| Product Code: ETC5792702 | 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 |
The nutraceutical ingredients import market in Grenada continued to thrive in 2024, with key exporters such as the UK, USA, Barbados, Trinidad and Tobago, and Canada dominating the trade. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive compound annual growth rate (CAGR) of 28.74% from 2020 to 2024 highlights the sector`s robust expansion. Furthermore, the substantial growth rate of 87.98% from 2023 to 2024 underscores the accelerating pace of import shipments, signaling promising opportunities for stakeholders in the nutraceutical ingredients 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 Nutraceutical Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Nutraceutical Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Nutraceutical Ingredients Market - Industry Life Cycle |
3.4 Grenada Nutraceutical Ingredients Market - Porter's Five Forces |
3.5 Grenada Nutraceutical Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Nutraceutical Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Nutraceutical Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Grenada Nutraceutical Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about health and wellness |
4.2.2 Increasing demand for natural and organic products |
4.2.3 Rise in disposable income leading to higher spending on nutraceutical products |
4.3 Market Restraints |
4.3.1 Stringent government regulations and compliance requirements |
4.3.2 Fluctuating prices of raw materials |
4.3.3 Limited availability of raw materials due to climate change and other environmental factors |
5 Grenada Nutraceutical Ingredients Market Trends |
6 Grenada Nutraceutical Ingredients Market Segmentations |
6.1 Grenada Nutraceutical Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Probiotics, 2021-2031F |
6.1.3 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Proteins, 2021-2031F |
6.1.4 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Amino Acids, 2021-2031F |
6.1.5 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Phytochemicals & Plant Extracts, 2021-2031F |
6.1.6 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Fibers & Specialty Carbohydrates, 2021-2031F |
6.2 Grenada Nutraceutical Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.4 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Animal Nutrition, 2021-2031F |
6.2.5 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3 Grenada Nutraceutical Ingredients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Dry, 2021-2031F |
6.3.3 Grenada Nutraceutical Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
7 Grenada Nutraceutical Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Nutraceutical Ingredients Market Export to Major Countries |
7.2 Grenada Nutraceutical Ingredients Market Imports from Major Countries |
8 Grenada Nutraceutical Ingredients Market Key Performance Indicators |
8.1 Number of new product launches in the grenada nutraceutical ingredients market |
8.3 Adoption rate of innovative technologies in nutraceutical ingredient production |
9 Grenada Nutraceutical Ingredients Market - Opportunity Assessment |
9.1 Grenada Nutraceutical Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Nutraceutical Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Nutraceutical Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Grenada Nutraceutical Ingredients Market - Competitive Landscape |
10.1 Grenada Nutraceutical Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Nutraceutical Ingredients 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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