| Product Code: ETC5224279 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see a strong presence of fortified wines imports, with top exporting countries including Jamaica, Trinidad and Tobago, USA, Metropolitan France, and Italy. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry demonstrated significant growth with a Compound Annual Growth Rate (CAGR) of 16.25% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -33.48%, suggesting potential shifts in market dynamics. It will be interesting to monitor how these trends evolve in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Fortified Wines Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fortified Wines Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fortified Wines Market - Industry Life Cycle |
3.4 Grenada Fortified Wines Market - Porter's Five Forces |
3.5 Grenada Fortified Wines Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Fortified Wines Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Fortified Wines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and preference for premium and high-quality fortified wines |
4.2.2 Growing demand for unique and exotic wine flavors and varieties |
4.2.3 Rising popularity of wine tourism and experiential consumption in Grenada |
4.3 Market Restraints |
4.3.1 High production costs and limited economies of scale for fortified wine producers in Grenada |
4.3.2 Stringent regulations and taxes on alcohol production and sales in the region |
5 Grenada Fortified Wines Market Trends |
6 Grenada Fortified Wines Market Segmentations |
6.1 Grenada Fortified Wines Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fortified Wines Market Revenues & Volume, By Port, Sherry, 2021-2031F |
6.1.3 Grenada Fortified Wines Market Revenues & Volume, By Marsala, 2021-2031F |
6.1.4 Grenada Fortified Wines Market Revenues & Volume, By Madeira, 2021-2031F |
6.1.5 Grenada Fortified Wines Market Revenues & Volume, By Commandaria, 2021-2031F |
6.1.6 Grenada Fortified Wines Market Revenues & Volume, By Vermouth, 2021-2031F |
6.1.7 Grenada Fortified Wines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Fortified Wines Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fortified Wines Market Revenues & Volume, By On-Trade, 2021-2031F |
6.2.3 Grenada Fortified Wines Market Revenues & Volume, By Off-Trade, 2021-2031F |
7 Grenada Fortified Wines Market Import-Export Trade Statistics |
7.1 Grenada Fortified Wines Market Export to Major Countries |
7.2 Grenada Fortified Wines Market Imports from Major Countries |
8 Grenada Fortified Wines Market Key Performance Indicators |
8.1 Average selling price per unit of Grenada fortified wine |
8.2 Number of tourists visiting Grenada wineries and participating in wine tasting experiences |
8.3 Percentage of market share held by Grenada fortified wines in the premium wine segment |
8.4 Number of new product launches and innovations in the Grenada fortified wine market |
9 Grenada Fortified Wines Market - Opportunity Assessment |
9.1 Grenada Fortified Wines Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Fortified Wines Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Fortified Wines Market - Competitive Landscape |
10.1 Grenada Fortified Wines Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fortified Wines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |