| Product Code: ETC5343181 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada`s vetch import market continued to showcase high concentration, with top exporting countries being the USA, Areas, nes, Barbados, and Canada. Despite a strong compound annual growth rate (CAGR) of 10.81% from 2020 to 2024, there was a notable decline in growth from 2023 to 2024, with a negative growth rate of -19.45%. This fluctuation highlights the dynamic nature of the vetch import market in Grenada and suggests potential shifts in supply and demand factors influencing the industry.
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 Vetch Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vetch Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vetch Market - Industry Life Cycle |
3.4 Grenada Vetch Market - Porter's Five Forces |
3.5 Grenada Vetch Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Grenada Vetch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Vetch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the nutritional benefits of grenada vetch |
4.2.2 Increasing demand for plant-based protein sources |
4.2.3 Rise in vegan and vegetarian populations seeking alternative protein options |
4.3 Market Restraints |
4.3.1 Seasonal variations affecting grenada vetch production |
4.3.2 Price volatility of vetch crops due to external factors like weather conditions |
4.3.3 Limited availability of grenada vetch in certain regions |
5 Grenada Vetch Market Trends |
6 Grenada Vetch Market Segmentations |
6.1 Grenada Vetch Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vetch Market Revenues & Volume, By Online, 2021-2031F |
6.1.3 Grenada Vetch Market Revenues & Volume, By Offline, 2021-2031F |
6.2 Grenada Vetch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vetch Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Vetch Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.2.4 Grenada Vetch Market Revenues & Volume, By Households, 2021-2031F |
6.2.5 Grenada Vetch Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Vetch Market Import-Export Trade Statistics |
7.1 Grenada Vetch Market Export to Major Countries |
7.2 Grenada Vetch Market Imports from Major Countries |
8 Grenada Vetch Market Key Performance Indicators |
8.1 Average selling price of grenada vetch |
8.2 Percentage of agricultural land allocated for grenada vetch cultivation |
8.3 Number of new product launches incorporating grenada vetch |
8.4 Consumer awareness levels about grenada vetch benefits |
9 Grenada Vetch Market - Opportunity Assessment |
9.1 Grenada Vetch Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Grenada Vetch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Vetch Market - Competitive Landscape |
10.1 Grenada Vetch Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vetch 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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