| Product Code: ETC7370970 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see significant growth in the import of functional drinks, with top exporting countries including Trinidad and Tobago, USA, Metropolitan France, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 69.79% from 2020 to 2024 further demonstrates the increasing demand for these products. A notable growth rate of 89.57% from 2023 to 2024 suggests a thriving market for functional drinks in Grenada, presenting opportunities for both local distributors and international suppliers to capitalize on this trend.
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 Functional Drinks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Functional Drinks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Functional Drinks Market - Industry Life Cycle |
3.4 Grenada Functional Drinks Market - Porter's Five Forces |
3.5 Grenada Functional Drinks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Functional Drinks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Functional Drinks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Functional Drinks Market Trends |
6 Grenada Functional Drinks Market, By Types |
6.1 Grenada Functional Drinks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Functional Drinks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Functional Drinks Market Revenues & Volume, By Energy Drinks, 2021- 2031F |
6.1.4 Grenada Functional Drinks Market Revenues & Volume, By Sports Drinks, 2021- 2031F |
6.1.5 Grenada Functional Drinks Market Revenues & Volume, By Nutraceutical Drinks, 2021- 2031F |
6.2 Grenada Functional Drinks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Functional Drinks Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F |
6.2.3 Grenada Functional Drinks Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.4 Grenada Functional Drinks Market Revenues & Volume, By Online, 2021- 2031F |
6.2.5 Grenada Functional Drinks Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Functional Drinks Market Import-Export Trade Statistics |
7.1 Grenada Functional Drinks Market Export to Major Countries |
7.2 Grenada Functional Drinks Market Imports from Major Countries |
8 Grenada Functional Drinks Market Key Performance Indicators |
9 Grenada Functional Drinks Market - Opportunity Assessment |
9.1 Grenada Functional Drinks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Functional Drinks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Functional Drinks Market - Competitive Landscape |
10.1 Grenada Functional Drinks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Functional Drinks 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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