| Product Code: ETC5362200 | 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 |
In 2024, Grenada continued to see a high concentration of modeling paste imports, with the top exporting countries being the USA, Trinidad and Tobago, Saint Lucia, UK, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a strong market dominance by these countries. With a notable Compound Annual Growth Rate (CAGR) of 19.71% from 2020 to 2024 and a growth rate of 8.44% in 2024 alone, the modeling paste industry in Grenada is showing promising expansion and potential for further development.
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 Modeling Paste Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Modeling Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Modeling Paste Market - Industry Life Cycle |
3.4 Grenada Modeling Paste Market - Porter's Five Forces |
3.5 Grenada Modeling Paste Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Modeling Paste Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Modeling Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for artisanal baked goods and cake decorating |
4.2.2 Growing trend of DIY baking and cake decorating at home |
4.2.3 Rising popularity of social media platforms showcasing food and baking trends |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in modeling paste production |
4.3.2 Competition from substitute products like fondant and gum paste |
4.3.3 Limited awareness and availability of grenada modeling paste in certain regions |
5 Grenada Modeling Paste Market Trends |
6 Grenada Modeling Paste Market Segmentations |
6.1 Grenada Modeling Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Modeling Paste Market Revenues & Volume, By White, 2021-2031F |
6.1.3 Grenada Modeling Paste Market Revenues & Volume, By Red, 2021-2031F |
6.1.4 Grenada Modeling Paste Market Revenues & Volume, By Green, 2021-2031F |
6.1.5 Grenada Modeling Paste Market Revenues & Volume, By Black, 2021-2031F |
6.1.6 Grenada Modeling Paste Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Modeling Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Modeling Paste Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Modeling Paste Market Revenues & Volume, By Residential, 2021-2031F |
7 Grenada Modeling Paste Market Import-Export Trade Statistics |
7.1 Grenada Modeling Paste Market Export to Major Countries |
7.2 Grenada Modeling Paste Market Imports from Major Countries |
8 Grenada Modeling Paste Market Key Performance Indicators |
8.1 Number of social media influencers using grenada modeling paste in their baking tutorials |
8.2 Rate of new product development and innovation in the grenada modeling paste market |
8.3 Consumer engagement and interaction on online platforms promoting grenada modeling paste |
9 Grenada Modeling Paste Market - Opportunity Assessment |
9.1 Grenada Modeling Paste Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Modeling Paste Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Modeling Paste Market - Competitive Landscape |
10.1 Grenada Modeling Paste Market Revenue Share, By Companies, 2024 |
10.2 Grenada Modeling Paste Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |