| Product Code: ETC5330413 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import of Vitamin D saw significant growth in 2024, with top exporting countries including the UK, USA, Barbados, Trinidad and Tobago, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these key players. The impressive Compound Annual Growth Rate (CAGR) of 30.77% from 2020 to 2024 reflects a rapidly expanding market. Moreover, the notable growth rate of 88.17% from 2023 to 2024 highlights the increasing demand for Vitamin D in Grenada, presenting opportunities for further market expansion in the coming years.
The Vitamin D market in Grenada is growing as more people recognize the importance of Vitamin D for bone health, immune function, and overall wellness. Vitamin D deficiency is common in regions with limited sun exposure, and Grenadas tropical climate, combined with lifestyle factors, means that some segments of the population may be at risk of deficiency. The market for Vitamin D supplements and fortified foods is expected to grow as people seek to address this deficiency. In particular, Vitamin D-enriched milk, juices, and cereals are becoming more common. As awareness of the health benefits of Vitamin D spreads, the market will likely continue to expand, particularly among older adults, pregnant women, and people with limited outdoor activity.
The Vitamin D market in Grenada is driven by rising awareness of the vitamin`s essential role in bone health, immune function, and overall well-being. The importance of maintaining adequate Vitamin D levels has gained significant attention due to concerns over bone diseases like osteoporosis and the growing incidence of immune-related conditions. Limited sun exposure, particularly in urban areas of Grenada, has made Vitamin D supplementation increasingly necessary for many individuals. As healthcare professionals emphasize the importance of maintaining optimal Vitamin D levels, the market for supplements and fortified foods continues to expand in Grenada, offering greater accessibility to this essential nutrient.
The Vitamin D market in Grenada faces challenges related to the cost and availability of Vitamin D supplements, which are often imported and priced higher due to shipping and logistics costs. Many individuals in Grenada are at risk of Vitamin D deficiency due to limited sunlight exposure, especially during certain times of the year. However, the demand for Vitamin D supplements remains low, primarily because of the lack of public education on the importance of maintaining adequate Vitamin D levels for bone health and immunity. Additionally, there is insufficient regulatory oversight regarding the labeling and safety of Vitamin D products, which can cause consumer confusion and uncertainty.
The vitamin D market in Grenada is seeing growth due to an increased understanding of its role in bone health and immune system support. With the tropical climate, sunlight exposure is generally high, but awareness campaigns about vitamin Ds importance are helping to drive the consumption of supplements. The Grenadian government has various health initiatives focused on improving nutrition and combating vitamin deficiencies. Policies that promote the fortification of food products with essential nutrients, including vitamin D, and encourage supplementation will further support the growth of the vitamin D market in the country.
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 Vitamin D Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vitamin D Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vitamin D Market - Industry Life Cycle |
3.4 Grenada Vitamin D Market - Porter's Five Forces |
3.5 Grenada Vitamin D Market Revenues & Volume Share, By Analog, 2021 & 2031F |
3.6 Grenada Vitamin D Market Revenues & Volume Share, By Iu Strength, 2021 & 2031F |
3.7 Grenada Vitamin D Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Grenada Vitamin D Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Vitamin D Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Vitamin D Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of Vitamin D |
4.2.2 Growing demand for fortified food and beverages |
4.2.3 Rising prevalence of Vitamin D deficiency in the population |
4.3 Market Restraints |
4.3.1 Regulatory challenges related to health claims and labeling of Vitamin D products |
4.3.2 Competitive market landscape with a variety of Vitamin D supplements available |
5 Grenada Vitamin D Market Trends |
6 Grenada Vitamin D Market Segmentations |
6.1 Grenada Vitamin D Market, By Analog |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vitamin D Market Revenues & Volume, By Vitamin D3, 2021-2031F |
6.1.3 Grenada Vitamin D Market Revenues & Volume, By Vitamin D2, 2021-2031F |
6.2 Grenada Vitamin D Market, By Iu Strength |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vitamin D Market Revenues & Volume, By 500,000 IU, 2021-2031F |
6.2.3 Grenada Vitamin D Market Revenues & Volume, By 100,000 IU, 2021-2031F |
6.2.4 Grenada Vitamin D Market Revenues & Volume, By 40 Miu, 2021-2031F |
6.2.5 Grenada Vitamin D Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Vitamin D Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Grenada Vitamin D Market Revenues & Volume, By Dry, 2021-2031F |
6.3.3 Grenada Vitamin D Market Revenues & Volume, By Liquid, 2021-2031F |
6.4 Grenada Vitamin D Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Vitamin D Market Revenues & Volume, By Feed & Pet Food, 2021-2031F |
6.4.3 Grenada Vitamin D Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.4.4 Grenada Vitamin D Market Revenues & Volume, By Pet Food, 2021-2031F |
6.4.5 Grenada Vitamin D Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.6 Grenada Vitamin D Market Revenues & Volume, By Functional Food & Beverages, 2021-2031F |
6.4.7 Grenada Vitamin D Market Revenues & Volume, By Personal Care, 2021-2031F |
6.5 Grenada Vitamin D Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Vitamin D Market Revenues & Volume, By Adults, 2021-2031F |
6.5.3 Grenada Vitamin D Market Revenues & Volume, By Pregnant Women, 2021-2031F |
6.5.4 Grenada Vitamin D Market Revenues & Volume, By Children, 2021-2031F |
7 Grenada Vitamin D Market Import-Export Trade Statistics |
7.1 Grenada Vitamin D Market Export to Major Countries |
7.2 Grenada Vitamin D Market Imports from Major Countries |
8 Grenada Vitamin D Market Key Performance Indicators |
8.1 Number of new product launches in the Grenada Vitamin D market |
8.2 Percentage increase in Vitamin D testing and deficiency diagnosis |
8.3 Adoption rate of fortified food and beverages containing Vitamin D |
9 Grenada Vitamin D Market - Opportunity Assessment |
9.1 Grenada Vitamin D Market Opportunity Assessment, By Analog, 2021 & 2031F |
9.2 Grenada Vitamin D Market Opportunity Assessment, By Iu Strength, 2021 & 2031F |
9.3 Grenada Vitamin D Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Grenada Vitamin D Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Vitamin D Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Vitamin D Market - Competitive Landscape |
10.1 Grenada Vitamin D Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vitamin D Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |