| Product Code: ETC5381352 | 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 |
Despite a slight decline in growth rate from 2023 to 2024, Grenada`s sheep meat import market continued to show robust expansion with a remarkable compound annual growth rate of 37.7% from 2020 to 2024. The top exporting countries, the USA and Areas, nes, maintained their dominance, contributing to the high Herfindahl-Hirschman Index (HHI) indicating a concentrated market. Grenada`s appetite for sheep meat imports is evidently strong, presenting opportunities for exporters to capitalize on this growing demand in the coming years.
The Sheep Meat market in Grenada is projected to grow at a stable growth rate of 0.69% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Sheep Meat Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sheep Meat Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sheep Meat Market - Industry Life Cycle |
3.4 Grenada Sheep Meat Market - Porter's Five Forces |
3.5 Grenada Sheep Meat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Sheep Meat Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Sheep Meat Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.8 Grenada Sheep Meat Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Sheep Meat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for high-quality, locally sourced meat products |
4.2.2 Growing awareness about the health benefits of consuming sheep meat |
4.2.3 Government initiatives to promote domestic livestock production |
4.3 Market Restraints |
4.3.1 Limited availability of grazing land and resources for sheep farming |
4.3.2 Price volatility in the sheep meat market due to external factors such as weather conditions and global demand fluctuations |
5 Grenada Sheep Meat Market Trends |
6 Grenada Sheep Meat Market Segmentations |
6.1 Grenada Sheep Meat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sheep Meat Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Grenada Sheep Meat Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Grenada Sheep Meat Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sheep Meat Market Revenues & Volume, By Fresh, 2021-2031F |
6.2.3 Grenada Sheep Meat Market Revenues & Volume, By Frozen, 2021-2031F |
6.2.4 Grenada Sheep Meat Market Revenues & Volume, By Processed, 2021-2031F |
6.3 Grenada Sheep Meat Market, By Offering |
6.3.1 Overview and Analysis |
6.3.2 Grenada Sheep Meat Market Revenues & Volume, By Neck, 2021-2031F |
6.3.3 Grenada Sheep Meat Market Revenues & Volume, By Shoulder, 2021-2031F |
6.3.4 Grenada Sheep Meat Market Revenues & Volume, By Rib, 2021-2031F |
6.3.5 Grenada Sheep Meat Market Revenues & Volume, By Breast, 2021-2031F |
6.3.6 Grenada Sheep Meat Market Revenues & Volume, By Leg, 2021-2031F |
6.3.7 Grenada Sheep Meat Market Revenues & Volume, By Foreshank, 2021-2031F |
6.4 Grenada Sheep Meat Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Sheep Meat Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Grenada Sheep Meat Market Revenues & Volume, By Indirect, 2021-2031F |
7 Grenada Sheep Meat Market Import-Export Trade Statistics |
7.1 Grenada Sheep Meat Market Export to Major Countries |
7.2 Grenada Sheep Meat Market Imports from Major Countries |
8 Grenada Sheep Meat Market Key Performance Indicators |
8.1 Average weight gain per sheep in a specified period |
8.2 Percentage of sheep farms implementing sustainable and efficient farming practices |
8.3 Number of new entrants in the grenada sheep meat market |
9 Grenada Sheep Meat Market - Opportunity Assessment |
9.1 Grenada Sheep Meat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Sheep Meat Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Sheep Meat Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.4 Grenada Sheep Meat Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Sheep Meat Market - Competitive Landscape |
10.1 Grenada Sheep Meat Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sheep Meat 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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