| Product Code: ETC5798953 | 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 |
The Grenada sugar substitutes import market saw significant growth in 2024, with top exporters being the USA, Jamaica, UK, Trinidad and Tobago, and Netherlands. The market concentration, as measured by the HHI, reached very high levels in 2024, indicating a strong dominance by key suppliers. With a notable compound annual growth rate (CAGR) of 13.09% from 2020 to 2024, and a growth rate of 11.15% from 2023 to 2024, the market is poised for further expansion and competition among leading exporting countries.
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 Sugar Substitutes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sugar Substitutes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sugar Substitutes Market - Industry Life Cycle |
3.4 Grenada Sugar Substitutes Market - Porter's Five Forces |
3.5 Grenada Sugar Substitutes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Sugar Substitutes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Sugar Substitutes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health concerns related to sugar consumption |
4.2.2 Growing prevalence of diabetes and obesity, driving demand for healthier alternatives |
4.2.3 Rising adoption of low-calorie and natural sweeteners in food and beverages industry |
4.3 Market Restraints |
4.3.1 Perception of artificial sweeteners as unhealthy or having negative side effects |
4.3.2 Price sensitivity of consumers towards premium sugar substitute products |
4.3.3 Regulatory challenges and restrictions related to the use of certain sugar substitutes |
5 Grenada Sugar Substitutes Market Trends |
6 Grenada Sugar Substitutes Market Segmentations |
6.1 Grenada Sugar Substitutes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sugar Substitutes Market Revenues & Volume, By High Fructose Syrup, 2021-2031F |
6.1.3 Grenada Sugar Substitutes Market Revenues & Volume, By High-Intensity Sweetener, 2021-2031F |
6.1.4 Grenada Sugar Substitutes Market Revenues & Volume, By Low-Intensity Sweetener, 2021-2031F |
6.2 Grenada Sugar Substitutes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sugar Substitutes Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.3 Grenada Sugar Substitutes Market Revenues & Volume, By Food Products, 2021-2031F |
6.2.4 Grenada Sugar Substitutes Market Revenues & Volume, By Health & Personal Care Products, 2021-2031F |
7 Grenada Sugar Substitutes Market Import-Export Trade Statistics |
7.1 Grenada Sugar Substitutes Market Export to Major Countries |
7.2 Grenada Sugar Substitutes Market Imports from Major Countries |
8 Grenada Sugar Substitutes Market Key Performance Indicators |
8.1 Consumer adoption rate of sugar substitutes in Grenada |
8.2 Number of new product launches featuring sugar substitutes |
8.3 Growth in demand for low-calorie or natural sweeteners in Grenada's food and beverage industry |
9 Grenada Sugar Substitutes Market - Opportunity Assessment |
9.1 Grenada Sugar Substitutes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Sugar Substitutes Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Sugar Substitutes Market - Competitive Landscape |
10.1 Grenada Sugar Substitutes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sugar Substitutes 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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