| Product Code: ETC7365018 | 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 |
In 2024, Grenada continued to rely on key suppliers such as the USA, Turkey, UK, Barbados, and Metropolitan France for bakery ingredients imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition among suppliers. The impressive compound annual growth rate (CAGR) of 24.47% from 2020 to 2024 reflects the strong demand for bakery ingredients in Grenada. Furthermore, the notable growth rate of 28.78% in 2024 highlights a thriving market that is likely to attract more suppliers in the future.
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 Bakery Ingredient Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bakery Ingredient Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bakery Ingredient Market - Industry Life Cycle |
3.4 Grenada Bakery Ingredient Market - Porter's Five Forces |
3.5 Grenada Bakery Ingredient Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.6 Grenada Bakery Ingredient Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Bakery Ingredient Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Bakery Ingredient Market Trends |
6 Grenada Bakery Ingredient Market, By Types |
6.1 Grenada Bakery Ingredient Market, By Ingredient Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bakery Ingredient Market Revenues & Volume, By Ingredient Type, 2021- 2031F |
6.1.3 Grenada Bakery Ingredient Market Revenues & Volume, By Sweetener, 2021- 2031F |
6.1.4 Grenada Bakery Ingredient Market Revenues & Volume, By Dairy Ingredients, 2021- 2031F |
6.1.5 Grenada Bakery Ingredient Market Revenues & Volume, By Leavening Agents, 2021- 2031F |
6.1.6 Grenada Bakery Ingredient Market Revenues & Volume, By Emulsifier, 2021- 2031F |
6.1.7 Grenada Bakery Ingredient Market Revenues & Volume, By Preservative, 2021- 2031F |
6.1.8 Grenada Bakery Ingredient Market Revenues & Volume, By Baking Enzyme, 2021- 2031F |
6.1.9 Grenada Bakery Ingredient Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Grenada Bakery Ingredient Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Bakery Ingredient Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bakery Ingredient Market Revenues & Volume, By Bread, 2021- 2031F |
6.2.3 Grenada Bakery Ingredient Market Revenues & Volume, By Cakes and Pastries, 2021- 2031F |
6.2.4 Grenada Bakery Ingredient Market Revenues & Volume, By Rolls and Pie, 2021- 2031F |
6.2.5 Grenada Bakery Ingredient Market Revenues & Volume, By Cookies and Biscuits, 2021- 2031F |
6.2.6 Grenada Bakery Ingredient Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Bakery Ingredient Market Import-Export Trade Statistics |
7.1 Grenada Bakery Ingredient Market Export to Major Countries |
7.2 Grenada Bakery Ingredient Market Imports from Major Countries |
8 Grenada Bakery Ingredient Market Key Performance Indicators |
9 Grenada Bakery Ingredient Market - Opportunity Assessment |
9.1 Grenada Bakery Ingredient Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.2 Grenada Bakery Ingredient Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Bakery Ingredient Market - Competitive Landscape |
10.1 Grenada Bakery Ingredient Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bakery Ingredient 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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