NAICS Code 424820-05 - Wines (Wholesale)
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NAICS Code 424820-05 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424820-05
Parent Code (less specific)
Tools
Tools commonly used in the Wines (Wholesale) industry for day-to-day tasks and operations.
- Wine storage tanks
- Wine barrels
- Wine presses
- Wine pumps
- Wine filters
- Wine bottling machines
- Wine lab equipment
- Wine fermentation tanks
- Wine temperature control systems
- Wine labeling machines
Industry Examples of Wines (Wholesale)
Common products and services typical of NAICS Code 424820-05, illustrating the main business activities and contributions to the market.
- Red wine blends
- White wine varietals
- Sparkling wine
- Rosé wine
- Chardonnay
- Pinot Noir
- Cabernet Sauvignon
- Merlot
- Sauvignon Blanc
- Zinfandel
Certifications, Compliance and Licenses for NAICS Code 424820-05 - Wines (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Alcohol and Tobacco Tax and Trade Bureau (TTB) Permit: A permit issued by the TTB that allows businesses to produce, import, bottle, or sell alcohol. This permit is required for all businesses that deal with alcohol in the US.
- Food and Drug Administration (FDA) Registration: A registration required for all food and beverage facilities that manufacture, process, pack, or store food, including wine.
- Safe Quality Food (SQF) Certification: A certification that ensures that food safety and quality management systems are in place and being followed. This certification is recognized by retailers and food service providers around the world.
- Hazard Analysis and Critical Control Points (HACCP) Certification: A certification that ensures that food safety hazards are identified and controlled throughout the production process. This certification is recognized by regulatory agencies and customers around the world.
- Global Food Safety Initiative (GFSI) Certification: A certification that ensures that food safety management systems meet international standards. This certification is recognized by retailers and food service providers around the world.
History
A concise historical narrative of NAICS Code 424820-05 covering global milestones and recent developments within the United States.
- The history of the "Wines (Wholesale)" industry dates back to ancient times when wine was first produced in the Middle East around 6000 BC. The industry has since grown and expanded globally, with notable advancements such as the development of wine barrels in the Roman Empire and the introduction of wine bottles in the 17th century. In the United States, the industry began to flourish in the 19th century with the establishment of wineries in California, which is now the largest wine-producing state in the country. In recent years, the industry has seen a rise in demand for organic and sustainable wines, as well as the emergence of online wine sales and direct-to-consumer shipping.
Future Outlook for Wines (Wholesale)
The anticipated future trajectory of the NAICS 424820-05 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 Wines (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for wine and the growing popularity of wine culture in the country. The rise in disposable income and changing consumer preferences towards premium and high-quality wines are also expected to drive the growth of the industry. Additionally, the increasing number of wineries and vineyards in the country is expected to boost the industry's growth. However, the industry may face challenges due to the increasing competition from imports and the rising popularity of craft beer and spirits. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 424820-05
Recent groundbreaking advancements and milestones in the Wines (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Online Wine Sales: With the increasing popularity of e-commerce, many wine wholesalers have started selling their products online, making it easier for customers to purchase wine from the comfort of their homes.
- Wine Clubs: Many wine wholesalers have started offering wine club subscriptions, where customers can receive a curated selection of wines every month, providing a convenient and personalized way to discover new wines.
- Sustainable and Organic Wines: With the growing concern for the environment, many wine wholesalers have started offering sustainable and organic wines, which are produced using environmentally friendly practices and are free from harmful chemicals.
- Wine Education: Many wine wholesalers have started offering wine education programs, such as wine tasting events and classes, to educate customers about different types of wines and help them make informed purchasing decisions.
- Wine Tourism: With the increasing popularity of wine culture, many wine wholesalers have started offering wine tourism packages, where customers can visit wineries and vineyards, learn about the wine-making process, and taste different wines.
NAICS Code 424820-05 - Wines (Wholesale)
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