| Product Code: ETC5791638 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada`s health ingredients import market continued to demonstrate strong growth, with a notable CAGR of 19.2% from 2020 to 2024. The top exporting countries to Grenada included Barbados, USA, Jamaica, UK, and Turkey, indicating diverse sourcing channels. Despite this diversity, the market remained highly concentrated, as reflected by the high Herfindahl-Hirschman Index (HHI). The growth rate of 4.15% from 2023 to 2024 suggests sustained momentum in the importation of health ingredients, underscoring Grenada`s increasing focus on enhancing its domestic health and wellness sector.
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 Health Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Health Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Health Ingredients Market - Industry Life Cycle |
3.4 Grenada Health Ingredients Market - Porter's Five Forces |
3.5 Grenada Health Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Health Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Health Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Grenada Health Ingredients Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Grenada Health Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the importance of health and nutrition |
4.2.2 Growing demand for natural and organic ingredients in food and beverages |
4.2.3 Rising prevalence of lifestyle diseases driving the need for health supplements |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for health ingredients in Grenada |
4.3.2 High production costs associated with sourcing and processing health ingredients |
4.3.3 Regulatory challenges related to the approval and marketing of health ingredients |
5 Grenada Health Ingredients Market Trends |
6 Grenada Health Ingredients Market Segmentations |
6.1 Grenada Health Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Health Ingredients Market Revenues & Volume, By Vitamins, 2021-2031F |
6.1.3 Grenada Health Ingredients Market Revenues & Volume, By Minerals, 2021-2031F |
6.1.4 Grenada Health Ingredients Market Revenues & Volume, By Probiotics starter culture, 2021-2031F |
6.1.5 Grenada Health Ingredients Market Revenues & Volume, By Prebiotics, 2021-2031F |
6.1.6 Grenada Health Ingredients Market Revenues & Volume, By Nutritional Lipids, 2021-2031F |
6.1.7 Grenada Health Ingredients Market Revenues & Volume, By Functional Carbohydrates, 2021-2031F |
6.1.9 Grenada Health Ingredients Market Revenues & Volume, By Fruit Extracts, 2021-2031F |
6.1.10 Grenada Health Ingredients Market Revenues & Volume, By Fruit Extracts, 2021-2031F |
6.2 Grenada Health Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Health Ingredients Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Grenada Health Ingredients Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.4 Grenada Health Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Grenada Health Ingredients Market Revenues & Volume, By Feed, 2021-2031F |
6.2.6 Grenada Health Ingredients Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3 Grenada Health Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Grenada Health Ingredients Market Revenues & Volume, By Plant-based, 2021-2031F |
6.3.3 Grenada Health Ingredients Market Revenues & Volume, By Animal-based, 2021-2031F |
6.3.4 Grenada Health Ingredients Market Revenues & Volume, By Microbial-based, 2021-2031F |
6.3.5 Grenada Health Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Health Ingredients Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Grenada Health Ingredients Market Revenues & Volume, By Weight management, 2021-2031F |
6.4.3 Grenada Health Ingredients Market Revenues & Volume, By Immunity enhancement, 2021-2031F |
6.4.4 Grenada Health Ingredients Market Revenues & Volume, By Gut health management, 2021-2031F |
6.4.5 Grenada Health Ingredients Market Revenues & Volume, By Joint health management, 2021-2031F |
6.4.6 Grenada Health Ingredients Market Revenues & Volume, By Heart/Cardiovascular health management, 2021-2031F |
6.4.7 Grenada Health Ingredients Market Revenues & Volume, By Eye health management, 2021-2031F |
7 Grenada Health Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Health Ingredients Market Export to Major Countries |
7.2 Grenada Health Ingredients Market Imports from Major Countries |
8 Grenada Health Ingredients Market Key Performance Indicators |
8.1 Number of new product launches incorporating health ingredients in Grenada |
8.2 Growth in the number of health and wellness establishments offering products with health ingredients |
8.3 Investment in research and development for innovative health ingredient solutions |
9 Grenada Health Ingredients Market - Opportunity Assessment |
9.1 Grenada Health Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Health Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Health Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Grenada Health Ingredients Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Grenada Health Ingredients Market - Competitive Landscape |
10.1 Grenada Health Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Health Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |