| Product Code: ETC5345575 | 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 rely heavily on imports of breakfast cereals, with Trinidad and Tobago, USA, India, UK, and Netherlands being the top exporting countries. Despite a slightly negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 was positive at 2.27%. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI) in 2024, reflecting ongoing dominance by key exporting countries. This suggests a stable but competitive market landscape for breakfast cereals imports in Grenada.
The Breakfast Cereals market in Grenada is projected to grow at a stable growth rate of 1.03% 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 Breakfast Cereals Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Breakfast Cereals Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Breakfast Cereals Market - Industry Life Cycle |
3.4 Grenada Breakfast Cereals Market - Porter's Five Forces |
3.5 Grenada Breakfast Cereals Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Breakfast Cereals Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Breakfast Cereals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of a healthy breakfast among consumers in Grenada |
4.2.2 Growing demand for convenient and ready-to-eat breakfast options |
4.2.3 Rising health consciousness leading to a preference for nutritious breakfast cereals |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in demand due to tourism patterns in Grenada |
4.3.2 High import costs for certain ingredients used in breakfast cereal production |
4.3.3 Competition from traditional Grenadian breakfast options such as plantains and saltfish |
5 Grenada Breakfast Cereals Market Trends |
6 Grenada Breakfast Cereals Market Segmentations |
6.1 Grenada Breakfast Cereals Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Breakfast Cereals Market Revenues & Volume, By Hot Cereals, 2021-2031F |
6.1.3 Grenada Breakfast Cereals Market Revenues & Volume, By Ready-to-Eat (RTE), 2021-2031F |
6.2 Grenada Breakfast Cereals Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Breakfast Cereals Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Grenada Breakfast Cereals Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Grenada Breakfast Cereals Market Revenues & Volume, By E-commerce, 2021-2031F |
6.2.5 Grenada Breakfast Cereals Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Breakfast Cereals Market Import-Export Trade Statistics |
7.1 Grenada Breakfast Cereals Market Export to Major Countries |
7.2 Grenada Breakfast Cereals Market Imports from Major Countries |
8 Grenada Breakfast Cereals Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms promoting Grenadian breakfast cereals |
8.2 Number of new product launches and innovations in the Grenada breakfast cereals market |
8.3 Percentage of repeat purchases indicating customer loyalty and satisfaction |
9 Grenada Breakfast Cereals Market - Opportunity Assessment |
9.1 Grenada Breakfast Cereals Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Breakfast Cereals Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Breakfast Cereals Market - Competitive Landscape |
10.1 Grenada Breakfast Cereals Market Revenue Share, By Companies, 2024 |
10.2 Grenada Breakfast Cereals 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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