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NAICS Code 445250-01 Description (8-Digit)

Caviar (Retail) is a specialized industry that involves the sale of high-quality caviar to consumers. Caviar is a luxury food item that is made from the eggs of sturgeon fish, and is highly prized for its unique taste and texture. The industry is focused on providing customers with a range of caviar products that are sourced from reputable suppliers and are of the highest quality.

Hierarchy Navigation for NAICS Code 445250-01

Parent Code (less specific)

Tools

Tools commonly used in the Caviar (Retail) industry for day-to-day tasks and operations.

  • Caviar spoons
  • Caviar tongs
  • Caviar knives
  • Chilled display cases
  • Vacuum sealers
  • Refrigeration units
  • Scales
  • Packaging materials
  • Temperature monitoring devices
  • Caviar grading equipment

Industry Examples of Caviar (Retail)

Common products and services typical of NAICS Code 445250-01, illustrating the main business activities and contributions to the market.

  • Beluga caviar
  • Osetra caviar
  • Sevruga caviar
  • American sturgeon caviar
  • Hackleback caviar
  • Paddlefish caviar
  • Salmon roe caviar
  • Trout roe caviar
  • White sturgeon caviar
  • Siberian sturgeon caviar

Certifications, Compliance and Licenses for NAICS Code 445250-01 - Caviar (Retail)

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

  • CITES Permit: A permit issued by the US Fish and Wildlife Service that allows the import, export, or re-export of certain endangered species, including sturgeon, which is the fish that produces caviar. The permit ensures that the trade of these species is legal and sustainable. More information can be found on the US Fish and Wildlife Service website:
  • FDA Registration: Retailers of caviar must register with the US Food and Drug Administration (FDA) to ensure that their products meet the FDA's safety and labeling requirements. The registration process involves submitting information about the business and its products to the FDA. More information can be found on the FDA website:
  • HACCP Plan: A Hazard Analysis and Critical Control Points (HACCP) plan is a food safety management system that identifies and controls potential hazards in the production process. Retailers of caviar must have a HACCP plan in place to ensure that their products are safe for consumption. More information can be found on the FDA website:
  • USDC Seafood Inspection: The US Department of Commerce (USDC) provides voluntary inspection services for seafood products, including caviar. Retailers can request inspection services to ensure that their products meet certain quality standards. More information can be found on the USDC website:
  • Kosher Certification: Some consumers may prefer to purchase kosher-certified caviar, which means that the product meets certain dietary restrictions and has been prepared according to Jewish law. The Orthodox Union is one organization that provides kosher certification for caviar. More information can be found on the Orthodox Union website:

History

A concise historical narrative of NAICS Code 445250-01 covering global milestones and recent developments within the United States.

  • Caviar has been a delicacy for centuries, with its origins dating back to the Persian Empire. The industry has seen many milestones, including the development of sturgeon farming in the 19th century, which allowed for more consistent production of caviar. In the 20th century, the industry faced challenges due to overfishing and environmental concerns, leading to the implementation of regulations and conservation efforts. In recent years, the industry has seen a resurgence in popularity, with a growing demand for sustainable and high-quality caviar. In the United States, the industry has also faced challenges due to import restrictions and changing consumer preferences, but has adapted by offering a wider variety of caviar options and emphasizing sustainable sourcing practices.

Future Outlook for Caviar (Retail)

The anticipated future trajectory of the NAICS 445250-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Caviar (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for luxury food products. The growing popularity of gourmet food and the increasing disposable income of consumers are the major factors driving the growth of the industry. The industry is also expected to benefit from the increasing popularity of online retail channels. However, the industry may face challenges due to the high cost of caviar and the increasing competition from substitute products. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 445250-01

Recent groundbreaking advancements and milestones in the Caviar (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Sustainable Caviar: Some companies are now producing caviar in a sustainable way, which is becoming increasingly popular among consumers who are concerned about the environment.
  • New Flavors: Some companies are now offering caviar in new and innovative flavors, such as truffle and wasabi, to appeal to a wider range of consumers.
  • Online Retail: Many companies are now selling caviar online, which is becoming increasingly popular among consumers who prefer the convenience of online shopping.
  • Luxury Packaging: Some companies are now offering caviar in luxury packaging, such as gold tins and crystal jars, to appeal to consumers who are looking for a premium product.
  • Health Benefits: Some companies are now promoting the health benefits of caviar, such as its high omega-3 content, to appeal to health-conscious consumers.

NAICS Code 445250-01 - Caviar (Retail)

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