| Product Code: ETC7383243 | 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 |
Grenada`s vegetable shortening import market continues to see a high level of concentration among top exporting countries such as Canada, USA, China, UK, and Metropolitan France in 2024. Despite a significant negative compound annual growth rate (CAGR) of -40.64% from 2020 to 2024, there was a notable growth spurt of 33.35% from 2023 to 2024. This dynamic shift in growth rates indicates potential changes in market demand and supply trends for vegetable shortening imports in Grenada.
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 Shortening Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vegetable Shortening Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vegetable Shortening Market - Industry Life Cycle |
3.4 Grenada Vegetable Shortening Market - Porter's Five Forces |
3.5 Grenada Vegetable Shortening Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Grenada Vegetable Shortening Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Vegetable Shortening Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of vegetable shortening |
4.2.2 Growing trend towards home baking and cooking |
4.2.3 Rise in disposable income leading to higher spending on premium food products |
4.3 Market Restraints |
4.3.1 Competition from other types of fats and oils in the market |
4.3.2 Fluctuating prices of raw materials such as vegetable oils |
4.3.3 Changing consumer preferences towards healthier alternatives |
5 Grenada Vegetable Shortening Market Trends |
6 Grenada Vegetable Shortening Market, By Types |
6.1 Grenada Vegetable Shortening Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vegetable Shortening Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Grenada Vegetable Shortening Market Revenues & Volume, By Dry, 2021- 2031F |
6.1.4 Grenada Vegetable Shortening Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Grenada Vegetable Shortening Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vegetable Shortening Market Revenues & Volume, By Bakery and Confectionery, 2021- 2031F |
6.2.3 Grenada Vegetable Shortening Market Revenues & Volume, By Sweet and Savory Snacks, 2021- 2031F |
6.2.4 Grenada Vegetable Shortening Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Vegetable Shortening Market Import-Export Trade Statistics |
7.1 Grenada Vegetable Shortening Market Export to Major Countries |
7.2 Grenada Vegetable Shortening Market Imports from Major Countries |
8 Grenada Vegetable Shortening Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms promoting vegetable shortening recipes |
8.2 Number of new product launches and innovations in the vegetable shortening market |
8.3 Growth in the number of households using vegetable shortening in their cooking and baking recipes |
9 Grenada Vegetable Shortening Market - Opportunity Assessment |
9.1 Grenada Vegetable Shortening Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Grenada Vegetable Shortening Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Vegetable Shortening Market - Competitive Landscape |
10.1 Grenada Vegetable Shortening Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vegetable Shortening 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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