| Product Code: ETC7366112 | 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 |
Grenada`s capsicum import market saw significant growth in 2024, with top exporting countries including the USA, China, Metropolitan France, UK, and other areas. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 35.2% from 2020 to 2024 highlights the increasing demand for capsicum in Grenada. Moreover, the growth rate of 76.56% from 2023 to 2024 suggests a rapid expansion of import shipments, pointing towards a thriving market for capsicum in the country.
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 Capsicum Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Capsicum Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Capsicum Market - Industry Life Cycle |
3.4 Grenada Capsicum Market - Porter's Five Forces |
3.5 Grenada Capsicum Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Capsicum Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Capsicum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of capsicum |
4.2.2 Growing demand for exotic and specialty vegetables in the food industry |
4.2.3 Favorable climatic conditions for capsicum cultivation in Grenada |
4.3 Market Restraints |
4.3.1 Price volatility of capsicum due to seasonal fluctuations in production |
4.3.2 Limited export market access and competition from other capsicum-producing regions |
4.3.3 Lack of advanced agricultural technology and infrastructure in Grenada |
5 Grenada Capsicum Market Trends |
6 Grenada Capsicum Market, By Types |
6.1 Grenada Capsicum Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Capsicum Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Grenada Capsicum Market Revenues & Volume, By Whole, 2021- 2031F |
6.1.4 Grenada Capsicum Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.5 Grenada Capsicum Market Revenues & Volume, By Oleoresin, 2021- 2031F |
6.2 Grenada Capsicum Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Capsicum Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Grenada Capsicum Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 Grenada Capsicum Market Revenues & Volume, By Cosmetics, 2021- 2031F |
7 Grenada Capsicum Market Import-Export Trade Statistics |
7.1 Grenada Capsicum Market Export to Major Countries |
7.2 Grenada Capsicum Market Imports from Major Countries |
8 Grenada Capsicum Market Key Performance Indicators |
8.1 Average yield per acre of capsicum cultivation |
8.2 Percentage of capsicum production meeting export quality standards |
8.3 Adoption rate of sustainable farming practices in capsicum cultivation. |
9 Grenada Capsicum Market - Opportunity Assessment |
9.1 Grenada Capsicum Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Capsicum Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Capsicum Market - Competitive Landscape |
10.1 Grenada Capsicum Market Revenue Share, By Companies, 2024 |
10.2 Grenada Capsicum 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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