| Product Code: ETC4686959 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see a high concentration of jojoba oil import shipments, with top exporting countries being the USA, Trinidad and Tobago, Canada, Italy, and the UK. Despite a significant decline in the Compound Annual Growth Rate (CAGR) from 2020-24 at -23.9%, the growth rate from 2023-24 plummeted even further to -72.15%. This suggests a challenging market environment for jojoba oil imports in Grenada, potentially influenced by various factors such as market saturation or shifting consumer preferences. Additional analysis would be crucial to understand the underlying reasons behind this drastic decline in growth.
The jojoba oil market in Grenada is experiencing growth, driven by the increasing demand for natural oils in cosmetics, personal care, and skincare products. Jojoba oil is prized for its moisturizing and anti-inflammatory properties and is used in a wide range of products such as lotions, shampoos, and lip balms. As consumer preferences shift toward natural and organic ingredients, the demand for jojoba oil in Grenada is expected to rise. The market is also supported by the growing awareness of the benefits of jojoba oil in hair and skin care.
The Jojoba Oil market in Grenada is driven by its expanding use in the personal care and cosmetics industry due to its moisturizing, anti-inflammatory, and antioxidant properties. As consumers increasingly opt for natural and organic skincare products, jojoba oil is gaining popularity for its versatility in addressing various skin concerns, such as acne, dry skin, and hair health. The growing trend towards clean beauty and sustainable sourcing of raw materials is also boosting the demand for jojoba oil. Furthermore, the oil`s applications in the pharmaceutical and industrial sectors for lubrication and skin care products are adding to its market growth.
The Grenada Jojoba Oil market faces challenges primarily from the high cost of production and limited availability of raw materials. Jojoba plants require specific climatic conditions, and their cultivation on a commercial scale is not widespread in the region, making the supply chain vulnerable. Additionally, increasing demand for natural and organic cosmetics, where jojoba oil is a key ingredient, puts pressure on the market to meet quality and sustainability standards. This demand also intensifies competition with other natural oils, requiring producers to innovate and differentiate their products.
Grenada promotes the cultivation of alternative crops to diversify its agricultural sector, indirectly benefiting the jojoba oil market. Policies encouraging organic farming and export-oriented agricultural products create opportunities for jojoba oil producers. Research grants for sustainable farming practices further bolster market potential.
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 Jojoba Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Jojoba Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Jojoba Oil Market - Industry Life Cycle |
3.4 Grenada Jojoba Oil Market - Porter's Five Forces |
3.5 Grenada Jojoba Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Jojoba Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Jojoba Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Jojoba Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Jojoba Oil Market Trends |
6 Grenada Jojoba Oil Market Segmentations |
6.1 Grenada Jojoba Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Jojoba Oil Market Revenues & Volume, By Cold Pressed, 2021-2031F |
6.1.3 Grenada Jojoba Oil Market Revenues & Volume, By Refined, 2021-2031F |
6.2 Grenada Jojoba Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Jojoba Oil Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.2.3 Grenada Jojoba Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Grenada Jojoba Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Grenada Jojoba Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Jojoba Oil Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Jojoba Oil Market Revenues & Volume, By B2B, 2021-2031F |
6.3.3 Grenada Jojoba Oil Market Revenues & Volume, By B2C, 2021-2031F |
7 Grenada Jojoba Oil Market Import-Export Trade Statistics |
7.1 Grenada Jojoba Oil Market Export to Major Countries |
7.2 Grenada Jojoba Oil Market Imports from Major Countries |
8 Grenada Jojoba Oil Market Key Performance Indicators |
9 Grenada Jojoba Oil Market - Opportunity Assessment |
9.1 Grenada Jojoba Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Jojoba Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Jojoba Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Jojoba Oil Market - Competitive Landscape |
10.1 Grenada Jojoba Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Jojoba Oil 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.
To discover high-growth global markets and optimize your business strategy:
Click Here