| Product Code: ETC7372557 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of infant formula ingredients, with top exporting countries being Puerto Rico, UK, USA, Dominican Republic, and Trinidad and Tobago. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 11.45% from 2020 to 2024 demonstrates a promising trajectory. The significant growth rate of 49.43% from 2023 to 2024 suggests a surge in demand or supply chain improvements. Grenada`s infant formula industry is experiencing dynamic changes and opportunities for further expansion.
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 Infant Formula Ingredients Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Infant Formula Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Infant Formula Ingredients Market - Industry Life Cycle |
3.4 Grenada Infant Formula Ingredients Market - Porter's Five Forces |
3.5 Grenada Infant Formula Ingredients Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Grenada Infant Formula Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Grenada Infant Formula Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Grenada Infant Formula Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Infant Formula Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Infant Formula Ingredients Market Trends |
6 Grenada Infant Formula Ingredients Market, By Types |
6.1 Grenada Infant Formula Ingredients Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Grenada Infant Formula Ingredients Market Revenues & Volume, By Ingredient, 2021- 2031F |
6.1.3 Grenada Infant Formula Ingredients Market Revenues & Volume, By Carbohydrates, 2021- 2031F |
6.1.4 Grenada Infant Formula Ingredients Market Revenues & Volume, By Fats & Oils, 2021- 2031F |
6.1.5 Grenada Infant Formula Ingredients Market Revenues & Volume, By Proteins, 2021- 2031F |
6.1.6 Grenada Infant Formula Ingredients Market Revenues & Volume, By Vitamins, 2021- 2031F |
6.1.7 Grenada Infant Formula Ingredients Market Revenues & Volume, By Minerals, 2021- 2031F |
6.1.8 Grenada Infant Formula Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Infant Formula Ingredients Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Infant Formula Ingredients Market Revenues & Volume, By Cow Milk, 2021- 2031F |
6.2.3 Grenada Infant Formula Ingredients Market Revenues & Volume, By Soy, 2021- 2031F |
6.2.4 Grenada Infant Formula Ingredients Market Revenues & Volume, By Protein Hydrolysates, 2021- 2031F |
6.2.5 Grenada Infant Formula Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Infant Formula Ingredients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Grenada Infant Formula Ingredients Market Revenues & Volume, By Dry, 2021- 2031F |
6.3.3 Grenada Infant Formula Ingredients Market Revenues & Volume, By Liquid, 2021- 2031F |
6.4 Grenada Infant Formula Ingredients Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Infant Formula Ingredients Market Revenues & Volume, By Growing-Up Milk Formula (Infants over 12 months), 2021- 2031F |
6.4.3 Grenada Infant Formula Ingredients Market Revenues & Volume, By Standard Infant Formula (06-month-old infants), 2021- 2031F |
6.4.4 Grenada Infant Formula Ingredients Market Revenues & Volume, By Follow-On Formula (612-month-old infants), 2021- 2031F |
6.4.5 Grenada Infant Formula Ingredients Market Revenues & Volume, By Specialty Formula, 2021- 2031F |
7 Grenada Infant Formula Ingredients Market Import-Export Trade Statistics |
7.1 Grenada Infant Formula Ingredients Market Export to Major Countries |
7.2 Grenada Infant Formula Ingredients Market Imports from Major Countries |
8 Grenada Infant Formula Ingredients Market Key Performance Indicators |
9 Grenada Infant Formula Ingredients Market - Opportunity Assessment |
9.1 Grenada Infant Formula Ingredients Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Grenada Infant Formula Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Grenada Infant Formula Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Grenada Infant Formula Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Infant Formula Ingredients Market - Competitive Landscape |
10.1 Grenada Infant Formula Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Grenada Infant Formula Ingredients 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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