| Product Code: ETC7366078 | 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 |
Grenada`s canned soup import market in 2024 saw significant contributions from top exporting countries such as Trinidad and Tobago, USA, Jamaica, UK, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained positive at 3.05%. Grenada`s reliance on these key exporting countries highlights the importance of monitoring market trends and potential diversification strategies for sustained growth in the canned soup import sector.
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 Canned Soup Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Canned Soup Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Canned Soup Market - Industry Life Cycle |
3.4 Grenada Canned Soup Market - Porter's Five Forces |
3.5 Grenada Canned Soup Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Canned Soup Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Grenada Canned Soup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Canned Soup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenient and ready-to-eat meal options |
4.2.2 Growing awareness about the benefits of consuming soups as a healthy meal choice |
4.2.3 Rising demand for diverse and exotic flavors in the food industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of key ingredients such as vegetables, meats, and spices |
4.3.2 Intense competition from other convenient meal options like frozen foods and instant noodles |
5 Grenada Canned Soup Market Trends |
6 Grenada Canned Soup Market, By Types |
6.1 Grenada Canned Soup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Canned Soup Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Canned Soup Market Revenues & Volume, By Condensed, 2021- 2031F |
6.1.4 Grenada Canned Soup Market Revenues & Volume, By Ready-to-Eat, 2021- 2031F |
6.2 Grenada Canned Soup Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Grenada Canned Soup Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2.3 Grenada Canned Soup Market Revenues & Volume, By Organic, 2021- 2031F |
6.3 Grenada Canned Soup Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Canned Soup Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.3 Grenada Canned Soup Market Revenues & Volume, By Convenience/Grocery Stores, 2021- 2031F |
6.3.4 Grenada Canned Soup Market Revenues & Volume, By Food Specialty Stores, 2021- 2031F |
6.3.5 Grenada Canned Soup Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.3.6 Grenada Canned Soup Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Grenada Canned Soup Market Import-Export Trade Statistics |
7.1 Grenada Canned Soup Market Export to Major Countries |
7.2 Grenada Canned Soup Market Imports from Major Countries |
8 Grenada Canned Soup Market Key Performance Indicators |
8.1 Customer loyalty and repeat purchase rate |
8.2 Consumer engagement on social media platforms |
8.3 Number of new product launches with innovative flavors or packaging |
8.4 Percentage of market penetration in new demographics or regions |
9 Grenada Canned Soup Market - Opportunity Assessment |
9.1 Grenada Canned Soup Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Canned Soup Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Grenada Canned Soup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Canned Soup Market - Competitive Landscape |
10.1 Grenada Canned Soup Market Revenue Share, By Companies, 2024 |
10.2 Grenada Canned Soup 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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