| Product Code: ETC7377685 | 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 |
In 2024, Grenada continued to rely heavily on imports of pet feed yeast, with the top exporting countries being the USA, Trinidad and Tobago, Saint Vincent and the Grenadines, Netherlands, and the UK. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -22.72% from 2020 to 2024. The negative growth trend persisted in 2024 with a rate of -6.45%, suggesting challenges and potential shifts in the market dynamics for pet feed yeast imports in Grenada.
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 Pet Feed Yeast Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pet Feed Yeast Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pet Feed Yeast Market - Industry Life Cycle |
3.4 Grenada Pet Feed Yeast Market - Porter's Five Forces |
3.5 Grenada Pet Feed Yeast Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Pet Feed Yeast Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Pet Feed Yeast Market Revenues & Volume Share, By End-Use Vertical, 2021 & 2031F |
4 Grenada Pet Feed Yeast Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of using pet feed yeast in Grenada |
4.2.2 Growth in the pet food industry in Grenada |
4.2.3 Rising disposable income leading to increased spending on premium pet products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Stringent regulations related to pet feed ingredients in Grenada |
5 Grenada Pet Feed Yeast Market Trends |
6 Grenada Pet Feed Yeast Market, By Types |
6.1 Grenada Pet Feed Yeast Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pet Feed Yeast Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Pet Feed Yeast Market Revenues & Volume, By Fresh, 2021- 2031F |
6.1.4 Grenada Pet Feed Yeast Market Revenues & Volume, By Dry, 2021- 2031F |
6.1.5 Grenada Pet Feed Yeast Market Revenues & Volume, By Instant, 2021- 2031F |
6.2 Grenada Pet Feed Yeast Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pet Feed Yeast Market Revenues & Volume, By Dry, 2021- 2031F |
6.2.3 Grenada Pet Feed Yeast Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3 Grenada Pet Feed Yeast Market, By End-Use Vertical |
6.3.1 Overview and Analysis |
6.3.2 Grenada Pet Feed Yeast Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.3 Grenada Pet Feed Yeast Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.3.4 Grenada Pet Feed Yeast Market Revenues & Volume, By Breweries, 2021- 2031F |
6.3.5 Grenada Pet Feed Yeast Market Revenues & Volume, By Nutraceutical Manufacturers, 2021- 2031F |
7 Grenada Pet Feed Yeast Market Import-Export Trade Statistics |
7.1 Grenada Pet Feed Yeast Market Export to Major Countries |
7.2 Grenada Pet Feed Yeast Market Imports from Major Countries |
8 Grenada Pet Feed Yeast Market Key Performance Indicators |
8.1 Average selling price of pet feed yeast products |
8.2 Number of new product launches in the pet feed yeast market in Grenada |
8.3 Percentage of pet owners using pet feed yeast supplements for their pets |
9 Grenada Pet Feed Yeast Market - Opportunity Assessment |
9.1 Grenada Pet Feed Yeast Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Pet Feed Yeast Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Pet Feed Yeast Market Opportunity Assessment, By End-Use Vertical, 2021 & 2031F |
10 Grenada Pet Feed Yeast Market - Competitive Landscape |
10.1 Grenada Pet Feed Yeast Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pet Feed Yeast 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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