| Product Code: ETC5002834 | 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 |
In 2024, Grenada continued to heavily rely on imports of vegetable extracts, with the top exporting countries being the USA, Turkey, Trinidad and Tobago, UK, and Saint Lucia. Despite a notable decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained positive at 6.82%. The high Herfindahl-Hirschman Index (HHI) in 2024 indicates a concentrated market for vegetable extracts imports in Grenada, suggesting potential opportunities for market players to explore in this sector.
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 Vegetable Extracts Market Overview |
3.1 Grenada Country Macro Economic Indicators | 3.2 Grenada Vegetable Extracts Market Revenues & Volume, 2021 & 2031F | 3.3 Grenada Vegetable Extracts Market - Industry Life Cycle | 3.4 Grenada Vegetable Extracts Market - Porter's Five Forces | 3.5 Grenada Vegetable Extracts Market Revenues & Volume Share, By Form, 2021 & 2031F | 3.6 Grenada Vegetable Extracts Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 3.7 Grenada Vegetable Extracts Market Revenues & Volume Share, By Extraction Method, 2021 & 2031F | 3.8 Grenada Vegetable Extracts Market Revenues & Volume Share, By End Use, 2021 & 2031F | 4 Grenada Vegetable Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints | 5 Grenada Vegetable Extracts Market Trends | 6 Grenada Vegetable Extracts Market, By Types | 6.1 Grenada Vegetable Extracts Market, By Form |
6.1.1 Overview and Analysis | 6.1.2 Grenada Vegetable Extracts Market Revenues & Volume, By Form, 2021-2031F | 6.1.3 Grenada Vegetable Extracts Market Revenues & Volume, By Dehydrated, 2021-2031F | 6.1.4 Grenada Vegetable Extracts Market Revenues & Volume, By Fluids & Paste, 2021-2031F | 6.2 Grenada Vegetable Extracts Market, By Product Type |
6.2.1 Overview and Analysis | 6.2.2 Grenada Vegetable Extracts Market Revenues & Volume, By Carrot, 2021-2031F | 6.2.3 Grenada Vegetable Extracts Market Revenues & Volume, By Onions, 2021-2031F | 6.2.4 Grenada Vegetable Extracts Market Revenues & Volume, By Potatoes, 2021-2031F | 6.2.5 Grenada Vegetable Extracts Market Revenues & Volume, By Broccoli, 2021-2031F | 6.2.6 Grenada Vegetable Extracts Market Revenues & Volume, By Beans, 2021-2031F | 6.2.7 Grenada Vegetable Extracts Market Revenues & Volume, By Peas, 2021-2031F | 6.2.8 Grenada Vegetable Extracts Market Revenues & Volume, By Other Types, 2021-2031F | 6.2.9 Grenada Vegetable Extracts Market Revenues & Volume, By Other Types, 2021-2031F | 6.3 Grenada Vegetable Extracts Market, By Extraction Method |
6.3.1 Overview and Analysis | 6.3.2 Grenada Vegetable Extracts Market Revenues & Volume, By Air Drying, 2021-2031F | 6.3.3 Grenada Vegetable Extracts Market Revenues & Volume, By Spray Drying, 2021-2031F | 6.3.4 Grenada Vegetable Extracts Market Revenues & Volume, By Freeze Drying, 2021-2031F | 6.3.5 Grenada Vegetable Extracts Market Revenues & Volume, By Drum Drying, 2021-2031F | 6.3.6 Grenada Vegetable Extracts Market Revenues & Volume, By Vacuum Drying, 2021-2031F | 6.4 Grenada Vegetable Extracts Market, By End Use |
6.4.1 Overview and Analysis | 6.4.2 Grenada Vegetable Extracts Market Revenues & Volume, By Food Manufacturers, 2021-2031F | 6.4.3 Grenada Vegetable Extracts Market Revenues & Volume, By Foodservice Industry, 2021-2031F | 6.4.4 Grenada Vegetable Extracts Market Revenues & Volume, By Retail, 2021-2031F | 7 Grenada Vegetable Extracts Market Import-Export Trade Statistics | 7.1 Grenada Vegetable Extracts Market Export to Major Countries | 7.2 Grenada Vegetable Extracts Market Imports from Major Countries | 8 Grenada Vegetable Extracts Market Key Performance Indicators | 9 Grenada Vegetable Extracts Market - Opportunity Assessment | 9.1 Grenada Vegetable Extracts Market Opportunity Assessment, By Form, 2021 & 2031F | 9.2 Grenada Vegetable Extracts Market Opportunity Assessment, By Product Type, 2021 & 2031F | 9.3 Grenada Vegetable Extracts Market Opportunity Assessment, By Extraction Method, 2021 & 2031F | 9.4 Grenada Vegetable Extracts Market Opportunity Assessment, By End Use, 2021 & 2031F | 10 Grenada Vegetable Extracts Market - Competitive Landscape | 10.1 Grenada Vegetable Extracts Market Revenue Share, By Companies, 2024 | 10.2 Grenada Vegetable 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.
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