| Product Code: ETC7366072 | 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 |
The import shipments of cannabis-based alcoholic beverages to Grenada in 2024 continued to see a significant increase, with top exporting countries including the USA, Panama, Saint Kitts and Nevis, Metropolitan France, and Sint Maarten. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 26.02% from 2020 to 2024 highlights the strong growth potential of this market. The remarkable growth rate of 40.57% from 2023 to 2024 suggests a growing demand for cannabis-infused alcoholic beverages 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 Cannabis-Based Alcoholic Beverages Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cannabis-Based Alcoholic Beverages Market - Industry Life Cycle |
3.4 Grenada Cannabis-Based Alcoholic Beverages Market - Porter's Five Forces |
3.5 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Cannabis-Based Alcoholic Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for unique and innovative alcoholic beverages |
4.2.2 Growing acceptance and legalization of cannabis products |
4.2.3 Rising trend of health-conscious consumption leading to demand for organic and natural ingredients |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the cannabis industry |
4.3.2 Limited consumer awareness and education about cannabis-based alcoholic beverages |
5 Grenada Cannabis-Based Alcoholic Beverages Market Trends |
6 Grenada Cannabis-Based Alcoholic Beverages Market, By Types |
6.1 Grenada Cannabis-Based Alcoholic Beverages Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis-infused Beers, 2021- 2031F |
6.1.4 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis-infused Infused Vodka Cannabis-Infused Gin, 2021- 2031F |
6.1.5 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis-infused Wines, 2021- 2031F |
6.1.6 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis Beverages Component, 2021- 2031F |
6.1.7 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.1.8 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2021- 2031F |
6.2 Grenada Cannabis-Based Alcoholic Beverages Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Households, 2021- 2031F |
6.2.3 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.2.4 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Hotels, 2021- 2031F |
6.2.5 Grenada Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cafes, 2021- 2031F |
7 Grenada Cannabis-Based Alcoholic Beverages Market Import-Export Trade Statistics |
7.1 Grenada Cannabis-Based Alcoholic Beverages Market Export to Major Countries |
7.2 Grenada Cannabis-Based Alcoholic Beverages Market Imports from Major Countries |
8 Grenada Cannabis-Based Alcoholic Beverages Market Key Performance Indicators |
8.1 Number of new product launches in the grenada cannabis-based alcoholic beverages market |
8.2 Percentage increase in consumer awareness and perception of cannabis-based alcoholic beverages |
8.3 Number of partnerships or collaborations between cannabis and alcohol companies in Grenada. |
9 Grenada Cannabis-Based Alcoholic Beverages Market - Opportunity Assessment |
9.1 Grenada Cannabis-Based Alcoholic Beverages Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Cannabis-Based Alcoholic Beverages Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Cannabis-Based Alcoholic Beverages Market - Competitive Landscape |
10.1 Grenada Cannabis-Based Alcoholic Beverages Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cannabis-Based Alcoholic Beverages 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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