| Product Code: ETC7370022 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import of faba beans in 2024 saw a notable presence from Trinidad and Tobago, USA, Puerto Rico, Canada, and other areas. The market continues to exhibit high concentration with a high Herfindahl-Hirschman Index (HHI). Despite a healthy compound annual growth rate (CAGR) of 5.32% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -10.28%. Monitoring these trends can provide valuable insights into the dynamics of the faba beans market in 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 Faba Beans Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Faba Beans Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Faba Beans Market - Industry Life Cycle |
3.4 Grenada Faba Beans Market - Porter's Five Forces |
3.5 Grenada Faba Beans Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Faba Beans Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Grenada Faba Beans Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Faba Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of faba beans |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Favorable government policies supporting sustainable agriculture practices in Grenada |
4.3 Market Restraints |
4.3.1 Limited availability of skilled labor for faba bean cultivation and harvesting |
4.3.2 Vulnerability to weather conditions affecting crop yields |
4.3.3 Lack of infrastructure for efficient transportation and storage of faba beans |
5 Grenada Faba Beans Market Trends |
6 Grenada Faba Beans Market, By Types |
6.1 Grenada Faba Beans Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Faba Beans Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Faba Beans Market Revenues & Volume, By Protein Isolates, 2021- 2031F |
6.1.4 Grenada Faba Beans Market Revenues & Volume, By Protein Concentrates, 2021- 2031F |
6.1.5 Grenada Faba Beans Market Revenues & Volume, By Flour, 2021- 2031F |
6.1.6 Grenada Faba Beans Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada Faba Beans Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Grenada Faba Beans Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Grenada Faba Beans Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Grenada Faba Beans Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Faba Beans Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.3.3 Grenada Faba Beans Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
6.3.4 Grenada Faba Beans Market Revenues & Volume, By Meat Alternatives, 2021- 2031F |
6.3.5 Grenada Faba Beans Market Revenues & Volume, By Functional Foods, 2021- 2031F |
7 Grenada Faba Beans Market Import-Export Trade Statistics |
7.1 Grenada Faba Beans Market Export to Major Countries |
7.2 Grenada Faba Beans Market Imports from Major Countries |
8 Grenada Faba Beans Market Key Performance Indicators |
8.1 Average yield per acre of faba beans |
8.2 Percentage of farmers adopting sustainable farming practices for faba beans cultivation |
8.3 Price volatility of faba beans in the market |
9 Grenada Faba Beans Market - Opportunity Assessment |
9.1 Grenada Faba Beans Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Faba Beans Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Grenada Faba Beans Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Faba Beans Market - Competitive Landscape |
10.1 Grenada Faba Beans Market Revenue Share, By Companies, 2024 |
10.2 Grenada Faba Beans 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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