| Product Code: ETC4836717 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports of pulses, with top exporting countries including Trinidad and Tobago, Canada, USA, Puerto Rico, and Netherlands. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a slight decline with a CAGR of -0.32% from 2020 to 2024. The growth rate in 2024 saw a significant drop of -14.59%, reflecting potential challenges or shifts in the market dynamics. Monitoring these trends will be crucial for stakeholders in the pulses import sector in Grenada.
The pulses market in Grenada is driven by increasing consumer awareness of plant-based diets. Lentils, chickpeas, and beans are key products in this sector.
The pulses market in Grenada is driven by the increasing demand for plant-based protein sources. Pulses, including lentils, chickpeas, and peas, are being used in a variety of food products as a nutritious, sustainable alternative to meat. The growing awareness of the health benefits of pulses, including their high fiber and protein content, is fueling their consumption in Grenada and globally. Additionally, the rising interest in sustainable agriculture and the push for lower-carbon-footprint foods are supporting market growth.
The Grenada Pulses market faces the challenge of competing with imported products that are often more affordable. Additionally, fluctuations in the cost of raw pulses can affect pricing stability, and inconsistent weather patterns can impact local crop yields, limiting supply.
The pulses market in Grenada is influenced by the growing demand for plant-based proteins in food products. Pulses, including beans, lentils, and peas, are staple foods in Grenada and the wider Caribbean. The government supports the local farming community through incentives and funding to increase pulse production. Policies focused on food security and improving agricultural practices boost the production of pulses, with an emphasis on organic farming and sustainable practices. The market also benefits from international trade policies that open up export opportunities for Grenadian pulses.
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 Pulses Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pulses Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pulses Market - Industry Life Cycle |
3.4 Grenada Pulses Market - Porter's Five Forces |
3.5 Grenada Pulses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Pulses Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Pulses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Pulses Market Trends |
6 Grenada Pulses Market Segmentations |
6.1 Grenada Pulses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pulses Market Revenues & Volume, By Chick Peas, 2021-2031F |
6.1.3 Grenada Pulses Market Revenues & Volume, By Kaspa Peas, 2021-2031F |
6.1.4 Grenada Pulses Market Revenues & Volume, By Lentils, 2021-2031F |
6.1.5 Grenada Pulses Market Revenues & Volume, By Pigeon Peas, 2021-2031F |
6.1.6 Grenada Pulses Market Revenues & Volume, By Fava Beans, 2021-2031F |
6.1.7 Grenada Pulses Market Revenues & Volume, By Black Gram, 2021-2031F |
6.1.9 Grenada Pulses Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Grenada Pulses Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Pulses Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pulses Market Revenues & Volume, By Home Use, 2021-2031F |
6.2.3 Grenada Pulses Market Revenues & Volume, By Snack Food Industry, 2021-2031F |
6.2.4 Grenada Pulses Market Revenues & Volume, By Flour Industry, 2021-2031F |
6.2.5 Grenada Pulses Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Pulses Market Import-Export Trade Statistics |
7.1 Grenada Pulses Market Export to Major Countries |
7.2 Grenada Pulses Market Imports from Major Countries |
8 Grenada Pulses Market Key Performance Indicators |
9 Grenada Pulses Market - Opportunity Assessment |
9.1 Grenada Pulses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Pulses Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Pulses Market - Competitive Landscape |
10.1 Grenada Pulses Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pulses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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