| Product Code: ETC10606246 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to see significant import shipments of hummus, with top exporting countries including Trinidad and Tobago, USA, Jamaica, UK, and Metropolitan France. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a moderate compound annual growth rate (CAGR) of 3.05% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -18.22%, suggesting potential shifts in market dynamics or consumer preferences. Continued monitoring and analysis of these trends will be crucial for stakeholders in the hummus import market 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 Hummus Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Hummus Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Hummus Market - Industry Life Cycle |
3.4 Grenada Hummus Market - Porter's Five Forces |
3.5 Grenada Hummus Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Hummus Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Grenada Hummus Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Hummus Market Revenues & Volume Share, By Flavor Variants, 2021 & 2031F |
4 Grenada Hummus Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Hummus Market Trends |
6 Grenada Hummus Market, By Types |
6.1 Grenada Hummus Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Hummus Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Hummus Market Revenues & Volume, By Classic Hummus, 2021 - 2031F |
6.1.4 Grenada Hummus Market Revenues & Volume, By Flavored Hummus, 2021 - 2031F |
6.1.5 Grenada Hummus Market Revenues & Volume, By Organic Hummus, 2021 - 2031F |
6.1.6 Grenada Hummus Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Hummus Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Hummus Market Revenues & Volume, By Jars, 2021 - 2031F |
6.2.3 Grenada Hummus Market Revenues & Volume, By Tubs, 2021 - 2031F |
6.2.4 Grenada Hummus Market Revenues & Volume, By Sachets, 2021 - 2031F |
6.3 Grenada Hummus Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Hummus Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021 - 2031F |
6.3.3 Grenada Hummus Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.3.4 Grenada Hummus Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.4 Grenada Hummus Market, By Flavor Variants |
6.4.1 Overview and Analysis |
6.4.2 Grenada Hummus Market Revenues & Volume, By Original, 2021 - 2031F |
6.4.3 Grenada Hummus Market Revenues & Volume, By Roasted Red Pepper, 2021 - 2031F |
6.4.4 Grenada Hummus Market Revenues & Volume, By Garlic, 2021 - 2031F |
6.4.5 Grenada Hummus Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Hummus Market Import-Export Trade Statistics |
7.1 Grenada Hummus Market Export to Major Countries |
7.2 Grenada Hummus Market Imports from Major Countries |
8 Grenada Hummus Market Key Performance Indicators |
9 Grenada Hummus Market - Opportunity Assessment |
9.1 Grenada Hummus Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Hummus Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Grenada Hummus Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Hummus Market Opportunity Assessment, By Flavor Variants, 2021 & 2031F |
10 Grenada Hummus Market - Competitive Landscape |
10.1 Grenada Hummus Market Revenue Share, By Companies, 2024 |
10.2 Grenada Hummus 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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