| Product Code: ETC7367979 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of craft vodka to Grenada in 2024 were led by top exporting countries such as the USA, Guyana, Panama, Netherlands, and Metropolitan France. The market saw a significant increase in concentration levels, with the Herfindahl-Hirschman Index (HHI) reaching very high levels in 2024 compared to the already high concentration in 2023. The compound annual growth rate (CAGR) from 2020 to 2024 was a promising 11.16%, with a growth rate of 3.13% from 2023 to 2024 indicating a continued positive trend in the import of craft vodka to Grenada.
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 Craft Vodka Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Craft Vodka Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Craft Vodka Market - Industry Life Cycle |
3.4 Grenada Craft Vodka Market - Porter's Five Forces |
3.5 Grenada Craft Vodka Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Craft Vodka Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Craft Vodka Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for craft and premium spirits |
4.2.2 Growing trend towards artisanal and locally sourced products |
4.2.3 Rise in cocktail culture and mixology trends |
4.3 Market Restraints |
4.3.1 High competition from established vodka brands |
4.3.2 Challenges in distribution and reaching a wider market |
4.3.3 Fluctuating raw material prices affecting production costs |
5 Grenada Craft Vodka Market Trends |
6 Grenada Craft Vodka Market, By Types |
6.1 Grenada Craft Vodka Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Craft Vodka Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Craft Vodka Market Revenues & Volume, By Flavored craft vodka, 2021- 2031F |
6.1.4 Grenada Craft Vodka Market Revenues & Volume, By Unflavored craft vodka, 2021- 2031F |
6.2 Grenada Craft Vodka Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Craft Vodka Market Revenues & Volume, By On-trade channel, 2021- 2031F |
6.2.3 Grenada Craft Vodka Market Revenues & Volume, By Off-trade channel, 2021- 2031F |
7 Grenada Craft Vodka Market Import-Export Trade Statistics |
7.1 Grenada Craft Vodka Market Export to Major Countries |
7.2 Grenada Craft Vodka Market Imports from Major Countries |
8 Grenada Craft Vodka Market Key Performance Indicators |
8.1 Brand awareness and customer engagement through social media interactions |
8.2 Number of partnerships with local bars, restaurants, and retailers for product placements |
8.3 Percentage of repeat customers and customer loyalty programs |
9 Grenada Craft Vodka Market - Opportunity Assessment |
9.1 Grenada Craft Vodka Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Craft Vodka Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Craft Vodka Market - Competitive Landscape |
10.1 Grenada Craft Vodka Market Revenue Share, By Companies, 2024 |
10.2 Grenada Craft Vodka 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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