| Product Code: ETC7379889 | 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 continued to depend on key rice flour imports from the USA, Areas nes, China, Italy, and Panama, reflecting a highly concentrated market. The high Herfindahl-Hirschman Index (HHI) indicated limited competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 3.95%, with a notable growth spike of 12.34% from 2023 to 2024. This suggests a steady demand for rice flour imports in Grenada, driven by factors such as consumer preferences, trade agreements, and economic conditions.
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 Flour Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Rice Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Rice Flour Market - Industry Life Cycle |
3.4 Grenada Rice Flour Market - Porter's Five Forces |
3.5 Grenada Rice Flour Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Rice Flour Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Rice Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about gluten-free and healthier alternatives to wheat flour |
4.2.2 Growing demand for rice-based products in the food and beverage industry |
4.2.3 Rising preference for locally sourced and sustainable ingredients in food production |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in rice production affecting the availability and pricing of rice flour |
4.3.2 Competition from other gluten-free flour alternatives like almond flour or coconut flour |
4.3.3 Challenges in distribution and supply chain logistics, especially for small-scale producers in Grenada |
5 Grenada Rice Flour Market Trends |
6 Grenada Rice Flour Market, By Types |
6.1 Grenada Rice Flour Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Rice Flour Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Rice Flour Market Revenues & Volume, By Long Grain, 2021- 2031F |
6.1.4 Grenada Rice Flour Market Revenues & Volume, By Medium & Short Grain, 2021- 2031F |
6.2 Grenada Rice Flour Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Rice Flour Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
6.2.3 Grenada Rice Flour Market Revenues & Volume, By Breakfast Solutions, 2021- 2031F |
6.2.4 Grenada Rice Flour Market Revenues & Volume, By Baby Food, 2021- 2031F |
6.2.5 Grenada Rice Flour Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Rice Flour Market Import-Export Trade Statistics |
7.1 Grenada Rice Flour Market Export to Major Countries |
7.2 Grenada Rice Flour Market Imports from Major Countries |
8 Grenada Rice Flour Market Key Performance Indicators |
8.1 Percentage of Grenada rice flour used by local bakeries and food manufacturers |
8.2 Number of new product launches incorporating Grenada rice flour |
8.3 Average price stability of Grenada rice flour compared to imported alternatives |
8.4 Consumer satisfaction ratings for products using Grenada rice flour |
8.5 Number of partnerships or collaborations between Grenada rice flour producers and food businesses |
9 Grenada Rice Flour Market - Opportunity Assessment |
9.1 Grenada Rice Flour Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Rice Flour Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Rice Flour Market - Competitive Landscape |
10.1 Grenada Rice Flour Market Revenue Share, By Companies, 2024 |
10.2 Grenada Rice Flour 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.
To discover high-growth global markets and optimize your business strategy:
Click Here