| Product Code: ETC12902374 | 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 makgeolli in 2024 saw significant growth, with top exporters being Guyana, Trinidad and Tobago, Germany, Areas, nes, and Saint Kitts and Nevis. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 28.97% from 2020 to 2024 showcases a thriving demand for makgeolli. The exceptional growth rate of 152.13% from 2023 to 2024 suggests a rapidly expanding market for this traditional Korean rice wine 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 Makgeolli Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Makgeolli Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Makgeolli Market - Industry Life Cycle |
3.4 Grenada Makgeolli Market - Porter's Five Forces |
3.5 Grenada Makgeolli Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Makgeolli Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Makgeolli Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Makgeolli Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Makgeolli Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in traditional alcoholic beverages |
4.2.2 Growing popularity of Korean cuisine and beverages globally |
4.2.3 Rising demand for unique and artisanal alcoholic drinks |
4.3 Market Restraints |
4.3.1 Limited awareness about makgeolli outside of Korea |
4.3.2 Challenges related to distribution and shelf visibility in international markets |
5 Grenada Makgeolli Market Trends |
6 Grenada Makgeolli Market, By Types |
6.1 Grenada Makgeolli Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Makgeolli Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Makgeolli Market Revenues & Volume, By Traditional Makgeolli, 2021 - 2031F |
6.1.4 Grenada Makgeolli Market Revenues & Volume, By Flavored Makgeolli, 2021 - 2031F |
6.1.5 Grenada Makgeolli Market Revenues & Volume, By Low-Alcohol Makgeolli, 2021 - 2031F |
6.2 Grenada Makgeolli Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Makgeolli Market Revenues & Volume, By Alcoholic Beverage, 2021 - 2031F |
6.2.3 Grenada Makgeolli Market Revenues & Volume, By Specialty Drinks, 2021 - 2031F |
6.2.4 Grenada Makgeolli Market Revenues & Volume, By Health Drinks, 2021 - 2031F |
6.3 Grenada Makgeolli Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Makgeolli Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.3.3 Grenada Makgeolli Market Revenues & Volume, By Retail Consumers, 2021 - 2031F |
6.3.4 Grenada Makgeolli Market Revenues & Volume, By Bars & Pubs, 2021 - 2031F |
6.4 Grenada Makgeolli Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Makgeolli Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Grenada Makgeolli Market Revenues & Volume, By Online Sales, 2021 - 2031F |
6.4.4 Grenada Makgeolli Market Revenues & Volume, By Distributors, 2021 - 2031F |
7 Grenada Makgeolli Market Import-Export Trade Statistics |
7.1 Grenada Makgeolli Market Export to Major Countries |
7.2 Grenada Makgeolli Market Imports from Major Countries |
8 Grenada Makgeolli Market Key Performance Indicators |
8.1 Number of new international markets penetrated |
8.2 Growth in online searches for makgeolli-related terms |
8.3 Number of partnerships with Korean restaurants and cultural events. |
9 Grenada Makgeolli Market - Opportunity Assessment |
9.1 Grenada Makgeolli Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Makgeolli Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Makgeolli Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Makgeolli Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Makgeolli Market - Competitive Landscape |
10.1 Grenada Makgeolli Market Revenue Share, By Companies, 2024 |
10.2 Grenada Makgeolli 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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