| Product Code: ETC5330812 | 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 continued to see strong growth in its vitamin test import shipments, with top exporting countries being the USA, Iceland, Canada, Puerto Rico, and Trinidad and Tobago. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 14.38%, with a notable growth rate of 6.47% from 2023 to 2024. This data suggests a promising outlook for the market in Grenada, driven by robust import activity and a diverse range of exporting countries.
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 Test Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vitamin Test Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vitamin Test Market - Industry Life Cycle |
3.4 Grenada Vitamin Test Market - Porter's Five Forces |
3.5 Grenada Vitamin Test Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Vitamin Test Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Vitamin Test Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Vitamin Test Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of vitamin testing for overall health and well-being |
4.2.2 Growing focus on preventive healthcare measures |
4.2.3 Rise in disposable income leading to higher spending on healthcare services |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations around vitamin testing procedures |
4.3.2 Limited access to vitamin testing services in rural or underdeveloped areas |
4.3.3 High cost of vitamin testing kits and services |
5 Grenada Vitamin Test Market Trends |
6 Grenada Vitamin Test Market Segmentations |
6.1 Grenada Vitamin Test Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vitamin Test Market Revenues & Volume, By Vitamin D, 2021-2031F |
6.1.3 Grenada Vitamin Test Market Revenues & Volume, By Vitamin B12, 2021-2031F |
6.1.4 Grenada Vitamin Test Market Revenues & Volume, By Vitamin A, 2021-2031F |
6.1.5 Grenada Vitamin Test Market Revenues & Volume, By Folic Acid, 2021-2031F |
6.1.6 Grenada Vitamin Test Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Vitamin Test Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vitamin Test Market Revenues & Volume, By HPLC, 2021-2031F |
6.2.3 Grenada Vitamin Test Market Revenues & Volume, By Liquid Chromatography, 2021-2031F |
6.2.4 Grenada Vitamin Test Market Revenues & Volume, By ELSIA, 2021-2031F |
6.2.5 Grenada Vitamin Test Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Vitamin Test Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Vitamin Test Market Revenues & Volume, By Hospitals & Clinics, 2021-2031F |
6.3.3 Grenada Vitamin Test Market Revenues & Volume, By Laboratories & Diagnostic Centers, 2021-2031F |
6.3.4 Grenada Vitamin Test Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Vitamin Test Market Import-Export Trade Statistics |
7.1 Grenada Vitamin Test Market Export to Major Countries |
7.2 Grenada Vitamin Test Market Imports from Major Countries |
8 Grenada Vitamin Test Market Key Performance Indicators |
8.1 Rate of adoption of vitamin testing services among target demographic |
8.2 Percentage increase in the number of healthcare facilities offering vitamin testing |
8.3 Average turnaround time for vitamin test results |
9 Grenada Vitamin Test Market - Opportunity Assessment |
9.1 Grenada Vitamin Test Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Vitamin Test Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Vitamin Test Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Vitamin Test Market - Competitive Landscape |
10.1 Grenada Vitamin Test Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vitamin Test 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.
To discover high-growth global markets and optimize your business strategy:
Click Here