| Product Code: ETC5208186 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada`s processed food import shipments continued to be dominated by key trading partners such as the USA, Trinidad and Tobago, Denmark, Brazil, and Austria. Despite a decrease in the growth rate from the previous year, the industry still maintained a healthy Compound Annual Growth Rate (CAGR) of 5.89% over the period of 2020-2024. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, reflecting the evolving market dynamics and competitive landscape within the processed food sector in Grenada.
By 2027, Grenada's Processed Food market is forecasted to achieve a negative growth rate of -0.25%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

The processed food market in Grenada is witnessing robust growth due to urbanization and changing consumer lifestyles. Demand for packaged, ready-to-eat, and long-shelf-life food products drives this market.
The processed food market in Grenada is expanding due to the increasing demand for convenience foods that offer longer shelf life, ease of preparation, and enhanced flavors. The busy lifestyles of consumers, particularly in urban areas, have boosted the demand for processed food products. Moreover, advancements in food preservation technologies and the growing trend toward packaged food products are contributing to the growth of the processed food market.
The processed food market in Grenada faces competition from fresh and locally sourced foods. High costs of importing processed food products and limited local manufacturing capabilities add to the markets challenges.
The government encourages the growth of the processed food market in Grenada by implementing policies that promote food security and local production. The government provides subsidies and grants for food processing businesses that focus on innovation and sustainability, while ensuring that products meet health and safety standards.
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 Processed Food Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Processed Food Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Processed Food Market - Industry Life Cycle |
3.4 Grenada Processed Food Market - Porter's Five Forces |
3.5 Grenada Processed Food Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Grenada Processed Food Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.7 Grenada Processed Food Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Processed Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenient and ready-to-eat food products |
4.2.2 Growing awareness about health and wellness leading to a preference for processed foods with natural ingredients |
4.2.3 Rising disposable income levels and changing lifestyles driving the consumption of processed foods |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting production costs and pricing of processed foods |
4.3.2 Stringent regulations and standards for food safety and labeling increasing compliance costs for manufacturers |
5 Grenada Processed Food Market Trends |
6 Grenada Processed Food Market Segmentations |
6.1 Grenada Processed Food Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Grenada Processed Food Market Revenues & Volume, By Minimally, 2021-2031F |
6.1.3 Grenada Processed Food Market Revenues & Volume, By Highly, 2021-2031F |
6.2 Grenada Processed Food Market, By Product type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Processed Food Market Revenues & Volume, By Plant based, 2021-2031F |
6.2.3 Grenada Processed Food Market Revenues & Volume, By Fruits , 2021-2031F | 6.2.4 Grenada Processed Food Market Revenues & Volume, By Vegetables, 2021-2031F |
6.2.5 Grenada Processed Food Market Revenues & Volume, By Legumes , 2021-2031F |
6.2.6 Grenada Processed Food Market Revenues & Volume, By Extracted foods, 2021-2031F |
6.2.7 Grenada Processed Food Market Revenues & Volume, By Others, 2021-2031F |
6.2.8 Grenada Processed Food Market Revenues & Volume, By Milk , 2021-2031F |
6.2.9 Grenada Processed Food Market Revenues & Volume, By Milk , 2021-2031F |
6.3 Grenada Processed Food Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Processed Food Market Revenues & Volume, By Baked foods, 2021-2031F |
6.3.3 Grenada Processed Food Market Revenues & Volume, By Baby food, 2021-2031F |
6.3.4 Grenada Processed Food Market Revenues & Volume, By Breakfast Cereal, 2021-2031F |
6.3.5 Grenada Processed Food Market Revenues & Volume, By Biscuits, 2021-2031F |
6.3.6 Grenada Processed Food Market Revenues & Volume, By Cheese, 2021-2031F |
6.3.7 Grenada Processed Food Market Revenues & Volume, By Chocolate confectionary, 2021-2031F |
6.3.8 Grenada Processed Food Market Revenues & Volume, By Instant Noodles, 2021-2031F |
6.3.9 Grenada Processed Food Market Revenues & Volume, By Instant Noodles, 2021-2031F |
7 Grenada Processed Food Market Import-Export Trade Statistics |
7.1 Grenada Processed Food Market Export to Major Countries |
7.2 Grenada Processed Food Market Imports from Major Countries |
8 Grenada Processed Food Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for processed food brands |
8.2 Number of new product launches and innovations in the grenada processed food market |
8.3 Percentage of revenue generated from new product lines vs. existing products |
9 Grenada Processed Food Market - Opportunity Assessment |
9.1 Grenada Processed Food Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Grenada Processed Food Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.3 Grenada Processed Food Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Processed Food Market - Competitive Landscape |
10.1 Grenada Processed Food Market Revenue Share, By Companies, 2024 |
10.2 Grenada Processed Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |