| Product Code: ETC10541158 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada`s controlled environment agriculture import shipments continued to show strong growth, with a CAGR of 16.47% from 2020 to 2024. The top exporting countries to Grenada in this sector were Brazil, Trinidad and Tobago, UK, Dominican Republic, and USA. Despite the increasing import volume, the Herfindahl-Hirschman Index (HHI) indicated moderate concentration levels. The impressive growth rate of 22.61% from 2023 to 2024 suggests a burgeoning market for controlled environment agriculture products in Grenada, with diverse sources contributing to its expansion.
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 Controlled Environment Agriculture Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Controlled Environment Agriculture Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Controlled Environment Agriculture Market - Industry Life Cycle |
3.4 Grenada Controlled Environment Agriculture Market - Porter's Five Forces |
3.5 Grenada Controlled Environment Agriculture Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Controlled Environment Agriculture Market Revenues & Volume Share, By Type of Environment, 2021 & 2031F |
3.7 Grenada Controlled Environment Agriculture Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.8 Grenada Controlled Environment Agriculture Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Controlled Environment Agriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of sustainable farming practices |
4.2.2 Growing demand for locally grown, fresh produce |
4.2.3 Government support and incentives for controlled environment agriculture |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up controlled environment agriculture facilities |
4.3.2 Limited technical expertise and skilled labor in the region |
4.3.3 Dependence on imported technology and equipment |
5 Grenada Controlled Environment Agriculture Market Trends |
6 Grenada Controlled Environment Agriculture Market, By Types |
6.1 Grenada Controlled Environment Agriculture Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Hydroponics, 2021 - 2031F |
6.1.4 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Aquaponics, 2021 - 2031F |
6.1.5 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Aeroponics, 2021 - 2031F |
6.1.6 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Greenhouses, 2021 - 2031F |
6.2 Grenada Controlled Environment Agriculture Market, By Type of Environment |
6.2.1 Overview and Analysis |
6.2.2 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Indoor, 2021 - 2031F |
6.2.3 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Semi-Controlled, 2021 - 2031F |
6.2.4 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Fully-Controlled, 2021 - 2031F |
6.2.5 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Outdoor, 2021 - 2031F |
6.3 Grenada Controlled Environment Agriculture Market, By Application Area |
6.3.1 Overview and Analysis |
6.3.2 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Crop Production, 2021 - 2031F |
6.3.3 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Fish Farming, 2021 - 2031F |
6.3.4 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Vertical Farming, 2021 - 2031F |
6.3.5 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Horticulture, 2021 - 2031F |
6.4 Grenada Controlled Environment Agriculture Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Urban Farmers, 2021 - 2031F |
6.4.3 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Aquaculture Farms, 2021 - 2031F |
6.4.4 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Commercial Growers, 2021 - 2031F |
6.4.5 Grenada Controlled Environment Agriculture Market Revenues & Volume, By Agricultural Sector, 2021 - 2031F |
7 Grenada Controlled Environment Agriculture Market Import-Export Trade Statistics |
7.1 Grenada Controlled Environment Agriculture Market Export to Major Countries |
7.2 Grenada Controlled Environment Agriculture Market Imports from Major Countries |
8 Grenada Controlled Environment Agriculture Market Key Performance Indicators |
8.1 Energy efficiency metrics (e.g., kWh per unit of produce) |
8.2 Crop yield per square foot of growing space |
8.3 Percentage of locally grown produce in the market |
9 Grenada Controlled Environment Agriculture Market - Opportunity Assessment |
9.1 Grenada Controlled Environment Agriculture Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Controlled Environment Agriculture Market Opportunity Assessment, By Type of Environment, 2021 & 2031F |
9.3 Grenada Controlled Environment Agriculture Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.4 Grenada Controlled Environment Agriculture Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Controlled Environment Agriculture Market - Competitive Landscape |
10.1 Grenada Controlled Environment Agriculture Market Revenue Share, By Companies, 2024 |
10.2 Grenada Controlled Environment Agriculture 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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