| Product Code: ETC7373344 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a significant influx of lactose-free yogurt imports, with top exporting countries being the USA, Metropolitan France, Trinidad and Tobago, Denmark, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 18.21% from 2020 to 2024 underscores the increasing demand for lactose-free products in Grenada. The notable growth rate of 20.71% from 2023 to 2024 suggests a continued upward trend in consumer preference for lactose-free yogurt in the country.
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 Lactose-Free Yogurt Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Lactose-Free Yogurt Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Lactose-Free Yogurt Market - Industry Life Cycle |
3.4 Grenada Lactose-Free Yogurt Market - Porter's Five Forces |
3.5 Grenada Lactose-Free Yogurt Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Lactose-Free Yogurt Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Grenada Lactose-Free Yogurt Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Lactose-Free Yogurt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for lactose-free products due to lactose intolerance or dietary preferences. |
4.2.2 Growing health consciousness among consumers leading to a shift towards healthier food options like lactose-free yogurt. |
4.2.3 Expansion of distribution channels and availability of grenada lactose-free yogurt in supermarkets, health food stores, and online platforms. |
4.3 Market Restraints |
4.3.1 Higher production costs associated with lactose-free yogurt production compared to traditional yogurt. |
4.3.2 Limited consumer understanding of the benefits of lactose-free yogurt leading to lower adoption rates. |
4.3.3 Potential competition from other dairy alternatives such as plant-based yogurts. |
5 Grenada Lactose-Free Yogurt Market Trends |
6 Grenada Lactose-Free Yogurt Market, By Types |
6.1 Grenada Lactose-Free Yogurt Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Lactose-Free, 2021- 2031F |
6.1.4 Grenada Lactose-Free Yogurt Market Revenues & Volume, By No Added Sugar Products/ Reduced Sugar Claims, 2021- 2031F |
6.1.5 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Reduced Lactose Products, 2021- 2031F |
6.2 Grenada Lactose-Free Yogurt Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Inorganic, 2021- 2031F |
6.3 Grenada Lactose-Free Yogurt Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.3.3 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Hypermarket/Supermarket, 2021- 2031F |
6.3.4 Grenada Lactose-Free Yogurt Market Revenues & Volume, By E-Retailers, 2021- 2031F |
6.3.5 Grenada Lactose-Free Yogurt Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
7 Grenada Lactose-Free Yogurt Market Import-Export Trade Statistics |
7.1 Grenada Lactose-Free Yogurt Market Export to Major Countries |
7.2 Grenada Lactose-Free Yogurt Market Imports from Major Countries |
8 Grenada Lactose-Free Yogurt Market Key Performance Indicators |
8.1 Number of new product launches and innovations in the grenada lactose-free yogurt market. |
8.2 Growth in the number of consumers seeking lactose-free options within the yogurt category. |
8.3 Percentage increase in the number of retail outlets stocking grenada lactose-free yogurt. |
8.4 Consumer satisfaction and repeat purchase rate for grenada lactose-free yogurt. |
8.5 Growth in social media engagement and online reviews for grenada lactose-free yogurt products. |
9 Grenada Lactose-Free Yogurt Market - Opportunity Assessment |
9.1 Grenada Lactose-Free Yogurt Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Lactose-Free Yogurt Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Grenada Lactose-Free Yogurt Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Lactose-Free Yogurt Market - Competitive Landscape |
10.1 Grenada Lactose-Free Yogurt Market Revenue Share, By Companies, 2024 |
10.2 Grenada Lactose-Free Yogurt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |