppliers (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424490-33
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NAICS Code 424490-33 Description (8-Digit)

Homeopathic Suppliers (Wholesale) are companies that specialize in the wholesale distribution of homeopathic remedies and products. Homeopathy is a form of alternative medicine that involves the use of highly diluted substances to treat various ailments. These suppliers offer a range of homeopathic products, including remedies, tinctures, ointments, creams, and other related products. They source their products from manufacturers and distribute them to retailers, healthcare practitioners, and other businesses that sell homeopathic products.

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 Homeopathic Suppliers (Wholesale) industry for day-to-day tasks and operations.

  • Homeopathic remedy kits
  • Dilution machines
  • Glass vials and bottles
  • Droppers and pipettes
  • Mortar and pestle
  • Digital scales
  • Label printers
  • Packaging materials
  • Storage containers
  • Homeopathic software

Industry Examples of Homeopathic Suppliers (Wholesale)

Common products and services typical of NAICS Code 424490-33, illustrating the main business activities and contributions to the market.

  • Homeopathic remedies
  • Tinctures
  • Ointments
  • Creams
  • Herbal supplements
  • Essential oils
  • Flower essences
  • Vitamins and minerals
  • Probiotics
  • Natural health products

History

A concise historical narrative of NAICS Code 424490-33 covering global milestones and recent developments within the United States.

  • The Homeopathic Suppliers (Wholesale) industry has a long history dating back to the late 18th century when Samuel Hahnemann, a German physician, developed the principles of homeopathy. The industry grew in popularity in Europe and the United States in the 19th century, and by the early 20th century, homeopathic remedies were widely available in pharmacies and health food stores. In recent years, the industry has faced increased scrutiny from regulators and the medical community, but it continues to serve a niche market of consumers who prefer natural remedies over conventional medicine. In the United States, the Homeopathic Suppliers (Wholesale) industry has experienced significant growth in the past decade, driven by increasing demand for natural and alternative health products. The industry has benefited from the growing popularity of homeopathy among consumers who are seeking non-invasive and holistic approaches to healthcare. The industry has also faced challenges, including increased competition from online retailers and regulatory uncertainty surrounding the safety and efficacy of homeopathic remedies. Despite these challenges, the industry is expected to continue growing in the coming years as more consumers seek out natural and alternative health products.