Grenada Shortenings Market (2025-2031) | Growth, Value, Share, Outlook, Revenue, Size, Analysis, Segmentation, Trends, Forecast, Companies & Industry

Name: Grenada Shortenings Market (2025-2031) | Industry & Outlook Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Shortenings Market, Grenada Shortenings Market, Grenada Shortenings Market Revenues, Grenada Shortenings Market Share, Grenada Shortenings Market Size, Grenada Shortenings Market Outlook, Grenada Shortenings Market Report, Grenada Shortenings Market Competition, Grenada Shortenings Market Overview, Grenada Shortenings Market Trends, Grenada Shortenings Market Forecast

Market Forecast By Key Ingredient (Oil, Butter, Lard, Tallow), By Source (Vegetable, Animal), By Variant (Solid, Liquid, All-purpose, Cake/Icing) And Competitive Landscape

Product Code: ETC5814248	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 Shortenings Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to rely on imports of shortenings, with top exporting countries being the USA, Trinidad and Tobago, Barbados, Indonesia, and Jamaica. The market showed a high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. Despite a strong compound annual growth rate (CAGR) of 11.41% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -3.39%. This indicates a stable yet competitive market for shortenings in Grenada, with key players maintaining a strong presence in the import market.

Key Highlights of the Report:

Grenada Shortenings Market Outlook
Market Size of Grenada Shortenings Market, 2024
Forecast of Grenada Shortenings Market, 2031
Historical Data and Forecast of Grenada Shortenings Revenues & Volume for the Period 2021-2031
Grenada Shortenings Market Trend Evolution
Grenada Shortenings Market Drivers and Challenges
Grenada Shortenings Price Trends
Grenada Shortenings Porter`s Five Forces
Grenada Shortenings Industry Life Cycle
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Key Ingredient for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Oil for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Butter for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Lard for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Tallow for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Source for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Vegetable for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Animal for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Variant for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Solid for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Liquid for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By All-purpose for the Period 2021-2031
Historical Data and Forecast of Grenada Shortenings Market Revenues & Volume By Cake/Icing for the Period 2021-2031
Grenada Shortenings Import Export Trade Statistics
Market Opportunity Assessment By Key Ingredient
Market Opportunity Assessment By Source
Market Opportunity Assessment By Variant
Grenada Shortenings Top Companies Market Share
Grenada Shortenings Competitive Benchmarking By Technical and Operational Parameters
Grenada Shortenings Company Profiles
Grenada Shortenings Key Strategic Recommendations

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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 Shortenings Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Shortenings Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Shortenings Market - Industry Life Cycle

3.4 Grenada Shortenings Market - Porter's Five Forces

3.5 Grenada Shortenings Market Revenues & Volume Share, By Key Ingredient, 2021 & 2031F

3.6 Grenada Shortenings Market Revenues & Volume Share, By Source, 2021 & 2031F

3.7 Grenada Shortenings Market Revenues & Volume Share, By Variant, 2021 & 2031F

4 Grenada Shortenings Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer demand for natural and organic food products

4.2.2 Growing awareness about health benefits of using shortening alternatives

4.2.3 Rising popularity of vegan and plant-based diets

4.3 Market Restraints

4.3.1 Price volatility of key raw materials

4.3.2 Regulatory challenges related to food safety and labeling requirements

5 Grenada Shortenings Market Trends

6 Grenada Shortenings Market Segmentations

6.1 Grenada Shortenings Market, By Key Ingredient

6.1.1 Overview and Analysis

6.1.2 Grenada Shortenings Market Revenues & Volume, By Oil, 2021-2031F

6.1.3 Grenada Shortenings Market Revenues & Volume, By Butter, 2021-2031F

6.1.4 Grenada Shortenings Market Revenues & Volume, By Lard, 2021-2031F

6.1.5 Grenada Shortenings Market Revenues & Volume, By Tallow, 2021-2031F

6.2 Grenada Shortenings Market, By Source

6.2.1 Overview and Analysis

6.2.2 Grenada Shortenings Market Revenues & Volume, By Vegetable, 2021-2031F

6.2.3 Grenada Shortenings Market Revenues & Volume, By Animal, 2021-2031F

6.3 Grenada Shortenings Market, By Variant

6.3.1 Overview and Analysis

6.3.2 Grenada Shortenings Market Revenues & Volume, By Solid, 2021-2031F

6.3.3 Grenada Shortenings Market Revenues & Volume, By Liquid, 2021-2031F

6.3.4 Grenada Shortenings Market Revenues & Volume, By All-purpose, 2021-2031F

6.3.5 Grenada Shortenings Market Revenues & Volume, By Cake/Icing, 2021-2031F

7 Grenada Shortenings Market Import-Export Trade Statistics

7.1 Grenada Shortenings Market Export to Major Countries

7.2 Grenada Shortenings Market Imports from Major Countries

8 Grenada Shortenings Market Key Performance Indicators

8.1 Number of new product launches in the grenada shortenings market

8.2 Percentage of consumers willing to pay a premium for natural or organic shortening products

8.3 Growth rate of the vegan and plant-based food market

8.4 Level of investment in research and development for new shortening alternatives

8.5 Consumer satisfaction ratings for grenada shortenings compared to traditional options

9 Grenada Shortenings Market - Opportunity Assessment

9.1 Grenada Shortenings Market Opportunity Assessment, By Key Ingredient, 2021 & 2031F

9.2 Grenada Shortenings Market Opportunity Assessment, By Source, 2021 & 2031F

9.3 Grenada Shortenings Market Opportunity Assessment, By Variant, 2021 & 2031F

10 Grenada Shortenings Market - Competitive Landscape

10.1 Grenada Shortenings Market Revenue Share, By Companies, 2024

10.2 Grenada Shortenings Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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