NAICS Code 424490-53 - Provisions (Wholesale)
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NAICS Code 424490-53 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424490-53
Parent Code (less specific)
Tools
Tools commonly used in the Provisions (Wholesale) industry for day-to-day tasks and operations.
- Refrigerated trucks
- Pallet jacks
- Forklifts
- Conveyor belts
- Scales
- Barcode scanners
- Hand trucks
- Storage racks
- Wrapping machines
- Temperature monitoring devices
Industry Examples of Provisions (Wholesale)
Common products and services typical of NAICS Code 424490-53, illustrating the main business activities and contributions to the market.
- Meat products
- Dairy products
- Frozen foods
- Canned goods
- Snack foods
- Baked goods
- Spices and seasonings
- Condiments
- Pasta and grains
- Nuts and seeds
Certifications, Compliance and Licenses for NAICS Code 424490-53 - Provisions (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Hazard Analysis and Critical Control Points (HACCP): HACCP is a food safety management system that is required for all food businesses in the US. It identifies potential hazards in the food production process and outlines steps to prevent them. The certification is provided by the International HACCP Alliance.
- Safe Quality Food (SQF): SQF is a food safety management system that is recognized by the Global Food Safety Initiative (GFSI). It is a comprehensive program that covers all aspects of food safety and quality. The certification is provided by the Safe Quality Food Institute.
- Good Manufacturing Practices (GMP): GMP is a set of guidelines that ensure that food products are consistently produced and controlled according to quality standards. It covers all aspects of production, from raw materials to finished products. The certification is provided by the NSF International.
- Organic Certification: Organic certification is required for businesses that produce or handle organic food products. It ensures that the products meet the USDA's organic standards. The certification is provided by USDA-accredited certifying agents.
- Kosher Certification: Kosher certification is required for businesses that produce or handle kosher food products. It ensures that the products meet Jewish dietary laws. The certification is provided by kosher certification agencies.
History
A concise historical narrative of NAICS Code 424490-53 covering global milestones and recent developments within the United States.
- The Provisions (Wholesale) industry has a long history dating back to the early days of human civilization when people started trading food and other goods. In the Middle Ages, provisions were essential for armies and navies, and the industry grew to meet the demand. In the 19th century, the development of railroads and refrigeration technology allowed for the transportation and storage of perishable goods, which further expanded the industry. In recent years, the industry has seen significant growth due to the increasing demand for organic and specialty foods, as well as the rise of e-commerce and online grocery shopping. In the United States, the industry has also been impacted by changing consumer preferences, such as the shift towards healthier and more sustainable food options.
Future Outlook for Provisions (Wholesale)
The anticipated future trajectory of the NAICS 424490-53 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Provisions (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for organic and natural food products. The industry is also expected to benefit from the growing trend of online grocery shopping. The COVID-19 pandemic has also increased the demand for wholesale food products as people are stocking up on essential items. The industry is expected to continue to grow in the coming years due to these factors.
Industry Innovations for NAICS Code 424490-53
Recent groundbreaking advancements and milestones in the Provisions (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Automation Of Warehouse and Distribution Processes: The Provisions (Wholesale) industry has seen a significant increase in the use of automation in warehouse and distribution processes. This has led to increased efficiency and reduced costs.
- Use Of Blockchain Technology: The use of blockchain technology has increased in the Provisions (Wholesale) industry. This technology is being used to track the origin of food products and ensure their safety.
- Increased Focus on Sustainability: The Provisions (Wholesale) industry has seen an increased focus on sustainability. Many companies are now using eco-friendly packaging and reducing their carbon footprint.
- Expansion Of Product Lines: Many companies in the Provisions (Wholesale) industry are expanding their product lines to include more organic and natural food products.
- Increased Use Of Data Analytics: The Provisions (Wholesale) industry is increasingly using data analytics to improve supply chain management and reduce costs.
NAICS Code 424490-53 - Provisions (Wholesale)
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