| Product Code: ETC7381328 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on imports of specialty ingredients, with top exporters including the USA, Costa Rica, Brazil, UK, and UAE. The market concentration, while slightly decreasing from 2023, remained high. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 9.11%, although there was a slight decline in growth rate from 2023 to 2024 at -5.23%. This data suggests a stable demand for specialty ingredients in Grenada, with opportunities for further market expansion and diversification in the coming years.
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 Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Specialty Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Specialty Ingredients Market - Industry Life Cycle |
3.4 Grenada Specialty Ingredients Market - Porter's Five Forces |
3.5 Grenada Specialty Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Specialty Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Specialty Ingredients Market Trends |
6 Grenada Specialty Ingredients Market, By Types |
6.1 Grenada Specialty Ingredients Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Specialty Ingredients Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Specialty Ingredients Market Revenues & Volume, By Food and Beverage, 2021- 2031F |
6.1.4 Grenada Specialty Ingredients Market Revenues & Volume, By Health, 2021- 2031F |
6.1.5 Grenada Specialty Ingredients Market Revenues & Volume, By Personal Care, 2021- 2031F |
7 Grenada Specialty Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Specialty Ingredients Market Export to Major Countries |
7.2 Grenada Specialty Ingredients Market Imports from Major Countries |
8 Grenada Specialty Ingredients Market Key Performance Indicators |
9 Grenada Specialty Ingredients Market - Opportunity Assessment |
9.1 Grenada Specialty Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Specialty Ingredients Market - Competitive Landscape |
10.1 Grenada Specialty Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Specialty Ingredients 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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