| Product Code: ETC7364868 | 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 |
Grenada`s import of Ayurvedic herbs in 2024 continued to see notable growth, with the top exporting countries being the USA, UK, Trinidad and Tobago, China, and India. The high Herfindahl-Hirschman Index (HHI) concentration indicates a dominant market presence among these countries. The impressive Compound Annual Growth Rate (CAGR) of 70.67% from 2020 to 2024 highlights the increasing demand for Ayurvedic herbs in Grenada. Moreover, the remarkable growth rate of 100.1% from 2023 to 2024 underscores the accelerating pace of import shipments, signaling a lucrative market opportunity for 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 Grenada Ayurvedic Herbs Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ayurvedic Herbs Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ayurvedic Herbs Market - Industry Life Cycle |
3.4 Grenada Ayurvedic Herbs Market - Porter's Five Forces |
3.5 Grenada Ayurvedic Herbs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Ayurvedic Herbs Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Ayurvedic Herbs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Ayurvedic Herbs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ayurvedic Herbs Market Trends |
6 Grenada Ayurvedic Herbs Market, By Types |
6.1 Grenada Ayurvedic Herbs Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ayurvedic Herbs Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Ayurvedic Herbs Market Revenues & Volume, By Healthcare Products, 2021- 2031F |
6.1.4 Grenada Ayurvedic Herbs Market Revenues & Volume, By Personal Products, 2021- 2031F |
6.2 Grenada Ayurvedic Herbs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ayurvedic Herbs Market Revenues & Volume, By Skin Diseases, 2021- 2031F |
6.2.3 Grenada Ayurvedic Herbs Market Revenues & Volume, By Respiratory Disorders, 2021- 2031F |
6.2.4 Grenada Ayurvedic Herbs Market Revenues & Volume, By Autoimmune Diseases, 2021- 2031F |
6.2.5 Grenada Ayurvedic Herbs Market Revenues & Volume, By Cancer Treatment, 2021- 2031F |
6.2.6 Grenada Ayurvedic Herbs Market Revenues & Volume, By Cardiovascular Diseases, 2021- 2031F |
6.2.7 Grenada Ayurvedic Herbs Market Revenues & Volume, By Other Applications, 2021- 2031F |
6.3 Grenada Ayurvedic Herbs Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ayurvedic Herbs Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
6.3.3 Grenada Ayurvedic Herbs Market Revenues & Volume, By E-Pharmacy, 2021- 2031F |
6.3.4 Grenada Ayurvedic Herbs Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Grenada Ayurvedic Herbs Market Import-Export Trade Statistics |
7.1 Grenada Ayurvedic Herbs Market Export to Major Countries |
7.2 Grenada Ayurvedic Herbs Market Imports from Major Countries |
8 Grenada Ayurvedic Herbs Market Key Performance Indicators |
9 Grenada Ayurvedic Herbs Market - Opportunity Assessment |
9.1 Grenada Ayurvedic Herbs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Ayurvedic Herbs Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Ayurvedic Herbs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Ayurvedic Herbs Market - Competitive Landscape |
10.1 Grenada Ayurvedic Herbs Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ayurvedic Herbs 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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