| Product Code: ETC4735770 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s lobster import market in 2024 continues to see strong growth, with the USA, Areas, nes, France, and Metropolitan France emerging as top exporters to the country. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for new entrants. With a remarkable compound annual growth rate (CAGR) of 69.81% from 2020 to 2024 and an impressive growth rate of 804.85% in 2023-24 alone, the lobster import sector in Grenada is experiencing rapid expansion and presents lucrative opportunities for stakeholders.
By 2027, Grenada's Lobster market is forecasted to achieve a stable growth rate of 1.68%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Lobster Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Lobster Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Lobster Market - Industry Life Cycle |
3.4 Grenada Lobster Market - Porter's Five Forces |
3.5 Grenada Lobster Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Grenada Lobster Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 Grenada Lobster Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Grenada Lobster Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Lobster Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Lobster Market Trends |
6 Grenada Lobster Market Segmentations |
6.1 Grenada Lobster Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Grenada Lobster Market Revenues & Volume, By American Lobster, 2021-2031F |
6.1.3 Grenada Lobster Market Revenues & Volume, By Spiny Lobster, 2021-2031F |
6.1.4 Grenada Lobster Market Revenues & Volume, By Rock Lobster, 2021-2031F |
6.1.5 Grenada Lobster Market Revenues & Volume, By European Lobster, 2021-2031F |
6.2 Grenada Lobster Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 Grenada Lobster Market Revenues & Volume, By 0.5 ? ?? 0.75 lbs, 2021-2031F |
6.2.3 Grenada Lobster Market Revenues & Volume, By 0.76 ? ?? 3.0 lbs, 2021-2031F |
6.2.4 Grenada Lobster Market Revenues & Volume, By Over 3 lbs, 2021-2031F |
6.3 Grenada Lobster Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Lobster Market Revenues & Volume, By Whole Lobster, 2021-2031F |
6.3.3 Grenada Lobster Market Revenues & Volume, By Lobster Tail, 2021-2031F |
6.3.4 Grenada Lobster Market Revenues & Volume, By Lobster Meat, 2021-2031F |
6.3.5 Grenada Lobster Market Revenues & Volume, By Lobster Claw, 2021-2031F |
6.4 Grenada Lobster Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Lobster Market Revenues & Volume, By Food Service, 2021-2031F |
6.4.3 Grenada Lobster Market Revenues & Volume, By Retail, 2021-2031F |
7 Grenada Lobster Market Import-Export Trade Statistics |
7.1 Grenada Lobster Market Export to Major Countries |
7.2 Grenada Lobster Market Imports from Major Countries |
8 Grenada Lobster Market Key Performance Indicators |
9 Grenada Lobster Market - Opportunity Assessment |
9.1 Grenada Lobster Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Grenada Lobster Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 Grenada Lobster Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Grenada Lobster Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Lobster Market - Competitive Landscape |
10.1 Grenada Lobster Market Revenue Share, By Companies, 2024 |
10.2 Grenada Lobster 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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