| Product Code: ETC7366312 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import market for carrots and turnips saw significant growth in 2024, with the top exporting countries being the USA, Trinidad and Tobago, China, Netherlands, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market entry. The impressive Compound Annual Growth Rate (CAGR) of 10.46% from 2020 to 2024 highlights a growing demand for these products in Grenada. Moreover, the strong growth rate of 10.97% from 2023 to 2024 signals continued expansion opportunities in the sector.
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 Carrots and Turnips Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Carrots and Turnips Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Carrots and Turnips Market - Industry Life Cycle |
3.4 Grenada Carrots and Turnips Market - Porter's Five Forces |
3.5 Grenada Carrots and Turnips Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Carrots and Turnips Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Carrots and Turnips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming carrots and turnips |
4.2.2 Growing demand for organic and locally sourced produce |
4.2.3 Expansion of distribution channels and availability in supermarkets and online platforms |
4.3 Market Restraints |
4.3.1 Seasonal availability affecting supply chain and pricing |
4.3.2 Vulnerability to weather conditions impacting crop yield and quality |
5 Grenada Carrots and Turnips Market Trends |
6 Grenada Carrots and Turnips Market, By Types |
6.1 Grenada Carrots and Turnips Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Carrots and Turnips Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Carrots and Turnips Market Revenues & Volume, By Carrots, 2021- 2031F |
6.1.4 Grenada Carrots and Turnips Market Revenues & Volume, By Turnips, 2021- 2031F |
6.2 Grenada Carrots and Turnips Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Carrots and Turnips Market Revenues & Volume, By Self-sale, 2021- 2031F |
6.2.3 Grenada Carrots and Turnips Market Revenues & Volume, By Export, 2021- 2031F |
7 Grenada Carrots and Turnips Market Import-Export Trade Statistics |
7.1 Grenada Carrots and Turnips Market Export to Major Countries |
7.2 Grenada Carrots and Turnips Market Imports from Major Countries |
8 Grenada Carrots and Turnips Market Key Performance Indicators |
8.1 Average selling price of grenada carrots and turnips |
8.2 Percentage increase in demand from urban markets |
8.3 Number of new partnerships with distributors and retailers |
8.4 Adoption rate of sustainable farming practices within the industry |
8.5 Consumer satisfaction scores for product quality and freshness |
9 Grenada Carrots and Turnips Market - Opportunity Assessment |
9.1 Grenada Carrots and Turnips Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Carrots and Turnips Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Carrots and Turnips Market - Competitive Landscape |
10.1 Grenada Carrots and Turnips Market Revenue Share, By Companies, 2024 |
10.2 Grenada Carrots and Turnips 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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