| Product Code: ETC5299557 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Grenada continues to see a steady increase in peppermint oil imports, with top exporting countries being the USA, UK, Trinidad and Tobago, and Curaçao. The market concentration, as measured by the HHI, remained high in 2024, indicating a strong presence of key players. The compound annual growth rate (CAGR) from 2020 to 2024 stands at 6.7%, demonstrating sustained growth in demand. Moreover, the impressive growth rate of 8.92% from 2023 to 2024 suggests a growing interest in Grenada`s peppermint oil market, making it an attractive destination for exporters.
Grenada's Peppermint Oil market is anticipated to experience a stable growth rate of 2.85% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Peppermint Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Peppermint Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Peppermint Oil Market - Industry Life Cycle |
3.4 Grenada Peppermint Oil Market - Porter's Five Forces |
3.5 Grenada Peppermint Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Peppermint Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic products in personal care and food industries |
4.2.2 Increasing awareness about the health benefits of peppermint oil |
4.2.3 Rising popularity of aromatherapy and essential oils in the wellness sector |
4.3 Market Restraints |
4.3.1 Fluctuating prices of peppermint oil due to factors like weather conditions and supply chain disruptions |
4.3.2 Competition from synthetic mint flavors and other essential oils in the market |
5 Grenada Peppermint Oil Market Trends |
6 Grenada Peppermint Oil Market Segmentations |
6.1 Grenada Peppermint Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Peppermint Oil Market Revenues & Volume, By Oral Spray, 2021-2031F |
6.1.3 Grenada Peppermint Oil Market Revenues & Volume, By Oral Product, 2021-2031F |
6.1.4 Grenada Peppermint Oil Market Revenues & Volume, By Chewing Gum, 2021-2031F |
6.1.5 Grenada Peppermint Oil Market Revenues & Volume, By Confectionery Products, 2021-2031F |
6.1.6 Grenada Peppermint Oil Market Revenues & Volume, By Rubbing Alcohol, 2021-2031F |
6.1.7 Grenada Peppermint Oil Market Revenues & Volume, By Fragrance Product, 2021-2031F |
7 Grenada Peppermint Oil Market Import-Export Trade Statistics |
7.1 Grenada Peppermint Oil Market Export to Major Countries |
7.2 Grenada Peppermint Oil Market Imports from Major Countries |
8 Grenada Peppermint Oil Market Key Performance Indicators |
8.1 Number of new product launches containing grenada peppermint oil |
8.2 Growth rate of the aromatherapy market |
8.3 Consumer sentiment and feedback on the quality of grenada peppermint oil products |
8.4 Adoption rate of grenada peppermint oil in various industries |
8.5 Number of research studies highlighting the benefits of grenada peppermint oil |
9 Grenada Peppermint Oil Market - Opportunity Assessment |
9.1 Grenada Peppermint Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Peppermint Oil Market - Competitive Landscape |
10.1 Grenada Peppermint Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Peppermint Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |