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

• Rice milling machines
• Rice grading machines
• Rice polishing machines
• Rice husking machines
• Rice cleaning machines
• Rice packaging machines
• Rice storage silos
• Rice moisture meters
• Rice color sorters
• Rice destoners

Common products and services typical of NAICS Code 424490-55, illustrating the main business activities and contributions to the market.

• White rice
• Brown rice
• Jasmine rice
• Basmati rice
• Wild rice
• Sushi rice
• Arborio rice
• Paella rice
• Risotto rice
• Sticky rice

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

• USDA Organic Certification: This certification is required for rice wholesalers who want to sell organic rice in the US. It ensures that the rice is grown and processed according to strict organic standards set by the USDA. The certification is provided by the USDA National Organic Program (NOP).
• Good Agricultural Practices (GAP) Certification: This certification is voluntary but highly recommended for rice wholesalers who want to ensure the safety and quality of their products. It covers all aspects of rice production, from planting to harvesting, and ensures that the rice is grown and processed in a safe and sustainable manner. The certification is provided by various organizations, including the USDA and Global GAP.
• Hazard Analysis and Critical Control Points (HACCP) Certification: This certification is required for rice wholesalers who want to ensure the safety of their products. It covers all aspects of rice production, from planting to packaging, and ensures that the rice is free from harmful contaminants and pathogens. The certification is provided by various organizations, including the International HACCP Alliance and NSF International.
• Safe Quality Food (SQF) Certification: This certification is voluntary but highly recommended for rice wholesalers who want to ensure the safety and quality of their products. It covers all aspects of rice production, from planting to packaging, and ensures that the rice meets strict food safety and quality standards. The certification is provided by the Safe Quality Food Institute (SQFI).
• Fair Trade Certification: This certification is voluntary but highly recommended for rice wholesalers who want to ensure that their products are ethically sourced and produced. It ensures that the rice is grown and processed in a fair and sustainable manner, and that the farmers and workers involved in the production are paid fairly. The certification is provided by various organizations, including Fairtrade International and Fair Trade USA.

A concise historical narrative of NAICS Code 424490-55 covering global milestones and recent developments within the United States.

• The rice industry has a long and rich history worldwide, dating back to ancient civilizations such as China and India. Rice cultivation and trade have played a significant role in the development of many cultures and economies throughout history. In the United States, rice cultivation began in the 17th century in the Carolinas and spread to other southern states. The wholesale rice industry in the US has seen significant growth in recent years due to the increasing demand for rice products, particularly in the foodservice industry. Notable advancements in the industry include the development of new rice varieties, improved harvesting and processing techniques, and the use of technology to improve efficiency and reduce waste.

The anticipated future trajectory of the NAICS 424490-55 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 Rice (Wholesale) industry in the USA is positive. The industry is expected to grow at a steady pace due to the increasing demand for rice in the country. The rise in the population of Asian and Hispanic communities in the USA is one of the major factors driving the growth of the industry. Additionally, the increasing popularity of rice-based dishes in the country is also contributing to the growth of the industry. The industry is also expected to benefit from the growing trend of healthy eating, as rice is considered a healthy food option. However, the industry may face challenges due to the increasing competition from other grains and the fluctuating prices of rice in the global market.

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

• Introduction Of New Rice Varieties: The Rice (Wholesale) industry in the USA has witnessed the introduction of new rice varieties that are more nutritious and flavorful. These new varieties are gaining popularity among consumers, which is driving the growth of the industry.
• Adoption Of New Technologies: The industry is adopting new technologies to improve the efficiency of the rice production process. For instance, the use of precision agriculture techniques is helping farmers to optimize the use of resources and increase the yield of rice crops.
• Expansion Of Distribution Networks: The industry is expanding its distribution networks to reach new markets. This is being done by establishing partnerships with retailers and foodservice providers to increase the availability of rice products in the market.
• Focus on Sustainability: The industry is focusing on sustainability by adopting eco-friendly practices in rice production. This includes the use of renewable energy sources, reducing water usage, and minimizing the use of pesticides and fertilizers.
• Increasing Demand for Organic Rice: The demand for organic rice is increasing in the USA, which is driving the growth of the industry. Consumers are becoming more health-conscious and are willing to pay a premium for organic rice products.