| Product Code: ETC7368033 | 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 crocin import market continued to thrive in 2024, with top exporting countries including Barbados, USA, Jamaica, UK, and Turkey. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a strong dominance by a few key players. The impressive Compound Annual Growth Rate (CAGR) of 19.59% over the period 2020-2024 underscores the market`s robust expansion. Moreover, the growth rate of 4.2% from 2023 to 2024 highlights the sustained momentum of crocin imports into Grenada, signaling opportunities for further market development and strategic partnerships.
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 Crocin Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Crocin Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Crocin Market - Industry Life Cycle |
3.4 Grenada Crocin Market - Porter's Five Forces |
3.5 Grenada Crocin Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 Grenada Crocin Market Revenues & Volume Share, By Indication, 2021 & 2031F |
3.7 Grenada Crocin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Crocin Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Crocin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Crocin Market Trends |
6 Grenada Crocin Market, By Types |
6.1 Grenada Crocin Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Crocin Market Revenues & Volume, By Purity, 2021- 2031F |
6.1.3 Grenada Crocin Market Revenues & Volume, By Purity >98%, 2021- 2031F |
6.1.4 Grenada Crocin Market Revenues & Volume, By Purity <98%, 2021- 2031F |
6.2 Grenada Crocin Market, By Indication |
6.2.1 Overview and Analysis |
6.2.2 Grenada Crocin Market Revenues & Volume, By Pain, 2021- 2031F |
6.2.3 Grenada Crocin Market Revenues & Volume, By Pyrexia (Fever), 2021- 2031F |
6.3 Grenada Crocin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Crocin Market Revenues & Volume, By Food, 2021- 2031F |
6.3.3 Grenada Crocin Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
6.3.4 Grenada Crocin Market Revenues & Volume, By Drug, 2021- 2031F |
6.3.5 Grenada Crocin Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Crocin Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Crocin Market Revenues & Volume, By Hospital Pharmacy, 2021- 2031F |
6.4.3 Grenada Crocin Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
6.4.4 Grenada Crocin Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Crocin Market Import-Export Trade Statistics |
7.1 Grenada Crocin Market Export to Major Countries |
7.2 Grenada Crocin Market Imports from Major Countries |
8 Grenada Crocin Market Key Performance Indicators |
9 Grenada Crocin Market - Opportunity Assessment |
9.1 Grenada Crocin Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 Grenada Crocin Market Opportunity Assessment, By Indication, 2021 & 2031F |
9.3 Grenada Crocin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Crocin Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Crocin Market - Competitive Landscape |
10.1 Grenada Crocin Market Revenue Share, By Companies, 2024 |
10.2 Grenada Crocin 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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