| Product Code: ETC4661290 | 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 saw significant soy sauce import shipments from top exporting countries such as the USA, Trinidad and Tobago, UK, Puerto Rico, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 19.92% from 2020 to 2024 reflects a robust expansion in soy sauce imports. The notable growth rate of 16.79% from 2023 to 2024 suggests continued momentum in the import market, positioning Grenada as a key player in the soy sauce trade.
By 2027, the Soy Sauce market in Grenada is anticipated to reach a growth rate of 0.23%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

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 Soy Sauce Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Soy Sauce Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Soy Sauce Market - Industry Life Cycle |
3.4 Grenada Soy Sauce Market - Porter's Five Forces |
3.5 Grenada Soy Sauce Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Soy Sauce Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Soy Sauce Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Soy Sauce Market Trends |
6 Grenada Soy Sauce Market Segmentations |
6.1 Grenada Soy Sauce Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Soy Sauce Market Revenues & Volume, By Brewed, 2021-2031F |
6.1.3 Grenada Soy Sauce Market Revenues & Volume, By Blended, 2021-2031F |
6.2 Grenada Soy Sauce Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Soy Sauce Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Grenada Soy Sauce Market Revenues & Volume, By Food Industry, 2021-2031F |
7 Grenada Soy Sauce Market Import-Export Trade Statistics |
7.1 Grenada Soy Sauce Market Export to Major Countries |
7.2 Grenada Soy Sauce Market Imports from Major Countries |
8 Grenada Soy Sauce Market Key Performance Indicators |
9 Grenada Soy Sauce Market - Opportunity Assessment |
9.1 Grenada Soy Sauce Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Soy Sauce Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Soy Sauce Market - Competitive Landscape |
10.1 Grenada Soy Sauce Market Revenue Share, By Companies, 2024 |
10.2 Grenada Soy Sauce 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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