| Product Code: ETC7374933 | 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 continues to see significant imports of millet-based packaged food, with top exporters including Trinidad and Tobago, USA, India, UK, and Netherlands. The high Herfindahl-Hirschman Index (HHI) concentration indicates a strong market dominance by these countries. The impressive Compound Annual Growth Rate (CAGR) of 20.26% from 2020 to 2024 highlights the increasing demand for millet-based products in Grenada. Additionally, the growth rate of 2.89% from 2023 to 2024 suggests a steady expansion of this market segment, showcasing promising opportunities for both importers and local businesses in the coming years.
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 Millet Based Packaged Food Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Millet Based Packaged Food Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Millet Based Packaged Food Market - Industry Life Cycle |
3.4 Grenada Millet Based Packaged Food Market - Porter's Five Forces |
3.5 Grenada Millet Based Packaged Food Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Millet Based Packaged Food Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Millet Based Packaged Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of millet-based products |
4.2.2 Growing demand for gluten-free and nutritionally rich food options |
4.2.3 Government initiatives promoting millet cultivation and consumption |
4.3 Market Restraints |
4.3.1 Limited awareness and acceptance of millet-based products among the general population |
4.3.2 Higher price point compared to conventional food products |
4.3.3 Challenges in distribution and shelf-space availability in retail outlets |
5 Grenada Millet Based Packaged Food Market Trends |
6 Grenada Millet Based Packaged Food Market, By Types |
6.1 Grenada Millet Based Packaged Food Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Millet Based Packaged Food Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Millet Based Packaged Food Market Revenues & Volume, By Dosa & Idli Premix, 2021- 2031F |
6.1.4 Grenada Millet Based Packaged Food Market Revenues & Volume, By Waffle & Pancake Premix, 2021- 2031F |
6.1.5 Grenada Millet Based Packaged Food Market Revenues & Volume, By Instant Upma, 2021- 2031F |
6.1.6 Grenada Millet Based Packaged Food Market Revenues & Volume, By Instant Poha, 2021- 2031F |
6.1.7 Grenada Millet Based Packaged Food Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada Millet Based Packaged Food Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Millet Based Packaged Food Market Revenues & Volume, By Modern Trade, 2021- 2031F |
6.2.3 Grenada Millet Based Packaged Food Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.4 Grenada Millet Based Packaged Food Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.5 Grenada Millet Based Packaged Food Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.2.6 Grenada Millet Based Packaged Food Market Revenues & Volume, By Other Sales Channel, 2021- 2031F |
7 Grenada Millet Based Packaged Food Market Import-Export Trade Statistics |
7.1 Grenada Millet Based Packaged Food Market Export to Major Countries |
7.2 Grenada Millet Based Packaged Food Market Imports from Major Countries |
8 Grenada Millet Based Packaged Food Market Key Performance Indicators |
8.1 Percentage increase in the number of consumers opting for millet-based packaged foods |
8.2 Growth in the number of millet-based product SKUs available in the market |
8.3 Percentage of total retail shelf-space dedicated to millet-based packaged foods. |
9 Grenada Millet Based Packaged Food Market - Opportunity Assessment |
9.1 Grenada Millet Based Packaged Food Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Millet Based Packaged Food Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Millet Based Packaged Food Market - Competitive Landscape |
10.1 Grenada Millet Based Packaged Food Market Revenue Share, By Companies, 2024 |
10.2 Grenada Millet Based Packaged Food 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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