| Product Code: ETC7374125 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on maize seed imports, with the USA, Antigua and Barbuda, Belize, Areas nes, and Guatemala being the top exporting countries. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) over the past four years was an impressive 37.6%. However, there was a notable decline in growth rate from 2023 to 2024, with a decrease of -43.53%. This trend suggests some challenges in the maize seed import market for Grenada that may require further investigation and strategic planning.
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 Maize Seed Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Maize Seed Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Maize Seed Market - Industry Life Cycle |
3.4 Grenada Maize Seed Market - Porter's Five Forces |
3.5 Grenada Maize Seed Market Revenues & Volume Share, By Breeding Technology, 2021 & 2031F |
4 Grenada Maize Seed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for maize products in Grenada due to population growth and changing dietary preferences. |
4.2.2 Government initiatives to promote agriculture and increase maize production in the country. |
4.2.3 Technological advancements in seed breeding and genetic modification leading to higher yield and disease resistance. |
4.3 Market Restraints |
4.3.1 Unpredictable weather conditions affecting maize crop yield. |
4.3.2 Lack of awareness and adoption of modern farming techniques among small-scale farmers. |
4.3.3 Competition from imported maize seeds affecting the local market. |
5 Grenada Maize Seed Market Trends |
6 Grenada Maize Seed Market, By Types |
6.1 Grenada Maize Seed Market, By Breeding Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Maize Seed Market Revenues & Volume, By Breeding Technology, 2021- 2031F |
6.1.3 Grenada Maize Seed Market Revenues & Volume, By Hybrids, 2021- 2031F |
6.1.4 Grenada Maize Seed Market Revenues & Volume, By Open Pollinated Varities, 2021- 2031F |
7 Grenada Maize Seed Market Import-Export Trade Statistics |
7.1 Grenada Maize Seed Market Export to Major Countries |
7.2 Grenada Maize Seed Market Imports from Major Countries |
8 Grenada Maize Seed Market Key Performance Indicators |
8.1 Adoption rate of hybrid maize seeds among farmers in Grenada. |
8.2 Average maize yield per acre over time. |
8.3 Percentage of farmers using recommended agricultural practices for maize cultivation. |
9 Grenada Maize Seed Market - Opportunity Assessment |
9.1 Grenada Maize Seed Market Opportunity Assessment, By Breeding Technology, 2021 & 2031F |
10 Grenada Maize Seed Market - Competitive Landscape |
10.1 Grenada Maize Seed Market Revenue Share, By Companies, 2024 |
10.2 Grenada Maize Seed 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