| Product Code: ETC7382602 | 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 |
Grenada`s tonic water import market saw significant growth in 2024, with top exporting countries being Trinidad and Tobago, USA, Netherlands, Dominican Republic, and UK. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 14.83%, demonstrating a steady upward trend. Notably, the growth rate spiked at 49.76% from 2023 to 2024, indicating a surge in demand for tonic water in Grenada. This data suggests a thriving market with promising opportunities for tonic water importers.
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 Tonic Water Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Tonic Water Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Tonic Water Market - Industry Life Cycle |
3.4 Grenada Tonic Water Market - Porter's Five Forces |
3.5 Grenada Tonic Water Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Tonic Water Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Tonic Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for premium and craft beverages |
4.2.2 Growing trend of health-conscious consumers seeking low-calorie and natural alternatives to traditional soft drinks |
4.2.3 Rising popularity of gin and tonic cocktails driving demand for quality tonic water |
4.3 Market Restraints |
4.3.1 Intense competition from other mixer options like soda, ginger beer, and flavored sparkling water |
4.3.2 Price sensitivity of consumers towards premium tonic water compared to standard mixers |
5 Grenada Tonic Water Market Trends |
6 Grenada Tonic Water Market, By Types |
6.1 Grenada Tonic Water Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Tonic Water Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Tonic Water Market Revenues & Volume, By Regular Tonic Water, 2021- 2031F |
6.1.4 Grenada Tonic Water Market Revenues & Volume, By Diet Tonic Water, 2021- 2031F |
6.1.5 Grenada Tonic Water Market Revenues & Volume, By Slimline Tonic Water, 2021- 2031F |
6.2 Grenada Tonic Water Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Tonic Water Market Revenues & Volume, By Supermarket, 2021- 2031F |
6.2.3 Grenada Tonic Water Market Revenues & Volume, By Online Retailers, 2021- 2031F |
7 Grenada Tonic Water Market Import-Export Trade Statistics |
7.1 Grenada Tonic Water Market Export to Major Countries |
7.2 Grenada Tonic Water Market Imports from Major Countries |
8 Grenada Tonic Water Market Key Performance Indicators |
8.1 Consumer awareness and perception of grenada tonic water |
8.2 Distribution reach and availability in key markets and channels |
8.3 Customer satisfaction and loyalty towards the brand and product |
8.4 Innovation and introduction of new flavors or variants in response to changing consumer preferences |
8.5 Sustainability practices and initiatives in production and packaging of grenada tonic water. |
9 Grenada Tonic Water Market - Opportunity Assessment |
9.1 Grenada Tonic Water Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Tonic Water Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Tonic Water Market - Competitive Landscape |
10.1 Grenada Tonic Water Market Revenue Share, By Companies, 2024 |
10.2 Grenada Tonic Water 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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