| Product Code: ETC5342117 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see significant import shipments of black eyed peas, with top exporting countries including Trinidad and Tobago, USA, Puerto Rico, Canada, and other areas. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. Despite a notable compound annual growth rate (CAGR) of 5.32% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -10.28%. This data suggests a stable demand for black eyed peas in Grenada, with fluctuations in growth rates potentially influenced by various factors such as market conditions and trade dynamics.
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 Black Eyed Pea Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Black Eyed Pea Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Black Eyed Pea Market - Industry Life Cycle |
3.4 Grenada Black Eyed Pea Market - Porter's Five Forces |
3.5 Grenada Black Eyed Pea Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Grenada Black Eyed Pea Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Black Eyed Pea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for plant-based protein sources |
4.2.2 Growing interest in healthy and natural foods |
4.2.3 Rise in popularity of vegetarian and vegan diets |
4.3 Market Restraints |
4.3.1 Fluctuations in weather conditions affecting crop yields |
4.3.2 Competition from other plant-based protein sources like lentils and chickpeas |
4.3.3 Challenges in distribution and logistics, especially in reaching international markets |
5 Grenada Black Eyed Pea Market Trends |
6 Grenada Black Eyed Pea Market Segmentations |
6.1 Grenada Black Eyed Pea Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Grenada Black Eyed Pea Market Revenues & Volume, By Online, 2021-2031F |
6.1.3 Grenada Black Eyed Pea Market Revenues & Volume, By Offline, 2021-2031F |
6.2 Grenada Black Eyed Pea Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Black Eyed Pea Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Black Eyed Pea Market Revenues & Volume, By Households, 2021-2031F |
6.2.4 Grenada Black Eyed Pea Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Black Eyed Pea Market Import-Export Trade Statistics |
7.1 Grenada Black Eyed Pea Market Export to Major Countries |
7.2 Grenada Black Eyed Pea Market Imports from Major Countries |
8 Grenada Black Eyed Pea Market Key Performance Indicators |
8.1 Average selling price of grenada black eyed peas |
8.2 Percentage of farmland dedicated to black eyed pea cultivation in Grenada |
8.3 Number of new product launches featuring black eyed peas in the market |
9 Grenada Black Eyed Pea Market - Opportunity Assessment |
9.1 Grenada Black Eyed Pea Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Grenada Black Eyed Pea Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Black Eyed Pea Market - Competitive Landscape |
10.1 Grenada Black Eyed Pea Market Revenue Share, By Companies, 2024 |
10.2 Grenada Black Eyed Pea 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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