| Product Code: ETC4739095 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of Grenada tea extracts in 2024 show a notable concentration among top exporting countries, with the USA, Turkey, UK, Saint Lucia, and India leading the way. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry has seen strong growth with a CAGR of 13.43% from 2020-2024. However, there was a significant decline in growth rate from 2023-2024 at -48.74%, signaling potential shifts in market dynamics. Keep an eye on evolving trends and competition in this sector for the coming years.
In the North America region, the Tea extracts market in Grenada is projected to expand at a stable growth rate of 1.53% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Tea extracts Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Tea extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Tea extracts Market - Industry Life Cycle |
3.4 Grenada Tea extracts Market - Porter's Five Forces |
3.5 Grenada Tea extracts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Tea extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Tea extracts Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.8 Grenada Tea extracts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Grenada Tea extracts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Tea extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Tea extracts Market Trends |
6 Grenada Tea extracts Market Segmentations |
6.1 Grenada Tea extracts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Tea extracts Market Revenues & Volume, By Green tea, 2021-2031F |
6.1.3 Grenada Tea extracts Market Revenues & Volume, By Black tea, 2021-2031F |
6.1.4 Grenada Tea extracts Market Revenues & Volume, By Oolong tea, 2021-2031F |
6.1.5 Grenada Tea extracts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Tea extracts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Tea extracts Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Grenada Tea extracts Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.4 Grenada Tea extracts Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Grenada Tea extracts Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3 Grenada Tea extracts Market, By Category |
6.3.1 Overview and Analysis |
6.3.2 Grenada Tea extracts Market Revenues & Volume, By Organic, 2021-2031F |
6.3.3 Grenada Tea extracts Market Revenues & Volume, By Conventional, 2021-2031F |
6.4 Grenada Tea extracts Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Grenada Tea extracts Market Revenues & Volume, By Liquid, 2021-2031F |
6.4.3 Grenada Tea extracts Market Revenues & Volume, By Powder, 2021-2031F |
6.5 Grenada Tea extracts Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Tea extracts Market Revenues & Volume, By Store Based, 2021-2031F |
6.5.3 Grenada Tea extracts Market Revenues & Volume, By Non-Store Based, 2021-2031F |
7 Grenada Tea extracts Market Import-Export Trade Statistics |
7.1 Grenada Tea extracts Market Export to Major Countries |
7.2 Grenada Tea extracts Market Imports from Major Countries |
8 Grenada Tea extracts Market Key Performance Indicators |
9 Grenada Tea extracts Market - Opportunity Assessment |
9.1 Grenada Tea extracts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Tea extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Tea extracts Market Opportunity Assessment, By Category, 2021 & 2031F |
9.4 Grenada Tea extracts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Grenada Tea extracts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Tea extracts Market - Competitive Landscape |
10.1 Grenada Tea extracts Market Revenue Share, By Companies, 2024 |
10.2 Grenada Tea 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