| Product Code: ETC7378085 | 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 |
In 2024, Grenada continued to import significant quantities of plant-based spreads, with top exporters being the USA, Trinidad and Tobago, Barbados, Indonesia, and Jamaica. The market concentration, as measured by the HHI index, remained very high, indicating a competitive landscape dominated by a few key players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was strong at 11.41%, suggesting sustained interest in plant-based spreads in the Grenadian market.
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 Spreads Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plant-based Spreads Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plant-based Spreads Market - Industry Life Cycle |
3.4 Grenada Plant-based Spreads Market - Porter's Five Forces |
3.5 Grenada Plant-based Spreads Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Plant-based Spreads Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Grenada Plant-based Spreads Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Plant-based Spreads Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for plant-based and healthier food options |
4.2.2 Growing trend towards veganism and vegetarianism |
4.2.3 Rising concerns about sustainability and environmental impact of traditional dairy products |
4.3 Market Restraints |
4.3.1 Higher production costs associated with plant-based spreads compared to conventional dairy spreads |
4.3.2 Limited availability of raw materials for plant-based spreads |
4.3.3 Potential challenges in achieving the same taste and texture as traditional dairy spreads |
5 Grenada Plant-based Spreads Market Trends |
6 Grenada Plant-based Spreads Market, By Types |
6.1 Grenada Plant-based Spreads Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plant-based Spreads Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Plant-based Spreads Market Revenues & Volume, By Lard, 2021- 2031F |
6.1.4 Grenada Plant-based Spreads Market Revenues & Volume, By Margarine, 2021- 2031F |
6.1.5 Grenada Plant-based Spreads Market Revenues & Volume, By Nut Butters, 2021- 2031F |
6.1.6 Grenada Plant-based Spreads Market Revenues & Volume, By Legume-based spreads, 2021- 2031F |
6.1.7 Grenada Plant-based Spreads Market Revenues & Volume, By Veggie Pts, 2021- 2031F |
6.1.8 Grenada Plant-based Spreads Market Revenues & Volume, By Pestos, 2021- 2031F |
6.2 Grenada Plant-based Spreads Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plant-based Spreads Market Revenues & Volume, By Pulses, 2021- 2031F |
6.2.3 Grenada Plant-based Spreads Market Revenues & Volume, By Vegetable Oils, 2021- 2031F |
6.2.4 Grenada Plant-based Spreads Market Revenues & Volume, By Nuts, 2021- 2031F |
6.2.5 Grenada Plant-based Spreads Market Revenues & Volume, By Seeds, 2021- 2031F |
6.2.6 Grenada Plant-based Spreads Market Revenues & Volume, By Grains, 2021- 2031F |
6.3 Grenada Plant-based Spreads Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Plant-based Spreads Market Revenues & Volume, By Hypermarket and Supermarket, 2021- 2031F |
6.3.3 Grenada Plant-based Spreads Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.3.4 Grenada Plant-based Spreads Market Revenues & Volume, By Specialty Store, 2021- 2031F |
6.3.5 Grenada Plant-based Spreads Market Revenues & Volume, By Online Channe, 2021- 2031F |
7 Grenada Plant-based Spreads Market Import-Export Trade Statistics |
7.1 Grenada Plant-based Spreads Market Export to Major Countries |
7.2 Grenada Plant-based Spreads Market Imports from Major Countries |
8 Grenada Plant-based Spreads Market Key Performance Indicators |
8.1 Percentage increase in the number of new product launches in the plant-based spreads category |
8.2 Growth in the number of partnerships with retailers and foodservice providers |
8.3 Expansion of distribution channels for grenada plant-based spreads |
9 Grenada Plant-based Spreads Market - Opportunity Assessment |
9.1 Grenada Plant-based Spreads Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Plant-based Spreads Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Grenada Plant-based Spreads Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Plant-based Spreads Market - Competitive Landscape |
10.1 Grenada Plant-based Spreads Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plant-based Spreads 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.
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