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

• Peanut shelling machines
• Sorting machines
• Cleaning equipment
• Conveyor belts
• Packaging machines
• Weighing scales
• Forklifts
• Pallet jacks
• Storage containers
• Moisture meters

Common products and services typical of NAICS Code 424590-12, illustrating the main business activities and contributions to the market.

• Peanut butter manufacturers
• Snack food companies
• Bakeries
• Confectionery manufacturers
• Health food stores
• Grocery stores
• Wholesale food distributors
• Animal feed manufacturers
• Ethnic food markets
• Nut roasting companies

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

• USDA Organic Certification: This certification is required for peanuts that are grown and sold as organic. It ensures that the peanuts are grown without the use of synthetic fertilizers, pesticides, or genetically modified organisms. The certification is provided by the United States Department of Agriculture (USDA).
• Hazard Analysis and Critical Control Points (HACCP) Certification: This certification is required for businesses that handle, process, or sell food products. It ensures that the business has implemented a food safety management system that identifies and controls potential hazards. The certification is provided by various organizations accredited by the International HACCP Alliance.
• Good Agricultural Practices (GAP) Certification: This certification is required for farms that grow peanuts. It ensures that the farm has implemented practices that minimize the risk of contamination of the peanuts with harmful bacteria or other substances. The certification is provided by various organizations accredited by the USDA.
• Good Manufacturing Practices (GMP) Certification: This certification is required for businesses that manufacture or process food products. It ensures that the business has implemented practices that ensure the safety and quality of the products. The certification is provided by various organizations accredited by the Global Food Safety Initiative (GFSI).
• Food and Drug Administration (FDA) Registration: This registration is required for businesses that manufacture, process, pack, or hold food products for consumption in the United States. It ensures that the business complies with the FDA's regulations for food safety. The registration is provided by the FDA.

A concise historical narrative of NAICS Code 424590-12 covering global milestones and recent developments within the United States.

• The "Peanuts (Wholesale)" industry has a long history dating back to the 19th century when peanuts were first introduced to the United States. The industry has seen significant growth and development over the years, with notable advancements in the production, processing, and distribution of peanuts. In the early 1900s, George Washington Carver, a renowned scientist, developed new uses for peanuts, including peanut butter, which became a popular food item. During World War II, the demand for peanuts increased, and the industry experienced a surge in production. In recent years, the industry has faced challenges due to the increasing competition from other snack foods and the rising concerns over peanut allergies. However, the industry has adapted to these challenges by introducing new products and investing in research and development to improve the quality and safety of peanuts. In the United States, the "Peanuts (Wholesale)" industry has seen significant growth in recent years, driven by the increasing demand for healthy and natural snack foods. The industry has also benefited from the growing popularity of peanut butter and other peanut-based products. In 2019, the industry generated over $1.5 billion in revenue, and it is expected to continue to grow in the coming years. The industry has also faced challenges, including the impact of climate change on peanut production and the increasing concerns over food safety. However, the industry has responded to these challenges by investing in new technologies and sustainable farming practices to ensure the long-term viability of the industry.

The anticipated future trajectory of the NAICS 424590-12 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 Peanuts (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for peanuts and peanut-based products. The growing popularity of healthy snacking options and the use of peanuts in various cuisines are some of the factors driving the growth of the industry. Additionally, the increasing awareness about the health benefits of peanuts, such as their high protein and fiber content, is expected to boost the demand for peanuts in the USA. The industry is also expected to benefit from the growing demand for organic and non-GMO peanuts. However, the industry may face challenges due to the fluctuating prices of peanuts and the increasing competition from other nut-based products. Overall, the Peanuts (Wholesale) industry in the USA is expected to grow steadily in the coming years.

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

• Peanut-Based Snacks: The industry has seen a rise in the popularity of peanut-based snacks, such as peanut butter-filled pretzels and peanut butter cups. These snacks are gaining popularity due to their taste and nutritional value.
• Peanut-Based Protein Powders: The industry has seen an increase in the demand for peanut-based protein powders due to the high protein content of peanuts. These powders are used by athletes and fitness enthusiasts as a source of protein.
• Non-GMO Peanuts: The industry has seen a rise in the demand for non-GMO peanuts due to the increasing awareness about the health risks associated with GMOs. Many companies are now offering non-GMO peanuts to cater to this demand.
• Peanut-Based Milk Alternatives: The industry has seen an increase in the demand for peanut-based milk alternatives, such as peanut milk and peanut butter milk. These milk alternatives are gaining popularity among consumers who are lactose intolerant or looking for plant-based milk alternatives.
• Peanut-Based Sauces: The industry has seen a rise in the popularity of peanut-based sauces, such as peanut sauce and satay sauce. These sauces are used in various cuisines and are gaining popularity due to their taste and versatility.