| Product Code: ETC12079654 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely heavily on imports of fermented ingredients, with Trinidad and Tobago, USA, and Puerto Rico leading the way. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-24 remained positive at 4.34%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape, suggesting potential challenges and opportunities for market players in the fermented ingredient industry 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 Fermented Ingredient Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fermented Ingredient Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fermented Ingredient Market - Industry Life Cycle |
3.4 Grenada Fermented Ingredient Market - Porter's Five Forces |
3.5 Grenada Fermented Ingredient Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Fermented Ingredient Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Grenada Fermented Ingredient Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Fermented Ingredient Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Fermented Ingredient Market Trends |
6 Grenada Fermented Ingredient Market, By Types |
6.1 Grenada Fermented Ingredient Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fermented Ingredient Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Fermented Ingredient Market Revenues & Volume, By Enzymes, 2021 - 2031F |
6.1.4 Grenada Fermented Ingredient Market Revenues & Volume, By Amino Acids, 2021 - 2031F |
6.1.5 Grenada Fermented Ingredient Market Revenues & Volume, By Organic Acids, 2021 - 2031F |
6.1.6 Grenada Fermented Ingredient Market Revenues & Volume, By Probiotics, 2021 - 2031F |
6.2 Grenada Fermented Ingredient Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fermented Ingredient Market Revenues & Volume, By Microbial, 2021 - 2031F |
6.2.3 Grenada Fermented Ingredient Market Revenues & Volume, By Plant-based, 2021 - 2031F |
6.2.4 Grenada Fermented Ingredient Market Revenues & Volume, By Animal-based, 2021 - 2031F |
6.2.5 Grenada Fermented Ingredient Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.3 Grenada Fermented Ingredient Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Fermented Ingredient Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.3.3 Grenada Fermented Ingredient Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.4 Grenada Fermented Ingredient Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3.5 Grenada Fermented Ingredient Market Revenues & Volume, By Biofuel, 2021 - 2031F |
7 Grenada Fermented Ingredient Market Import-Export Trade Statistics |
7.1 Grenada Fermented Ingredient Market Export to Major Countries |
7.2 Grenada Fermented Ingredient Market Imports from Major Countries |
8 Grenada Fermented Ingredient Market Key Performance Indicators |
9 Grenada Fermented Ingredient Market - Opportunity Assessment |
9.1 Grenada Fermented Ingredient Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Fermented Ingredient Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Grenada Fermented Ingredient Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Fermented Ingredient Market - Competitive Landscape |
10.1 Grenada Fermented Ingredient Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fermented Ingredient 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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