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NAICS Code 424490-40 Description (8-Digit)

Milk-Powdered (Wholesale) is a subdivision of the Other Grocery and Related Products Merchant Wholesalers industry. This industry involves the wholesale distribution of powdered milk products to various retailers, such as grocery stores, supermarkets, and convenience stores. Milk powder is a dehydrated form of milk that has a longer shelf life and is easier to transport and store than liquid milk. Milk-Powdered (Wholesale) companies purchase milk powder products from manufacturers and then distribute them to retailers in large quantities. These companies may also provide additional services such as packaging, labeling, and transportation.

Hierarchy Navigation for NAICS Code 424490-40

Tools

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

  • Powdered milk packaging machines
  • Labeling machines
  • Pallet jacks
  • Forklifts
  • Conveyor belts
  • Scales
  • Storage tanks
  • Silos
  • Vacuum sealers
  • Shrink wrap machines

Industry Examples of Milk-Powdered (Wholesale)

Common products and services typical of NAICS Code 424490-40, illustrating the main business activities and contributions to the market.

  • Skim milk powder
  • Whole milk powder
  • Buttermilk powder
  • Whey powder
  • Non-fat dry milk powder
  • Instant milk powder
  • Fortified milk powder
  • Organic milk powder
  • Lactose-free milk powder
  • Milk protein concentrate powder

Certifications, Compliance and Licenses for NAICS Code 424490-40 - Milk-Powdered (Wholesale)

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

  • USDA Organic Certification: This certification is required for any product that is labeled as organic. It ensures that the product has been produced and handled according to strict USDA organic standards. The certification is provided by the USDA National Organic Program.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: This certification is required for any food product that has a significant risk of contamination. It ensures that the product has been produced and handled according to strict food safety standards. The certification is provided by various organizations accredited by the International HACCP Alliance.
  • Good Manufacturing Practices (GMP) Certification: This certification is required for any food product that is manufactured, processed, packed, or held under conditions that may affect its safety or quality. It ensures that the product has been produced and handled according to strict quality control standards. The certification is provided by various organizations accredited by the International Organization for Standardization (ISO).
  • Safe Quality Food (SQF) Certification: This certification is required for any food product that is sold to retailers or food service providers. It ensures that the product has been produced and handled according to strict food safety and quality standards. The certification is provided by the Safe Quality Food Institute.
  • Kosher Certification: This certification is required for any food product that is intended for consumption by Jewish people. It ensures that the product has been produced and handled according to strict Jewish dietary laws. The certification is provided by various organizations accredited by the Orthodox Union.

History

A concise historical narrative of NAICS Code 424490-40 covering global milestones and recent developments within the United States.

  • The powdered milk industry has a long history dating back to the early 19th century when it was first invented by a Russian physician. The first commercial production of powdered milk began in Switzerland in 1867, and by the early 20th century, it had become a popular product in Europe and the United States. During World War II, powdered milk became an essential food item for soldiers and civilians alike, and its production and consumption increased significantly. In recent years, the powdered milk industry has faced challenges due to the increasing popularity of fresh milk and milk alternatives, but it remains an important product for many consumers and industries. In the United States, the powdered milk industry has a more recent history. In the 1950s and 1960s, powdered milk was a popular product due to its convenience and long shelf life. However, its popularity declined in the 1970s and 1980s due to concerns about its taste and nutritional value. In recent years, the powdered milk industry has seen a resurgence due to the increasing demand for long-lasting food products and the popularity of powdered milk in developing countries. Overall, the powdered milk industry has a rich history and continues to evolve to meet the changing needs of consumers and industries.

Future Outlook for Milk-Powdered (Wholesale)

The anticipated future trajectory of the NAICS 424490-40 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 Milk-Powdered (Wholesale) industry in the USA is positive. The industry is expected to experience steady growth in the coming years due to the increasing demand for milk powder in various applications such as infant formula, bakery products, and confectionery. The growing popularity of milk powder as a convenient and long-lasting alternative to fresh milk is also expected to drive the industry's growth. Additionally, the increasing demand for organic and non-GMO milk powder is expected to create new opportunities for the industry. However, the industry may face challenges such as fluctuations in milk prices and the availability of raw materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424490-40

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

  • Milk Powder with Added Probiotics: Some milk powder manufacturers have started adding probiotics to their products to enhance their nutritional value and promote digestive health.
  • Low-Fat Milk Powder: With the growing demand for healthier food products, some milk powder manufacturers have started producing low-fat milk powder to cater to health-conscious consumers.
  • Organic Milk Powder: The demand for organic food products is on the rise, and some milk powder manufacturers have started producing organic milk powder to cater to this demand.
  • Non-GMO Milk Powder: Some milk powder manufacturers have started producing non-GMO milk powder to cater to consumers who are concerned about the use of genetically modified organisms in food products.
  • Milk Powder for Bakery Products: Milk powder is a popular ingredient in bakery products such as bread, cakes, and pastries. Some milk powder manufacturers have started producing milk powder specifically for use in bakery products to cater to this demand.

NAICS Code 424490-40 - Milk-Powdered (Wholesale)

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