This industry comprises establishments primarily engaged in the merchant wholesale distribution of groceries and related products (except a general line of groceries); packaged frozen food; dairy products (except dried and canned); poultry products (except canned); confectioneries; fish and seafood (except canned); meat products (except canned); and fresh fruits and vegetables). Included in this industry are establishments primarily engaged in the bottling and merchant wholesale distribution of spring and mineral waters processed by others.
The "Other Grocery and Related Products Merchant Wholesalers" industry, categorized under NAICS 42449, has been experiencing notable qualitative trends that reflect shifts in consumer behavior, technological adoption, and market dynamics. One significant trend is the increasing demand for healthier and more sustainable food options. Wholesalers in this industry are responding by expanding their product lines to include organic, non-GMO, and eco-friendly products, catering to a more health-conscious and environmentally aware consumer base.
Another trend is the rapid adoption of digital technologies and e-commerce platforms. Traditional wholesalers are leveraging online ordering systems, data analytics, and supply chain optimization tools to enhance operational efficiency and customer satisfaction. This digital transformation is not only reducing costs but also enabling wholesalers to offer more personalized services and gain deeper insights into market demands.
There is also a noticeable shift towards more collaboration and strategic partnerships within the supply chain. Wholesalers are forming alliances with manufacturers, distributors, and retailers to streamline logistics, reduce waste, and improve product availability. This collaborative approach is proving vital in navigating disruptions such as those caused by the COVID-19 pandemic.
Looking ahead, the forecast for the near future indicates continued growth in online wholesale transactions, spurred by advancements in technology and the rise of B2B e-commerce platforms. The emphasis on sustainability is expected to intensify, driving wholesalers to adopt greener practices and offer more sustainable products. Additionally, the industry might see further consolidation as companies merge to enhance their market reach and operational capabilities.
Baby foods, canned, merchant wholesalers
Bakery products (except frozen) merchant wholesalers
Beverage bases merchant wholesalers
Beverage concentrates merchant wholesalers
Bottled water (except water treating) merchant wholesalers
Breakfast cereals merchant wholesalers
Brewers' yeast merchant wholesalers
Cane sugar, refined, merchant wholesalers
Canned foods (e.g., fish, meat, seafood, soups) merchant wholesalers
Cereal products merchant wholesalers
Chocolate (except candy) merchant wholesalers
Coffee merchant wholesalers
Cookies merchant wholesalers
Cooking oils merchant wholesalers
Cornmeal, edible, merchant wholesalers
Creamery products, canned, merchant wholesalers
Dairy products, dried or canned, merchant wholesalers
Dried foods (e.g., fruits, milk, vegetables) merchant wholesalers
Fish, canned, merchant wholesalers
Flavoring extracts (except for fountain use) merchant wholesalers
Flour merchant wholesalers
Fruits, canned, merchant wholesalers
Gelatin, edible, merchant wholesalers
Health foods (except fresh fruits, vegetables) merchant wholesalers
Honey merchant wholesalers
Hop extract merchant wholesalers
Ice cream cones merchant wholesalers
Jellies and jams merchant wholesalers
Juices, canned or fresh, merchant wholesalers
Macaroni merchant wholesalers
Malt extract merchant wholesalers
Malt merchant wholesalers
Margarine merchant wholesalers
Meats, canned, merchant wholesalers
Milk, canned or dried, merchant wholesalers
Mixes (e.g., cake, dessert, pie) merchant wholesalers
Molasses merchant wholesalers
Oils, cooking and salad, merchant wholesalers
Pet food merchant wholesalers
Pizzas (except frozen) merchant wholesalers
Poultry, canned, merchant wholesalers
Prepared foods (except frozen) merchant wholesalers
Pretzels (except frozen) merchant wholesalers
Rice, polished, merchant wholesalers
Salad dressings merchant wholesalers
Salad oils merchant wholesalers
Salt, table, merchant wholesalers
Sandwiches merchant wholesalers
Sausage casings merchant wholesalers
Seafood, canned, merchant wholesalers
Shortening, vegetable, merchant wholesalers
Soft drinks merchant wholesalers
Soups (except frozen) merchant wholesalers
Spaghetti merchant wholesalers
Spices merchant wholesalers
Sugar, refined, merchant wholesalers
Syrup (except fountain) merchant wholesalers
Tea merchant wholesalers
Toppings (except fountain) merchant wholesalers
Vegetables, canned, merchant wholesalers
Water, bottled (except water treating), merchant wholesalers
Yeast merchant wholesalers
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.