| Product Code: ETC7365976 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of cakes in 2024 continued to be dominated by top exporting countries including Trinidad and Tobago, USA, Jamaica, UK, and Saint Kitts and Nevis. The market showed high concentration levels with a stable Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 11.13%, indicating a growing market. Notably, the growth rate from 2023 to 2024 surged by 25.79%, demonstrating a significant uptick in demand for imported cakes 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 Cakes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cakes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cakes Market - Industry Life Cycle |
3.4 Grenada Cakes Market - Porter's Five Forces |
3.5 Grenada Cakes Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Cakes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Cakes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Cakes Market Trends |
6 Grenada Cakes Market, By Types |
6.1 Grenada Cakes Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cakes Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Cakes Market Revenues & Volume, By Cupcakes, 2021- 2031F |
6.1.4 Grenada Cakes Market Revenues & Volume, By Sponge Cakes, 2021- 2031F |
6.1.5 Grenada Cakes Market Revenues & Volume, By Dessert Cakes, 2021- 2031F |
6.2 Grenada Cakes Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cakes Market Revenues & Volume, By Foodservice, 2021- 2031F |
6.2.3 Grenada Cakes Market Revenues & Volume, By Retail, 2021- 2031F |
6.2.4 Grenada Cakes Market Revenues & Volume, By Hypermarkets & Supermarkets, 2021- 2031F |
6.2.5 Grenada Cakes Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.6 Grenada Cakes Market Revenues & Volume, By Online, 2021- 2031F |
6.2.7 Grenada Cakes Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Cakes Market Import-Export Trade Statistics |
7.1 Grenada Cakes Market Export to Major Countries |
7.2 Grenada Cakes Market Imports from Major Countries |
8 Grenada Cakes Market Key Performance Indicators |
9 Grenada Cakes Market - Opportunity Assessment |
9.1 Grenada Cakes Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Cakes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Cakes Market - Competitive Landscape |
10.1 Grenada Cakes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cakes 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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