| Product Code: ETC5000839 | 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 |
Grenada`s agar import market in 2024 saw a notable concentration with top exporting countries being the USA, Metropolitan France, Trinidad and Tobago, and the UK. Despite a significant decline in the Compound Annual Growth Rate (CAGR) from 2020-24 at -29.05%, the market experienced a sharp drop in growth rate from 2023-24 at -78.99%. This suggests a challenging period for agar imports in Grenada, possibly influenced by various factors impacting the global agar market dynamics.
By 2027, the Agar market in Grenada is anticipated to reach a growth rate of 1.77%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

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 Agar Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Agar Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Agar Market - Industry Life Cycle |
3.4 Grenada Agar Market - Porter's Five Forces |
3.5 Grenada Agar Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Agar Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Agar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Agar Market Trends |
6 Grenada Agar Market Segmentations |
6.1 Grenada Agar Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Agar Market Revenues & Volume, By Strip, 2021-2031F |
6.1.3 Grenada Agar Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 Grenada Agar Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Agar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Agar Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.3 Grenada Agar Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Grenada Agar Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Grenada Agar Market Import-Export Trade Statistics |
7.1 Grenada Agar Market Export to Major Countries |
7.2 Grenada Agar Market Imports from Major Countries |
8 Grenada Agar Market Key Performance Indicators |
9 Grenada Agar Market - Opportunity Assessment |
9.1 Grenada Agar Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Agar Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Agar Market - Competitive Landscape |
10.1 Grenada Agar Market Revenue Share, By Companies, 2024 |
10.2 Grenada Agar 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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