NAICS Code 424490-43 - Oils-Edible (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Company Name
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  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
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Looking for more companies? See NAICS 424490 - Other Grocery and Related Products Merchant Wholesalers - 7,037 companies, 31,955 emails.

NAICS Code 424490-43 Description (8-Digit)

The Oils-Edible (Wholesale) industry involves the distribution of edible oils to various businesses such as restaurants, food manufacturers, and grocery stores. This industry is responsible for the wholesale of a variety of edible oils, including vegetable oils, olive oils, and coconut oils. The oils are typically sold in large quantities, such as barrels or tanks, and are used for cooking, frying, and baking purposes. The industry is highly competitive, with many companies vying for market share by offering competitive pricing and high-quality 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 Oils-Edible (Wholesale) industry for day-to-day tasks and operations.

  • Oil pumps
  • Oil storage tanks
  • Oil drums
  • Oil dispensers
  • Oil filters
  • Oil funnels
  • Oil strainers
  • Oil skimmers
  • Oil thermometers
  • Oil testing kits

Industry Examples of Oils-Edible (Wholesale)

Common products and services typical of NAICS Code 424490-43, illustrating the main business activities and contributions to the market.

  • Vegetable oil
  • Olive oil
  • Coconut oil
  • Canola oil
  • Sunflower oil
  • Soybean oil
  • Corn oil
  • Peanut oil
  • Sesame oil
  • Avocado oil

History

A concise historical narrative of NAICS Code 424490-43 covering global milestones and recent developments within the United States.

  • The edible oils industry has a long history dating back to ancient civilizations such as Egypt, Greece, and Rome, where olive oil was a staple in their diets. In the 19th century, the industry saw significant advancements with the invention of hydraulic presses and solvent extraction methods, which allowed for the mass production of oils. In the United States, the industry saw a boom in the 20th century with the introduction of soybean oil, which became the most widely used oil in the country. In recent years, the industry has faced challenges due to concerns over health and sustainability, leading to the development of new products such as organic and non-GMO oils.