| Product Code: ETC7373752 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import of liquid flavors in 2024 continued to be dominated by key exporters such as the USA, Barbados, Trinidad and Tobago, UK, and Italy. Despite a high concentration level indicated by the HHI, the market experienced a negative CAGR of -1.52% from 2020 to 2024. However, there was a significant growth spike of 168.3% from 2023 to 2024, suggesting potential shifts in consumer preferences or market dynamics that importers and stakeholders should closely monitor for future strategic decisions.
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 Liquid Flavors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Liquid Flavors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Liquid Flavors Market - Industry Life Cycle |
3.4 Grenada Liquid Flavors Market - Porter's Five Forces |
3.5 Grenada Liquid Flavors Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Grenada Liquid Flavors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Liquid Flavors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and organic flavors |
4.2.2 Growing demand for premium and exotic flavor profiles |
4.2.3 Rising popularity of flavored beverages and food products |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements for flavor ingredients |
4.3.2 Fluctuations in raw material prices impacting production costs |
4.3.3 Intense competition from synthetic flavors in the market |
5 Grenada Liquid Flavors Market Trends |
6 Grenada Liquid Flavors Market, By Types |
6.1 Grenada Liquid Flavors Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Grenada Liquid Flavors Market Revenues & Volume, By Products, 2021- 2031F |
6.1.3 Grenada Liquid Flavors Market Revenues & Volume, By Organic Flavor Concentrates, 2021- 2031F |
6.1.4 Grenada Liquid Flavors Market Revenues & Volume, By Flavor Extracts, 2021- 2031F |
6.1.5 Grenada Liquid Flavors Market Revenues & Volume, By Artificial Flavor Liquids, 2021- 2031F |
6.2 Grenada Liquid Flavors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Liquid Flavors Market Revenues & Volume, By Beverages, 2021- 2031F |
6.2.3 Grenada Liquid Flavors Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
6.2.4 Grenada Liquid Flavors Market Revenues & Volume, By Dairy & Frozen Foods, 2021- 2031F |
6.2.5 Grenada Liquid Flavors Market Revenues & Volume, By Processed Foods, 2021- 2031F |
6.2.6 Grenada Liquid Flavors Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Liquid Flavors Market Import-Export Trade Statistics |
7.1 Grenada Liquid Flavors Market Export to Major Countries |
7.2 Grenada Liquid Flavors Market Imports from Major Countries |
8 Grenada Liquid Flavors Market Key Performance Indicators |
8.1 Consumer engagement and feedback on new flavor launches |
8.2 Adoption rate of innovative flavor technologies in product development |
8.3 Market penetration of grenada liquid flavors in various industries |
9 Grenada Liquid Flavors Market - Opportunity Assessment |
9.1 Grenada Liquid Flavors Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Grenada Liquid Flavors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Liquid Flavors Market - Competitive Landscape |
10.1 Grenada Liquid Flavors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Liquid Flavors 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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