NAICS Code 424510-03 - Seeds-Warehouse (Wholesale)
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NAICS Code 424510-03 Description (8-Digit)
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Tools
Tools commonly used in the Seeds-Warehouse (Wholesale) industry for day-to-day tasks and operations.
- Seed counters
- Seed treaters
- Seed drills
- Seed spreaders
- Seedling trays
- Soil moisture meters
- PH meters
- Fertilizer spreaders
- Irrigation systems
- Harvesting equipment
Industry Examples of Seeds-Warehouse (Wholesale)
Common products and services typical of NAICS Code 424510-03, illustrating the main business activities and contributions to the market.
- Vegetable seeds
- Flower seeds
- Grass seeds
- Fruit tree seeds
- Herb seeds
- Cover crop seeds
- Wildflower seeds
- Native plant seeds
- Organic seeds
- Heirloom seeds
Certifications, Compliance and Licenses for NAICS Code 424510-03 - Seeds-Warehouse (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Seed Dealer License: A license required by the US Department of Agriculture (USDA) for businesses that sell seeds in bulk. This license ensures that the seeds sold are of high quality and meet the standards set by the USDA. More information can be found on the USDA website:
- Organic Certification: A certification provided by the USDA for businesses that sell organic seeds. This certification ensures that the seeds sold are produced without the use of synthetic fertilizers, pesticides, or genetically modified organisms (GMOs). More information can be found on the USDA website:
- Phytosanitary Certificate: A certificate required by the USDA for businesses that export seeds. This certificate ensures that the seeds being exported are free from pests and diseases that could harm other countries' agriculture. More information can be found on the USDA website:
- Seed Testing: Seed testing is required by the USDA to ensure that the seeds being sold meet the standards set by the agency. Seed testing can be done by private laboratories or by the USDA. More information can be found on the USDA website:
- Good Agricultural Practices (GAP) Certification: A certification provided by the USDA for businesses that follow certain agricultural practices to ensure the safety and quality of their products. This certification is not specific to seeds, but it can be useful for businesses that sell seeds. More information can be found on the USDA website:
History
A concise historical narrative of NAICS Code 424510-03 covering global milestones and recent developments within the United States.
- The Seeds-Warehouse (Wholesale) industry has a long history dating back to the early days of agriculture. The first recorded instance of seed trading dates back to ancient Egypt, where farmers would exchange seeds with each other. In the 19th century, seed companies began to emerge in the United States, and by the early 20th century, the industry had become more organized. The development of hybrid seeds in the 1930s and 1940s revolutionized the industry, leading to increased yields and greater profits for farmers. In recent years, the industry has continued to evolve, with the rise of genetically modified seeds and the increasing use of precision agriculture technologies. Recent history in the United States has been marked by a number of significant developments in the Seeds-Warehouse (Wholesale) industry. In 2018, the global seed market was valued at $63.7 billion, with the United States accounting for a significant portion of that total. The industry has seen a number of mergers and acquisitions in recent years, with major players like Monsanto and Syngenta being acquired by larger companies. The industry has also been impacted by changing consumer preferences, with a growing demand for organic and non-GMO seeds.
Future Outlook for Seeds-Warehouse (Wholesale)
The anticipated future trajectory of the NAICS 424510-03 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 Seeds-Warehouse (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for organic and non-GMO seeds. The growing trend of home gardening and urban farming is also expected to drive the demand for seeds. The industry is also expected to benefit from the increasing awareness about the health benefits of consuming organic food. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of transportation. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 424510-03
Recent groundbreaking advancements and milestones in the Seeds-Warehouse (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Seed Quality Testing: Seed companies are investing in advanced seed quality testing technologies to ensure that the seeds they sell are of high quality and meet the required standards.
- Online Seed Sales: Many seed companies are now selling their products online, making it easier for customers to purchase seeds from the comfort of their homes.
- Seed Treatment: Seed companies are developing new seed treatment technologies to protect seeds from pests and diseases, which can help improve crop yields.
- Non-GMO Seeds: The demand for non-GMO seeds is increasing, and many seed companies are now offering a wide range of non-GMO seed varieties to meet this demand.
- Organic Seeds: The demand for organic seeds is also increasing, and many seed companies are now offering organic seed varieties to meet this demand.
- Seed Breeding: Seed companies are investing in seed breeding technologies to develop new seed varieties that are more resistant to pests and diseases, and can help improve crop yields.
- Seed Storage: Seed companies are investing in advanced seed storage technologies to ensure that seeds remain viable for longer periods of time, which can help reduce seed waste.
- Seed Packaging: Seed companies are developing new seed packaging technologies to ensure that seeds are protected during transportation and storage, which can help improve seed quality.
- Seed Education: Many seed companies are now offering educational resources to help customers learn more about seed planting, growing, and harvesting.
- Seed Diversity: Seed companies are working to increase the diversity of seed varieties they offer, which can help improve crop resilience and reduce the risk of crop failure.
NAICS Code 424510-03 - Seeds-Warehouse (Wholesale)
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