| Product Code: ETC7375588 | 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 |
Grenada`s natural flavors import market continues to thrive in 2024, with key shipments arriving from Iran, Trinidad and Tobago, USA, Ireland, and the UK. Despite a challenging CAGR of -5.18% from 2020 to 2024, the market experienced a promising growth rate of 7.0% in the past year. The high Herfindahl-Hirschman Index (HHI) indicates significant market concentration, emphasizing the dominance of these top exporting countries. Grenada`s reliance on these key players underscores the importance of maintaining strong trade relationships and exploring opportunities for diversification in the natural flavors sector.
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 Natural Flavors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Natural Flavors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Natural Flavors Market - Industry Life Cycle |
3.4 Grenada Natural Flavors Market - Porter's Five Forces |
3.5 Grenada Natural Flavors Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Natural Flavors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Natural Flavors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Natural Flavors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Natural Flavors Market Trends |
6 Grenada Natural Flavors Market, By Types |
6.1 Grenada Natural Flavors Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Natural Flavors Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Natural Flavors Market Revenues & Volume, By Animal Flavors, 2021- 2031F |
6.1.4 Grenada Natural Flavors Market Revenues & Volume, By Plant Flavors, 2021- 2031F |
6.2 Grenada Natural Flavors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Natural Flavors Market Revenues & Volume, By Natural Flavor Synthetic Flavor, 2021- 2031F |
6.2.3 Grenada Natural Flavors Market Revenues & Volume, By Natural Identical Flavoring, 2021- 2031F |
6.3 Grenada Natural Flavors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Natural Flavors Market Revenues & Volume, By Dairy, 2021- 2031F |
6.3.3 Grenada Natural Flavors Market Revenues & Volume, By Bakery, 2021- 2031F |
6.3.4 Grenada Natural Flavors Market Revenues & Volume, By Snack, 2021- 2031F |
6.3.5 Grenada Natural Flavors Market Revenues & Volume, By Confectionery, 2021- 2031F |
6.3.6 Grenada Natural Flavors Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Natural Flavors Market Import-Export Trade Statistics |
7.1 Grenada Natural Flavors Market Export to Major Countries |
7.2 Grenada Natural Flavors Market Imports from Major Countries |
8 Grenada Natural Flavors Market Key Performance Indicators |
9 Grenada Natural Flavors Market - Opportunity Assessment |
9.1 Grenada Natural Flavors Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Natural Flavors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Natural Flavors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Natural Flavors Market - Competitive Landscape |
10.1 Grenada Natural Flavors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Natural Flavors 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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