| Product Code: ETC12804454 | 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 |
Grenada`s import of hoisin sauce in 2024 continued to be dominated by key exporting countries such as the USA, Trinidad and Tobago, UK, Puerto Rico, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates strong market concentration. The impressive compound annual growth rate (CAGR) of 19.92% from 2020-24 underscores the increasing demand for hoisin sauce in Grenada. Additionally, the growth rate of 16.79% from 2023-24 suggests a sustained momentum in the import market for this popular sauce.
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 Hoisin Sauce Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Hoisin Sauce Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Hoisin Sauce Market - Industry Life Cycle |
3.4 Grenada Hoisin Sauce Market - Porter's Five Forces |
3.5 Grenada Hoisin Sauce Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Hoisin Sauce Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Hoisin Sauce Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Hoisin Sauce Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
4 Grenada Hoisin Sauce Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Hoisin Sauce Market Trends |
6 Grenada Hoisin Sauce Market, By Types |
6.1 Grenada Hoisin Sauce Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Hoisin Sauce Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Hoisin Sauce Market Revenues & Volume, By Traditional Hoisin Sauce, 2021 - 2031F |
6.1.4 Grenada Hoisin Sauce Market Revenues & Volume, By Gluten-Free Hoisin Sauce, 2021 - 2031F |
6.1.5 Grenada Hoisin Sauce Market Revenues & Volume, By Low-Sodium Hoisin Sauce, 2021 - 2031F |
6.2 Grenada Hoisin Sauce Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Hoisin Sauce Market Revenues & Volume, By Cooking Ingredient, 2021 - 2031F |
6.2.3 Grenada Hoisin Sauce Market Revenues & Volume, By Dipping Sauce, 2021 - 2031F |
6.2.4 Grenada Hoisin Sauce Market Revenues & Volume, By Marinades & Glazes, 2021 - 2031F |
6.3 Grenada Hoisin Sauce Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Hoisin Sauce Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031F |
6.3.3 Grenada Hoisin Sauce Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.3.4 Grenada Hoisin Sauce Market Revenues & Volume, By Specialty Food Stores, 2021 - 2031F |
6.4 Grenada Hoisin Sauce Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Hoisin Sauce Market Revenues & Volume, By Bottles, 2021 - 2031F |
6.4.3 Grenada Hoisin Sauce Market Revenues & Volume, By Sachets & Packets, 2021 - 2031F |
6.4.4 Grenada Hoisin Sauce Market Revenues & Volume, By Jars, 2021 - 2031F |
7 Grenada Hoisin Sauce Market Import-Export Trade Statistics |
7.1 Grenada Hoisin Sauce Market Export to Major Countries |
7.2 Grenada Hoisin Sauce Market Imports from Major Countries |
8 Grenada Hoisin Sauce Market Key Performance Indicators |
9 Grenada Hoisin Sauce Market - Opportunity Assessment |
9.1 Grenada Hoisin Sauce Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Hoisin Sauce Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Hoisin Sauce Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Hoisin Sauce Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
10 Grenada Hoisin Sauce Market - Competitive Landscape |
10.1 Grenada Hoisin Sauce Market Revenue Share, By Companies, 2024 |
10.2 Grenada Hoisin Sauce 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.
To discover high-growth global markets and optimize your business strategy:
Click Here