| Product Code: ETC10310950 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s specialty coffee industry continues to thrive with top import shipments coming from Trinidad and Tobago, USA, Colombia, France, and Turkey in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 12.05% from 2020 to 2024 demonstrates sustained growth. The growth rate of 5.45% from 2023 to 2024 further highlights the increasing demand for specialty coffee in Grenada. Overall, these trends suggest a promising outlook for the specialty coffee market in Grenada.
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 Specialty Coffee Shops Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Specialty Coffee Shops Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Specialty Coffee Shops Market - Industry Life Cycle |
3.4 Grenada Specialty Coffee Shops Market - Porter's Five Forces |
3.5 Grenada Specialty Coffee Shops Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Specialty Coffee Shops Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 Grenada Specialty Coffee Shops Market Revenues & Volume Share, By Consumer Type, 2021 & 2031F |
3.8 Grenada Specialty Coffee Shops Market Revenues & Volume Share, By Product Offering, 2021 & 2031F |
4 Grenada Specialty Coffee Shops Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend of specialty coffee consumption among consumers |
4.2.2 Increasing tourism in Grenada leading to higher demand for specialty coffee experiences |
4.2.3 Rising popularity of local and sustainable products in the market |
4.3 Market Restraints |
4.3.1 High operating costs for specialty coffee shops in Grenada |
4.3.2 Limited availability of skilled baristas and staff in the region |
4.3.3 Intense competition from established international coffee chains |
5 Grenada Specialty Coffee Shops Market Trends |
6 Grenada Specialty Coffee Shops Market, By Types |
6.1 Grenada Specialty Coffee Shops Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Specialty Coffee Shops Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Specialty Coffee Shops Market Revenues & Volume, By Independent, 2021 - 2031F |
6.1.4 Grenada Specialty Coffee Shops Market Revenues & Volume, By Chain, 2021 - 2031F |
6.1.5 Grenada Specialty Coffee Shops Market Revenues & Volume, By Franchise, 2021 - 2031F |
6.1.6 Grenada Specialty Coffee Shops Market Revenues & Volume, By Kiosk, 2021 - 2031F |
6.1.7 Grenada Specialty Coffee Shops Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Specialty Coffee Shops Market, By Service Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Specialty Coffee Shops Market Revenues & Volume, By Takeaway, 2021 - 2031F |
6.2.3 Grenada Specialty Coffee Shops Market Revenues & Volume, By Dine in, 2021 - 2031F |
6.2.4 Grenada Specialty Coffee Shops Market Revenues & Volume, By Online Delivery, 2021 - 2031F |
6.2.5 Grenada Specialty Coffee Shops Market Revenues & Volume, By Self Service, 2021 - 2031F |
6.2.6 Grenada Specialty Coffee Shops Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Specialty Coffee Shops Market, By Consumer Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Specialty Coffee Shops Market Revenues & Volume, By Individual, 2021 - 2031F |
6.3.3 Grenada Specialty Coffee Shops Market Revenues & Volume, By Corporate, 2021 - 2031F |
6.3.4 Grenada Specialty Coffee Shops Market Revenues & Volume, By Students, 2021 - 2031F |
6.3.5 Grenada Specialty Coffee Shops Market Revenues & Volume, By Tourists, 2021 - 2031F |
6.3.6 Grenada Specialty Coffee Shops Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Specialty Coffee Shops Market, By Product Offering |
6.4.1 Overview and Analysis |
6.4.2 Grenada Specialty Coffee Shops Market Revenues & Volume, By Espresso, 2021 - 2031F |
6.4.3 Grenada Specialty Coffee Shops Market Revenues & Volume, By Cold Brew, 2021 - 2031F |
6.4.4 Grenada Specialty Coffee Shops Market Revenues & Volume, By Nitro Coffee, 2021 - 2031F |
6.4.5 Grenada Specialty Coffee Shops Market Revenues & Volume, By Single Origin, 2021 - 2031F |
6.4.6 Grenada Specialty Coffee Shops Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Specialty Coffee Shops Market Import-Export Trade Statistics |
7.1 Grenada Specialty Coffee Shops Market Export to Major Countries |
7.2 Grenada Specialty Coffee Shops Market Imports from Major Countries |
8 Grenada Specialty Coffee Shops Market Key Performance Indicators |
8.1 Customer retention rate for specialty coffee shops |
8.2 Average customer spending per visit |
8.3 Percentage of revenue from repeat customers |
8.4 Number of positive online reviews and ratings |
8.5 Social media engagement metrics such as likes, shares, and comments on posts |
9 Grenada Specialty Coffee Shops Market - Opportunity Assessment |
9.1 Grenada Specialty Coffee Shops Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Specialty Coffee Shops Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.3 Grenada Specialty Coffee Shops Market Opportunity Assessment, By Consumer Type, 2021 & 2031F |
9.4 Grenada Specialty Coffee Shops Market Opportunity Assessment, By Product Offering, 2021 & 2031F |
10 Grenada Specialty Coffee Shops Market - Competitive Landscape |
10.1 Grenada Specialty Coffee Shops Market Revenue Share, By Companies, 2024 |
10.2 Grenada Specialty Coffee Shops 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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