Grenada Herb & Spice Extracts Market (2025-2031) | Revenue, Forecast, Value, Analysis, Companies, Size, Outlook, Trends, Segmentation, Industry, Growth & Share
Market Forecast By Product Type (Herb Extracts, Spice Extracts), By Form (Powder, Liquid, Others), By Application (Food, Beverages, Juices, Personal Care, Nutraceutical , Pharmaceutical, Others), By Sales Channel (Direct sales, Indirect sales) And Competitive Landscape
| Product Code: ETC5001903 | 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 Herb & Spice Extracts Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Grenada saw a significant increase in herb & spice extracts imports, with top exporting countries being the USA, Turkey, UK, Saint Lucia, and India. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a strong compound annual growth rate (CAGR) of 13.44% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -48.79%, suggesting a potential shift in market dynamics or external factors impacting import trends.
Key Highlights of the Report:
- Grenada Herb & Spice Extracts Market Outlook
- Market Size of Grenada Herb & Spice Extracts Market, 2024
- Forecast of Grenada Herb & Spice Extracts Market, 2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Revenues & Volume for the Period 2021-2031
- Grenada Herb & Spice Extracts Market Trend Evolution
- Grenada Herb & Spice Extracts Market Drivers and Challenges
- Grenada Herb & Spice Extracts Price Trends
- Grenada Herb & Spice Extracts Porter`s Five Forces
- Grenada Herb & Spice Extracts Industry Life Cycle
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Herb Extracts for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Spice Extracts for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Form for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Powder for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Liquid for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Food for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Beverages for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Juices for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Personal Care for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Nutraceutical for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Sales Channel for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Direct sales for the Period 2021-2031
- Historical Data and Forecast of Grenada Herb & Spice Extracts Market Revenues & Volume By Indirect sales for the Period 2021-2031
- Grenada Herb & Spice Extracts Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Sales Channel
- Grenada Herb & Spice Extracts Top Companies Market Share
- Grenada Herb & Spice Extracts Competitive Benchmarking By Technical and Operational Parameters
- Grenada Herb & Spice Extracts Company Profiles
- Grenada Herb & Spice Extracts Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Herb & Spice Extracts Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Herb & Spice Extracts Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Herb & Spice Extracts Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Herb & Spice Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Herb & Spice Extracts Market - Industry Life Cycle |
3.4 Grenada Herb & Spice Extracts Market - Porter's Five Forces |
3.5 Grenada Herb & Spice Extracts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Herb & Spice Extracts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Grenada Herb & Spice Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Herb & Spice Extracts Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Herb & Spice Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Herb & Spice Extracts Market Trends |
6 Grenada Herb & Spice Extracts Market Segmentations |
6.1 Grenada Herb & Spice Extracts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Herb & Spice Extracts Market Revenues & Volume, By Herb Extracts, 2021-2031F |
6.1.3 Grenada Herb & Spice Extracts Market Revenues & Volume, By Spice Extracts, 2021-2031F |
6.2 Grenada Herb & Spice Extracts Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Grenada Herb & Spice Extracts Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Grenada Herb & Spice Extracts Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Grenada Herb & Spice Extracts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Herb & Spice Extracts Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Herb & Spice Extracts Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Grenada Herb & Spice Extracts Market Revenues & Volume, By Beverages, 2021-2031F |
6.3.4 Grenada Herb & Spice Extracts Market Revenues & Volume, By Juices, 2021-2031F |
6.3.5 Grenada Herb & Spice Extracts Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3.6 Grenada Herb & Spice Extracts Market Revenues & Volume, By Nutraceutical , 2021-2031F |
6.3.7 Grenada Herb & Spice Extracts Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4 Grenada Herb & Spice Extracts Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Herb & Spice Extracts Market Revenues & Volume, By Direct sales, 2021-2031F |
6.4.3 Grenada Herb & Spice Extracts Market Revenues & Volume, By Indirect sales, 2021-2031F |
7 Grenada Herb & Spice Extracts Market Import-Export Trade Statistics |
7.1 Grenada Herb & Spice Extracts Market Export to Major Countries |
7.2 Grenada Herb & Spice Extracts Market Imports from Major Countries |
8 Grenada Herb & Spice Extracts Market Key Performance Indicators |
9 Grenada Herb & Spice Extracts Market - Opportunity Assessment |
9.1 Grenada Herb & Spice Extracts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Herb & Spice Extracts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Grenada Herb & Spice Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Herb & Spice Extracts Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Herb & Spice Extracts Market - Competitive Landscape |
10.1 Grenada Herb & Spice Extracts Market Revenue Share, By Companies, 2024 |
10.2 Grenada Herb & Spice Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential assessment - trade Analytics for 2030
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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