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NAICS Code 445298-14 Description (8-Digit)

The Herbs (Retail) industry involves the sale of various herbs and herbal products to consumers. This includes dried herbs, fresh herbs, herbal supplements, and herbal teas. The industry caters to individuals who are interested in alternative medicine, natural remedies, and healthy living. The herbs sold in this industry are often used for culinary purposes, medicinal purposes, or for aromatherapy. The industry is highly competitive and requires businesses to stay up-to-date with the latest trends and consumer demands.

Hierarchy Navigation for NAICS Code 445298-14

Tools

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

  • Mortar and pestle
  • Dehydrator
  • Herb grinder
  • Infuser
  • Digital scale
  • Herb scissors
  • Herb stripper
  • Herb drying rack
  • Herb storage containers
  • Essential oil distiller

Industry Examples of Herbs (Retail)

Common products and services typical of NAICS Code 445298-14, illustrating the main business activities and contributions to the market.

  • Herbal supplements
  • Dried herbs
  • Fresh herbs
  • Herbal teas
  • Aromatherapy products
  • Herbal tinctures
  • Herbal salves
  • Herbal extracts
  • Herbal capsules
  • Herbal powders

Certifications, Compliance and Licenses for NAICS Code 445298-14 - Herbs (Retail)

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

  • Good Agricultural Practices (GAP): GAP is a voluntary audit program that verifies that fruits and vegetables are produced, packed, handled, and stored as safely as possible to minimize risks of microbial food safety hazards. The USDA provides GAP certification.
  • Organic Certification: Organic certification is a certification process for producers of organic food and other organic agricultural products. The USDA provides organic certification.
  • Hazard Analysis and Critical Control Points (HACCP): HACCP is a management system in which food safety is addressed through the analysis and control of biological, chemical, and physical hazards from raw material production, procurement and handling, to manufacturing, distribution, and consumption of the finished product. The FDA provides HACCP certification.
  • Food Safety Modernization Act (FSMA): FSMA is a set of regulations that aim to ensure the safety of the U.S. food supply by shifting the focus from responding to contamination to preventing it. Compliance with FSMA regulations is mandatory for all food facilities in the U.S.
  • National Organic Program (NOP): NOP is a regulatory program that develops and enforces uniform national standards for organically-produced agricultural products sold in the United States. The USDA provides NOP certification.

History

A concise historical narrative of NAICS Code 445298-14 covering global milestones and recent developments within the United States.

  • The use of herbs for medicinal and culinary purposes dates back to ancient times, with evidence of their use found in Egyptian and Chinese cultures. In the Middle Ages, herbs were widely used in Europe for medicinal purposes, and by the 16th century, the use of herbs for culinary purposes had become popular. In the United States, the use of herbs for medicinal purposes dates back to the Native American cultures, and the use of herbs for culinary purposes became popular in the 19th century. In recent years, the demand for herbs has increased due to the growing interest in natural and organic products, as well as the popularity of alternative medicine. The use of herbs has also expanded beyond culinary and medicinal purposes, with the development of herbal supplements, aromatherapy, and natural beauty products.

Future Outlook for Herbs (Retail)

The anticipated future trajectory of the NAICS 445298-14 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 Herbs (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for natural and organic products. The growing awareness among consumers about the health benefits of herbs is driving the demand for these products. Additionally, the increasing popularity of alternative medicine and natural remedies is also contributing to the growth of the industry. The COVID-19 pandemic has also led to an increase in demand for herbs and other natural products as consumers are looking for ways to boost their immune system. The industry is expected to continue to grow in the coming years as consumers become more health-conscious and demand for natural products continues to increase.

Industry Innovations for NAICS Code 445298-14

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

  • Online Sales: With the increasing popularity of e-commerce, many retailers in the Herbs (Retail) industry are now selling their products online. This has made it easier for consumers to purchase herbs and other natural products from the comfort of their own homes.
  • New Product Launches: Many companies in the industry are launching new products to meet the changing needs of consumers. For example, some companies are now offering herbal supplements that are specifically designed to boost the immune system.
  • Sustainable Packaging: Many companies in the industry are now using sustainable packaging materials to reduce their environmental impact. This includes using biodegradable packaging materials and reducing the amount of plastic used in packaging.
  • Increased Focus on Quality: With the growing demand for natural products, many companies in the industry are now focusing on improving the quality of their products. This includes using high-quality ingredients and ensuring that their products are free from contaminants.
  • Expansion Into New Markets: Some companies in the industry are now expanding into new markets, such as the beauty and personal care industry. This has allowed them to reach new customers and increase their revenue.

NAICS Code 445298-14 - Herbs (Retail)

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