| Product Code: ETC5820233 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The meat substitutes import market in Grenada saw significant growth in 2024, with top exporting countries including the USA, Denmark, Trinidad and Tobago, Puerto Rico, and Brazil. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 12.48% from 2020 to 2024 highlights the increasing demand for meat substitutes. The exceptional growth rate of 102.66% from 2023 to 2024 suggests a rapidly expanding market with promising opportunities for both domestic consumption and international trade.
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 Meat Substitutes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Meat Substitutes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Meat Substitutes Market - Industry Life Cycle |
3.4 Grenada Meat Substitutes Market - Porter's Five Forces |
3.5 Grenada Meat Substitutes Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Meat Substitutes Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Grenada Meat Substitutes Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.8 Grenada Meat Substitutes Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Grenada Meat Substitutes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health and environmental benefits of plant-based diets |
4.2.2 Growing demand for meat alternatives among health-conscious consumers |
4.2.3 Rise in vegetarian and vegan population in Grenada |
4.3 Market Restraints |
4.3.1 Limited availability of meat substitute products in local retail outlets |
4.3.2 High prices of meat substitutes compared to conventional meat products |
4.3.3 Preference for traditional meat dishes among a significant portion of the population |
5 Grenada Meat Substitutes Market Trends |
6 Grenada Meat Substitutes Market Segmentations |
6.1 Grenada Meat Substitutes Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Meat Substitutes Market Revenues & Volume, By Tofu, 2021-2031F |
6.1.3 Grenada Meat Substitutes Market Revenues & Volume, By Tempeh, 2021-2031F | 6.1.5 Grenada Meat Substitutes Market Revenues & Volume, By Textured Vegetable Protein, 2021-2031F |
6.1.5 Grenada Meat Substitutes Market Revenues & Volume, By Seitan, 2021-2031F |
6.1.6 Grenada Meat Substitutes Market Revenues & Volume, By Quorn , 2021-2031F |
6.1.7 Grenada Meat Substitutes Market Revenues & Volume, By Other Product, 2021-2031F |
6.2 Grenada Meat Substitutes Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Meat Substitutes Market Revenues & Volume, By Soy Protein, 2021-2031F |
6.2.3 Grenada Meat Substitutes Market Revenues & Volume, By Wheat Protein, 2021-2031F |
6.2.4 Grenada Meat Substitutes Market Revenues & Volume, By Pea Protein , 2021-2031F |
6.2.5 Grenada Meat Substitutes Market Revenues & Volume, By Other Sources, 2021-2031F |
6.3 Grenada Meat Substitutes Market, By Types |
6.3.1 Overview and Analysis |
6.3.2 Grenada Meat Substitutes Market Revenues & Volume, By Concentrates, 2021-2031F |
6.3.3 Grenada Meat Substitutes Market Revenues & Volume, By Isolates , 2021-2031F |
6.3.4 Grenada Meat Substitutes Market Revenues & Volume, By Textured, 2021-2031F |
6.4 Grenada Meat Substitutes Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Grenada Meat Substitutes Market Revenues & Volume, By Solid, 2021-2031F |
6.4.3 Grenada Meat Substitutes Market Revenues & Volume, By Liquid, 2021-2031F |
7 Grenada Meat Substitutes Market Import-Export Trade Statistics |
7.1 Grenada Meat Substitutes Market Export to Major Countries |
7.2 Grenada Meat Substitutes Market Imports from Major Countries |
8 Grenada Meat Substitutes Market Key Performance Indicators |
8.1 Percentage increase in the number of vegetarian and vegan restaurants in Grenada |
8.2 Growth in the number of meat substitute product launches in the market |
8.3 Increase in the adoption of plant-based diets among Grenadian consumers |
9 Grenada Meat Substitutes Market - Opportunity Assessment |
9.1 Grenada Meat Substitutes Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Meat Substitutes Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Grenada Meat Substitutes Market Opportunity Assessment, By Types, 2021 & 2031F |
9.4 Grenada Meat Substitutes Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Grenada Meat Substitutes Market - Competitive Landscape |
10.1 Grenada Meat Substitutes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Meat Substitutes 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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