| Product Code: ETC6322728 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados continued to rely on tomato paste imports in 2024, with key suppliers including the USA, Trinidad and Tobago, Italy, Lebanon, and the UK. Despite a significant decrease in growth rate from 2023 to 2024, the industry maintained a high level of concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 12.32% from 2020 to 2024 highlights sustained demand for tomato paste in Barbados, suggesting opportunities for further market expansion and competition among 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 Barbados Tomato Paste Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Tomato Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Tomato Paste Market - Industry Life Cycle |
3.4 Barbados Tomato Paste Market - Porter's Five Forces |
3.5 Barbados Tomato Paste Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Tomato Paste Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Tomato Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for convenience foods |
4.2.2 Increasing consumer awareness about health benefits of tomatoes |
4.2.3 Rising popularity of Barbadian cuisine |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Intense competition from other tomato paste brands |
4.3.3 Seasonal variations in tomato production |
5 Barbados Tomato Paste Market Trends |
6 Barbados Tomato Paste Market, By Types |
6.1 Barbados Tomato Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Tomato Paste Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Barbados Tomato Paste Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Barbados Tomato Paste Market Revenues & Volume, By Composite, 2021- 2031F |
6.2 Barbados Tomato Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Tomato Paste Market Revenues & Volume, By Restaurant, 2021- 2031F |
6.2.3 Barbados Tomato Paste Market Revenues & Volume, By Household, 2021- 2031F |
6.2.4 Barbados Tomato Paste Market Revenues & Volume, By Others, 2021- 2031F |
7 Barbados Tomato Paste Market Import-Export Trade Statistics |
7.1 Barbados Tomato Paste Market Export to Major Countries |
7.2 Barbados Tomato Paste Market Imports from Major Countries |
8 Barbados Tomato Paste Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Percentage of repeat customers |
8.3 Number of new product innovations introduced |
8.4 Market penetration in different distribution channels |
8.5 Customer satisfaction scores |
9 Barbados Tomato Paste Market - Opportunity Assessment |
9.1 Barbados Tomato Paste Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Tomato Paste Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Tomato Paste Market - Competitive Landscape |
10.1 Barbados Tomato Paste Market Revenue Share, By Companies, 2024 |
10.2 Barbados Tomato Paste 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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