NAICS Code 424490-44 - Oils-Vegetable (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
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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 424490-44 Description (8-Digit)

The Oils-Vegetable (Wholesale) industry involves the distribution and sale of vegetable oils to various businesses and industries. These oils are derived from various sources such as soybeans, canola, sunflower, and corn. The industry is responsible for the wholesale of these oils to food manufacturers, restaurants, and other businesses that require large quantities of vegetable oils for their operations. The industry is highly competitive and requires a deep understanding of the market and the needs of the customers.

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

  • Oil pumps
  • Oil storage tanks
  • Oil filtration systems
  • Oil dispensers
  • Oil filling machines
  • Oil testing equipment
  • Oil analysis software
  • Oil quality control equipment
  • Oil transportation vehicles
  • Oil drums and containers

Industry Examples of Oils-Vegetable (Wholesale)

Common products and services typical of NAICS Code 424490-44, illustrating the main business activities and contributions to the market.

  • Vegetable oil manufacturers
  • Food processing companies
  • Restaurants and fast-food chains
  • Bakeries and pastry shops
  • Snack food manufacturers
  • Salad dressing manufacturers
  • Sauces and condiments manufacturers
  • Soap and detergent manufacturers
  • Cosmetics and personal care product manufacturers
  • Animal feed manufacturers

History

A concise historical narrative of NAICS Code 424490-44 covering global milestones and recent developments within the United States.

  • The history of the Oils-Vegetable (Wholesale) industry dates back to ancient times when people used to extract oil from vegetables and seeds for cooking and medicinal purposes. The industry has come a long way since then, with the introduction of new technologies and advancements in the production process. In the 19th century, the industry saw a significant boost with the invention of the hydraulic press, which made it easier to extract oil from seeds. In the 20th century, the industry witnessed further advancements with the introduction of solvent extraction, which made it possible to extract oil from a wider range of seeds and vegetables. In recent years, the industry has seen a growing demand for organic and non-GMO vegetable oils, which has led to the development of new production methods and technologies. In the United States, the Oils-Vegetable (Wholesale) industry has a long history, with the first vegetable oil factory established in the early 1800s. The industry saw significant growth in the early 1900s, with the introduction of new technologies and the development of new markets. During World War II, the industry played a crucial role in supplying vegetable oil to the military, which led to further growth and expansion. In recent years, the industry has faced challenges due to the growing demand for alternative oils such as coconut and avocado oil. However, the industry has responded by developing new products and expanding into new markets, which has helped to maintain its position as a key player in the food industry.