NAICS Code 424910-13 - Feed (Wholesale)
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NAICS Code 424910-13 Description (8-Digit)
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Tools
Tools commonly used in the Feed (Wholesale) industry for day-to-day tasks and operations.
- Feed mixers
- Grain dryers
- Silos
- Conveyor systems
- Bagging machines
- Weighing scales
- Bale processors
- Hay rakes
- Feed grinders
- Feed bins
Industry Examples of Feed (Wholesale)
Common products and services typical of NAICS Code 424910-13, illustrating the main business activities and contributions to the market.
- Livestock feed
- Poultry feed
- Pet food
- Fish feed
- Horse feed
- Deer feed
- Game bird feed
- Rabbit feed
- Sheep feed
- Goat feed
Certifications, Compliance and Licenses for NAICS Code 424910-13 - Feed (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 program and ensures that the feed produced is safe for animals and humans. The certification covers the entire supply chain from the sourcing of raw materials to the production of finished feed products.
- Hazard Analysis and Critical Control Points (HACCP) Certification: This certification is provided by the International HACCP Alliance and ensures that the feed produced is safe for animals and humans. The certification covers the entire supply chain from the sourcing of raw materials to the production of finished feed products.
- Good Manufacturing Practices (GMP) Certification: This certification is provided by the American Feed Industry Association and ensures that the feed produced is of high quality and meets the regulatory requirements. The certification covers the entire supply chain from the sourcing of raw materials to the production of finished feed products.
- Organic Certification: This certification is provided by the United States Department of Agriculture (USDA) and ensures that the feed produced is organic and meets the regulatory requirements. The certification covers the entire supply chain from the sourcing of raw materials to the production of finished feed products.
- Non-GMO Project Verification: This verification is provided by the Non-GMO Project and ensures that the feed produced is free from genetically modified organisms (GMOs). The verification covers the entire supply chain from the sourcing of raw materials to the production of finished feed products.
History
A concise historical narrative of NAICS Code 424910-13 covering global milestones and recent developments within the United States.
- The "Feed (Wholesale)" industry has a long history dating back to the early 19th century when farmers began to realize the importance of providing their livestock with a balanced diet. The industry has since grown to become a vital part of the agricultural sector, providing animal feed to farmers and ranchers across the world. In the United States, the industry experienced significant growth during the 20th century, with the introduction of new technologies and advancements in animal nutrition. For example, in the 1950s, the use of antibiotics in animal feed became widespread, leading to improved animal health and increased productivity. In recent years, the industry has faced challenges such as rising feed costs and increased competition from alternative protein sources, but it continues to play a crucial role in the global food supply chain.
Future Outlook for Feed (Wholesale)
The anticipated future trajectory of the NAICS 424910-13 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 Feed (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for animal feed from the livestock industry. The growing population and increasing demand for meat and dairy products are driving the demand for animal feed. Additionally, the increasing awareness of the benefits of organic and natural feed is expected to drive the growth of the industry. The industry is also expected to benefit from the increasing adoption of technology in the production and distribution of animal feed. However, the industry may face challenges such as the volatility of commodity prices and the increasing competition from substitute products. Overall, the Feed (Wholesale) industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 424910-13
Recent groundbreaking advancements and milestones in the Feed (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Feeding Systems: Smart feeding systems are being developed to optimize the feeding process and reduce waste. These systems use sensors and data analytics to monitor the feeding process and adjust the feed according to the animal's needs. This technology is expected to improve the efficiency of the feeding process and reduce the environmental impact of the livestock industry.
- Plant-Based Feed: Plant-based feed is gaining popularity as an alternative to traditional animal feed. This feed is made from plant-based ingredients such as soybeans, peas, and corn. Plant-based feed is considered more sustainable and environmentally friendly than traditional animal feed. The increasing demand for plant-based products is expected to drive the growth of this segment.
- Traceability Systems: Traceability systems are being developed to track the origin and quality of animal feed. These systems use blockchain technology to create a transparent and secure supply chain. This technology is expected to improve the safety and quality of animal feed and increase consumer trust.
- Precision Feeding: Precision feeding is a technology that uses data analytics to optimize the feeding process. This technology uses sensors to monitor the animal's behavior and adjust the feed accordingly. Precision feeding is expected to improve the efficiency of the feeding process and reduce the environmental impact of the livestock industry.
- Nutrigenomics: Nutrigenomics is a technology that uses genetic information to optimize the animal's diet. This technology uses genetic testing to identify the animal's nutritional needs and develop a customized diet. Nutrigenomics is expected to improve the efficiency of the feeding process and reduce the environmental impact of the livestock industry.
NAICS Code 424910-13 - Feed (Wholesale)
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