The primary SIC code for fruit is 5148, which specifically covers Fresh Fruits and Vegetables. This code is used to classify establishments primarily engaged in the wholesale distribution of fresh fruits and vegetables.
Understanding SIC Codes for Fruit Businesses
Standard Industrial Classification (SIC) codes are a four-digit numerical system used by the U.S. government to classify businesses by industry. While there isn't a unique SIC code solely for "fruit," the industry that handles fruit is comprehensively covered.
Businesses dealing with fruit are typically categorized under the wholesale trade division, specifically focusing on non-durable goods.
SIC Code 5148: Fresh Fruits and Vegetables
| SIC Code | Industry Description | Covered Activities |
|---|---|---|
| 5148 | Fresh Fruits and Vegetables | Wholesale distribution of fresh fruits, fresh vegetables, and produce, including, but not limited to, berries, citrus, melons, and leafy greens. |
This code encompasses a wide range of operations involved in bringing fresh produce from growers to various commercial buyers, such as grocery stores, restaurants, and food service providers.
Businesses Classified Under SIC 5148
The types of entities that typically fall under SIC code 5148 include:
- Wholesale Fruit Distributors: Companies that buy fresh fruit in bulk from farms and sell it to retailers or other businesses.
- Produce Packers: Businesses that sort, clean, and package fresh fruit for wholesale distribution.
- Fruit Brokers: Agents who facilitate transactions between fruit growers and buyers.
- Importers/Exporters of Fresh Fruit: Companies involved in the international trade of fresh fruits.
- Food Hubs: Organizations that manage the aggregation, storage, processing, distribution, and marketing of local and regional food products, including fresh fruits.
Importance of SIC Codes
SIC codes serve several vital functions for businesses, researchers, and government agencies:
- Industry Classification: They provide a standardized way to categorize businesses, making it easier to analyze economic trends and market data.
- Market Research: Businesses can use SIC codes to identify competitors, understand market size, and pinpoint potential customers within specific sectors.
- Regulatory Compliance: Government agencies often use SIC codes for regulatory purposes, permitting, and statistical reporting.
- Business Operations: Lenders and investors may use SIC codes to assess risk and opportunity within different industries.
For any business involved in the wholesale trade of fresh fruit, SIC code 5148 is the definitive classification, providing a clear industry identity.
