| Product Code: ETC12239206 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Despite a significant drop in growth rate in 2024, Grenada continues to import ginseng extract primarily from the USA, Turkey, UK, Saint Lucia, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, emphasizing the dominance of these top exporting countries. With a strong compound annual growth rate (CAGR) of 13.43% from 2020 to 2024, the market for ginseng extract imports in Grenada shows promising long-term potential despite the temporary setback in growth from 2023 to 2024.
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 Ginseng Extract Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ginseng Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ginseng Extract Market - Industry Life Cycle |
3.4 Grenada Ginseng Extract Market - Porter's Five Forces |
3.5 Grenada Ginseng Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Ginseng Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Ginseng Extract Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Ginseng Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ginseng Extract Market Trends |
6 Grenada Ginseng Extract Market, By Types |
6.1 Grenada Ginseng Extract Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ginseng Extract Market Revenues & Volume, By Form, 2021 - 2031F |
6.1.3 Grenada Ginseng Extract Market Revenues & Volume, By Powder, 2021 - 2031F |
6.1.4 Grenada Ginseng Extract Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.1.5 Grenada Ginseng Extract Market Revenues & Volume, By Capsules, 2021 - 2031F |
6.2 Grenada Ginseng Extract Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ginseng Extract Market Revenues & Volume, By Cosmetics & Personal Care, 2021 - 2031F |
6.2.3 Grenada Ginseng Extract Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.2.4 Grenada Ginseng Extract Market Revenues & Volume, By Dietary Supplements, 2021 - 2031F |
6.2.5 Grenada Ginseng Extract Market Revenues & Volume, By Food& Beverages, 2021 - 2031F |
6.3 Grenada Ginseng Extract Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ginseng Extract Market Revenues & Volume, By Pharmacies/Drug Stores, 2021 - 2031F |
6.3.3 Grenada Ginseng Extract Market Revenues & Volume, By Hypermarket/Supermarket, 2021 - 2031F |
6.3.4 Grenada Ginseng Extract Market Revenues & Volume, By Online Retailing, 2021 - 2031F |
6.3.5 Grenada Ginseng Extract Market Revenues & Volume, By Health/Beauty Stores, 2021 - 2031F |
6.3.6 Grenada Ginseng Extract Market Revenues & Volume, By Direct Selling, 2021 - 2031F |
7 Grenada Ginseng Extract Market Import-Export Trade Statistics |
7.1 Grenada Ginseng Extract Market Export to Major Countries |
7.2 Grenada Ginseng Extract Market Imports from Major Countries |
8 Grenada Ginseng Extract Market Key Performance Indicators |
9 Grenada Ginseng Extract Market - Opportunity Assessment |
9.1 Grenada Ginseng Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Ginseng Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Ginseng Extract Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Ginseng Extract Market - Competitive Landscape |
10.1 Grenada Ginseng Extract Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ginseng Extract 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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