Tools commonly used in the Sugar-Brokers & Wholesalers industry for day-to-day tasks and operations.

• Sugar testing equipment
• Scales and weighing machines
• Packaging machines
• Forklifts and pallet jacks
• Transportation vehicles (trucks, vans, etc.)
• Storage containers (bins, silos, etc.)
• Moisture meters
• Thermometers
• Hydrometers
• Sugar processing equipment

Common products and services typical of NAICS Code 425120-59, illustrating the main business activities and contributions to the market.

• Raw sugar wholesalers
• Refined sugar wholesalers
• Brown sugar wholesalers
• Cane sugar wholesalers
• Beet sugar wholesalers
• Liquid sugar wholesalers
• Powdered sugar wholesalers
• Organic sugar wholesalers
• Specialty sugar wholesalers
• Sugar cube wholesalers

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

• Hazard Analysis and Critical Control Points (HACCP): HACCP is a food safety management system that is required for food businesses to ensure that food is safe for consumption. Sugar-brokers and wholesalers must comply with HACCP regulations to ensure that the sugar they sell is safe for consumption. The certification is provided by the International HACCP Alliance.
• Safe Quality Food (SQF) Certification: SQF is a food safety management system that is recognized by the Global Food Safety Initiative (GFSI). Sugar-brokers and wholesalers can obtain SQF certification to demonstrate their commitment to food safety and quality. The certification is provided by the Safe Quality Food Institute.
• Certified Sugar Specialist: The Certified Sugar Specialist program is offered by the Sugar Association and is designed to provide education and training on the sugar industry. Sugar-brokers and wholesalers can obtain this certification to demonstrate their knowledge and expertise in the sugar industry.
• Certified Food Scientist: The Certified Food Scientist program is offered by the Institute of Food Technologists and is designed to provide education and training on food science. Sugar-brokers and wholesalers can obtain this certification to demonstrate their knowledge and expertise in food science.
• Certified Supply Chain Professional: The Certified Supply Chain Professional program is offered by the Association for Supply Chain Management and is designed to provide education and training on supply chain management. Sugar-brokers and wholesalers can obtain this certification to demonstrate their knowledge and expertise in supply chain management.

A concise historical narrative of NAICS Code 425120-59 covering global milestones and recent developments within the United States.

• The sugar trade has been a significant part of the global economy for centuries. The first recorded sugar trade dates back to the 8th century when Arab traders brought sugar from India to the Middle East. The sugar trade continued to grow, and by the 16th century, sugar was one of the most valuable commodities in the world. The sugar trade played a significant role in the colonization of the Americas, with European powers establishing sugar plantations in the Caribbean and South America. In the United States, the sugar industry began in the 18th century, with the first sugar refinery established in New York City in 1730. The industry continued to grow, and by the 19th century, the United States was one of the world's largest sugar producers. In the 20th century, the sugar industry faced challenges such as the rise of artificial sweeteners and increased competition from other sweeteners. Despite these challenges, the industry has continued to thrive, with sugar brokers and wholesalers playing a crucial role in the distribution of sugar products.

The anticipated future trajectory of the NAICS 425120-59 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The sugar-brokers and wholesalers industry in the USA is expected to experience steady growth in the coming years. The industry is expected to benefit from the increasing demand for sugar and sugar-based products, driven by the growing population and changing consumer preferences. The industry is also expected to benefit from the increasing use of sugar in the food and beverage industry, as well as the pharmaceutical industry. However, the industry may face challenges such as increasing competition, changing regulations, and fluctuating prices of sugar. Overall, the industry is expected to remain stable and continue to grow in the coming years.

Recent groundbreaking advancements and milestones in the Sugar-Brokers & Wholesalers industry, reflecting notable innovations that have reshaped its landscape.

• Sugar-brokers and wholesalers are increasingly using technology to improve their operations, such as using software to manage inventory and track sales.
• Some sugar-brokers and wholesalers are expanding their product offerings to include organic and natural sweeteners, in response to growing consumer demand for healthier options.
• The industry is also seeing increased collaboration between sugar-brokers and wholesalers and food and beverage manufacturers, as companies seek to streamline their supply chains and reduce costs.
• Some sugar-brokers and wholesalers are investing in sustainable and ethical sourcing practices, in response to growing consumer demand for environmentally and socially responsible products.
• The industry is also seeing increased consolidation, as larger companies acquire smaller ones to expand their market share and increase their bargaining power with suppliers.