| Product Code: ETC4842436 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada`s floriculture import market continued to showcase a high level of concentration, with the top exporting countries being the USA, Saint Lucia, Colombia, Thailand, and Barbados. Despite a remarkable compound annual growth rate (CAGR) of 81.47% from 2020 to 2024, the market experienced a slight decline in growth rate from 2023 to 2024 at -23.21%. This indicates a dynamic market landscape with potential opportunities for further expansion and diversification in the floriculture sector in Grenada.
The Floriculture market in Grenada is projected to grow at a negative growth rate of -0.22% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Floriculture Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Floriculture Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Floriculture Market - Industry Life Cycle |
3.4 Grenada Floriculture Market - Porter's Five Forces |
3.5 Grenada Floriculture Market Revenues & Volume Share, By Flower Type, 2021 & 2031F |
3.6 Grenada Floriculture Market Revenues & Volume Share, By Sector, 2021 & 2031F |
3.7 Grenada Floriculture Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Floriculture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Floriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Floriculture Market Trends |
6 Grenada Floriculture Market Segmentations |
6.1 Grenada Floriculture Market, By Flower Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Floriculture Market Revenues & Volume, By Cut Flowers, 2021-2031F |
6.1.3 Grenada Floriculture Market Revenues & Volume, By Loose Flowers, 2021-2031F |
6.2 Grenada Floriculture Market, By Sector |
6.2.1 Overview and Analysis |
6.2.2 Grenada Floriculture Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Grenada Floriculture Market Revenues & Volume, By Institutional, 2021-2031F |
6.3 Grenada Floriculture Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Floriculture Market Revenues & Volume, By Unorganised Retail, 2021-2031F |
6.3.3 Grenada Floriculture Market Revenues & Volume, By Florists, 2021-2031F |
6.3.4 Grenada Floriculture Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.5 Grenada Floriculture Market Revenues & Volume, By Online, 2021-2031F |
6.3.6 Grenada Floriculture Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Floriculture Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Floriculture Market Revenues & Volume, By Aesthetic and Decorative Purposes, 2021-2031F |
6.4.3 Grenada Floriculture Market Revenues & Volume, By Flavours and Fragrances, 2021-2031F |
6.4.4 Grenada Floriculture Market Revenues & Volume, By Natural Colours, 2021-2031F |
6.4.5 Grenada Floriculture Market Revenues & Volume, By Medicines, 2021-2031F |
6.4.6 Grenada Floriculture Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Floriculture Market Import-Export Trade Statistics |
7.1 Grenada Floriculture Market Export to Major Countries |
7.2 Grenada Floriculture Market Imports from Major Countries |
8 Grenada Floriculture Market Key Performance Indicators |
9 Grenada Floriculture Market - Opportunity Assessment |
9.1 Grenada Floriculture Market Opportunity Assessment, By Flower Type, 2021 & 2031F |
9.2 Grenada Floriculture Market Opportunity Assessment, By Sector, 2021 & 2031F |
9.3 Grenada Floriculture Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Floriculture Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Floriculture Market - Competitive Landscape |
10.1 Grenada Floriculture Market Revenue Share, By Companies, 2024 |
10.2 Grenada Floriculture 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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