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Home › Industry Metrics › NAICS 312

NAICS 312 - Beverage and Tobacco Product Manufacturing

NAICS 312 - BEVERAGE AND TOBACCO PRODUCT MANUFACTURING
NAICS 311 Food Manufacturing NAICS 312 Beverage and Tobacco Product Manufacturing NAICS 313 Textile Mills NAICS 314 Textile Product Mills NAICS 315 Apparel Manufacturing NAICS 316 Leather and Allied Product Manufacturing NAICS 321 Wood Product Manufacturing NAICS 322 Paper Manufacturing NAICS 323 Printing and Related Support Activities NAICS 324 Petroleum and Coal Products Manufacturing NAICS 325 Chemical Manufacturing NAICS 326 Plastics and Rubber Products Manufacturing NAICS 327 Nonmetallic Mineral Product Manufacturing NAICS 331 Primary Metal Manufacturing NAICS 332 Fabricated Metal Product Manufacturing NAICS 333 Machinery Manufacturing NAICS 334 Computer and Electronic Product Manufacturing NAICS 335 Electrical Equipment, Appliance, and Component Manufacturing NAICS 336 Transportation Equipment Manufacturing NAICS 337 Furniture and Related Product Manufacturing NAICS 339 Miscellaneous Manufacturing
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Industries in the Beverage and Tobacco Product Manufacturing subsector manufacture beverages and tobacco products. The industry group, Beverage Manufacturing, includes three types of establishments: (1) those that manufacture nonalcoholic beverages; (2) those that manufacture alcoholic beverages through the fermentation process; and (3) those that produce distilled alcoholic beverages. Ice manufacturing, while not a beverage, is included with nonalcoholic beverage manufacturing because it uses the same production process as water purification. In the case of activities related to the manufacture of beverages, the structure follows the defined productive processes. Brandy, a distilled beverage, was not placed under distillery product manufacturing, but rather under the NAICS class for winery product manufacturing since the productive process used in the manufacturing of alcoholic grape-based beverages produces both wines (fermented beverage) and brandies (distilled beverage). The industry group, Tobacco Manufacturing, includes two types of establishments: (1) those engaged in redrying and stemming tobacco and, (2) those that manufacture tobacco products, such as cigarettes and cigars.

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Industries in the Beverage and Tobacco Product Manufacturing subsector manufacture beverages and tobacco products. The industry group, Beverage Manufacturing, includes three types of establishments: (1) those that manufacture nonalcoholic beverages; (2) those that manufacture alcoholic beverages through the fermentation process; and (3) those that produce distilled alcoholic beverages. Ice manufacturing, while not a beverage, is included with nonalcoholic beverage manufacturing because it uses the same production process as water purification.

In the case of activities related to the manufacture of beverages, the structure follows the defined productive processes. Brandy, a distilled beverage, was not placed under distillery product manufacturing, but rather under the NAICS class for winery product manufacturing since the productive process used in the manufacturing of alcoholic grape-based beverages produces both wines (fermented beverage) and brandies (distilled beverage).

The industry group, Tobacco Manufacturing, includes two types of establishments: (1) those engaged in redrying and stemming tobacco and, (2) those that manufacture tobacco products, such as cigarettes and cigars.

Explore the industry hierarchy

Drill down to explore more specific industries.

NAICS 31 Manufacturing
NAICS 312 Beverage and Tobacco Product Manufacturing
NAICS 3121 Beverage Manufacturing
NAICS 31211 Soft Drink and Ice Manufacturing
NAICS 312111 Soft Drink Manufacturing
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Industry trends

One notable trend in the beverage and tobacco product manufacturing industry (NAICS 312) is the increasing consumer demand for healthier options. Beverage manufacturers are expanding their offerings to include low-sugar, organic, and non-alcoholic products to cater to health-conscious consumers. The rise of functional beverages, such as those enriched with vitamins, minerals, and probiotics, also aligns with this trend.

The craft beverage movement continues to gain momentum, with small-scale producers of beer, spirits, and other alcoholic drinks finding growing popularity. This trend is driven by consumer preference for unique, high-quality, and locally-produced options. Additionally, sustainability is becoming a critical focus, with companies emphasizing eco-friendly packaging and sustainable sourcing practices to appeal to environmentally conscious customers and meet regulatory requirements.

In the tobacco sector, there is a significant shift towards alternative nicotine products, such as e-cigarettes and heat-not-burn devices. These products are marketed as reduced-risk alternatives to traditional cigarettes, and they are gaining traction despite ongoing regulatory hurdles and health concerns. Overall, the industry is expected to continue experiencing innovation in product offerings and packaging, driven by evolving consumer preferences and stricter regulatory landscapes.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 3%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 58%

Loan Failure Rate 13%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 88%

Total Companies in this Industry 774
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Explore related industries

  • NAICS 312 Beverage and Tobacco Product Manufacturing
  • NAICS 3121 Beverage Manufacturing
  • NAICS 3122 Tobacco Manufacturing
  • View all related industries

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