| Product Code: ETC5649461 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Grenada continued to rely heavily on imports of aroma ingredients, with top exporters being Iran, Trinidad and Tobago, USA, Ireland, and UK. Despite a high concentration of imports, the industry experienced a negative compound annual growth rate (CAGR) of -5.18% from 2020 to 2024. However, there was a notable improvement in the growth rate from 2023 to 2024, showing a positive momentum of 7.0%. Grenada`s market for aroma ingredients remains dynamic, with opportunities for further expansion and diversification in the coming years.
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 Aroma Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Aroma Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Aroma Ingredients Market - Industry Life Cycle |
3.4 Grenada Aroma Ingredients Market - Porter's Five Forces |
3.5 Grenada Aroma Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Aroma Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Aroma Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and organic products |
4.2.2 Growing demand for exotic and unique fragrance ingredients |
4.2.3 Rising awareness about aromatherapy and its benefits |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations related to sourcing and usage of aroma ingredients |
4.3.3 Limited availability of skilled labor for processing and extraction |
5 Grenada Aroma Ingredients Market Trends |
6 Grenada Aroma Ingredients Market Segmentations |
6.1 Grenada Aroma Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Aroma Ingredients Market Revenues & Volume, By Synthetic Ingredients, 2021-2031F |
6.1.3 Grenada Aroma Ingredients Market Revenues & Volume, By Natural Ingredients, 2021-2031F |
6.2 Grenada Aroma Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Aroma Ingredients Market Revenues & Volume, By Fine Fragrances, 2021-2031F |
6.2.3 Grenada Aroma Ingredients Market Revenues & Volume, By Toiletries, 2021-2031F |
6.2.4 Grenada Aroma Ingredients Market Revenues & Volume, By Cosmetics, 2021-2031F |
7 Grenada Aroma Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Aroma Ingredients Market Export to Major Countries |
7.2 Grenada Aroma Ingredients Market Imports from Major Countries |
8 Grenada Aroma Ingredients Market Key Performance Indicators |
8.1 Number of new product launches featuring grenada aroma ingredients |
8.2 Growth in the number of aromatherapy centers and spa services using grenada aroma ingredients |
8.3 Increase in the export volume of grenada aroma ingredients |
9 Grenada Aroma Ingredients Market - Opportunity Assessment |
9.1 Grenada Aroma Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Aroma Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Aroma Ingredients Market - Competitive Landscape |
10.1 Grenada Aroma Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Aroma Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |