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

• Malt mills
• Hop harvesters
• Hop balers
• Hop pelletizers
• Malt handling equipment
• Malt storage silos
• Malt conveyors
• Malt roasters
• Hop dryers
• Hop extractors

Common products and services typical of NAICS Code 424490-37, illustrating the main business activities and contributions to the market.

• Craft breweries
• Microbreweries
• Beverage manufacturers
• Homebrew supply stores
• Brewpubs
• Beer distributors
• Beer wholesalers
• Beer importers
• Beer exporters
• Beer ingredient suppliers

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

• Organic Certification: Organic certification is a process for producers of organic food and other organic agricultural products. The certification is intended to assure quality and prevent fraud. The USDA's National Organic Program (NOP) is responsible for regulating the standards for any farm, wild crop harvesting, or handling operation that wants to sell an agricultural product as organically produced.
• Good Manufacturing Practices (GMP) Certification: GMP certification is a system for ensuring that products are consistently produced and controlled according to quality standards. The certification is designed to minimize the risks involved in any pharmaceutical production that cannot be eliminated through testing the final product. The NSF International provides GMP certification for the food and beverage industry.
• Hazard Analysis and Critical Control Points (HACCP) Certification: HACCP certification is a management system in which food safety is addressed through the analysis and control of biological, chemical, and physical hazards from raw material production, procurement and handling, to manufacturing, distribution, and consumption of the finished product. The International HACCP Alliance provides HACCP certification for the food and beverage industry.
• Safe Quality Food (SQF) Certification: SQF certification is a food safety management system that is designed to meet the needs of buyers and suppliers worldwide. The certification is recognized by the Global Food Safety Initiative (GFSI) and is administered by the Safe Quality Food Institute (SQFI).
• Alcohol and Tobacco Tax and Trade Bureau (TTB) Permit: The TTB permit is required for businesses that produce, import, wholesale, or sell alcohol, tobacco, or firearms. The permit is issued by the TTB, which is a bureau of the Department of the Treasury.

A concise historical narrative of NAICS Code 424490-37 covering global milestones and recent developments within the United States.

• The history of the Malts & Hops (Wholesale) industry dates back to the early 19th century when the first commercial breweries were established in Europe. The industry grew rapidly in the 20th century, with the introduction of new technologies and the expansion of the beer market. In the United States, the industry experienced significant growth in the 1980s and 1990s, with the rise of craft breweries and microbreweries. The industry has continued to evolve, with the introduction of new varieties of hops and malts, and the increasing popularity of organic and locally sourced ingredients. In recent years, the industry has also faced challenges due to the COVID-19 pandemic, which has led to disruptions in the supply chain and changes in consumer behavior.

The anticipated future trajectory of the NAICS 424490-37 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 Malts & Hops (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for craft beer and the growing popularity of microbreweries. The industry is also expected to benefit from the increasing number of bars and restaurants that are offering craft beer on their menus. Additionally, the industry is expected to benefit from the growing trend of home brewing, which is driving demand for high-quality malts and hops. However, the industry may face challenges due to the increasing competition from imports and the rising prices of raw materials. Overall, the industry is expected to experience steady growth in the coming years.

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

• The use of advanced technology in the production of malts and hops has led to the development of new and innovative products that are of higher quality and more consistent. This has helped to increase the demand for malts and hops in the USA.
• The development of new varieties of hops and malts has helped to expand the range of flavors and aromas that can be achieved in beer. This has led to the creation of new and innovative beer styles that are driving demand for malts and hops.
• The increasing popularity of craft beer has led to the development of new and innovative brewing techniques that require high-quality malts and hops. This has helped to increase the demand for malts and hops in the USA.
• The growing trend of home brewing has led to the development of new and innovative products that are designed specifically for home brewers. This has helped to increase the demand for malts and hops in the USA.
• The increasing number of microbreweries and brewpubs in the USA has led to the development of new and innovative beer styles that require high-quality malts and hops. This has helped to increase the demand for malts and hops in the USA.