NAICS Code 445110-07 - Grocers-Health Foods (Retail)
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NAICS Code 445110-07 Description (8-Digit)
Hierarchy Navigation for NAICS Code 445110-07
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Tools
Tools commonly used in the Grocers-Health Foods (Retail) industry for day-to-day tasks and operations.
- Point of Sale (POS) systems
- Inventory management software
- Barcode scanners
- Label printers
- Digital scales
- Food processors
- Juicers
- Blenders
- Dehydrators
- Refrigeration units
- Freezers
- Shelving units
- Shopping carts
- Handheld baskets
- Cash registers
- Credit card terminals
- Security cameras
- Cleaning supplies
- Display cases
Industry Examples of Grocers-Health Foods (Retail)
Common products and services typical of NAICS Code 445110-07, illustrating the main business activities and contributions to the market.
- Organic produce
- Gluten-free products
- Non-GMO foods
- Vegan and vegetarian options
- Plant-based protein powders
- Herbal supplements
- Essential oils
- Natural sweeteners
- Whole grain breads
- Raw nuts and seeds
- Fermented foods
- Dairy alternatives
- Sugar-free snacks
- Paleo-friendly products
- Superfoods
- Probiotics
- Sports nutrition products
- Ayurvedic herbs
- Health and beauty products
Certifications, Compliance and Licenses for NAICS Code 445110-07 - Grocers-Health Foods (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- USDA Organic Certification: This certification is required for any product that is labeled as organic and is issued by the United States Department of Agriculture (USDA). It ensures that the product has been produced and processed according to strict federal guidelines.
- Non-GMO Project Verification: This certification is issued by the Non-GMO Project, a non-profit organization that verifies that a product does not contain genetically modified organisms (GMOs). It is becoming increasingly important for health food retailers to carry non-GMO products.
- Gluten-Free Certification: This certification is issued by the Gluten-Free Certification Organization (GFCO) and verifies that a product is gluten-free. It is important for health food retailers to carry gluten-free products for customers with celiac disease or gluten intolerance.
- Fair Trade Certification: This certification is issued by Fair Trade USA and ensures that a product has been produced and traded in an ethical and sustainable manner. It is important for health food retailers to carry fair trade products to support ethical and sustainable practices.
- Certified B Corporation: This certification is issued by B Lab and verifies that a company meets rigorous standards of social and environmental performance, accountability, and transparency. It is important for health food retailers to carry products from B Corps to support companies that prioritize social and environmental responsibility.
History
A concise historical narrative of NAICS Code 445110-07 covering global milestones and recent developments within the United States.
- The "Grocers-Health Foods (Retail)" industry has a long history dating back to the early 20th century when the first health food stores were established in the United States. These stores were founded on the principles of healthy eating and natural remedies, and they quickly gained popularity among health-conscious consumers. In the 1960s and 1970s, the industry experienced a surge in growth due to the growing interest in natural and organic foods. This led to the establishment of many new health food stores and the expansion of existing ones. In recent years, the industry has continued to grow, driven by the increasing demand for healthy and organic foods, as well as the growing awareness of the importance of a healthy lifestyle. In the United States, the "Grocers-Health Foods (Retail)" industry has seen significant growth in recent years. According to a report by Statista, the industry generated approximately $32 billion in revenue in 2020, up from $25 billion in 2015. This growth can be attributed to several factors, including the increasing demand for organic and natural foods, the growing popularity of plant-based diets, and the rising awareness of the health benefits of these foods. Additionally, the COVID-19 pandemic has led to a surge in demand for health foods, as consumers have become more health-conscious and focused on boosting their immune systems. Overall, the "Grocers-Health Foods (Retail)" industry has a bright future ahead, driven by the increasing demand for healthy and organic foods.
Future Outlook for Grocers-Health Foods (Retail)
The anticipated future trajectory of the NAICS 445110-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Grocers-Health Foods (Retail) industry in the USA is positive. The industry is expected to continue to grow due to the increasing demand for healthy and organic food products. The COVID-19 pandemic has also led to a surge in demand for health foods as consumers become more health-conscious. The industry is also expected to benefit from the growing trend of online grocery shopping. However, the industry may face challenges such as increasing competition from traditional grocery stores that are expanding their health food offerings and rising costs of raw materials. Overall, the industry is expected to continue to grow in the coming years.
Industry Innovations for NAICS Code 445110-07
Recent groundbreaking advancements and milestones in the Grocers-Health Foods (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Plant-Based Meat Alternatives: The industry has seen a surge in demand for plant-based meat alternatives such as Beyond Meat and Impossible Foods, which are becoming increasingly popular among health-conscious consumers.
- Organic Food Products: The demand for organic food products has been on the rise in recent years, and the industry has responded by offering a wider range of organic products.
- Health Food Subscription Services: Companies such as Thrive Market and Sun Basket offer health food subscription services, which have become increasingly popular among consumers who want to eat healthy but don't have the time to shop for groceries.
- Online Grocery Shopping: The COVID-19 pandemic has led to a surge in demand for online grocery shopping, and the industry has responded by expanding its online offerings.
- Health Food Vending Machines: Some companies are experimenting with health food vending machines, which offer a convenient way for consumers to purchase healthy snacks and drinks on the go.
NAICS Code 445110-07 - Grocers-Health Foods (Retail)
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