| Product Code: ETC7382598 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on tomato paste imports, with top exporting countries being the USA, Saint Lucia, Trinidad and Tobago, Puerto Rico, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market among these suppliers. The impressive compound annual growth rate (CAGR) of 27.23% from 2020 to 2024 demonstrates strong demand for tomato paste in Grenada. Furthermore, the growth rate of 21.84% from 2023 to 2024 suggests a continuation of this upward trend in import shipments, highlighting the importance of tomato paste in Grenada`s market.
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 Tomato Paste Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Tomato Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Tomato Paste Market - Industry Life Cycle |
3.4 Grenada Tomato Paste Market - Porter's Five Forces |
3.5 Grenada Tomato Paste Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Tomato Paste Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Tomato Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of using tomato paste in cooking |
4.2.2 Growing demand for convenience food products in Grenada |
4.2.3 Rise in disposable income leading to higher spending on food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in tomato paste production |
4.3.2 Intense competition from other condiment products in the market |
4.3.3 Seasonal variation in tomato production affecting supply and pricing |
5 Grenada Tomato Paste Market Trends |
6 Grenada Tomato Paste Market, By Types |
6.1 Grenada Tomato Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Tomato Paste Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Tomato Paste Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Grenada Tomato Paste Market Revenues & Volume, By Composite, 2021- 2031F |
6.2 Grenada Tomato Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Tomato Paste Market Revenues & Volume, By Restaurant, 2021- 2031F |
6.2.3 Grenada Tomato Paste Market Revenues & Volume, By Household, 2021- 2031F |
6.2.4 Grenada Tomato Paste Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Tomato Paste Market Import-Export Trade Statistics |
7.1 Grenada Tomato Paste Market Export to Major Countries |
7.2 Grenada Tomato Paste Market Imports from Major Countries |
8 Grenada Tomato Paste Market Key Performance Indicators |
8.1 Percentage increase in online searches for tomato paste recipes in Grenada |
8.2 Number of new product launches and innovations in the tomato paste market |
8.3 Growth in the number of households using tomato paste as a staple ingredient in cooking |
9 Grenada Tomato Paste Market - Opportunity Assessment |
9.1 Grenada Tomato Paste Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Tomato Paste Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Tomato Paste Market - Competitive Landscape |
10.1 Grenada Tomato Paste Market Revenue Share, By Companies, 2024 |
10.2 Grenada Tomato Paste 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