| Product Code: ETC12073318 | 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 |
The import shipments of Grenada butter powder in 2024 continued to show a trend of high concentration, with top exporting countries being Netherlands, Trinidad and Tobago, Ireland, USA, and Metropolitan France. The Herfindahl-Hirschman Index (HHI) indicated a significant increase in concentration levels from 2023 to 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -9.76%, with a notable decline in growth rate from 2023 to 2024 at -29.55%. This data suggests a challenging market environment for Grenada`s butter powder imports, potentially requiring strategic adjustments to improve competitiveness.
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 Butter Powder Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Butter Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Butter Powder Market - Industry Life Cycle |
3.4 Grenada Butter Powder Market - Porter's Five Forces |
3.5 Grenada Butter Powder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Butter Powder Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Butter Powder Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Butter Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of butter powder |
4.2.2 Growing demand for convenience food products |
4.2.3 Rising adoption of butter powder in the food industry for its extended shelf life |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in butter powder production |
4.3.2 Stringent government regulations related to food processing and labeling |
4.3.3 Competition from alternative products in the market |
5 Grenada Butter Powder Market Trends |
6 Grenada Butter Powder Market, By Types |
6.1 Grenada Butter Powder Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Butter Powder Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Butter Powder Market Revenues & Volume, By Dairy-Based, 2021 - 2031F |
6.1.4 Grenada Butter Powder Market Revenues & Volume, By Plant-Based, 2021 - 2031F |
6.1.5 Grenada Butter Powder Market Revenues & Volume, By Organic Butter Powder, 2021 - 2031F |
6.1.6 Grenada Butter Powder Market Revenues & Volume, By Low-Fat Butter Powder, 2021 - 2031F |
6.1.7 Grenada Butter Powder Market Revenues & Volume, By Specialty Blends, 2021 - 2031F |
6.2 Grenada Butter Powder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Butter Powder Market Revenues & Volume, By Bakery & Confectionery, 2021 - 2031F |
6.2.3 Grenada Butter Powder Market Revenues & Volume, By Ready-to-Eat Meals, 2021 - 2031F |
6.2.4 Grenada Butter Powder Market Revenues & Volume, By Instant Mixes, 2021 - 2031F |
6.2.5 Grenada Butter Powder Market Revenues & Volume, By Dairy Alternatives, 2021 - 2031F |
6.2.6 Grenada Butter Powder Market Revenues & Volume, By Sauces & Dressings, 2021 - 2031F |
6.3 Grenada Butter Powder Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Butter Powder Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.3.3 Grenada Butter Powder Market Revenues & Volume, By Health & Nutrition, 2021 - 2031F |
6.3.4 Grenada Butter Powder Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.5 Grenada Butter Powder Market Revenues & Volume, By Sports & Dietary Supplements, 2021 - 2031F |
6.3.6 Grenada Butter Powder Market Revenues & Volume, By Foodservice & Hospitality, 2021 - 2031F |
7 Grenada Butter Powder Market Import-Export Trade Statistics |
7.1 Grenada Butter Powder Market Export to Major Countries |
7.2 Grenada Butter Powder Market Imports from Major Countries |
8 Grenada Butter Powder Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms related to butter powder |
8.2 Number of new product launches incorporating butter powder |
8.3 Percentage increase in the adoption of butter powder in various food applications |
9 Grenada Butter Powder Market - Opportunity Assessment |
9.1 Grenada Butter Powder Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Butter Powder Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Butter Powder Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Butter Powder Market - Competitive Landscape |
10.1 Grenada Butter Powder Market Revenue Share, By Companies, 2024 |
10.2 Grenada Butter Powder 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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