| Product Code: ETC5801746 | 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 |
Grenada continues to rely heavily on confectionery ingredients imports from Trinidad and Tobago, USA, UK, Puerto Rico, and Colombia in 2024. The market shows a high concentration level with a consistently high Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 17.15% from 2020 to 2024 and a notable growth rate of 11.0% from 2023 to 2024, the confectionery ingredients market in Grenada is displaying significant expansion and potential for further development in the coming years.
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 Confectionery Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Confectionery Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Confectionery Ingredients Market - Industry Life Cycle |
3.4 Grenada Confectionery Ingredients Market - Porter's Five Forces |
3.5 Grenada Confectionery Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Confectionery Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Confectionery Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Grenada Confectionery Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Grenada Confectionery Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for premium confectionery products |
4.2.2 Growing popularity of natural and organic ingredients in the food industry |
4.2.3 Rising disposable incomes and changing consumer lifestyles in Grenada |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as cocoa, sugar, and nuts |
4.3.2 Intense competition from established international confectionery ingredient suppliers |
4.3.3 Stringent regulations and quality standards in the food industry |
5 Grenada Confectionery Ingredients Market Trends |
6 Grenada Confectionery Ingredients Market Segmentations |
6.1 Grenada Confectionery Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Confectionery Ingredients Market Revenues & Volume, By Cocoa & Chocolate, 2021-2031F |
6.1.3 Grenada Confectionery Ingredients Market Revenues & Volume, By Dairy Ingredients, 2021-2031F |
6.1.4 Grenada Confectionery Ingredients Market Revenues & Volume, By Hydrocolloids, 2021-2031F |
6.1.5 Grenada Confectionery Ingredients Market Revenues & Volume, By Emulsifiers, 2021-2031F |
6.1.6 Grenada Confectionery Ingredients Market Revenues & Volume, By Malts, 2021-2031F |
6.1.7 Grenada Confectionery Ingredients Market Revenues & Volume, By Oils & Shortenings, 2021-2031F |
6.1.9 Grenada Confectionery Ingredients Market Revenues & Volume, By Flavors, 2021-2031F |
6.1.10 Grenada Confectionery Ingredients Market Revenues & Volume, By Flavors, 2021-2031F |
6.2 Grenada Confectionery Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Confectionery Ingredients Market Revenues & Volume, By Chocolate, 2021-2031F |
6.2.3 Grenada Confectionery Ingredients Market Revenues & Volume, By Sugar Confectionery, 2021-2031F |
6.2.4 Grenada Confectionery Ingredients Market Revenues & Volume, By Gums, 2021-2031F |
6.3 Grenada Confectionery Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Grenada Confectionery Ingredients Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3.3 Grenada Confectionery Ingredients Market Revenues & Volume, By Natural, 2021-2031F |
6.4 Grenada Confectionery Ingredients Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Grenada Confectionery Ingredients Market Revenues & Volume, By Dry, 2021-2031F |
6.4.3 Grenada Confectionery Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
7 Grenada Confectionery Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Confectionery Ingredients Market Export to Major Countries |
7.2 Grenada Confectionery Ingredients Market Imports from Major Countries |
8 Grenada Confectionery Ingredients Market Key Performance Indicators |
8.1 Percentage of confectionery products in Grenada using locally sourced ingredients |
8.2 Number of new product launches featuring innovative confectionery ingredients |
8.3 Growth in the number of confectionery manufacturers in Grenada using sustainable sourcing practices |
8.4 Average time taken for product development and launch in the confectionery market in Grenada |
9 Grenada Confectionery Ingredients Market - Opportunity Assessment |
9.1 Grenada Confectionery Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Confectionery Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Confectionery Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Grenada Confectionery Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Grenada Confectionery Ingredients Market - Competitive Landscape |
10.1 Grenada Confectionery Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Confectionery Ingredients 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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