| Product Code: ETC12209638 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada continues to see a significant influx of formulation additive imports, with top exporters in 2024 being the USA, Trinidad and Tobago, China, Jamaica, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting dominant players in the industry. The impressive compound annual growth rate (CAGR) of 38.8% from 2020 to 2024 demonstrates a thriving market. Moreover, the growth rate of 21.38% from 2023 to 2024 highlights the sustained momentum in the formulation additive import sector, indicating promising opportunities for both local and international stakeholders.
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 Formulation Additive Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Formulation Additive Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Formulation Additive Market - Industry Life Cycle |
3.4 Grenada Formulation Additive Market - Porter's Five Forces |
3.5 Grenada Formulation Additive Market Revenues & Volume Share, By Additive Type, 2021 & 2031F |
3.6 Grenada Formulation Additive Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Formulation Additive Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Formulation Additive Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Grenada Formulation Additive Market Revenues & Volume Share, By Compatibility, 2021 & 2031F |
4 Grenada Formulation Additive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Formulation Additive Market Trends |
6 Grenada Formulation Additive Market, By Types |
6.1 Grenada Formulation Additive Market, By Additive Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Formulation Additive Market Revenues & Volume, By Additive Type, 2021 - 2031F |
6.1.3 Grenada Formulation Additive Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
6.1.4 Grenada Formulation Additive Market Revenues & Volume, By Stabilizers, 2021 - 2031F |
6.1.5 Grenada Formulation Additive Market Revenues & Volume, By Emulsifiers, 2021 - 2031F |
6.1.6 Grenada Formulation Additive Market Revenues & Volume, By Flavor Enhancers, 2021 - 2031F |
6.2 Grenada Formulation Additive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Formulation Additive Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.2.3 Grenada Formulation Additive Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.2.4 Grenada Formulation Additive Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.2.5 Grenada Formulation Additive Market Revenues & Volume, By Paint & Coatings, 2021 - 2031F |
6.3 Grenada Formulation Additive Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Formulation Additive Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.3.3 Grenada Formulation Additive Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.4 Grenada Formulation Additive Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.3.5 Grenada Formulation Additive Market Revenues & Volume, By Chemical Manufacturing, 2021 - 2031F |
6.4 Grenada Formulation Additive Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Grenada Formulation Additive Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4.3 Grenada Formulation Additive Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.4 Grenada Formulation Additive Market Revenues & Volume, By Paste, 2021 - 2031F |
6.4.5 Grenada Formulation Additive Market Revenues & Volume, By Granular, 2021 - 2031F |
6.5 Grenada Formulation Additive Market, By Compatibility |
6.5.1 Overview and Analysis |
6.5.2 Grenada Formulation Additive Market Revenues & Volume, By Oil-Based, 2021 - 2031F |
6.5.3 Grenada Formulation Additive Market Revenues & Volume, By Water-Based, 2021 - 2031F |
6.5.4 Grenada Formulation Additive Market Revenues & Volume, By Multi-Purpose, 2021 - 2031F |
6.5.5 Grenada Formulation Additive Market Revenues & Volume, By Water-Soluble, 2021 - 2031F |
7 Grenada Formulation Additive Market Import-Export Trade Statistics |
7.1 Grenada Formulation Additive Market Export to Major Countries |
7.2 Grenada Formulation Additive Market Imports from Major Countries |
8 Grenada Formulation Additive Market Key Performance Indicators |
9 Grenada Formulation Additive Market - Opportunity Assessment |
9.1 Grenada Formulation Additive Market Opportunity Assessment, By Additive Type, 2021 & 2031F |
9.2 Grenada Formulation Additive Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Formulation Additive Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Formulation Additive Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Grenada Formulation Additive Market Opportunity Assessment, By Compatibility, 2021 & 2031F |
10 Grenada Formulation Additive Market - Competitive Landscape |
10.1 Grenada Formulation Additive Market Revenue Share, By Companies, 2024 |
10.2 Grenada Formulation Additive 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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