| Product Code: ETC12929638 | 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 marzipan import market continues to thrive in 2024, with the USA, Jamaica, UK, Trinidad and Tobago, and Saint Kitts and Nevis dominating as top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 19.18% from 2020 to 2024 demonstrates sustained expansion. The robust growth rate of 22.96% in 2024 underscores the increasing demand for marzipan in Grenada, making it a lucrative market for international suppliers.
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 Marzipan Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Marzipan Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Marzipan Market - Industry Life Cycle |
3.4 Grenada Marzipan Market - Porter's Five Forces |
3.5 Grenada Marzipan Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Marzipan Market Revenues & Volume Share, By Almond Content, 2021 & 2031F |
3.7 Grenada Marzipan Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Grenada Marzipan Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Marzipan Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness and preference for premium quality and artisanal food products |
4.2.2 Increasing demand for unique and exotic flavors in confectionery products |
4.2.3 Rising popularity of marzipan as a versatile ingredient in baking and pastry industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as almonds and sugar impacting production costs |
4.3.2 Intense competition from substitute products like fondant and modeling chocolate |
4.3.3 Challenges in maintaining consistent quality and shelf-life of marzipan products |
5 Grenada Marzipan Market Trends |
6 Grenada Marzipan Market, By Types |
6.1 Grenada Marzipan Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Marzipan Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Marzipan Market Revenues & Volume, By Traditional, 2021 - 2031F |
6.1.4 Grenada Marzipan Market Revenues & Volume, By Low-Sugar, 2021 - 2031F |
6.1.5 Grenada Marzipan Market Revenues & Volume, By Flavored, 2021 - 2031F |
6.2 Grenada Marzipan Market, By Almond Content |
6.2.1 Overview and Analysis |
6.2.2 Grenada Marzipan Market Revenues & Volume, By 50-70% Almonds, 2021 - 2031F |
6.2.3 Grenada Marzipan Market Revenues & Volume, By 30-50% Almonds, 2021 - 2031F |
6.2.4 Grenada Marzipan Market Revenues & Volume, By Added Chocolate, 2021 - 2031F |
6.3 Grenada Marzipan Market, By Packaging Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Marzipan Market Revenues & Volume, By Boxed, 2021 - 2031F |
6.3.3 Grenada Marzipan Market Revenues & Volume, By Pouches, 2021 - 2031F |
6.3.4 Grenada Marzipan Market Revenues & Volume, By Bulk, 2021 - 2031F |
6.4 Grenada Marzipan Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Marzipan Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.4.3 Grenada Marzipan Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.4.4 Grenada Marzipan Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
7 Grenada Marzipan Market Import-Export Trade Statistics |
7.1 Grenada Marzipan Market Export to Major Countries |
7.2 Grenada Marzipan Market Imports from Major Countries |
8 Grenada Marzipan Market Key Performance Indicators |
8.1 Customer satisfaction scores based on taste, texture, and overall quality of grenada marzipan products |
8.2 Rate of new product development and introduction of innovative flavors and packaging |
8.3 Percentage of repeat purchases and customer loyalty for grenada marzipan brand |
8.4 Efficiency in supply chain management and reduction in lead times for production and distribution |
8.5 Sustainability metrics such as sourcing practices for raw materials and eco-friendly packaging initiatives |
9 Grenada Marzipan Market - Opportunity Assessment |
9.1 Grenada Marzipan Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Marzipan Market Opportunity Assessment, By Almond Content, 2021 & 2031F |
9.3 Grenada Marzipan Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.4 Grenada Marzipan Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Marzipan Market - Competitive Landscape |
10.1 Grenada Marzipan Market Revenue Share, By Companies, 2024 |
10.2 Grenada Marzipan Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |