| Product Code: ETC4840175 | 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 |
Grenada`s bay leaf import market in 2024 saw major contributions from top exporters such as the USA, Metropolitan France, China, and Saint Lucia. Despite high market concentration, the industry experienced a significant decline with a negative CAGR of -15.71% from 2020 to 2024. The growth rate in 2024 plummeted by -35.59%, indicating challenges faced by the sector. Monitoring shifts in supply patterns and exploring strategies to revitalize the market will be crucial for stakeholders in the bay leaf import industry.
By 2027, Grenada's Bay Leaf market is forecasted to achieve a negative growth rate of -0.63%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Bay Leaf Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bay Leaf Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bay Leaf Market - Industry Life Cycle |
3.4 Grenada Bay Leaf Market - Porter's Five Forces |
3.5 Grenada Bay Leaf Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Bay Leaf Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Bay Leaf Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Bay Leaf Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Bay Leaf Market Trends |
6 Grenada Bay Leaf Market Segmentations |
6.1 Grenada Bay Leaf Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bay Leaf Market Revenues & Volume, By Whole, 2021-2031F |
6.1.3 Grenada Bay Leaf Market Revenues & Volume, By Powder, 2021-2031F |
6.2 Grenada Bay Leaf Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bay Leaf Market Revenues & Volume, By Food and beverages industry, 2021-2031F |
6.2.3 Grenada Bay Leaf Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Grenada Bay Leaf Market Revenues & Volume, By Personal care & Cosmetic, 2021-2031F |
6.2.5 Grenada Bay Leaf Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Bay Leaf Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bay Leaf Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3.3 Grenada Bay Leaf Market Revenues & Volume, By Business to Consumers (B2C), 2021-2031F |
7 Grenada Bay Leaf Market Import-Export Trade Statistics |
7.1 Grenada Bay Leaf Market Export to Major Countries |
7.2 Grenada Bay Leaf Market Imports from Major Countries |
8 Grenada Bay Leaf Market Key Performance Indicators |
9 Grenada Bay Leaf Market - Opportunity Assessment |
9.1 Grenada Bay Leaf Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Bay Leaf Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Bay Leaf Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Bay Leaf Market - Competitive Landscape |
10.1 Grenada Bay Leaf Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bay Leaf 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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