| Product Code: ETC7378070 | 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 |
Grenada`s import shipments of plant-based oils in 2024 were primarily sourced from the USA, Canada, Trinidad and Tobago, Italy, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with dominant suppliers. The industry experienced a significant negative compound annual growth rate (CAGR) of -31.87% from 2020 to 2024, along with a steep decline in growth rate of -62.4% from 2023 to 2024. These trends suggest challenges and shifts in the market dynamics for plant-based oils 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 Plant-Based Oils Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plant-Based Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plant-Based Oils Market - Industry Life Cycle |
3.4 Grenada Plant-Based Oils Market - Porter's Five Forces |
3.5 Grenada Plant-Based Oils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Plant-Based Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Plant-Based Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of plant-based oils |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Rising trend of vegan and vegetarian diets |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials |
4.3.2 Intense competition from established brands in the market |
5 Grenada Plant-Based Oils Market Trends |
6 Grenada Plant-Based Oils Market, By Types |
6.1 Grenada Plant-Based Oils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plant-Based Oils Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Plant-Based Oils Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 Grenada Plant-Based Oils Market Revenues & Volume, By Palm Oil, 2021- 2031F |
6.1.5 Grenada Plant-Based Oils Market Revenues & Volume, By Cottonseed Oil, 2021- 2031F |
6.1.6 Grenada Plant-Based Oils Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.1.7 Grenada Plant-Based Oils Market Revenues & Volume, By Rapeseed Oil, 2021- 2031F |
6.1.8 Grenada Plant-Based Oils Market Revenues & Volume, By Coconut Oil, 2021- 2031F |
6.2 Grenada Plant-Based Oils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plant-Based Oils Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.3 Grenada Plant-Based Oils Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.4 Grenada Plant-Based Oils Market Revenues & Volume, By Biofuel, 2021- 2031F |
6.2.5 Grenada Plant-Based Oils Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 Grenada Plant-Based Oils Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Plant-Based Oils Market Import-Export Trade Statistics |
7.1 Grenada Plant-Based Oils Market Export to Major Countries |
7.2 Grenada Plant-Based Oils Market Imports from Major Countries |
8 Grenada Plant-Based Oils Market Key Performance Indicators |
8.1 Consumer adoption rate of plant-based oils |
8.2 Number of new product launches in the market |
8.3 Growth in distribution channels for plant-based oils |
9 Grenada Plant-Based Oils Market - Opportunity Assessment |
9.1 Grenada Plant-Based Oils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Plant-Based Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Plant-Based Oils Market - Competitive Landscape |
10.1 Grenada Plant-Based Oils Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plant-Based Oils 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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