| Product Code: ETC4841638 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s green tea import market in 2024 continued to be dominated by a select few countries, with the top exporters being the USA, Trinidad and Tobago, Metropolitan France, Saint Kitts and Nevis, and other miscellaneous areas. Despite a significant decline in the compound annual growth rate (CAGR) of -45.09% from 2020 to 2024 and a sharp decrease in the growth rate of -61.31% from 2023 to 2024, the market remained highly concentrated with a very high Herfindahl-Hirschman Index (HHI). This suggests a challenging landscape for green tea importers in Grenada, potentially requiring strategic adjustments to navigate the competitive market environment.
In the North America region, the Green Tea market in Grenada is projected to expand at a stable growth rate of 2.76% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Green Tea Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Green Tea Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Green Tea Market - Industry Life Cycle |
3.4 Grenada Green Tea Market - Porter's Five Forces |
3.5 Grenada Green Tea Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Green Tea Market Revenues & Volume Share, By Flavour, 2021 & 2031F |
3.7 Grenada Green Tea Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Green Tea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Green Tea Market Trends |
6 Grenada Green Tea Market Segmentations |
6.1 Grenada Green Tea Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Green Tea Market Revenues & Volume, By Green Tea Bags, 2021-2031F |
6.1.3 Grenada Green Tea Market Revenues & Volume, By Green Tea Instant Mixes, 2021-2031F |
6.1.4 Grenada Green Tea Market Revenues & Volume, By Iced Green Tea, 2021-2031F |
6.1.5 Grenada Green Tea Market Revenues & Volume, By Loose Leaf, 2021-2031F |
6.1.6 Grenada Green Tea Market Revenues & Volume, By Capsules, 2021-2031F |
6.1.7 Grenada Green Tea Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Green Tea Market, By Flavour |
6.2.1 Overview and Analysis |
6.2.2 Grenada Green Tea Market Revenues & Volume, By Lemon, 2021-2031F |
6.2.3 Grenada Green Tea Market Revenues & Volume, By Aloe Vera, 2021-2031F |
6.2.4 Grenada Green Tea Market Revenues & Volume, By Cinnamon, 2021-2031F |
6.2.5 Grenada Green Tea Market Revenues & Volume, By Vanilla, 2021-2031F |
6.2.6 Grenada Green Tea Market Revenues & Volume, By Wild Berry, 2021-2031F |
6.2.7 Grenada Green Tea Market Revenues & Volume, By Jasmin, 2021-2031F |
6.2.8 Grenada Green Tea Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Grenada Green Tea Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Green Tea Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Green Tea Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 Grenada Green Tea Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Grenada Green Tea Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.5 Grenada Green Tea Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3.6 Grenada Green Tea Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Green Tea Market Import-Export Trade Statistics |
7.1 Grenada Green Tea Market Export to Major Countries |
7.2 Grenada Green Tea Market Imports from Major Countries |
8 Grenada Green Tea Market Key Performance Indicators |
9 Grenada Green Tea Market - Opportunity Assessment |
9.1 Grenada Green Tea Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Green Tea Market Opportunity Assessment, By Flavour, 2021 & 2031F |
9.3 Grenada Green Tea Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Green Tea Market - Competitive Landscape |
10.1 Grenada Green Tea Market Revenue Share, By Companies, 2024 |
10.2 Grenada Green Tea 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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