| Product Code: ETC4855033 | 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 |
Barbados continues to see a robust demand for botanical imports, with key exporting countries including Poland, USA, Canada, UK, and Sri Lanka in 2024. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 11.59%, with a notable growth rate of 20.64% from 2023 to 2024. These figures suggest a strong and steady expansion in the importation of botanicals to Barbados, driven by diverse sources across the globe.

In the North America region, the Botanicals market in Barbados is projected to expand at a stable growth rate of 3.21% by 2027. The largest economy is 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 Barbados Botanicals Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Botanicals Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Botanicals Market - Industry Life Cycle |
3.4 Barbados Botanicals Market - Porter's Five Forces |
3.5 Barbados Botanicals Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Barbados Botanicals Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Botanicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Barbados Botanicals Market Trends |
6 Barbados Botanicals Market Segmentations |
6.1 Barbados Botanicals Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Barbados Botanicals Market Revenues & Volume, By Herbs, 2021-2031F |
6.1.3 Barbados Botanicals Market Revenues & Volume, By Spices, 2021-2031F |
6.1.4 Barbados Botanicals Market Revenues & Volume, By Flowers, 2021-2031F |
6.1.5 Barbados Botanicals Market Revenues & Volume, By Other Sources, 2021-2031F |
6.2 Barbados Botanicals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Botanicals Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.3 Barbados Botanicals Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2.4 Barbados Botanicals Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Barbados Botanicals Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Barbados Botanicals Market Import-Export Trade Statistics |
7.1 Barbados Botanicals Market Export to Major Countries |
7.2 Barbados Botanicals Market Imports from Major Countries |
8 Barbados Botanicals Market Key Performance Indicators |
9 Barbados Botanicals Market - Opportunity Assessment |
9.1 Barbados Botanicals Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Barbados Botanicals Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Botanicals Market - Competitive Landscape |
10.1 Barbados Botanicals Market Revenue Share, By Companies, 2024 |
10.2 Barbados Botanicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |