| Product Code: ETC5793899 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see strong growth in specialty yeast imports, with the top exporting countries being the USA, Metropolitan France, Tokelau, UK, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 10.62% from 2020-24 highlights sustained expansion. Notably, the growth rate spiked to 21.3% from 2023-24, signaling increasing demand for specialty yeast in Grenada. These trends suggest a promising market outlook for specialty yeast imports in the country.
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 Yeast Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Specialty Yeast Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Specialty Yeast Market - Industry Life Cycle |
3.4 Grenada Specialty Yeast Market - Porter's Five Forces |
3.5 Grenada Specialty Yeast Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Specialty Yeast Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Grenada Specialty Yeast Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Specialty Yeast Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for natural and clean-label ingredients in food products |
4.2.2 Rising awareness about the health benefits of yeast-based products |
4.2.3 Growing adoption of specialty yeast in the food and beverage industry for flavor enhancement |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in specialty yeast production |
4.3.2 Stringent regulations and quality standards governing the production and sale of yeast products |
4.3.3 Limited availability of skilled labor in yeast fermentation processes |
5 Grenada Specialty Yeast Market Trends |
6 Grenada Specialty Yeast Market Segmentations |
6.1 Grenada Specialty Yeast Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Specialty Yeast Market Revenues & Volume, By Yeast Extracts, 2021-2031F |
6.1.3 Grenada Specialty Yeast Market Revenues & Volume, By Yeast Autolysates, 2021-2031F |
6.1.4 Grenada Specialty Yeast Market Revenues & Volume, By Yeast Beta-glucan, 2021-2031F |
6.1.5 Grenada Specialty Yeast Market Revenues & Volume, By Other Yeast Derivatives, 2021-2031F |
6.2 Grenada Specialty Yeast Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Grenada Specialty Yeast Market Revenues & Volume, By Saccharomyces Cerevisiae, 2021-2031F |
6.2.3 Grenada Specialty Yeast Market Revenues & Volume, By Pichia Pastoris, 2021-2031F |
6.2.4 Grenada Specialty Yeast Market Revenues & Volume, By Kluyveromyces, 2021-2031F |
6.3 Grenada Specialty Yeast Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Specialty Yeast Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Grenada Specialty Yeast Market Revenues & Volume, By Bakery products, 2021-2031F |
6.3.4 Grenada Specialty Yeast Market Revenues & Volume, By Functional foods, 2021-2031F |
6.3.5 Grenada Specialty Yeast Market Revenues & Volume, By Savory products, 2021-2031F |
6.3.6 Grenada Specialty Yeast Market Revenues & Volume, By Other food applications (soups, sauces, snacks, food flavors, and seasonings), 2021-2031F |
6.3.7 Grenada Specialty Yeast Market Revenues & Volume, By Beverages, 2021-2031F |
7 Grenada Specialty Yeast Market Import-Export Trade Statistics |
7.1 Grenada Specialty Yeast Market Export to Major Countries |
7.2 Grenada Specialty Yeast Market Imports from Major Countries |
8 Grenada Specialty Yeast Market Key Performance Indicators |
8.1 Research and development investment in innovative yeast strains and production processes |
8.2 Number of new product launches featuring specialty yeast as a key ingredient |
8.3 Rate of adoption of specialty yeast in different food and beverage applications |
9 Grenada Specialty Yeast Market - Opportunity Assessment |
9.1 Grenada Specialty Yeast Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Specialty Yeast Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Grenada Specialty Yeast Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Specialty Yeast Market - Competitive Landscape |
10.1 Grenada Specialty Yeast Market Revenue Share, By Companies, 2024 |
10.2 Grenada Specialty Yeast 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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