| Product Code: ETC7378827 | 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 |
Despite a significant decline in growth rate in 2024, Grenada`s premium chocolate import market continues to be dominated by a few key exporting countries, including the USA, Trinidad and Tobago, UK, Canada, and Barbados. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 suggests challenges in the industry, while the steep decline in growth rate from 2023 to 2024 raises concerns. Stakeholders should closely monitor these trends and explore strategies to stimulate growth and diversify import sources in the coming years.
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 Premium Chocolate Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Premium Chocolate Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Premium Chocolate Market - Industry Life Cycle |
3.4 Grenada Premium Chocolate Market - Porter's Five Forces |
3.5 Grenada Premium Chocolate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Premium Chocolate Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Premium Chocolate Market Revenues & Volume Share, By Inclusion, 2021 & 2031F |
3.8 Grenada Premium Chocolate Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.9 Grenada Premium Chocolate Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.10 Grenada Premium Chocolate Market Revenues & Volume Share, By Cocoa Content, 2021 & 2031F |
3.11 Grenada Premium Chocolate Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
4 Grenada Premium Chocolate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and preference for premium and high-quality chocolate products |
4.2.2 Growing demand for organic and sustainably sourced chocolate products |
4.2.3 Rising popularity of craft and artisanal chocolates in the market |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like cocoa beans and sugar affecting production costs |
4.3.2 Intense competition from established global chocolate brands in the premium chocolate segment |
4.3.3 Regulatory challenges and compliance requirements in the chocolate manufacturing industry |
5 Grenada Premium Chocolate Market Trends |
6 Grenada Premium Chocolate Market, By Types |
6.1 Grenada Premium Chocolate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Premium Chocolate Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Premium Chocolate Market Revenues & Volume, By Milk Chocolate, 2021- 2031F |
6.1.4 Grenada Premium Chocolate Market Revenues & Volume, By Dark Chocolate, 2021- 2031F |
6.1.5 Grenada Premium Chocolate Market Revenues & Volume, By White Chocolate, 2021- 2031F |
6.2 Grenada Premium Chocolate Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Premium Chocolate Market Revenues & Volume, By Regular/Plain, 2021- 2031F |
6.2.3 Grenada Premium Chocolate Market Revenues & Volume, By Filled, 2021- 2031F |
6.3 Grenada Premium Chocolate Market, By Inclusion |
6.3.1 Overview and Analysis |
6.3.2 Grenada Premium Chocolate Market Revenues & Volume, By With Inclusion Chocolates And Regular, 2021- 2031F |
6.3.3 Grenada Premium Chocolate Market Revenues & Volume, By No Inclusions Chocolate, 2021- 2031F |
6.4 Grenada Premium Chocolate Market, By Nature |
6.4.1 Overview and Analysis |
6.4.2 Grenada Premium Chocolate Market Revenues & Volume, By Conventional, 2021- 2031F |
6.4.3 Grenada Premium Chocolate Market Revenues & Volume, By Organic, 2021- 2031F |
6.5 Grenada Premium Chocolate Market, By Category |
6.5.1 Overview and Analysis |
6.5.2 Grenada Premium Chocolate Market Revenues & Volume, By Standard Premium, 2021- 2031F |
6.5.3 Grenada Premium Chocolate Market Revenues & Volume, By Super Premium, 2021- 2031F |
6.6 Grenada Premium Chocolate Market, By Cocoa Content |
6.6.1 Overview and Analysis |
6.6.2 Grenada Premium Chocolate Market Revenues & Volume, By 50-60%, 2021- 2031F |
6.6.3 Grenada Premium Chocolate Market Revenues & Volume, By 71-80%, 2021- 2031F |
6.6.4 Grenada Premium Chocolate Market Revenues & Volume, By 61-70%, 2021- 2031F |
6.6.5 Grenada Premium Chocolate Market Revenues & Volume, By 81-90%, 2021- 2031F |
6.6.6 Grenada Premium Chocolate Market Revenues & Volume, By 91-100%, 2021- 2031F |
6.7 Grenada Premium Chocolate Market, By Flavor |
6.7.1 Overview and Analysis |
6.7.2 Grenada Premium Chocolate Market Revenues & Volume, By Flavor, 2021- 2031F |
6.7.3 Grenada Premium Chocolate Market Revenues & Volume, By Classic/Regular, 2021- 2031F |
6.8 Grenada Premium Chocolate Market, By Packaging |
6.8.1 Overview and Analysis |
6.8.2 Grenada Premium Chocolate Market Revenues & Volume, By Plastic Wrap, 2021- 2031F |
6.8.3 Grenada Premium Chocolate Market Revenues & Volume, By Gift Boxes/Assorted, 2021- 2031F |
6.8.4 Grenada Premium Chocolate Market Revenues & Volume, By Board Box, 2021- 2031F |
6.8.5 Grenada Premium Chocolate Market Revenues & Volume, By Board Box, 2021- 2031F |
6.8.6 Grenada Premium Chocolate Market Revenues & Volume, By Sachets, 2021- 2031F |
6.8.7 Grenada Premium Chocolate Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Premium Chocolate Market Import-Export Trade Statistics |
7.1 Grenada Premium Chocolate Market Export to Major Countries |
7.2 Grenada Premium Chocolate Market Imports from Major Countries |
8 Grenada Premium Chocolate Market Key Performance Indicators |
8.1 Customer satisfaction scores reflecting the quality and taste of Grenada premium chocolate products |
8.2 Growth in online and offline distribution channels expanding the reach of Grenada premium chocolate in the market |
8.3 Percentage increase in repeat purchases from customers indicating brand loyalty and satisfaction with Grenada premium chocolate |
9 Grenada Premium Chocolate Market - Opportunity Assessment |
9.1 Grenada Premium Chocolate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Premium Chocolate Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Premium Chocolate Market Opportunity Assessment, By Inclusion, 2021 & 2031F |
9.4 Grenada Premium Chocolate Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.5 Grenada Premium Chocolate Market Opportunity Assessment, By Category, 2021 & 2031F |
9.6 Grenada Premium Chocolate Market Opportunity Assessment, By Cocoa Content, 2021 & 2031F |
9.7 Grenada Premium Chocolate Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.7 Grenada Premium Chocolate Market Opportunity Assessment, By Packaging, 2021 & 2031F |
10 Grenada Premium Chocolate Market - Competitive Landscape |
10.1 Grenada Premium Chocolate Market Revenue Share, By Companies, 2024 |
10.2 Grenada Premium Chocolate 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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