| Product Code: ETC5225210 | 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 |
In 2024, Grenada`s import market for soup and extracts continued to show high concentration, with Trinidad and Tobago, USA, Jamaica, UK, and Metropolitan France emerging as the top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at a steady 3.05%. This data highlights the consistent demand for soup and extracts in Grenada, with key trading partners maintaining a significant presence in the market.
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 Soup and Extracts Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Soup and Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Soup and Extracts Market - Industry Life Cycle |
3.4 Grenada Soup and Extracts Market - Porter's Five Forces |
3.5 Grenada Soup and Extracts Market Revenues & Volume Share, By Soup Type, 2021 & 2031F |
3.6 Grenada Soup and Extracts Market Revenues & Volume Share, By Sources, 2021 & 2031F |
3.7 Grenada Soup and Extracts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Soup and Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for healthy and natural food products |
4.2.2 Growing awareness about the health benefits of Grenada soup and extracts |
4.2.3 Rising popularity of plant-based diets |
4.3 Market Restraints |
4.3.1 Price sensitivity of consumers towards premium Grenada soup and extracts |
4.3.2 Limited availability of Grenada ingredients due to seasonal variations |
5 Grenada Soup and Extracts Market Trends |
6 Grenada Soup and Extracts Market Segmentations |
6.1 Grenada Soup and Extracts Market, By Soup Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Soup and Extracts Market Revenues & Volume, By Dried, 2021-2031F |
6.1.3 Grenada Soup and Extracts Market Revenues & Volume, By Wet, 2021-2031F |
6.1.4 Grenada Soup and Extracts Market Revenues & Volume, By Canned, 2021-2031F |
6.1.5 Grenada Soup and Extracts Market Revenues & Volume, By UHT, 2021-2031F |
6.2 Grenada Soup and Extracts Market, By Sources |
6.2.1 Overview and Analysis |
6.2.2 Grenada Soup and Extracts Market Revenues & Volume, By Spices, 2021-2031F |
6.2.3 Grenada Soup and Extracts Market Revenues & Volume, By Herbs, 2021-2031F |
6.2.4 Grenada Soup and Extracts Market Revenues & Volume, By Flowers, 2021-2031F |
6.2.5 Grenada Soup and Extracts Market Revenues & Volume, By Tea leaves, 2021-2031F |
6.3 Grenada Soup and Extracts Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Soup and Extracts Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.3.3 Grenada Soup and Extracts Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Grenada Soup and Extracts Market Revenues & Volume, By Online, 2021-2031F |
7 Grenada Soup and Extracts Market Import-Export Trade Statistics |
7.1 Grenada Soup and Extracts Market Export to Major Countries |
7.2 Grenada Soup and Extracts Market Imports from Major Countries |
8 Grenada Soup and Extracts Market Key Performance Indicators |
8.1 Number of new product launches incorporating Grenada soup and extracts |
8.2 Increase in online searches for Grenada soup and extracts recipes |
8.3 Growth in the number of retailers carrying Grenada soup and extracts |
9 Grenada Soup and Extracts Market - Opportunity Assessment |
9.1 Grenada Soup and Extracts Market Opportunity Assessment, By Soup Type, 2021 & 2031F |
9.2 Grenada Soup and Extracts Market Opportunity Assessment, By Sources, 2021 & 2031F |
9.3 Grenada Soup and Extracts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Soup and Extracts Market - Competitive Landscape |
10.1 Grenada Soup and Extracts Market Revenue Share, By Companies, 2024 |
10.2 Grenada Soup and Extracts 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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