| Product Code: ETC7370468 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to import a significant amount of flavor compounds, with top exporting countries including Iran, USA, Trinidad and Tobago, Barbados, and UK. The concentration of import shipments remained high, indicating a competitive market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth rate of 15.67% from 2023 to 2024. This suggests potential opportunities for further market expansion and diversification in the flavor compounds sector 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 Flavor Compounds Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Flavor Compounds Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Flavor Compounds Market - Industry Life Cycle |
3.4 Grenada Flavor Compounds Market - Porter's Five Forces |
3.5 Grenada Flavor Compounds Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.6 Grenada Flavor Compounds Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Flavor Compounds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Flavor Compounds Market Trends |
6 Grenada Flavor Compounds Market, By Types |
6.1 Grenada Flavor Compounds Market, By Flavor |
6.1.1 Overview and Analysis |
6.1.2 Grenada Flavor Compounds Market Revenues & Volume, By Flavor, 2021- 2031F |
6.1.3 Grenada Flavor Compounds Market Revenues & Volume, By Salty Flavor, 2021- 2031F |
6.1.4 Grenada Flavor Compounds Market Revenues & Volume, By Fruity Flavor, 2021- 2031F |
6.1.5 Grenada Flavor Compounds Market Revenues & Volume, By Savory Flavor, 2021- 2031F |
6.1.6 Grenada Flavor Compounds Market Revenues & Volume, By Spicy Flavor, 2021- 2031F |
6.1.7 Grenada Flavor Compounds Market Revenues & Volume, By Sweet Flavor, 2021- 2031F |
6.1.8 Grenada Flavor Compounds Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Flavor Compounds Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Flavor Compounds Market Revenues & Volume, By Meat Alternatives, 2021- 2031F |
6.2.3 Grenada Flavor Compounds Market Revenues & Volume, By Plant-based Yogurts, 2021- 2031F |
6.2.4 Grenada Flavor Compounds Market Revenues & Volume, By Plant-based Beverages, 2021- 2031F |
6.2.5 Grenada Flavor Compounds Market Revenues & Volume, By Protein Bars & Snacks, 2021- 2031F |
6.2.6 Grenada Flavor Compounds Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Flavor Compounds Market Import-Export Trade Statistics |
7.1 Grenada Flavor Compounds Market Export to Major Countries |
7.2 Grenada Flavor Compounds Market Imports from Major Countries |
8 Grenada Flavor Compounds Market Key Performance Indicators |
9 Grenada Flavor Compounds Market - Opportunity Assessment |
9.1 Grenada Flavor Compounds Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.2 Grenada Flavor Compounds Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Flavor Compounds Market - Competitive Landscape |
10.1 Grenada Flavor Compounds Market Revenue Share, By Companies, 2024 |
10.2 Grenada Flavor Compounds 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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