| Product Code: ETC7370783 | 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 saw continued reliance on food processing ingredients imports, with top exporters being the USA, Costa Rica, Brazil, UK, and UAE. Despite experiencing a decrease in growth rate from 2023, the compound annual growth rate (CAGR) for 2020-2024 remained strong at 9.52%. The Herfindahl-Hirschman Index (HHI) indicated high market concentration in 2023, which persisted into 2024. This data suggests a competitive landscape dominated by key players, emphasizing the importance of market diversification strategies for Grenada`s food processing industry.
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 Food Processing Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Food Processing Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Food Processing Ingredients Market - Industry Life Cycle |
3.4 Grenada Food Processing Ingredients Market - Porter's Five Forces |
3.5 Grenada Food Processing Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Food Processing Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Grenada Food Processing Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Grenada Food Processing Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Food Processing Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Food Processing Ingredients Market Trends |
6 Grenada Food Processing Ingredients Market, By Types |
6.1 Grenada Food Processing Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Food Processing Ingredients Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Food Processing Ingredients Market Revenues & Volume, By Modified Starch & Starch Derivatives, 2021- 2031F |
6.1.4 Grenada Food Processing Ingredients Market Revenues & Volume, By Proteins, 2021- 2031F |
6.1.5 Grenada Food Processing Ingredients Market Revenues & Volume, By Food Stabilizers, 2021- 2031F |
6.1.6 Grenada Food Processing Ingredients Market Revenues & Volume, By Emulsifiers, 2021- 2031F |
6.1.7 Grenada Food Processing Ingredients Market Revenues & Volume, By Yeast, 2021- 2031F |
6.1.8 Grenada Food Processing Ingredients Market Revenues & Volume, By Enzymes, 2021- 2031F |
6.1.9 Grenada Food Processing Ingredients Market Revenues & Volume, By Antioxidants, 2021- 2031F |
6.1.10 Grenada Food Processing Ingredients Market Revenues & Volume, By Antioxidants, 2021- 2031F |
6.2 Grenada Food Processing Ingredients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Grenada Food Processing Ingredients Market Revenues & Volume, By Dry, 2021- 2031F |
6.2.3 Grenada Food Processing Ingredients Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3 Grenada Food Processing Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Grenada Food Processing Ingredients Market Revenues & Volume, By Natural, 2021- 2031F |
6.3.3 Grenada Food Processing Ingredients Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.4 Grenada Food Processing Ingredients Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Food Processing Ingredients Market Revenues & Volume, By Bakery & Confectionary products, 2021- 2031F |
6.4.3 Grenada Food Processing Ingredients Market Revenues & Volume, By Beverages, 2021- 2031F |
6.4.4 Grenada Food Processing Ingredients Market Revenues & Volume, By Convenience Foods, 2021- 2031F |
6.4.5 Grenada Food Processing Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Food Processing Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Food Processing Ingredients Market Export to Major Countries |
7.2 Grenada Food Processing Ingredients Market Imports from Major Countries |
8 Grenada Food Processing Ingredients Market Key Performance Indicators |
9 Grenada Food Processing Ingredients Market - Opportunity Assessment |
9.1 Grenada Food Processing Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Food Processing Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Grenada Food Processing Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Grenada Food Processing Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Food Processing Ingredients Market - Competitive Landscape |
10.1 Grenada Food Processing Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Food Processing Ingredients 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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