| Product Code: ETC7366140 | 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 import shipments of caramel chocolate saw significant growth in 2024, with top exporting countries including Trinidad and Tobago, USA, UK, Puerto Rico, and Colombia. The high Herfindahl-Hirschman Index (HHI) concentration indicates a strong market presence. The impressive compound annual growth rate (CAGR) of 16.78% from 2020 to 2024 reflects a thriving market. The growth rate of 10.0% from 2023 to 2024 signals continued expansion and demand for this decadent treat. Grenada`s taste for caramel chocolate seems to be on the rise, attracting suppliers from around the world.
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 Caramel Chocolate Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Caramel Chocolate Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Caramel Chocolate Market - Industry Life Cycle |
3.4 Grenada Caramel Chocolate Market - Porter's Five Forces |
3.5 Grenada Caramel Chocolate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Caramel Chocolate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for premium and gourmet chocolates |
4.2.2 Growing demand for unique and exotic flavors in the chocolate market |
4.2.3 Rising awareness and interest in artisanal and locally sourced products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of key ingredients like cocoa and sugar |
4.3.2 Intense competition from established chocolate brands |
4.3.3 Limited availability of raw materials like Grenadian cocoa beans |
5 Grenada Caramel Chocolate Market Trends |
6 Grenada Caramel Chocolate Market, By Types |
6.1 Grenada Caramel Chocolate Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Grenada Caramel Chocolate Market Revenues & Volume, By Distribution Channel, 2021- 2031F |
6.1.3 Grenada Caramel Chocolate Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.1.4 Grenada Caramel Chocolate Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.1.5 Grenada Caramel Chocolate Market Revenues & Volume, By Non-Grocery Retailers, 2021- 2031F |
7 Grenada Caramel Chocolate Market Import-Export Trade Statistics |
7.1 Grenada Caramel Chocolate Market Export to Major Countries |
7.2 Grenada Caramel Chocolate Market Imports from Major Countries |
8 Grenada Caramel Chocolate Market Key Performance Indicators |
8.1 Percentage of repeat customers purchasing Grenada caramel chocolate |
8.2 Social media engagement rate for Grenada caramel chocolate brand |
8.3 Number of new distribution partnerships secured for Grenada caramel chocolate |
9 Grenada Caramel Chocolate Market - Opportunity Assessment |
9.1 Grenada Caramel Chocolate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Caramel Chocolate Market - Competitive Landscape |
10.1 Grenada Caramel Chocolate Market Revenue Share, By Companies, 2024 |
10.2 Grenada Caramel Chocolate 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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