| Product Code: ETC7379883 | 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 |
In 2024, Grenada continues to rely on imports of rice-based products, with Trinidad and Tobago, USA, UK, Barbados, and Areas, nes being the top exporting countries. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry is experiencing significant growth with a strong compound annual growth rate (CAGR) of 15.07% from 2020 to 2024. The growth momentum is maintained with a notable growth rate of 13.74% from 2023 to 2024, showcasing the increasing demand and opportunities within the Grenada rice products 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 Rice Based Products Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Rice Based Products Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Rice Based Products Market - Industry Life Cycle |
3.4 Grenada Rice Based Products Market - Porter's Five Forces |
3.5 Grenada Rice Based Products Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Rice Based Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Grenada Rice Based Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Rice Based Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of rice-based products |
4.2.2 Rising demand for gluten-free and plant-based food options |
4.2.3 Government initiatives to promote local agriculture and food production |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Competition from other grain-based products in the market |
5 Grenada Rice Based Products Market Trends |
6 Grenada Rice Based Products Market, By Types |
6.1 Grenada Rice Based Products Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Rice Based Products Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Rice Based Products Market Revenues & Volume, By Rice Snacks, 2021- 2031F |
6.1.4 Grenada Rice Based Products Market Revenues & Volume, By Rice Noodles, 2021- 2031F |
6.1.5 Grenada Rice Based Products Market Revenues & Volume, By Rice Puddings, 2021- 2031F |
6.1.6 Grenada Rice Based Products Market Revenues & Volume, By Rice Cakes, 2021- 2031F |
6.1.7 Grenada Rice Based Products Market Revenues & Volume, By Rice Balls, 2021- 2031F |
6.1.8 Grenada Rice Based Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Rice Based Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Rice Based Products Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Grenada Rice Based Products Market Revenues & Volume, By Online, 2021- 2031F |
6.2.4 Grenada Rice Based Products Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Rice Based Products Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Rice Based Products Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3.3 Grenada Rice Based Products Market Revenues & Volume, By Organic, 2021- 2031F |
7 Grenada Rice Based Products Market Import-Export Trade Statistics |
7.1 Grenada Rice Based Products Market Export to Major Countries |
7.2 Grenada Rice Based Products Market Imports from Major Countries |
8 Grenada Rice Based Products Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Number of new product launches in the rice-based products segment |
8.3 Percentage increase in online searches for rice-based recipes |
8.4 Growth in the number of rice-based product manufacturers in Grenada |
8.5 Adoption rate of rice-based products in local restaurants and cafes |
9 Grenada Rice Based Products Market - Opportunity Assessment |
9.1 Grenada Rice Based Products Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Rice Based Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Grenada Rice Based Products Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Rice Based Products Market - Competitive Landscape |
10.1 Grenada Rice Based Products Market Revenue Share, By Companies, 2024 |
10.2 Grenada Rice Based Products 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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