NAICS Code 424490-59 - Soft Drinks (Wholesale)
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NAICS Code 424490-59 Description (8-Digit)
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Tools
Tools commonly used in the Soft Drinks (Wholesale) industry for day-to-day tasks and operations.
- Beverage dispensers
- Carbonation systems
- Bottle filling machines
- Can filling machines
- Carton filling machines
- Labeling machines
- Pallet jacks
- Forklifts
- Hand trucks
- Conveyor systems
- Shrink wrapping machines
- Pallet wrapping machines
- Inventory management software
- Order management software
- Transportation management software
- Customer relationship management software
- Accounting software
- Data analytics software
Industry Examples of Soft Drinks (Wholesale)
Common products and services typical of NAICS Code 424490-59, illustrating the main business activities and contributions to the market.
- Cola beverages
- Lemon-lime beverages
- Orange beverages
- Root beer
- Ginger ale
- Tonic water
- Club soda
- Energy drinks
- Sports drinks
- Flavored water
Certifications, Compliance and Licenses for NAICS Code 424490-59 - Soft Drinks (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 and beverage industries in the US. It identifies potential hazards in the production process and establishes critical control points to prevent them. The certification is provided by the International HACCP Alliance.
- Safe Quality Food (SQF): SQF is a food safety and quality 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, from supplier management to product traceability. The certification is provided by the Safe Quality Food Institute.
- Good Manufacturing Practices (GMP): GMP is a set of guidelines that ensure that 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 International Organization for Standardization (ISO).
- National Organic Program (NOP): NOP is a certification program that ensures that organic products meet strict USDA standards. It covers all aspects of production, from soil management to labeling. The certification is provided by the USDA.
- Kosher Certification: Kosher certification ensures that products meet Jewish dietary laws. It covers all aspects of production, from ingredients to equipment. The certification is provided by various organizations, such as the Orthodox Union.
History
A concise historical narrative of NAICS Code 424490-59 covering global milestones and recent developments within the United States.
- The soft drinks industry has a long and fascinating history, dating back to the late 18th century when carbonated water was first invented. In 1767, Joseph Priestley discovered a method of infusing water with carbon dioxide, which led to the creation of the first carbonated soft drink. The first commercial soft drink was produced in 1783 by Jacob Schweppe, who founded the Schweppes Company. In the 19th century, the soft drink industry began to grow rapidly, with the introduction of new flavors and the development of bottling technology. In the early 20th century, Coca-Cola and Pepsi-Cola were introduced, and they quickly became two of the most popular soft drinks in the world. In recent history, the soft drinks industry has faced a number of challenges, including concerns about the health effects of sugary drinks and the rise of alternative beverages such as energy drinks and bottled water. In response, many soft drink companies have introduced new products, such as low-calorie and sugar-free drinks, and have focused on marketing their products to health-conscious consumers. Despite these challenges, the soft drinks industry remains a major player in the global beverage market, with a wide range of products and a loyal customer base.
Future Outlook for Soft Drinks (Wholesale)
The anticipated future trajectory of the NAICS 424490-59 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 Soft Drinks (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for soft drinks in the country. The industry is also expected to benefit from the growing health consciousness among consumers, which has led to the demand for low-sugar and low-calorie soft drinks. The industry is also expected to benefit from the increasing popularity of energy drinks and sports drinks. The industry is expected to face challenges due to the increasing competition from private label brands and the growing demand for healthier beverages. However, the industry is expected to overcome these challenges by focusing on innovation and product differentiation.
Industry Innovations for NAICS Code 424490-59
Recent groundbreaking advancements and milestones in the Soft Drinks (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Coca-Cola introduced a new line of energy drinks called Coca-Cola Energy in the USA in 2020. The new line of energy drinks is expected to compete with other energy drink brands in the market.
- PepsiCo launched a new line of sparkling water called Bubly in 2018. The new line of sparkling water is expected to compete with other sparkling water brands in the market.
- Keurig Dr Pepper launched a new line of carbonated soft drinks called Dr Pepper & Cream Soda in 2020. The new line of carbonated soft drinks is expected to compete with other carbonated soft drink brands in the market.
- Monster Beverage Corporation launched a new line of energy drinks called Reign Total Body Fuel in 2019. The new line of energy drinks is expected to compete with other energy drink brands in the market.
- Coca-Cola introduced a new line of flavored sparkling water called AHA in 2020. The new line of flavored sparkling water is expected to compete with other flavored sparkling water brands in the market.
NAICS Code 424490-59 - Soft Drinks (Wholesale)
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