| Product Code: ETC5683243 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s molasses import market in 2024 continued to see a high level of concentration, with top exporting countries being Panama, Areas, nes, Colombia, and Trinidad and Tobago. Despite a slight decline in the growth rate from 2023 to 2024 at -25.55%, the compound annual growth rate (CAGR) for the period of 2020-2024 remained positive at 5.4%. This indicates a steady growth trend in molasses imports for Grenada, with key suppliers maintaining a strong presence in the market.
The Molasses Market in Grenada caters to the food, beverage, and animal feed industries. Molasses, a byproduct of sugar production, is widely used as a sweetener, fermentation agent, and feed additive. The increasing demand for organic and natural products further drives market growth.
The Molasses market in Grenada is driven by its use in various industries such as food and beverage, animal feed, and biofuel production. Molasses, a byproduct of sugar extraction, is valued for its high sugar content and is used as a sweetener, a fermentation agent, and a supplement in animal nutrition. The increasing demand for natural sweeteners, as well as the growth in the biofuels sector, is contributing to the market`s expansion in Grenada.
The Molasses Market encounters challenges such as fluctuating sugarcane production and limited processing facilities. Global price volatility and competition from alternative sweeteners add further hurdles.
The molasses market in Grenada is primarily influenced by the countrys sugar industry, and the government has introduced policies to promote the sustainable use of molasses as a by-product. Regulations support the development of value-added products from molasses, such as biofuels and animal feed, to diversify its economic impact. The government provides incentives for businesses involved in the processing of molasses, encouraging innovation and sustainable practices in the agricultural sector. Additionally, the government supports research into alternative uses for molasses, which can reduce waste and create new revenue streams for the agricultural industry.
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 Molasses? Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Molasses? Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Molasses? Market - Industry Life Cycle |
3.4 Grenada Molasses? Market - Porter's Five Forces |
3.5 Grenada Molasses? Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Grenada Molasses? Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Molasses? Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.8 Grenada Molasses? Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.9 Grenada Molasses? Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Molasses? Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural sweeteners and alternatives to refined sugar |
4.2.2 Increasing awareness about the health benefits of molasses |
4.2.3 Expansion of the food and beverage industry in Grenada |
4.3 Market Restraints |
4.3.1 Fluctuations in sugarcane production affecting molasses supply |
4.3.2 Competition from other natural sweeteners like honey and maple syrup |
5 Grenada Molasses? Market Trends |
6 Grenada Molasses? Market Segmentations |
6.1 Grenada Molasses? Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Molasses? Market Revenues & Volume, By Sugarcane, 2021-2031F |
6.1.3 Grenada Molasses? Market Revenues & Volume, By Sugarbeet, 2021-2031F |
6.2 Grenada Molasses? Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Molasses? Market Revenues & Volume, By Regular Molasses, 2021-2031F |
6.2.3 Grenada Molasses? Market Revenues & Volume, By Blackstrap Molasses, 2021-2031F |
6.3 Grenada Molasses? Market, By Nature |
6.3.1 Overview and Analysis |
6.3.2 Grenada Molasses? Market Revenues & Volume, By Organic, 2021-2031F |
6.3.3 Grenada Molasses? Market Revenues & Volume, By Conventional, 2021-2031F |
6.4 Grenada Molasses? Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Molasses? Market Revenues & Volume, By Industrial? , 2021-2031F |
6.4.3 Grenada Molasses? Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Grenada Molasses? Market Revenues & Volume, By Household, 2021-2031F |
6.5 Grenada Molasses? Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Molasses? Market Revenues & Volume, By Direct , 2021-2031F |
6.5.3 Grenada Molasses? Market Revenues & Volume, By Indirect, 2021-2031F |
7 Grenada Molasses? Market Import-Export Trade Statistics |
7.1 Grenada Molasses? Market Export to Major Countries |
7.2 Grenada Molasses? Market Imports from Major Countries |
8 Grenada Molasses? Market Key Performance Indicators |
8.1 Average selling price of molasses |
8.2 Number of new product launches containing molasses |
8.3 Export volume of Grenada molasses |
8.4 Percentage of molasses used in the food and beverage industry in Grenada |
8.5 Investment in molasses processing technology and infrastructure |
9 Grenada Molasses? Market - Opportunity Assessment |
9.1 Grenada Molasses? Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Grenada Molasses? Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Molasses? Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.4 Grenada Molasses? Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.5 Grenada Molasses? Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Molasses? Market - Competitive Landscape |
10.1 Grenada Molasses? Market Revenue Share, By Companies, 2024 |
10.2 Grenada Molasses? 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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