456191 - Food (Health) Supplement Retailers
Introduction
Navigating the world of government contracting and business classification starts with understanding the North American Industry Classification System (NAICS). For entrepreneurs and businesses involved in retailing health-related products, NAICS code 456191 is a critical identifier. This code is specifically designated for Food (Health) Supplement Retailers, encompassing establishments focused on providing vitamins, minerals, herbs, and other dietary supplements. Understanding this NAICS code can help businesses align with federal guidelines, streamline contracting opportunities, and tap into niche markets in the booming health and wellness industry.
What is NAICS Code 456191?
NAICS code 456191 refers to the Food (Health) Supplement Retailers industry. This industry classification includes establishments primarily engaged in the retail sale of health food supplements. These supplements span a range of products such as:
- Vitamins
- Minerals
- Herbal supplements
- Other dietary supplements
Retailers under this classification operate through brick-and-mortar stores or online platforms specializing in health and wellness products, catering to a health-conscious consumer base.
Sector and Business Activities
NAICS 456191 falls under the broader Retail Trade sector. This sector includes businesses that sell merchandise and provide related services directly to consumers.
Typical Business Activities Include:
- Retailing vitamins and mineral supplements
- Selling herbs and botanical products
- Offering dietary and nutritional supplements
- Operation through physical health food stores or e-commerce sites
- Providing specialized nutrition advice in conjunction with product sales
Size Standards for NAICS 456191
A vital consideration for businesses is the Small Business Administration's (SBA) size standard for this NAICS code. For 456191, the size standard is:
- $22.5 million USD in average annual receipts
Businesses with revenues below $22.5 million generally qualify as small businesses under this code, making them eligible for various government assistance programs, set-asides, and contracting opportunities.
Examples of Businesses Under NAICS Code 456191
Here are common types of businesses or activities classified under this NAICS code:
- Vitamin and Supplement Stores: Physical retail locations focused exclusively on dietary supplements.
- Health Food Stores: Broader food retailers with a specialized emphasis on health supplements.
- Online Dietary Supplement Retailers: E-commerce platforms selling vitamins, herbal supplements, and nutrition products to local or broad markets.
Detailed NAICS Code 456191 Overview
| Category | Details |
|---|---|
| NAICS Code | 456191 |
| Title | Food (Health) Supplement Retailers |
| Description | Establishments primarily engaged in retailing health food supplements including vitamins, minerals, herbs, and other dietary supplements, via physical or online stores. |
| Sector | Retail Trade |
| Code Details | Herbal supplement stores, Nutrition (food supplement) stores, Vitamin stores |
| Size Standard | $22.5 million (average annual receipts) |
| Typical Business Types | Vitamin and supplement stores, Health food stores, Online dietary supplement retailers |
Frequently Asked Questions (FAQ)
What products are covered under NAICS code 456191?
NAICS 456191 covers health food supplements such as vitamins, minerals, herbal supplements, and other dietary supplements sold mainly at retail.
Can online retailers be classified under this NAICS code?
Yes, both physical stores and online platforms that primarily sell health food supplements fall under NAICS code 456191.
What is the SBA size standard for this industry?
The SBA defines a small business for NAICS 456191 as one with average annual receipts not exceeding $22.5 million.
How does this NAICS code differ from general food retail?
NAICS 456191 specifically applies to establishments focusing on health food supplements, whereas general food retail includes grocery and supermarket stores selling a wider range of food products.
Why is understanding NAICS codes important for businesses?
Correctly classifying your business with the appropriate NAICS code can open up government contracting opportunities, help with compliance, and assist in market analysis.
Conclusion
NAICS code 456191 plays a significant role for businesses specializing in health supplements and wellness products. Whether you operate a vitamin store, a health food shop, or an online dietary supplement platform, aligning with this classification is essential for tapping into government contracts and analyzing your competition. With a size standard of $22.5 million, many small and medium-sized businesses may find beneficial federal programs and partnerships.
Understanding NAICS 456191 empowers retailers in the health food supplement space to position themselves effectively in a growing market while taking advantage of opportunities carved out by federal agencies under the retail trade sector.
Optimize your business growth by accurately identifying and leveraging NAICS code 456191 – your gateway to the health supplement retail industry.
