| Product Code: ETC5799884 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s savory ingredients import market saw significant growth in 2024, with top exporters being Guyana, Trinidad and Tobago, USA, Jamaica, and Barbados. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 42.9% from 2020 to 2024 highlights a thriving industry. The exceptional growth rate of 117.19% from 2023 to 2024 further underscores the increasing demand for savory ingredients in Grenada, presenting lucrative opportunities for both local and international suppliers.
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 Savory Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Savory Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Savory Ingredients Market - Industry Life Cycle |
3.4 Grenada Savory Ingredients Market - Porter's Five Forces |
3.5 Grenada Savory Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Savory Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Grenada Savory Ingredients Market Revenues & Volume Share, By Origin, 2021 & 2031F |
4 Grenada Savory Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for natural and clean label ingredients |
4.2.2 Rising popularity of ethnic cuisines and flavors |
4.2.3 Growing awareness about the health benefits of using savory ingredients in cooking |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations and compliance requirements in the food industry |
4.3.3 Intense competition from substitute ingredients or products |
5 Grenada Savory Ingredients Market Trends |
6 Grenada Savory Ingredients Market Segmentations |
6.1 Grenada Savory Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Savory Ingredients Market Revenues & Volume, By Monosodium Glutamate, 2021-2031F |
6.1.3 Grenada Savory Ingredients Market Revenues & Volume, By Yeast Extracts, 2021-2031F |
6.1.4 Grenada Savory Ingredients Market Revenues & Volume, By HVPs, 2021-2031F |
6.1.5 Grenada Savory Ingredients Market Revenues & Volume, By HAPs, 2021-2031F |
6.1.6 Grenada Savory Ingredients Market Revenues & Volume, By Nucleotides, 2021-2031F |
6.1.7 Grenada Savory Ingredients Market Revenues & Volume, By Other Types, 2021-2031F |
6.2 Grenada Savory Ingredients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Grenada Savory Ingredients Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Grenada Savory Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Grenada Savory Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Savory Ingredients Market, By Origin |
6.3.1 Overview and Analysis |
6.3.2 Grenada Savory Ingredients Market Revenues & Volume, By Natural , 2021-2031F |
6.3.3 Grenada Savory Ingredients Market Revenues & Volume, By Synthetic, 2021-2031F |
7 Grenada Savory Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Savory Ingredients Market Export to Major Countries |
7.2 Grenada Savory Ingredients Market Imports from Major Countries |
8 Grenada Savory Ingredients Market Key Performance Indicators |
8.1 Consumer engagement with Grenada savory ingredient brands on social media platforms |
8.2 Number of new product launches featuring Grenada savory ingredients in the market |
8.3 Adoption rate of Grenada savory ingredients by foodservice industry players |
9 Grenada Savory Ingredients Market - Opportunity Assessment |
9.1 Grenada Savory Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Savory Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Grenada Savory Ingredients Market Opportunity Assessment, By Origin, 2021 & 2031F |
10 Grenada Savory Ingredients Market - Competitive Landscape |
10.1 Grenada Savory Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Savory Ingredients 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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