| Product Code: ETC10318246 | 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 |
The import shipments of Grenada spice and herb extracts in 2024 continued to showcase high concentration, with top exporting countries being the USA, Turkey, UK, Saint Lucia, and India. Despite a notable CAGR of 13.44% from 2020 to 2024, there was a significant decline in the growth rate from 2023 to 2024 at -48.79%. This fluctuation suggests a potential shift in market dynamics or external factors impacting the trade of spice and herb extracts to Grenada. Stakeholders may need to closely monitor trends and adapt strategies accordingly to navigate these changes effectively.
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 Spice and Herb Extracts Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Spice and Herb Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Spice and Herb Extracts Market - Industry Life Cycle |
3.4 Grenada Spice and Herb Extracts Market - Porter's Five Forces |
3.5 Grenada Spice and Herb Extracts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Spice and Herb Extracts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Grenada Spice and Herb Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Spice and Herb Extracts Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Spice and Herb Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for natural and organic products |
4.2.2 Growing awareness about the health benefits of using spices and herbs in cooking |
4.2.3 Rise in culinary tourism and interest in exotic flavors |
4.3 Market Restraints |
4.3.1 Seasonality and weather conditions affecting spice and herb production |
4.3.2 Fluctuating prices of raw materials due to supply chain disruptions |
4.3.3 Stringent regulations and quality standards impacting market entry barriers |
5 Grenada Spice and Herb Extracts Market Trends |
6 Grenada Spice and Herb Extracts Market, By Types |
6.1 Grenada Spice and Herb Extracts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Spice and Herb Extracts Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Spice and Herb Extracts Market Revenues & Volume, By Essential Oils, 2021 - 2031F |
6.1.4 Grenada Spice and Herb Extracts Market Revenues & Volume, By Oleoresins, 2021 - 2031F |
6.1.5 Grenada Spice and Herb Extracts Market Revenues & Volume, By Distillates, 2021 - 2031F |
6.1.6 Grenada Spice and Herb Extracts Market Revenues & Volume, By Encapsulated Extracts, 2021 - 2031F |
6.2 Grenada Spice and Herb Extracts Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Grenada Spice and Herb Extracts Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.2.3 Grenada Spice and Herb Extracts Market Revenues & Volume, By Powder, 2021 - 2031F |
6.2.4 Grenada Spice and Herb Extracts Market Revenues & Volume, By Paste, 2021 - 2031F |
6.2.5 Grenada Spice and Herb Extracts Market Revenues & Volume, By Granules, 2021 - 2031F |
6.3 Grenada Spice and Herb Extracts Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Spice and Herb Extracts Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.3.3 Grenada Spice and Herb Extracts Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.4 Grenada Spice and Herb Extracts Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3.5 Grenada Spice and Herb Extracts Market Revenues & Volume, By Dietary Supplements, 2021 - 2031F |
6.4 Grenada Spice and Herb Extracts Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Spice and Herb Extracts Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.4.3 Grenada Spice and Herb Extracts Market Revenues & Volume, By Nutraceuticals, 2021 - 2031F |
6.4.4 Grenada Spice and Herb Extracts Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.4.5 Grenada Spice and Herb Extracts Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
7 Grenada Spice and Herb Extracts Market Import-Export Trade Statistics |
7.1 Grenada Spice and Herb Extracts Market Export to Major Countries |
7.2 Grenada Spice and Herb Extracts Market Imports from Major Countries |
8 Grenada Spice and Herb Extracts Market Key Performance Indicators |
8.1 Consumer engagement and satisfaction levels with grenada spice and herb extracts |
8.2 Number of new product launches and innovations in the market |
8.3 Market penetration in new geographical regions or distribution channels |
9 Grenada Spice and Herb Extracts Market - Opportunity Assessment |
9.1 Grenada Spice and Herb Extracts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Spice and Herb Extracts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Grenada Spice and Herb Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Spice and Herb Extracts Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Spice and Herb Extracts Market - Competitive Landscape |
10.1 Grenada Spice and Herb Extracts Market Revenue Share, By Companies, 2024 |
10.2 Grenada Spice and Herb Extracts 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.
To discover high-growth global markets and optimize your business strategy:
Click Here