| Product Code: ETC5076250 | 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 |
In 2024, Grenada continued to heavily rely on bread imports from top countries such as the USA, Trinidad and Tobago, UK, and Guyana. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-24 remained strong at 16.92%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for diversification. Grenada`s bread import market is likely to continue evolving, influenced by factors such as trade agreements, pricing dynamics, and consumer preferences.
The Bread market in Grenada is projected to grow at a stable growth rate of 2.72% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Bread Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bread Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bread Market - Industry Life Cycle |
3.4 Grenada Bread Market - Porter's Five Forces |
3.5 Grenada Bread Market Revenues & Volume Share, By Loaves, 2021 & 2031F |
3.6 Grenada Bread Market Revenues & Volume Share, By Convenience Stores, 2021 & 2031F |
4 Grenada Bread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for healthier food options. |
4.2.2 Growing awareness of the unique flavors and ingredients used in Grenadian bread. |
4.2.3 Rising popularity of Caribbean cuisine in global markets. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of key ingredients such as spices and flour. |
4.3.2 Challenges in maintaining consistent quality and taste due to variations in sourcing. |
4.3.3 Competition from other ethnic bread varieties in the market. |
5 Grenada Bread Market Trends |
6 Grenada Bread Market Segmentations |
6.1 Grenada Bread Market, By Loaves |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bread Market Revenues & Volume, By Baguettes, 2021-2031F |
6.1.3 Grenada Bread Market Revenues & Volume, By Rolls, 2021-2031F |
6.1.4 Grenada Bread Market Revenues & Volume, By Burger Buns, 2021-2031F |
6.1.5 Grenada Bread Market Revenues & Volume, By Ciabatta, 2021-2031F |
6.1.6 Grenada Bread Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Bread Market, By Convenience Stores |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bread Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.3 Grenada Bread Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.4 Grenada Bread Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.5 Grenada Bread Market Revenues & Volume, By Variety Stores, 2021-2031F |
6.2.6 Grenada Bread Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Bread Market Import-Export Trade Statistics |
7.1 Grenada Bread Market Export to Major Countries |
7.2 Grenada Bread Market Imports from Major Countries |
8 Grenada Bread Market Key Performance Indicators |
8.1 Percentage increase in online searches for Grenadian bread recipes. |
8.2 Number of new distribution partnerships established in international markets. |
8.3 Growth in social media engagement and following for Grenadian bread brands. |
9 Grenada Bread Market - Opportunity Assessment |
9.1 Grenada Bread Market Opportunity Assessment, By Loaves, 2021 & 2031F |
9.2 Grenada Bread Market Opportunity Assessment, By Convenience Stores, 2021 & 2031F |
10 Grenada Bread Market - Competitive Landscape |
10.1 Grenada Bread Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bread Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |