| Product Code: ETC5818637 | 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 rely on key exporters such as the USA, Jamaica, Barbados, UK, and Trinidad and Tobago for nutraceutical excipients. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-24 remained positive at 3.64%. The High Herfindahl-Hirschman Index (HHI) indicates a market concentration that persisted throughout the year. This data suggests a stable yet competitive market environment for nutraceutical excipients import shipments in Grenada, with potential opportunities for further growth and diversification in the future.
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 Nutraceutical Excipients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Nutraceutical Excipients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Nutraceutical Excipients Market - Industry Life Cycle |
3.4 Grenada Nutraceutical Excipients Market - Porter's Five Forces |
3.5 Grenada Nutraceutical Excipients Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.6 Grenada Nutraceutical Excipients Market Revenues & Volume Share, By End Product, 2021 & 2031F |
3.7 Grenada Nutraceutical Excipients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Grenada Nutraceutical Excipients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic nutraceutical ingredients |
4.2.2 Increasing health consciousness and awareness among consumers |
4.2.3 Rising prevalence of lifestyle diseases and chronic health conditions |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the nutraceutical industry |
4.3.2 High cost associated with research and development of new excipients |
5 Grenada Nutraceutical Excipients Market Trends |
6 Grenada Nutraceutical Excipients Market Segmentations |
6.1 Grenada Nutraceutical Excipients Market, By Functionality |
6.1.1 Overview and Analysis |
6.1.2 Grenada Nutraceutical Excipients Market Revenues & Volume, By Binders, 2021-2031F |
6.1.3 Grenada Nutraceutical Excipients Market Revenues & Volume, By Fillers & Diluents, 2021-2031F |
6.1.4 Grenada Nutraceutical Excipients Market Revenues & Volume, By Coating Agents, 2021-2031F |
6.1.5 Grenada Nutraceutical Excipients Market Revenues & Volume, By Flavoring Agents, 2021-2031F |
6.2 Grenada Nutraceutical Excipients Market, By End Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Nutraceutical Excipients Market Revenues & Volume, By Prebiotics, 2021-2031F |
6.2.3 Grenada Nutraceutical Excipients Market Revenues & Volume, By Probiotics, 2021-2031F |
6.2.4 Grenada Nutraceutical Excipients Market Revenues & Volume, By Proteins & Amino Acids, 2021-2031F |
6.2.5 Grenada Nutraceutical Excipients Market Revenues & Volume, By Vitamins, 2021-2031F |
6.3 Grenada Nutraceutical Excipients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Grenada Nutraceutical Excipients Market Revenues & Volume, By Dry , 2021-2031F |
6.3.3 Grenada Nutraceutical Excipients Market Revenues & Volume, By Liquid, 2021-2031F |
7 Grenada Nutraceutical Excipients Market Import-Export Trade Statistics |
7.1 Grenada Nutraceutical Excipients Market Export to Major Countries |
7.2 Grenada Nutraceutical Excipients Market Imports from Major Countries |
8 Grenada Nutraceutical Excipients Market Key Performance Indicators |
8.1 Percentage of revenue from new product launches |
8.2 Number of partnerships and collaborations with nutraceutical companies |
8.3 Rate of adoption of innovative excipients by manufacturers |
9 Grenada Nutraceutical Excipients Market - Opportunity Assessment |
9.1 Grenada Nutraceutical Excipients Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.2 Grenada Nutraceutical Excipients Market Opportunity Assessment, By End Product, 2021 & 2031F |
9.3 Grenada Nutraceutical Excipients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Grenada Nutraceutical Excipients Market - Competitive Landscape |
10.1 Grenada Nutraceutical Excipients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Nutraceutical Excipients 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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