NAICS Code 424490-41 - Molasses (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424490-41
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NAICS Code 424490-41 Description (8-Digit)

Molasses (Wholesale) is a subdivision of the Other Grocery and Related Products Merchant Wholesalers industry. This industry involves the wholesale distribution of molasses, which is a thick, dark, and sweet syrup that is a byproduct of the sugar refining process. Molasses is commonly used as a sweetener in baking and cooking, as well as in the production of rum and other alcoholic beverages. Molasses (Wholesale) companies typically purchase large quantities of molasses from sugar refineries and then distribute it to various retailers, manufacturers, and other businesses.

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

  • Molasses pumps
  • Molasses storage tanks
  • Molasses flow meters
  • Molasses valves
  • Molasses filters
  • Molasses mixers
  • Molasses sampling equipment
  • Molasses viscosity meters
  • Molasses level sensors
  • Molasses temperature sensors

Industry Examples of Molasses (Wholesale)

Common products and services typical of NAICS Code 424490-41, illustrating the main business activities and contributions to the market.

  • Baked goods manufacturers
  • Confectionery manufacturers
  • Alcoholic beverage manufacturers
  • Animal feed manufacturers
  • Health food stores
  • Organic food stores
  • Specialty food stores
  • Wholesale food distributors
  • Restaurant supply companies
  • Agricultural cooperatives

History

A concise historical narrative of NAICS Code 424490-41 covering global milestones and recent developments within the United States.

  • Molasses has been used as a sweetener and flavoring agent for centuries. The industry of molasses production and wholesale began in the Caribbean in the 17th century, where it was produced as a byproduct of sugar refining. Molasses was then exported to Europe and North America, where it was used in the production of rum, as well as in baking and cooking. In the United States, the molasses industry grew rapidly in the 19th century, with the development of the sugar beet industry and the expansion of the rum industry. During the Prohibition era, the demand for molasses increased as it was used to produce industrial alcohol. In recent years, the molasses industry has faced challenges due to the declining demand for molasses as a sweetener and the increasing competition from other sweeteners such as high-fructose corn syrup.