| Product Code: ETC4846160 | 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 |
In 2024, Grenada continued to rely heavily on imports of hominy feed, with top exporting countries being Trinidad and Tobago, USA, Saint Vincent and the Grenadines, Dominican Republic, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 15.16% from 2020 to 2024 highlights sustained growth in the industry. Furthermore, the significant growth rate of 68.57% from 2023 to 2024 signals a potential expansion in market demand and consumption trends for hominy feed in Grenada.
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 Hominy Feed Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Hominy Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Hominy Feed Market - Industry Life Cycle |
3.4 Grenada Hominy Feed Market - Porter's Five Forces |
3.5 Grenada Hominy Feed Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Grenada Hominy Feed Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Grenada Hominy Feed Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Hominy Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Hominy Feed Market Trends |
6 Grenada Hominy Feed Market Segmentations |
6.1 Grenada Hominy Feed Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Grenada Hominy Feed Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Grenada Hominy Feed Market Revenues & Volume, By Conventional? , 2021-2031F |
6.2 Grenada Hominy Feed Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Hominy Feed Market Revenues & Volume, By Livestock/Animal Feed, 2021-2031F |
6.2.3 Grenada Hominy Feed Market Revenues & Volume, By Pet Food manufacturers, 2021-2031F |
6.2.4 Grenada Hominy Feed Market Revenues & Volume, By Ethanol production, 2021-2031F |
6.3 Grenada Hominy Feed Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Hominy Feed Market Revenues & Volume, By Direct, 2021-2031F |
6.3.3 Grenada Hominy Feed Market Revenues & Volume, By Indirect, 2021-2031F |
6.3.4 Grenada Hominy Feed Market Revenues & Volume, By Dairy farms, 2021-2031F |
6.3.5 Grenada Hominy Feed Market Revenues & Volume, By Specialty stores, 2021-2031F |
6.3.6 Grenada Hominy Feed Market Revenues & Volume, By Online retailers? , 2021-2031F |
7 Grenada Hominy Feed Market Import-Export Trade Statistics |
7.1 Grenada Hominy Feed Market Export to Major Countries |
7.2 Grenada Hominy Feed Market Imports from Major Countries |
8 Grenada Hominy Feed Market Key Performance Indicators |
9 Grenada Hominy Feed Market - Opportunity Assessment |
9.1 Grenada Hominy Feed Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Grenada Hominy Feed Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Grenada Hominy Feed Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Hominy Feed Market - Competitive Landscape |
10.1 Grenada Hominy Feed Market Revenue Share, By Companies, 2024 |
10.2 Grenada Hominy Feed 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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