| Product Code: ETC11332198 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s bakery ingredients import shipments in 2024 were dominated by top exporters including the USA, Trinidad and Tobago, Turkey, Uganda, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a notable Compound Annual Growth Rate (CAGR) of 15.24% from 2020 to 2024, the sector experienced consistent expansion. Despite a slight dip in growth rate from 2023 to 2024 at 0.34%, the overall trend suggests a strong and steady demand for bakery ingredients in Grenada.
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 Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bakery Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bakery Ingredients Market - Industry Life Cycle |
3.4 Grenada Bakery Ingredients Market - Porter's Five Forces |
3.5 Grenada Bakery Ingredients Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Bakery Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Bakery Ingredients Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Bakery Ingredients Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Bakery Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Bakery Ingredients Market Trends |
6 Grenada Bakery Ingredients Market, By Types |
6.1 Grenada Bakery Ingredients Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bakery Ingredients Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Bakery Ingredients Market Revenues & Volume, By Flour & Grains, 2021 - 2031F |
6.1.4 Grenada Bakery Ingredients Market Revenues & Volume, By Sweeteners, 2021 - 2031F |
6.1.5 Grenada Bakery Ingredients Market Revenues & Volume, By Dairy Ingredients, 2021 - 2031F |
6.1.6 Grenada Bakery Ingredients Market Revenues & Volume, By Preservatives, 2021 - 2031F |
6.1.7 Grenada Bakery Ingredients Market Revenues & Volume, By Fats & Oils, 2021 - 2031F |
6.2 Grenada Bakery Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bakery Ingredients Market Revenues & Volume, By Bread & Pastries, 2021 - 2031F |
6.2.3 Grenada Bakery Ingredients Market Revenues & Volume, By Confectionery Products, 2021 - 2031F |
6.2.4 Grenada Bakery Ingredients Market Revenues & Volume, By Cakes & Desserts, 2021 - 2031F |
6.2.5 Grenada Bakery Ingredients Market Revenues & Volume, By Extended Shelf-life, 2021 - 2031F |
6.2.6 Grenada Bakery Ingredients Market Revenues & Volume, By Texture & Moisture, 2021 - 2031F |
6.3 Grenada Bakery Ingredients Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bakery Ingredients Market Revenues & Volume, By Bakery, 2021 - 2031F |
6.3.3 Grenada Bakery Ingredients Market Revenues & Volume, By Food, 2021 - 2031F |
6.3.4 Grenada Bakery Ingredients Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.4 Grenada Bakery Ingredients Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Bakery Ingredients Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Grenada Bakery Ingredients Market Revenues & Volume, By Online Platforms, 2021 - 2031F |
6.4.4 Grenada Bakery Ingredients Market Revenues & Volume, By Supermarkets & Specialty Stores, 2021 - 2031F |
7 Grenada Bakery Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Bakery Ingredients Market Export to Major Countries |
7.2 Grenada Bakery Ingredients Market Imports from Major Countries |
8 Grenada Bakery Ingredients Market Key Performance Indicators |
9 Grenada Bakery Ingredients Market - Opportunity Assessment |
9.1 Grenada Bakery Ingredients Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Bakery Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Bakery Ingredients Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Bakery Ingredients Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Bakery Ingredients Market - Competitive Landscape |
10.1 Grenada Bakery Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bakery Ingredients 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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