| Product Code: ETC10358374 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to receive significant salted butter imports from top exporting countries including New Zealand, USA, Denmark, Metropolitan France, and the UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a strong hold by these key players. Despite a notable compound annual growth rate (CAGR) of 23.39% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -4.16%. This data suggests a stable and competitive market for salted butter imports in Grenada, with room for potential shifts 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 Salted Butter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Salted Butter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Salted Butter Market - Industry Life Cycle |
3.4 Grenada Salted Butter Market - Porter's Five Forces |
3.5 Grenada Salted Butter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Salted Butter Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.7 Grenada Salted Butter Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Salted Butter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Salted Butter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer preference for natural and organic food products |
4.2.2 Increasing awareness about the health benefits of grass-fed butter |
4.2.3 Rising disposable income levels leading to higher spending on premium food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as milk and cream |
4.3.2 Competition from other types of spreads and substitutes in the market |
4.3.3 Regulatory challenges related to food safety standards and certifications |
5 Grenada Salted Butter Market Trends |
6 Grenada Salted Butter Market, By Types |
6.1 Grenada Salted Butter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Salted Butter Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Salted Butter Market Revenues & Volume, By Dairy, 2021 - 2031F |
6.1.4 Grenada Salted Butter Market Revenues & Volume, By Plant-based, 2021 - 2031F |
6.1.5 Grenada Salted Butter Market Revenues & Volume, By Organic, 2021 - 2031F |
6.1.6 Grenada Salted Butter Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Salted Butter Market, By Ingredient |
6.2.1 Overview and Analysis |
6.2.2 Grenada Salted Butter Market Revenues & Volume, By Milk-based, 2021 - 2031F |
6.2.3 Grenada Salted Butter Market Revenues & Volume, By Vegan, 2021 - 2031F |
6.2.4 Grenada Salted Butter Market Revenues & Volume, By Grass-fed, 2021 - 2031F |
6.2.5 Grenada Salted Butter Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Salted Butter Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Salted Butter Market Revenues & Volume, By Households, 2021 - 2031F |
6.3.3 Grenada Salted Butter Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.3.4 Grenada Salted Butter Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.3.5 Grenada Salted Butter Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Salted Butter Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Salted Butter Market Revenues & Volume, By Cooking & Baking, 2021 - 2031F |
6.4.3 Grenada Salted Butter Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.4.4 Grenada Salted Butter Market Revenues & Volume, By Gourmet Cooking, 2021 - 2031F |
6.4.5 Grenada Salted Butter Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Salted Butter Market Import-Export Trade Statistics |
7.1 Grenada Salted Butter Market Export to Major Countries |
7.2 Grenada Salted Butter Market Imports from Major Countries |
8 Grenada Salted Butter Market Key Performance Indicators |
8.1 Consumer satisfaction scores based on taste, texture, and packaging |
8.2 Percentage of repeat customers indicating brand loyalty |
8.3 Number of new product developments and innovations introduced in the market |
8.4 Level of brand visibility and engagement on social media platforms |
8.5 Growth in distribution channels and partnerships with retailers and e-commerce platforms |
9 Grenada Salted Butter Market - Opportunity Assessment |
9.1 Grenada Salted Butter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Salted Butter Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.3 Grenada Salted Butter Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Salted Butter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Salted Butter Market - Competitive Landscape |
10.1 Grenada Salted Butter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Salted Butter 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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