| Product Code: ETC5257130 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see significant import shipments of cinnamon bark oil, with top exporting countries including Trinidad and Tobago, USA, Guyana, UK, and China. The Herfindahl-Hirschman Index (HHI) indicated a high concentration of imports in the market. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 12.44%, pointing towards a steady expansion in demand for Grenada`s cinnamon bark oil imports.
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 Cinnamon Bark Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cinnamon Bark Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cinnamon Bark Oil Market - Industry Life Cycle |
3.4 Grenada Cinnamon Bark Oil Market - Porter's Five Forces |
3.5 Grenada Cinnamon Bark Oil Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Cinnamon Bark Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Cinnamon Bark Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of cinnamon bark oil |
4.2.2 Growing demand for natural and organic products |
4.2.3 Rise in the use of cinnamon bark oil in aromatherapy and personal care products |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in cinnamon bark oil production |
4.3.2 Price volatility of raw materials |
4.3.3 Regulatory challenges related to the production and distribution of essential oils |
5 Grenada Cinnamon Bark Oil Market Trends |
6 Grenada Cinnamon Bark Oil Market Segmentations |
6.1 Grenada Cinnamon Bark Oil Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Traditional Medicine, 2021-2031F |
6.1.3 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Flavouring Additive, 2021-2031F |
6.1.4 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Aromatic Condiment, 2021-2031F |
6.1.5 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Cinnamon Bark Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.3 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.2.4 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.5 Grenada Cinnamon Bark Oil Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Cinnamon Bark Oil Market Import-Export Trade Statistics |
7.1 Grenada Cinnamon Bark Oil Market Export to Major Countries |
7.2 Grenada Cinnamon Bark Oil Market Imports from Major Countries |
8 Grenada Cinnamon Bark Oil Market Key Performance Indicators |
8.1 Consumer interest and engagement in cinnamon bark oil products (e.g., website traffic, social media interactions) |
8.2 Number of new product launches featuring cinnamon bark oil |
8.3 Increase in partnerships and collaborations within the cinnamon bark oil industry |
9 Grenada Cinnamon Bark Oil Market - Opportunity Assessment |
9.1 Grenada Cinnamon Bark Oil Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Cinnamon Bark Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Cinnamon Bark Oil Market - Competitive Landscape |
10.1 Grenada Cinnamon Bark Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cinnamon Bark Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |