| Product Code: ETC5225264 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Saint Vincent and the Grenadines witnessed a notable increase in soup and extracts import shipments in 2023, with top exporters including the Dominican Republic, USA, Guatemala, Jamaica, and Trinidad and Tobago. The market continues to exhibit high concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) of 11.08% highlights a steady upward trajectory, while the impressive growth rate of 31.99% underscores the growing demand for these products in the region. This data suggests a promising outlook for the soup and extracts market in Saint Vincent and the Grenadines.

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 Saint Vincent and the Grenadines Soup and Extracts Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Soup and Extracts Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Soup and Extracts Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume Share, By Soup Type, 2021 & 2031F |
3.6 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume Share, By Sources, 2021 & 2031F |
3.7 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saint Vincent and the Grenadines Soup and Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a growing demand for natural and organic food products. |
4.2.2 Rising disposable income in Saint Vincent and the Grenadines, allowing consumers to spend more on premium food products like soups and extracts. |
4.2.3 Growing popularity of traditional Caribbean cuisine globally, driving the demand for authentic ingredients like those found in Saint Vincent and the Grenadines soups and extracts. |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials due to dependency on imports for certain ingredients, which can impact production and pricing. |
4.3.2 Seasonal variations in agricultural output affecting the availability and cost of key ingredients for soup and extracts production. |
4.3.3 Competition from imported soups and extracts brands, which may offer lower prices or greater brand recognition. |
5 Saint Vincent and the Grenadines Soup and Extracts Market Trends |
6 Saint Vincent and the Grenadines Soup and Extracts Market Segmentations |
6.1 Saint Vincent and the Grenadines Soup and Extracts Market, By Soup Type |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Dried, 2021-2031F |
6.1.3 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Wet, 2021-2031F |
6.1.4 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Canned, 2021-2031F |
6.1.5 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By UHT, 2021-2031F |
6.2 Saint Vincent and the Grenadines Soup and Extracts Market, By Sources |
6.2.1 Overview and Analysis |
6.2.2 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Spices, 2021-2031F |
6.2.3 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Herbs, 2021-2031F |
6.2.4 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Flowers, 2021-2031F |
6.2.5 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Tea leaves, 2021-2031F |
6.3 Saint Vincent and the Grenadines Soup and Extracts Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.3.3 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Saint Vincent and the Grenadines Soup and Extracts Market Revenues & Volume, By Online, 2021-2031F |
7 Saint Vincent and the Grenadines Soup and Extracts Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Soup and Extracts Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Soup and Extracts Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Soup and Extracts Market Key Performance Indicators |
8.1 Consumer engagement with locally sourced ingredients in soup and extracts. |
8.2 Adoption rate of new flavors or variations introduced by local producers. |
8.3 Percentage of repeat purchases by consumers for Saint Vincent and the Grenadines soup and extracts products. |
9 Saint Vincent and the Grenadines Soup and Extracts Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Soup and Extracts Market Opportunity Assessment, By Soup Type, 2021 & 2031F |
9.2 Saint Vincent and the Grenadines Soup and Extracts Market Opportunity Assessment, By Sources, 2021 & 2031F |
9.3 Saint Vincent and the Grenadines Soup and Extracts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saint Vincent and the Grenadines Soup and Extracts Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Soup and Extracts Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Soup and Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |