| Product Code: ETC7370491 | 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 |
Grenada`s import shipments of flavoring agents in 2024 continued to be dominated by top suppliers such as Iran, Trinidad and Tobago, USA, Ireland, and UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the negative compound annual growth rate (CAGR) from 2020-24 suggests a challenging period for the industry. However, the growth rate from 2023-24 of 7.0 shows a potential rebound and increased demand for flavoring agents in Grenada. Overall, the market dynamics are complex but with signs of resilience and growth in the near future.
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 Flavouring Agents Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Flavouring Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Flavouring Agents Market - Industry Life Cycle |
3.4 Grenada Flavouring Agents Market - Porter's Five Forces |
3.5 Grenada Flavouring Agents Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Flavouring Agents Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Flavouring Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Flavouring Agents Market Trends |
6 Grenada Flavouring Agents Market, By Types |
6.1 Grenada Flavouring Agents Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Flavouring Agents Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Flavouring Agents Market Revenues & Volume, By Beverages, 2021- 2031F |
6.1.4 Grenada Flavouring Agents Market Revenues & Volume, By Bakery, 2021- 2031F |
6.1.5 Grenada Flavouring Agents Market Revenues & Volume, By Dairy, 2021- 2031F |
6.1.6 Grenada Flavouring Agents Market Revenues & Volume, By Savory & Convenience Foods, 2021- 2031F |
6.1.7 Grenada Flavouring Agents Market Revenues & Volume, By Confectionery, 2021- 2031F |
6.1.8 Grenada Flavouring Agents Market Revenues & Volume, By Meat, 2021- 2031F |
6.2 Grenada Flavouring Agents Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Flavouring Agents Market Revenues & Volume, By Natural Flavour, 2021- 2031F |
6.2.3 Grenada Flavouring Agents Market Revenues & Volume, By Artificial Flavour, 2021- 2031F |
7 Grenada Flavouring Agents Market Import-Export Trade Statistics |
7.1 Grenada Flavouring Agents Market Export to Major Countries |
7.2 Grenada Flavouring Agents Market Imports from Major Countries |
8 Grenada Flavouring Agents Market Key Performance Indicators |
9 Grenada Flavouring Agents Market - Opportunity Assessment |
9.1 Grenada Flavouring Agents Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Flavouring Agents Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Flavouring Agents Market - Competitive Landscape |
10.1 Grenada Flavouring Agents Market Revenue Share, By Companies, 2024 |
10.2 Grenada Flavouring Agents 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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