| Product Code: ETC5015735 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Grenada glycerol import market experienced a significant shift in 2024, with top exporters being the UK, USA, Trinidad and Tobago, Guyana, and Areas, nes. The market concentration, as measured by the HHI, reached very high levels in 2024 compared to 2023. The compound annual growth rate (CAGR) for glycerol imports in Grenada from 2020 to 2024 was -23.84%, indicating a decline in demand over the period. Furthermore, the growth rate from 2023 to 2024 plummeted by -46.17%, reflecting a notable decrease in import volumes.
Grenada's Glycerol market is anticipated to experience a stable growth rate of 2.91% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

Glycerol is another key chemical used in a wide array of industrial and consumer applications, including as a humectant in personal care products. Its market in Grenada is linked to the global demand for high-quality, multi-purpose chemicals.
The demand for glycerol in Grenada is driven by its use in various industries, including personal care, pharmaceuticals, and food production. Glycerols versatility as a solvent, humectant, and moisturizer has made it a crucial ingredient in beauty and personal care products. The growing consumer demand for natural, safe, and sustainable personal care products is boosting the use of glycerol. Additionally, the expanding pharmaceutical sector and the need for glycerol as a base in medicinal formulations contribute to the market`s growth.
The Grenada glycerol market is similarly affected by the reliance on imported glycerol, which increases the cost of production. Additionally, the demand for glycerol fluctuates, depending on its usage in industries such as pharmaceuticals, food, and cosmetics. The market is also challenged by environmental concerns over the production of glycerol from non-renewable sources and the need for more sustainable alternatives. Moreover, limited local manufacturing of glycerol can further constrain market growth.
The glycerol market in Grenada is closely tied to the countrys growing cosmetics, pharmaceutical, and food industries. As an important byproduct of biodiesel production, glycerol is in demand for its use in skin care products, medications, and as a food additive. The government supports industries that use glycerol, particularly in the food and pharmaceutical sectors, through tax incentives and infrastructure development. As Grenada continues to focus on diversifying its industrial base, the glycerol market is expected to expand.
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 Glycerol Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Glycerol Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Glycerol Market - Industry Life Cycle |
3.4 Grenada Glycerol Market - Porter's Five Forces |
3.5 Grenada Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Grenada Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Glycerol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Glycerol Market Trends |
6 Grenada Glycerol Market Segmentations |
6.1 Grenada Glycerol Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.1.3 Grenada Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F |
6.1.4 Grenada Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F |
6.1.5 Grenada Glycerol Market Revenues & Volume, By Soap, 2021-2031F |
6.2 Grenada Glycerol Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Glycerol Market Revenues & Volume, By Crude, 2021-2031F |
6.2.3 Grenada Glycerol Market Revenues & Volume, By Refined, 2021-2031F |
6.3 Grenada Glycerol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Grenada Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 Grenada Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.5 Grenada Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Grenada Glycerol Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Grenada Glycerol Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Glycerol Market Import-Export Trade Statistics |
7.1 Grenada Glycerol Market Export to Major Countries |
7.2 Grenada Glycerol Market Imports from Major Countries |
8 Grenada Glycerol Market Key Performance Indicators |
9 Grenada Glycerol Market - Opportunity Assessment |
9.1 Grenada Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Grenada Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Glycerol Market - Competitive Landscape |
10.1 Grenada Glycerol Market Revenue Share, By Companies, 2024 |
10.2 Grenada Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |