| Product Code: ETC7381422 | 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 |
The Grenada spirulina extract market continues to thrive in 2024, with the top countries exporting being the USA, UK, Barbados, Trinidad and Tobago, and Turkey. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 26.23% from 2020 to 2024 highlights the increasing demand for spirulina extract. Furthermore, the growth rate of 23.06% from 2023 to 2024 suggests sustained momentum in the market. Grenada`s import shipments of spirulina extract are expected to remain robust, driven by consumer interest in health and wellness products.
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 Spirulina Extract Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Spirulina Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Spirulina Extract Market - Industry Life Cycle |
3.4 Grenada Spirulina Extract Market - Porter's Five Forces |
3.5 Grenada Spirulina Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Spirulina Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Spirulina Extract Market Trends |
6 Grenada Spirulina Extract Market, By Types |
6.1 Grenada Spirulina Extract Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Spirulina Extract Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Spirulina Extract Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.1.4 Grenada Spirulina Extract Market Revenues & Volume, By Food, 2021- 2031F |
6.1.5 Grenada Spirulina Extract Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.1.6 Grenada Spirulina Extract Market Revenues & Volume, By Feed, 2021- 2031F |
6.1.7 Grenada Spirulina Extract Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Spirulina Extract Market Import-Export Trade Statistics |
7.1 Grenada Spirulina Extract Market Export to Major Countries |
7.2 Grenada Spirulina Extract Market Imports from Major Countries |
8 Grenada Spirulina Extract Market Key Performance Indicators |
9 Grenada Spirulina Extract Market - Opportunity Assessment |
9.1 Grenada Spirulina Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Spirulina Extract Market - Competitive Landscape |
10.1 Grenada Spirulina Extract Market Revenue Share, By Companies, 2024 |
10.2 Grenada Spirulina Extract 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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