| Product Code: ETC4848554 | 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 continues to see a steady increase in sour milk drink imports, with top exporters including the USA, Metropolitan France, Trinidad and Tobago, Denmark, and Netherlands in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 18.21% from 2020 to 2024 highlights a strong ongoing demand. The growth rate of 20.71% from 2023 to 2024 suggests a promising outlook for the sour milk drink market in Grenada.
The sour milk drinks market in Grenada is fueled by their health benefits, such as improved digestion and immunity. These fermented beverages, including kefir and buttermilk, are gaining popularity among health-conscious consumers. Innovation in flavors and packaging is further boosting their appeal.
The sour milk drinks market in Grenada is benefiting from the growing popularity of probiotic-rich dairy beverages, known for their digestive and health benefits. As consumer demand for functional foods increases, sour milk drinks are gaining popularity in Grenadas beverage sector.
This market faces challenges related to the cost of production and consumer resistance to unfamiliar dairy products. Additionally, high competition from international brands and the difficulty of maintaining product consistency due to limited local dairy production affect the growth potential of the sour milk drinks market.
The government supports the sour milk drinks market by regulating food safety standards and promoting the consumption of dairy products that contribute to better nutrition. Policies focus on the local production and quality control of sour milk drinks to meet international standards.
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 Sour Milk Drinks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sour Milk Drinks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sour Milk Drinks Market - Industry Life Cycle |
3.4 Grenada Sour Milk Drinks Market - Porter's Five Forces |
3.5 Grenada Sour Milk Drinks Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Grenada Sour Milk Drinks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Sour Milk Drinks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Sour Milk Drinks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Sour Milk Drinks Market Trends |
6 Grenada Sour Milk Drinks Market Segmentations |
6.1 Grenada Sour Milk Drinks Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sour Milk Drinks Market Revenues & Volume, By Dairy based, 2021-2031F |
6.1.3 Grenada Sour Milk Drinks Market Revenues & Volume, By Non-dairy based, 2021-2031F |
6.2 Grenada Sour Milk Drinks Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sour Milk Drinks Market Revenues & Volume, By Kefir, 2021-2031F |
6.2.3 Grenada Sour Milk Drinks Market Revenues & Volume, By Buttermilk, 2021-2031F |
6.2.4 Grenada Sour Milk Drinks Market Revenues & Volume, By Drinkable yogurt, 2021-2031F |
6.2.5 Grenada Sour Milk Drinks Market Revenues & Volume, By Kombucha, 2021-2031F |
6.2.6 Grenada Sour Milk Drinks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Sour Milk Drinks Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Sour Milk Drinks Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Grenada Sour Milk Drinks Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Grenada Sour Milk Drinks Market Revenues & Volume, By Specialist Stores, 2021-2031F |
6.3.5 Grenada Sour Milk Drinks Market Revenues & Volume, By Online Channels, 2021-2031F |
6.3.6 Grenada Sour Milk Drinks Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Sour Milk Drinks Market Import-Export Trade Statistics |
7.1 Grenada Sour Milk Drinks Market Export to Major Countries |
7.2 Grenada Sour Milk Drinks Market Imports from Major Countries |
8 Grenada Sour Milk Drinks Market Key Performance Indicators |
9 Grenada Sour Milk Drinks Market - Opportunity Assessment |
9.1 Grenada Sour Milk Drinks Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Grenada Sour Milk Drinks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Sour Milk Drinks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Sour Milk Drinks Market - Competitive Landscape |
10.1 Grenada Sour Milk Drinks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sour Milk Drinks 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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