| Product Code: ETC7381417 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s spirits import market saw significant growth in 2024, with top exporting countries being the USA, Panama, Saint Kitts and Nevis, Metropolitan France, and Sint Maarten. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 26.02% from 2020 to 2024 highlights the increasing demand for spirits in Grenada. Moreover, the remarkable growth rate of 40.57% from 2023 to 2024 suggests a further expansion of the market, presenting opportunities for both domestic and international suppliers.
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 Spirits Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Spirits Market - Industry Life Cycle |
3.4 Grenada Spirits Market - Porter's Five Forces |
3.5 Grenada Spirits Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Spirits Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Spirits Market Trends |
6 Grenada Spirits Market, By Types |
6.1 Grenada Spirits Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Spirits Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Spirits Market Revenues & Volume, By Whiskey, 2021- 2031F |
6.1.4 Grenada Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.5 Grenada Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.6 Grenada Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.7 Grenada Spirits Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada Spirits Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Spirits Market Revenues & Volume, By Specialty/Liquor Stores, 2021- 2031F |
6.2.3 Grenada Spirits Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.4 Grenada Spirits Market Revenues & Volume, By On-Trade, 2021- 2031F |
6.2.5 Grenada Spirits Market Revenues & Volume, By Other, 2021- 2031F |
7 Grenada Spirits Market Import-Export Trade Statistics |
7.1 Grenada Spirits Market Export to Major Countries |
7.2 Grenada Spirits Market Imports from Major Countries |
8 Grenada Spirits Market Key Performance Indicators |
9 Grenada Spirits Market - Opportunity Assessment |
9.1 Grenada Spirits Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Spirits Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Spirits Market - Competitive Landscape |
10.1 Grenada Spirits Market Revenue Share, By Companies, 2024 |
10.2 Grenada Spirits 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.
To discover high-growth global markets and optimize your business strategy:
Click Here