| Product Code: ETC5794298 | 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 |
The dairy alternatives import market in Grenada continues to see significant growth, with a high concentration of shipments from key exporting countries such as the USA, Jamaica, UK, Trinidad and Tobago, and the Netherlands. The market concentration has significantly increased from 2023 to 2024, indicating a more competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 13.09% from 2020 to 2024 demonstrates a strong upward trajectory, with a notable growth rate of 11.36% from 2023 to 2024. This data suggests a growing demand for dairy alternatives in Grenada, presenting opportunities for both local and international suppliers.
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 Dairy Alternatives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Dairy Alternatives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Dairy Alternatives Market - Industry Life Cycle |
3.4 Grenada Dairy Alternatives Market - Porter's Five Forces |
3.5 Grenada Dairy Alternatives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Grenada Dairy Alternatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Dairy Alternatives Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Dairy Alternatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about lactose intolerance and dairy allergies |
4.2.2 Growing focus on health and wellness trends |
4.2.3 Rising vegan and plant-based diet adoption |
4.3 Market Restraints |
4.3.1 High cost associated with dairy alternative products |
4.3.2 Limited availability and distribution channels |
4.3.3 Consumer preference for traditional dairy products |
5 Grenada Dairy Alternatives Market Trends |
6 Grenada Dairy Alternatives Market Segmentations |
6.1 Grenada Dairy Alternatives Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Dairy Alternatives Market Revenues & Volume, By Soy, 2021-2031F |
6.1.3 Grenada Dairy Alternatives Market Revenues & Volume, By Almond, 2021-2031F |
6.1.4 Grenada Dairy Alternatives Market Revenues & Volume, By Coconut, 2021-2031F |
6.1.5 Grenada Dairy Alternatives Market Revenues & Volume, By Oats, 2021-2031F |
6.1.6 Grenada Dairy Alternatives Market Revenues & Volume, By Rice, 2021-2031F |
6.1.7 Grenada Dairy Alternatives Market Revenues & Volume, By Hemp, 2021-2031F |
6.2 Grenada Dairy Alternatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Dairy Alternatives Market Revenues & Volume, By Milk, 2021-2031F |
6.2.3 Grenada Dairy Alternatives Market Revenues & Volume, By Yogurt, 2021-2031F |
6.2.4 Grenada Dairy Alternatives Market Revenues & Volume, By Ice creams, 2021-2031F |
6.2.5 Grenada Dairy Alternatives Market Revenues & Volume, By Cheese, 2021-2031F |
6.2.6 Grenada Dairy Alternatives Market Revenues & Volume, By Creamers, 2021-2031F |
6.3 Grenada Dairy Alternatives Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Dairy Alternatives Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.3.3 Grenada Dairy Alternatives Market Revenues & Volume, By Health Food Stores, 2021-2031F |
6.3.4 Grenada Dairy Alternatives Market Revenues & Volume, By Pharmacies, 2021-2031F |
7 Grenada Dairy Alternatives Market Import-Export Trade Statistics |
7.1 Grenada Dairy Alternatives Market Export to Major Countries |
7.2 Grenada Dairy Alternatives Market Imports from Major Countries |
8 Grenada Dairy Alternatives Market Key Performance Indicators |
8.1 Number of new dairy alternative product launches in Grenada |
8.2 Percentage increase in plant-based milk consumption per capita |
8.3 Growth in the number of health food stores carrying dairy alternative products |
9 Grenada Dairy Alternatives Market - Opportunity Assessment |
9.1 Grenada Dairy Alternatives Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Grenada Dairy Alternatives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Dairy Alternatives Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Dairy Alternatives Market - Competitive Landscape |
10.1 Grenada Dairy Alternatives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Dairy Alternatives 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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