| Product Code: ETC7383230 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of vegan snacks to Grenada in 2024 show a promising growth trajectory, with top exporting countries being Costa Rica, Puerto Rico, USA, Barbados, and Jamaica. The market concentration, as measured by HHI, remained very high in 2024, indicating strong competition among exporters. The impressive Compound Annual Growth Rate (CAGR) of 6.8% from 2020 to 2024 demonstrates the increasing demand for vegan snacks in Grenada. Additionally, the notable growth rate of 23.95% from 2023 to 2024 suggests a surge in popularity for these products, making it a lucrative market for both domestic and international suppliers.
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 Vegan Snacks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vegan Snacks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vegan Snacks Market - Industry Life Cycle |
3.4 Grenada Vegan Snacks Market - Porter's Five Forces |
3.5 Grenada Vegan Snacks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Vegan Snacks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Vegan Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health awareness and concerns about the environmental impact of animal agriculture leading to a growing demand for vegan snacks. |
4.2.2 Rise in vegan population and changing consumer preferences towards plant-based diets. |
4.2.3 Expansion of distribution channels and availability of vegan snacks in various retail outlets. |
4.3 Market Restraints |
4.3.1 Limited availability of vegan snack options in Grenada leading to challenges in product variety and accessibility. |
4.3.2 Higher production costs associated with sourcing quality vegan ingredients and maintaining product standards. |
4.3.3 Limited consumer awareness and education about the benefits of vegan snacks, leading to lower market penetration. |
5 Grenada Vegan Snacks Market Trends |
6 Grenada Vegan Snacks Market, By Types |
6.1 Grenada Vegan Snacks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vegan Snacks Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Vegan Snacks Market Revenues & Volume, By Nuts & Seeds, 2021- 2031F |
6.1.4 Grenada Vegan Snacks Market Revenues & Volume, By Bakery, 2021- 2031F |
6.1.5 Grenada Vegan Snacks Market Revenues & Volume, By Savory, 2021- 2031F |
6.1.6 Grenada Vegan Snacks Market Revenues & Volume, By Confectionery, 2021- 2031F |
6.1.7 Grenada Vegan Snacks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Vegan Snacks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vegan Snacks Market Revenues & Volume, By Offline, 2021- 2031F |
6.2.3 Grenada Vegan Snacks Market Revenues & Volume, By Online, 2021- 2031F |
7 Grenada Vegan Snacks Market Import-Export Trade Statistics |
7.1 Grenada Vegan Snacks Market Export to Major Countries |
7.2 Grenada Vegan Snacks Market Imports from Major Countries |
8 Grenada Vegan Snacks Market Key Performance Indicators |
8.1 Number of new vegan snack product launches in Grenada. |
8.2 Growth in the number of vegan snack retailers and distribution points. |
8.3 Increase in social media engagement and online presence of Grenada-based vegan snack brands. |
8.4 Percentage of consumers willing to switch to vegan snacks based on surveys or market research. |
8.5 Growth in the number of vegan snack events, workshops, or promotions in Grenada. |
9 Grenada Vegan Snacks Market - Opportunity Assessment |
9.1 Grenada Vegan Snacks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Vegan Snacks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Vegan Snacks Market - Competitive Landscape |
10.1 Grenada Vegan Snacks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vegan Snacks 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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