| Product Code: ETC7366368 | 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 castor oil & derivatives import market in 2024 shows a strong presence of top exporting countries including the USA, UK, Trinidad and Tobago, Canada, and Italy. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a significant decline with a compound annual growth rate of -19.94% from 2020-24. The growth rate in 2024 also plummeted by -66.6% compared to the previous year, reflecting challenges within the sector. Continuous monitoring and strategic interventions may be crucial for stakeholders to navigate these turbulent market conditions.
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 Castor Oil & Derivatives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Castor Oil & Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Castor Oil & Derivatives Market - Industry Life Cycle |
3.4 Grenada Castor Oil & Derivatives Market - Porter's Five Forces |
3.5 Grenada Castor Oil & Derivatives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Castor Oil & Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Castor Oil & Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic products in the beauty and pharmaceutical industries |
4.2.2 Growing awareness about the benefits of castor oil and its derivatives for hair and skin care |
4.2.3 Rising popularity of sustainable and eco-friendly products in the global market |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Limited availability of high-quality castor seeds for oil extraction |
4.3.3 Stringent regulations and certifications required for organic and natural products |
5 Grenada Castor Oil & Derivatives Market Trends |
6 Grenada Castor Oil & Derivatives Market, By Types |
6.1 Grenada Castor Oil & Derivatives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Sebacic Acid, 2021- 2031F |
6.1.4 Grenada Castor Oil & Derivatives Market Revenues & Volume, By 12-HSA, 2021- 2031F |
6.1.5 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Ricinoleic Acid, 2021- 2031F |
6.1.6 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Hydrogenated Castor Oil (Castor Wax), 2021- 2031F |
6.1.7 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Undecylenic Acid, 2021- 2031F |
6.1.8 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Dehydrated Castor Oil, 2021- 2031F |
6.2 Grenada Castor Oil & Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Lubricants, 2021- 2031F |
6.2.3 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Surface Coatings, 2021- 2031F |
6.2.4 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Biodiesel, 2021- 2031F |
6.2.5 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Cosmetics and Pharmaceuticals, 2021- 2031F |
6.2.6 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Plastics and Resins, 2021- 2031F |
6.2.7 Grenada Castor Oil & Derivatives Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Castor Oil & Derivatives Market Import-Export Trade Statistics |
7.1 Grenada Castor Oil & Derivatives Market Export to Major Countries |
7.2 Grenada Castor Oil & Derivatives Market Imports from Major Countries |
8 Grenada Castor Oil & Derivatives Market Key Performance Indicators |
8.1 Average selling price of grenada castor oil and derivatives |
8.2 Number of new product launches featuring grenada castor oil and derivatives |
8.3 Percentage increase in demand from key end-use industries |
9 Grenada Castor Oil & Derivatives Market - Opportunity Assessment |
9.1 Grenada Castor Oil & Derivatives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Castor Oil & Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Castor Oil & Derivatives Market - Competitive Landscape |
10.1 Grenada Castor Oil & Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Castor Oil & Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |