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

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

Market Forecast By Type (Dry, Wet, Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Others) And Competitive Landscape

Product Code: ETC5008952	Publication Date: Nov 2023	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sachin Kumar Rai	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Grenada Soups Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to rely heavily on imports for its soup market, with top suppliers including Trinidad and Tobago, USA, Jamaica, UK, and Metropolitan France. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market saw steady growth with a compound annual growth rate (CAGR) of 3.05% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -18.22%, indicating potential shifts in market dynamics or challenges faced by importers in the soup segment.

Soups Market: Grenada vs Top 5 Major Economies in 2027 (North America)

The Soups market in Grenada is projected to grow at a stable growth rate of 0.21% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Soups Market: Grenada vs Top 5 Major Economies in 2027 (North America)

Grenada Soups Market Overview

The soups market in Grenada caters to both traditional and modern culinary preferences. Ready-to-eat and instant soup products are popular among busy consumers, while demand for organic and nutrient-rich varieties is growing. Local flavors and healthy ingredients are shaping market trends.

Drivers of the market

The soups market in Grenada is expanding due to the increasing demand for convenient, healthy, and ready-to-eat food products. As consumer preferences shift towards nutritious and quick meal options, the demand for soups, particularly those with local ingredients and flavors, is rising in Grenada.

Challenges of the market

The Grenada Soups market is challenged by competition from imported products, which offer cheaper alternatives. Additionally, the limited availability of local ingredients for soup production and consumer preferences for quick and easy meal solutions may slow down the growth of this market.

Government Policy of the market

In the soups market, Grenadas government encourages the production of healthy, locally sourced ingredients. Policies support the development of a sustainable food industry, with initiatives to boost the local agriculture sector and reduce dependence on imported goods.

Key Highlights of the Report:

Grenada Soups Market Outlook
Market Size of Grenada Soups Market, 2024
Forecast of Grenada Soups Market, 2031
Historical Data and Forecast of Grenada Soups Revenues & Volume for the Period 2021-2031
Grenada Soups Market Trend Evolution
Grenada Soups Market Drivers and Challenges
Grenada Soups Price Trends
Grenada Soups Porter`s Five Forces
Grenada Soups Industry Life Cycle
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Dry for the Period 2021-2031
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Wet for the Period 2021-2031
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Distribution Channel for the Period 2021-2031
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2021-2031
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Convenience Stores for the Period 2021-2031
Historical Data and Forecast of Grenada Soups Market Revenues & Volume By Others for the Period 2021-2031
Grenada Soups Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Distribution Channel
Grenada Soups Top Companies Market Share
Grenada Soups Competitive Benchmarking By Technical and Operational Parameters
Grenada Soups Company Profiles
Grenada Soups 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 Soups Market Overview

3.1 Grenada Country Macro Economic Indicators

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

3.3 Grenada Soups Market - Industry Life Cycle

3.4 Grenada Soups Market - Porter's Five Forces

3.5 Grenada Soups Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Soups Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Grenada Soups Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Soups Market Trends

6 Grenada Soups Market Segmentations

6.1 Grenada Soups Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Soups Market Revenues & Volume, By Dry, 2021-2031F

6.1.3 Grenada Soups Market Revenues & Volume, By Wet, 2021-2031F

6.1.4 Grenada Soups Market Revenues & Volume, By Others, 2021-2031F

6.2 Grenada Soups Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Grenada Soups Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F

6.2.3 Grenada Soups Market Revenues & Volume, By Convenience Stores, 2021-2031F

6.2.4 Grenada Soups Market Revenues & Volume, By Others, 2021-2031F

7 Grenada Soups Market Import-Export Trade Statistics

7.1 Grenada Soups Market Export to Major Countries

7.2 Grenada Soups Market Imports from Major Countries

8 Grenada Soups Market Key Performance Indicators

9 Grenada Soups Market - Opportunity Assessment

9.1 Grenada Soups Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Soups Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Grenada Soups Market - Competitive Landscape

10.1 Grenada Soups Market Revenue Share, By Companies, 2024

10.2 Grenada Soups 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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