Food And Non Alcoholic Beverages Industry Essay

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Industry Background
SIC and NAICS
An industry as complex as the Food and Non-Alcoholic beverages industry must be coded by organizing smaller sub-categories when referencing the Standard Industrial Classification (SIC) system and the North American Industry Classification System (NAICS). These systems categorize industries using codes to aid in analytical research for Federal statistical agencies. (United States Census Bureau, 2012). A quick search using key words or the actual code will allow the viewer to see the definition and characteristics of the industry. For example, Soft Drink Manufacturing can be found using the NAICS code 312111 or the SIC code 2086. Under the NAICS system, Soft Drink Manufacturing is defined as, establishments manufacturing soft drinks and artificially carbonated waters. (United States Census Bureau, 2012). The SIC code 2086: Bottled and Canned Soft Drinks and Carbonated Water, is located under Division D: Manufacturing, in the sub-category Major Group 20: Food and Kindred Products. By definition, this industry is comprised of manufacturing establishments that specialize in the production of canned or bottled soft drinks and artificially carbonated water, such as soft drinks, tea, or coffee. (Occupational Safety and Health Administration [OSHA], 2012).
Industry characteristics The soft drink manufacturing industry is characterized by carbonated soft drinks and hot beverages like tea and coffee. The nonalcoholic beverage industry is the

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