| Product Code: ETC7366049 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of CBD tea to Grenada in 2024 continued to see a strong influx from key exporting countries such as the USA, UK, Trinidad and Tobago, Jamaica, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. With an impressive compound annual growth rate (CAGR) of 33.14% from 2020 to 2024, and a notable growth rate of 31.93% from 2023 to 2024, the CBD tea market in Grenada is showing significant expansion and potential for future development.
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 Cannabidiol (CBD) Tea Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cannabidiol (CBD) Tea Market - Industry Life Cycle |
3.4 Grenada Cannabidiol (CBD) Tea Market - Porter's Five Forces |
3.5 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Cannabidiol (CBD) Tea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of CBD products for health and wellness benefits |
4.2.2 Growing trend towards natural and organic products in the food and beverage industry |
4.2.3 Favorable regulatory environment supporting the production and sale of CBD products |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations and quality control measures in the CBD industry |
4.3.2 Limited scientific research and conclusive evidence on the efficacy and safety of CBD products |
4.3.3 Potential stigma and misconceptions surrounding CBD consumption |
5 Grenada Cannabidiol (CBD) Tea Market Trends |
6 Grenada Cannabidiol (CBD) Tea Market, By Types |
6.1 Grenada Cannabidiol (CBD) Tea Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Marijuana Derived, 2021- 2031F |
6.1.4 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Hemp Derived, 2021- 2031F |
6.1.5 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.2 Grenada Cannabidiol (CBD) Tea Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.4 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.5 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Online, 2021- 2031F |
6.3 Grenada Cannabidiol (CBD) Tea Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Millennial, 2021- 2031F |
6.3.3 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Gen-z, 2021- 2031F |
6.3.4 Grenada Cannabidiol (CBD) Tea Market Revenues & Volume, By Baby boomers, 2021- 2031F |
7 Grenada Cannabidiol (CBD) Tea Market Import-Export Trade Statistics |
7.1 Grenada Cannabidiol (CBD) Tea Market Export to Major Countries |
7.2 Grenada Cannabidiol (CBD) Tea Market Imports from Major Countries |
8 Grenada Cannabidiol (CBD) Tea Market Key Performance Indicators |
8.1 Percentage of repeat customers purchasing grenada CBD tea |
8.2 Number of new product innovations and flavors introduced in the market |
8.3 Customer satisfaction ratings and reviews for grenada CBD tea |
9 Grenada Cannabidiol (CBD) Tea Market - Opportunity Assessment |
9.1 Grenada Cannabidiol (CBD) Tea Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Cannabidiol (CBD) Tea Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Grenada Cannabidiol (CBD) Tea Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Cannabidiol (CBD) Tea Market - Competitive Landscape |
10.1 Grenada Cannabidiol (CBD) Tea Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cannabidiol (CBD) Tea 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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