| Product Code: ETC5021321 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s safflower oil import market continued to see strong growth in 2024, with top exporters including the USA, Netherlands, Ukraine, China, and Ireland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive Compound Annual Growth Rate (CAGR) of 11.51% from 2020 to 2024 highlights sustained expansion. The exceptional growth rate of 152.11% from 2023 to 2024 underlines the increasing demand for safflower oil in Grenada, signaling potential opportunities for importers and stakeholders in the industry.
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 Safflower Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Safflower Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Safflower Oil Market - Industry Life Cycle |
3.4 Grenada Safflower Oil Market - Porter's Five Forces |
3.5 Grenada Safflower Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Grenada Safflower Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Safflower Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Safflower Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Safflower Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Safflower Oil Market Trends |
6 Grenada Safflower Oil Market Segmentations |
6.1 Grenada Safflower Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Grenada Safflower Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Grenada Safflower Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Grenada Safflower Oil Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Safflower Oil Market Revenues & Volume, By High Oleic, 2021-2031F |
6.2.3 Grenada Safflower Oil Market Revenues & Volume, By High Linoleic, 2021-2031F |
6.3 Grenada Safflower Oil Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Safflower Oil Market Revenues & Volume, By Retail/Household, 2021-2031F |
6.3.3 Grenada Safflower Oil Market Revenues & Volume, By Foodservice, 2021-2031F |
6.3.4 Grenada Safflower Oil Market Revenues & Volume, By Food & Beverage Processing, 2021-2031F |
6.3.5 Grenada Safflower Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Grenada Safflower Oil Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.7 Grenada Safflower Oil Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.4 Grenada Safflower Oil Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Safflower Oil Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Grenada Safflower Oil Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.4.4 Grenada Safflower Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Grenada Safflower Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.4.6 Grenada Safflower Oil Market Revenues & Volume, By Online Stores, 2021-2031F |
6.4.7 Grenada Safflower Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Safflower Oil Market Import-Export Trade Statistics |
7.1 Grenada Safflower Oil Market Export to Major Countries |
7.2 Grenada Safflower Oil Market Imports from Major Countries |
8 Grenada Safflower Oil Market Key Performance Indicators |
9 Grenada Safflower Oil Market - Opportunity Assessment |
9.1 Grenada Safflower Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Grenada Safflower Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Safflower Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Safflower Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Safflower Oil Market - Competitive Landscape |
10.1 Grenada Safflower Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Safflower Oil 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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