NAICS Code 445298-15 - Imported Foods (Retail)
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NAICS Code 445298-15 Description (8-Digit)
Hierarchy Navigation for NAICS Code 445298-15
Parent Code (less specific)
Tools
Tools commonly used in the Imported Foods (Retail) industry for day-to-day tasks and operations.
- Customs and Border Protection (CBP) forms and procedures
- International trade agreements and regulations
- Freight forwarding services
- Quality control and inspection tools
- Inventory management software
- Point of sale (POS) systems
- Online marketplaces and e-commerce platforms
- Marketing and advertising tools
- Translation services
- Packaging and labeling equipment
Industry Examples of Imported Foods (Retail)
Common products and services typical of NAICS Code 445298-15, illustrating the main business activities and contributions to the market.
- Italian pasta
- French cheese
- Spanish olives
- Japanese sushi
- Indian spices
- Thai curry paste
- Mexican hot sauce
- German sausages
- Greek yogurt
- British tea
Certifications, Compliance and Licenses for NAICS Code 445298-15 - Imported 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 food product that is labeled as organic. It ensures that the product has been produced and processed according to USDA organic regulations. The certification is provided by the USDA National Organic Program.
- FDA Food Facility Registration: This registration is required for any facility that manufactures, processes, packs, or holds food for consumption in the United States. It ensures that the facility is compliant with FDA regulations. The registration is provided by the FDA.
- HACCP Certification: This certification is required for any food business that wants to implement a Hazard Analysis and Critical Control Points (HACCP) system. It ensures that the business has identified and controlled potential hazards in its food production process. The certification is provided by various organizations accredited by the International HACCP Alliance.
- FSMA Compliance: The Food Safety Modernization Act (FSMA) is a set of regulations that aim to prevent foodborne illness. Compliance with FSMA is required for all food businesses in the United States. It includes requirements for hazard analysis, preventive controls, and supply chain management. Compliance is enforced by the FDA.
- Fair Trade Certification: This certification is not required by law, but it is becoming increasingly important for businesses that want to demonstrate their commitment to ethical and sustainable practices. It ensures that the product has been produced and traded in a way that is fair to farmers and workers. The certification is provided by various organizations, including Fairtrade International and Fair Trade USA.
History
A concise historical narrative of NAICS Code 445298-15 covering global milestones and recent developments within the United States.
- The history of the Imported Foods (Retail) industry dates back to ancient times when traders and explorers traveled the world in search of new and exotic goods. The Silk Road, for example, was a network of trade routes that connected the East and West, allowing for the exchange of goods such as spices, tea, and silk. In the 15th century, European explorers such as Christopher Columbus and Vasco da Gama discovered new lands and brought back exotic foods such as cocoa, potatoes, and tomatoes. In the United States, the industry began to take shape in the late 19th century when immigrants brought their traditional foods with them. Today, the industry continues to thrive as consumers seek out new and unique flavors from around the world. In recent history, the Imported Foods (Retail) industry in the United States has seen significant growth due to several factors. One of the main drivers of growth has been the increasing diversity of the population, which has led to a greater demand for ethnic foods. In addition, the rise of e-commerce has made it easier for consumers to purchase imported foods online, which has opened up new markets for retailers. Finally, the trend towards healthier eating has also had an impact on the industry, as consumers seek out foods that are free from artificial ingredients and preservatives. Overall, the Imported Foods (Retail) industry in the United States is a dynamic and growing sector that continues to evolve to meet the changing needs of consumers.
Future Outlook for Imported Foods (Retail)
The anticipated future trajectory of the NAICS 445298-15 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 imported foods retail industry in the USA is expected to grow in the coming years due to the increasing demand for international food products. The industry is expected to benefit from the growing number of immigrants in the country, who are looking for food products from their home countries. Additionally, the trend of healthy eating and the increasing popularity of ethnic cuisines are expected to drive the growth of the industry. However, the industry may face challenges due to the ongoing COVID-19 pandemic, which has disrupted global supply chains and caused shortages of certain products. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 445298-15
Recent groundbreaking advancements and milestones in the Imported Foods (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Online Sales Platforms: Many imported food retailers in the USA have started selling their products online, which has helped them reach a wider audience and increase their sales.
- Expansion Of Product Lines: Some retailers have expanded their product lines to include more organic and healthy food products, which has helped them attract health-conscious consumers.
- Private Label Products: Some retailers have started offering private label products, which are often cheaper than branded products and help retailers increase their profit margins.
- Sustainable Packaging: Some retailers have started using sustainable packaging materials, such as biodegradable plastics and paper, to reduce their environmental impact.
- Partnership with Local Producers: Some retailers have started partnering with local producers to offer locally sourced products, which has helped them attract consumers who are interested in supporting local businesses.
NAICS Code 445298-15 - Imported Foods (Retail)
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