| Product Code: ETC7375221 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to heavily rely on imports of monosodium glutamate (MSG), with top exporting countries being Saint Lucia, USA, Areas, nes, Brazil, and Thailand. Despite the high concentration of imports, the market saw a significant decline with a Compound Annual Growth Rate (CAGR) of -38.4% from 2020 to 2024. The negative growth trend persisted in 2024, with a drastic decrease of -75.65% compared to the previous year. These figures indicate a challenging landscape for MSG import shipments in Grenada, requiring a strategic reassessment of market dynamics and demand.
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 Monosodium Glutamate (MSG) Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Monosodium Glutamate (MSG) Market - Industry Life Cycle |
3.4 Grenada Monosodium Glutamate (MSG) Market - Porter's Five Forces |
3.5 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Monosodium Glutamate (MSG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for processed foods and flavor enhancers |
4.2.2 Growing awareness about the benefits of using MSG in food preparation |
4.2.3 Expansion of the food service industry in Grenada |
4.3 Market Restraints |
4.3.1 Health concerns and negative perceptions associated with MSG consumption |
4.3.2 Regulatory restrictions and labeling requirements |
4.3.3 Fluctuating prices of raw materials for MSG production |
5 Grenada Monosodium Glutamate (MSG) Market Trends |
6 Grenada Monosodium Glutamate (MSG) Market, By Types |
6.1 Grenada Monosodium Glutamate (MSG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Additives, 2021- 2031F |
6.1.4 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Preservatives, 2021- 2031F |
6.1.5 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Flavor Enhancers, 2021- 2031F |
6.1.6 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Acidity Regulators, 2021- 2031F |
6.1.7 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Monosodium Glutamate (MSG) Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.2.3 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Medical & Pharmaceutical, 2021- 2031F |
6.2.4 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Livestock, 2021- 2031F |
6.2.5 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Personal Care & Cosmetics, 2021- 2031F |
6.2.6 Grenada Monosodium Glutamate (MSG) Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Monosodium Glutamate (MSG) Market Import-Export Trade Statistics |
7.1 Grenada Monosodium Glutamate (MSG) Market Export to Major Countries |
7.2 Grenada Monosodium Glutamate (MSG) Market Imports from Major Countries |
8 Grenada Monosodium Glutamate (MSG) Market Key Performance Indicators |
8.1 Consumer awareness and perception surveys on MSG |
8.2 Number of new product launches containing MSG |
8.3 Usage of MSG in different food categories in Grenada |
8.4 Import/export data for MSG in Grenada |
8.5 Number of food service establishments using MSG in their menu offerings |
9 Grenada Monosodium Glutamate (MSG) Market - Opportunity Assessment |
9.1 Grenada Monosodium Glutamate (MSG) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Monosodium Glutamate (MSG) Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Monosodium Glutamate (MSG) Market - Competitive Landscape |
10.1 Grenada Monosodium Glutamate (MSG) Market Revenue Share, By Companies, 2024 |
10.2 Grenada Monosodium Glutamate (MSG) 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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