| Product Code: ETC5228934 | 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 |
Despite the high concentration with a very high HHI, Grenada continues to see significant growth in bakery products import shipments. The top exporting countries in 2024 are Trinidad and Tobago, USA, Jamaica, UK, and Saint Kitts and Nevis. With a promising CAGR of 12.12% from 2020 to 2024 and a notable growth rate of 25.51% from 2023 to 2024, the bakery market in Grenada is thriving and attracting a diverse range of products from key international markets.
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 Bakeries Products Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bakeries Products Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bakeries Products Market - Industry Life Cycle |
3.4 Grenada Bakeries Products Market - Porter's Five Forces |
3.5 Grenada Bakeries Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Bakeries Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Bakeries Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer demand for artisanal and specialty bakery products in Grenada |
4.2.2 Increasing health consciousness leading to higher demand for organic and gluten-free bakery items |
4.2.3 Tourism industry growth boosting the demand for bakery products in hotels, restaurants, and cafes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as flour, sugar, and dairy affecting production costs |
4.3.2 Intense competition from local bakeries and imported bakery products |
4.3.3 Regulatory challenges related to food safety standards and compliance |
5 Grenada Bakeries Products Market Trends |
6 Grenada Bakeries Products Market Segmentations |
6.1 Grenada Bakeries Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bakeries Products Market Revenues & Volume, By Bread & Rolls, 2021-2031F |
6.1.3 Grenada Bakeries Products Market Revenues & Volume, By Cakes & Pastries, 2021-2031F |
6.1.4 Grenada Bakeries Products Market Revenues & Volume, By Cookies, 2021-2031F |
6.1.5 Grenada Bakeries Products Market Revenues & Volume, By Tortillas, 2021-2031F |
6.1.6 Grenada Bakeries Products Market Revenues & Volume, By Pretzels, 2021-2031F |
6.1.7 Grenada Bakeries Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Bakeries Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bakeries Products Market Revenues & Volume, By Hypermarkets & Supermarkets, 2021-2031F |
6.2.3 Grenada Bakeries Products Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Grenada Bakeries Products Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Grenada Bakeries Products Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Bakeries Products Market Import-Export Trade Statistics |
7.1 Grenada Bakeries Products Market Export to Major Countries |
7.2 Grenada Bakeries Products Market Imports from Major Countries |
8 Grenada Bakeries Products Market Key Performance Indicators |
8.1 Percentage of revenue from new product launches and innovations in the bakery product range |
8.2 Customer satisfaction scores and feedback on product quality, taste, and variety |
8.3 Percentage of repeat customers and customer loyalty program engagement |
9 Grenada Bakeries Products Market - Opportunity Assessment |
9.1 Grenada Bakeries Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Bakeries Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Bakeries Products Market - Competitive Landscape |
10.1 Grenada Bakeries Products Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bakeries Products 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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