| Product Code: ETC7375614 | 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 rely on imports of natural sugar substitutes, with Puerto Rico, Barbados, USA, UK, and other regions being the top exporters. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the industry saw a strong compound annual growth rate (CAGR) of 14.87% from 2020 to 2024. However, there was a notable decrease in growth rate from 2023 to 2024 at -18.58%, indicating potential challenges or changes in the market dynamics during that period.
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 Sugar Substitute Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Natural Sugar Substitute Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Natural Sugar Substitute Market - Industry Life Cycle |
3.4 Grenada Natural Sugar Substitute Market - Porter's Five Forces |
3.5 Grenada Natural Sugar Substitute Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Natural Sugar Substitute Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.7 Grenada Natural Sugar Substitute Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Natural Sugar Substitute Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Natural Sugar Substitute Market Trends |
6 Grenada Natural Sugar Substitute Market, By Types |
6.1 Grenada Natural Sugar Substitute Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Natural Sugar Substitute Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Natural Sugar Substitute Market Revenues & Volume, By High-Intensity Sweeteners (HIS), 2021- 2031F |
6.1.4 Grenada Natural Sugar Substitute Market Revenues & Volume, By Low-Intensity Sweeteners (LIS), 2021- 2031F |
6.1.5 Grenada Natural Sugar Substitute Market Revenues & Volume, By High-Fructose Syrup (HFS), 2021- 2031F |
6.2 Grenada Natural Sugar Substitute Market, By Composition |
6.2.1 Overview and Analysis |
6.2.2 Grenada Natural Sugar Substitute Market Revenues & Volume, By High-Intensity Sweeteners (HIS), 2021- 2031F |
6.2.3 Grenada Natural Sugar Substitute Market Revenues & Volume, By Low-Intensity Sweeteners (LIS), 2021- 2031F |
6.3 Grenada Natural Sugar Substitute Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Natural Sugar Substitute Market Revenues & Volume, By Beverages, 2021- 2031F |
6.3.3 Grenada Natural Sugar Substitute Market Revenues & Volume, By Food, 2021- 2031F |
6.3.4 Grenada Natural Sugar Substitute Market Revenues & Volume, By Health & Personal Care, 2021- 2031F |
7 Grenada Natural Sugar Substitute Market Import-Export Trade Statistics |
7.1 Grenada Natural Sugar Substitute Market Export to Major Countries |
7.2 Grenada Natural Sugar Substitute Market Imports from Major Countries |
8 Grenada Natural Sugar Substitute Market Key Performance Indicators |
9 Grenada Natural Sugar Substitute Market - Opportunity Assessment |
9.1 Grenada Natural Sugar Substitute Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Natural Sugar Substitute Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.3 Grenada Natural Sugar Substitute Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Natural Sugar Substitute Market - Competitive Landscape |
10.1 Grenada Natural Sugar Substitute Market Revenue Share, By Companies, 2024 |
10.2 Grenada Natural Sugar Substitute 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.
To discover high-growth global markets and optimize your business strategy:
Click Here