NAICS Code 424910-09 - Feed Concentrates & Supplements (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 424910-09 Description (8-Digit)

Feed Concentrates & Supplements (Wholesale) is a subdivision of the Farm Supplies Merchant Wholesalers industry that specializes in the distribution of animal feed concentrates and supplements to retailers and other wholesalers. These products are designed to provide additional nutrients and vitamins to animals, such as livestock, poultry, and pets, to supplement their regular diet. The industry plays a crucial role in ensuring that animals receive the necessary nutrients to maintain their health and productivity.

Hierarchy Navigation for NAICS Code 424910-09

Tools

Tools commonly used in the Feed Concentrates & Supplements (Wholesale) industry for day-to-day tasks and operations.

  • Feed mixers
  • Pellet mills
  • Grain dryers
  • Conveyor systems
  • Scales and weighing equipment
  • Bagging machines
  • Augers
  • Hammer mills
  • Silos and storage bins
  • Feed grinders

Industry Examples of Feed Concentrates & Supplements (Wholesale)

Common products and services typical of NAICS Code 424910-09, illustrating the main business activities and contributions to the market.

  • Livestock feed concentrates
  • Poultry feed supplements
  • Pet food additives
  • Equine feed concentrates
  • Aquaculture feed supplements
  • Swine feed concentrates
  • Dairy feed supplements
  • Sheep and goat feed concentrates
  • Game bird feed supplements
  • Rabbit feed concentrates

Certifications, Compliance and Licenses for NAICS Code 424910-09 - Feed Concentrates & Supplements (Wholesale)

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

  • Safe Feed/safe Food Certification: This certification is provided by the Safe Feed/Safe Food Certification Program and ensures that the feed and food produced by the industry is safe for consumption by animals. The certification is based on the Hazard Analysis and Critical Control Points (HACCP) principles and is recognized by the Global Food Safety Initiative (GFSI).
  • American Feed Industry Association (AFIA) Certification: The AFIA offers several certifications for the feed industry, including the Feed Industry Institute (FII) certification, the Pet Food Manufacturing Facility Certification, and the Safe Feed/Safe Food Certification. These certifications ensure that the industry is following best practices and producing safe and high-quality feed products.
  • National Animal Supplement Council (NASC) Certification: The NASC provides a certification program for animal supplements, including feed concentrates and supplements. The certification ensures that the products are safe, pure, and effective for animal use.
  • Good Manufacturing Practices (GMP) Certification: The GMP certification is provided by the International Organization for Standardization (ISO) and ensures that the industry is following best practices for manufacturing, packaging, and labeling of feed products. The certification is recognized globally and ensures that the products are safe and of high quality.
  • Organic Certification: The USDA provides an organic certification program for feed products that are produced without the use of synthetic fertilizers, pesticides, or genetically modified organisms (GMOs). The certification ensures that the products are produced in an environmentally friendly and sustainable manner.

History

A concise historical narrative of NAICS Code 424910-09 covering global milestones and recent developments within the United States.

  • The "Feed Concentrates & Supplements (Wholesale)" industry has a long history dating back to the early 20th century when farmers started to realize the importance of providing their livestock with a balanced diet. In the 1920s, the first commercial feed mills were established in the United States, and by the 1950s, the industry had grown significantly, with the introduction of new technologies and the development of new feed formulations. In the 1970s, the industry experienced a major shift towards more specialized feed products, such as those designed for specific animal species or stages of growth. In recent years, the industry has continued to evolve, with a growing focus on sustainability and the use of alternative protein sources, such as insect meal and algae. In the United States, the "Feed Concentrates & Supplements (Wholesale)" industry has seen steady growth over the past decade, driven by increasing demand for high-quality animal feed products. The industry has benefited from advances in technology, which have allowed for more precise formulations and better quality control. In addition, the industry has responded to changing consumer preferences, with a growing focus on organic and non-GMO feed products. Despite these positive trends, the industry faces challenges, including rising input costs and increased competition from alternative protein sources. Overall, the "Feed Concentrates & Supplements (Wholesale)" industry is poised for continued growth in the coming years, driven by increasing demand for high-quality animal feed products and a growing focus on sustainability.

Future Outlook for Feed Concentrates & Supplements (Wholesale)

The anticipated future trajectory of the NAICS 424910-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Feed Concentrates & Supplements (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for animal feed and supplements. The growing population and increasing demand for meat and dairy products are driving the demand for animal feed. Additionally, the trend towards organic and natural animal feed is expected to boost the industry's growth. The industry is also expected to benefit from technological advancements in the manufacturing process, which will increase efficiency and reduce costs. However, the industry may face challenges due to the volatility of commodity prices and the increasing competition from imports. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424910-09

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

  • The Use Of Probiotics In Animal Feed: Probiotics are live bacteria that are beneficial to animal health. The use of probiotics in animal feed has been shown to improve animal health and performance, reduce the need for antibiotics, and increase feed efficiency.
  • The Development Of Precision Feeding Technology: Precision feeding technology uses sensors and software to monitor animal feed intake and adjust feed rations accordingly. This technology can improve feed efficiency, reduce waste, and improve animal health.
  • The Use Of Alternative Protein Sources In Animal Feed: The use of alternative protein sources such as insect meal, algae, and single-cell protein in animal feed is gaining popularity. These protein sources are more sustainable and environmentally friendly than traditional protein sources such as soybean meal and fishmeal.
  • The Development Of Customized Feed Blends: Customized feed blends are becoming more popular as farmers seek to optimize animal health and performance. These blends are tailored to the specific needs of each animal and can include a variety of ingredients such as vitamins, minerals, and probiotics.
  • The Use Of Blockchain Technology In the Supply Chain: Blockchain technology is being used to improve transparency and traceability in the animal feed supply chain. This technology can help to ensure the safety and quality of animal feed and reduce the risk of contamination.

NAICS Code 424910-09 - Feed Concentrates & Supplements (Wholesale)

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