| Product Code: ETC5819834 | 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 plant-based protein import market in Grenada saw significant growth in 2024, with top exporting countries being Malaysia, USA, India, Saint Lucia, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 15.17% from 2020 to 2024 highlights the increasing demand for plant-based protein products in Grenada. The growth rate of 6.91% from 2023 to 2024 suggests a sustained momentum in the market, making it a lucrative opportunity for stakeholders in the plant-based protein 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 Plant-based Protein Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plant-based Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plant-based Protein Market - Industry Life Cycle |
3.4 Grenada Plant-based Protein Market - Porter's Five Forces |
3.5 Grenada Plant-based Protein Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Grenada Plant-based Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Plant-based Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Plant-based Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and sustainability benefits of plant-based proteins |
4.2.2 Growing demand for vegan and vegetarian food products |
4.2.3 Rising concerns about animal welfare and environmental impact of traditional meat production |
4.3 Market Restraints |
4.3.1 High production costs associated with plant-based protein products |
4.3.2 Limited availability of raw materials for plant-based protein production |
4.3.3 Lack of variety and taste appeal compared to traditional meat products |
5 Grenada Plant-based Protein Market Trends |
6 Grenada Plant-based Protein Market Segmentations |
6.1 Grenada Plant-based Protein Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plant-based Protein Market Revenues & Volume, By Soy, 2021-2031F |
6.1.3 Grenada Plant-based Protein Market Revenues & Volume, By Wheat & Pea, 2021-2031F |
6.2 Grenada Plant-based Protein Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plant-based Protein Market Revenues & Volume, By Isolates, 2021-2031F |
6.2.3 Grenada Plant-based Protein Market Revenues & Volume, By Concentrates, 2021-2031F |
6.2.4 Grenada Plant-based Protein Market Revenues & Volume, By Textured, 2021-2031F |
6.3 Grenada Plant-based Protein Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Plant-based Protein Market Revenues & Volume, By Food Meat Alternatives, 2021-2031F |
6.3.3 Grenada Plant-based Protein Market Revenues & Volume, By Dairy Alternatives, 2021-2031F |
6.3.4 Grenada Plant-based Protein Market Revenues & Volume, By Performance Nutrition & others, 2021-2031F |
7 Grenada Plant-based Protein Market Import-Export Trade Statistics |
7.1 Grenada Plant-based Protein Market Export to Major Countries |
7.2 Grenada Plant-based Protein Market Imports from Major Countries |
8 Grenada Plant-based Protein Market Key Performance Indicators |
8.1 Consumer adoption rate of plant-based protein products |
8.2 Number of new product launches in the grenada plant-based protein market |
8.3 Investment in research and development for improving taste and texture of plant-based proteins |
9 Grenada Plant-based Protein Market - Opportunity Assessment |
9.1 Grenada Plant-based Protein Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Grenada Plant-based Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Plant-based Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Plant-based Protein Market - Competitive Landscape |
10.1 Grenada Plant-based Protein Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plant-based Protein 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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