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NAICS Code 456110-03 Description (8-Digit)

The Drugs-Crude (Retail) industry involves the retail sale of crude drugs, which are unrefined substances derived from plants, animals, or minerals that are used for medicinal purposes. These drugs are typically sold in their raw form and are not yet processed into pharmaceuticals. This industry is a crucial part of the pharmaceutical supply chain, as it provides the raw materials that are used to create many of the drugs that are sold in pharmacies and other retail outlets.

Hierarchy Navigation for NAICS Code 456110-03

Parent Code (less specific)

Tools

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

  • Mortar and pestle
  • Digital scales
  • Microscopes
  • Refractometers
  • Polarimeters
  • Centrifuges
  • Distillation equipment
  • Extraction equipment
  • Drying ovens
  • PH meters
  • Spectrophotometers
  • Chromatography equipment
  • Ultrasonic cleaners
  • Hot plates
  • Glassware (beakers, flasks, pipettes, etc.)
  • Lab coats and safety equipment
  • Computer software for data analysis and record-keeping
  • Refrigerators and freezers for storage of raw materials
  • Packaging and labeling equipment

Industry Examples of Drugs-Crude (Retail)

Common products and services typical of NAICS Code 456110-03, illustrating the main business activities and contributions to the market.

  • Herbal remedies
  • Traditional Chinese medicine ingredients
  • Ayurvedic medicine ingredients
  • Essential oils
  • Plant extracts
  • Animal extracts
  • Minerals and mineral salts
  • Raw materials for homeopathic remedies
  • Natural dyes and pigments
  • Aromatherapy ingredients
  • Natural insecticides and pesticides
  • Raw materials for cosmetic products
  • Natural food additives and flavorings
  • Raw materials for dietary supplements
  • Natural fibers and textiles
  • Raw materials for research and development in the pharmaceutical industry

Certifications, Compliance and Licenses for NAICS Code 456110-03 - Drugs-Crude (Retail)

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

  • Drug Enforcement Administration (DEA) Registration: A DEA registration is required for any facility that manufactures, distributes, dispenses, imports, exports, or conducts research with controlled substances. The DEA is responsible for enforcing the Controlled Substances Act and ensuring that these substances are used for legitimate purposes. The DEA registration is issued by the DEA and is required for all facilities that handle controlled substances.
  • National Association Of Boards Of Pharmacy (NABP) Accreditation: The NABP is a professional association that represents the state boards of pharmacy in the US. The NABP offers accreditation programs for pharmacies, including the Verified Internet Pharmacy Practice Sites (VIPPS) program, which verifies the authenticity of online pharmacies. The NABP also offers accreditation for specialty pharmacies and compounding pharmacies.
  • Food and Drug Administration (FDA) Registration: The FDA is responsible for regulating the safety and efficacy of drugs and medical devices in the US. All facilities that manufacture, process, pack, or hold drugs for commercial distribution in the US are required to register with the FDA.
  • State Board Of Pharmacy Licensure: Each state has a board of pharmacy that is responsible for regulating the practice of pharmacy within the state. Pharmacies and pharmacists are required to be licensed by the state board of pharmacy in order to practice in that state.
  • Occupational Safety and Health Administration (OSHA) Compliance: OSHA is responsible for ensuring that workplaces are safe and healthy for employees. Pharmacies are required to comply with OSHA regulations, including those related to hazardous materials, bloodborne pathogens, and personal protective equipment.

History

A concise historical narrative of NAICS Code 456110-03 covering global milestones and recent developments within the United States.

  • The "Drugs-Crude (Retail)" industry has a long history dating back to ancient times when crude drugs were used for medicinal purposes. The use of crude drugs continued throughout the Middle Ages and the Renaissance, with the establishment of apothecaries and the development of pharmacopoeias. In the 19th century, the industrialization of the pharmaceutical industry led to the production of synthetic drugs, which replaced many crude drugs. In recent history, the industry has seen advancements in technology, such as the development of online pharmacies and the use of electronic prescriptions. In the United States, the industry has also been impacted by the opioid epidemic, which has led to increased regulation and scrutiny of the industry.

Future Outlook for Drugs-Crude (Retail)

The anticipated future trajectory of the NAICS 456110-03 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 Drugs-Crude (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for natural and organic products. The trend towards natural and organic products is driven by the growing awareness of the health benefits of these products. The industry is also expected to benefit from the aging population, which is more likely to use natural and organic products. The increasing use of e-commerce platforms is also expected to drive growth in the industry. The industry is expected to face challenges due to the increasing competition from other retailers and the rising cost of raw materials. However, the industry is expected to overcome these challenges and continue to grow in the future.

Industry Innovations for NAICS Code 456110-03

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

  • CBD Products: The use of CBD products has become increasingly popular in recent years. CBD products are used for a variety of purposes, including pain relief, anxiety, and sleep disorders.
  • Natural and Organic Products: The demand for natural and organic products has been increasing in recent years. Consumers are becoming more aware of the health benefits of these products and are willing to pay a premium for them.
  • Online Sales: The use of e-commerce platforms has become increasingly popular in recent years. Online sales have become an important part of the Drugs-Crude (Retail) industry.
  • Personalized Medicine: The use of personalized medicine has become increasingly popular in recent years. Personalized medicine involves tailoring medical treatment to the individual patient.
  • Health and Wellness Products: The demand for health and wellness products has been increasing in recent years. Consumers are becoming more aware of the importance of maintaining good health and are willing to pay a premium for these products.

NAICS Code 456110-03 - Drugs-Crude (Retail)

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