| Product Code: ETC4845761 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on the USA and UK for its potato flakes imports, with a high Herfindahl-Hirschman Index (HHI) indicating significant market concentration. Despite a modest compound annual growth rate (CAGR) of 0.25% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -43.25%. This suggests potential shifts in market dynamics or challenges faced by importers in the potato flakes industry in Grenada. Stakeholders may need to closely monitor these trends to make informed decisions and adapt strategies accordingly.
By 2027, Grenada's Potato Flakes market is forecasted to achieve a stable growth rate of 1.63%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

Potato flakes are used in food processing and as an ingredient in convenience foods. The market in Grenada is growing due to increasing demand for processed and ready-to-eat food products.
The Grenada Potato Flakes market benefits from their versatile applications in food products, including soups, snacks, and bakery items. The market is driven by the growing demand for convenient, shelf-stable, and easy-to-prepare food ingredients. Potato flakes are increasingly used in processed food manufacturing, catering to the rising trend of packaged and fast-food consumption. Furthermore, the adoption of advanced processing technologies enhances the quality and retention of nutrients in potato flakes, boosting their appeal to health-conscious consumers. The expanding food service industry in Grenada further fuels market growth.
The Potato Flakes market in Grenada faces challenges from high production costs and limited local demand. While potato flakes are used in food processing and snack industries, their use in Grenada is limited due to the small size of the local food industry. Additionally, the high cost of importing raw potatoes and processing equipment restricts the affordability and availability of potato flakes in the market.
The market for potato flakes in Grenada is influenced by government agricultural policies that promote the local production of raw materials for food processing. The governments initiatives to improve agricultural output and diversify the food processing industry have led to an increase in the production of potato flakes. Furthermore, policies that emphasize food security and the use of local ingredients in food manufacturing have contributed to the growth of this market.
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 Potato Flakes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Potato Flakes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Potato Flakes Market - Industry Life Cycle |
3.4 Grenada Potato Flakes Market - Porter's Five Forces |
3.5 Grenada Potato Flakes Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.6 Grenada Potato Flakes Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 Grenada Potato Flakes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Potato Flakes Market Trends |
6 Grenada Potato Flakes Market Segmentations |
6.1 Grenada Potato Flakes Market, By End Use |
6.1.1 Overview and Analysis |
6.1.2 Grenada Potato Flakes Market Revenues & Volume, By Business to Consumers, 2021-2031F |
6.1.3 Grenada Potato Flakes Market Revenues & Volume, By Hypermarket/Supermarket, 2021-2031F |
6.1.4 Grenada Potato Flakes Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.1.5 Grenada Potato Flakes Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.1.6 Grenada Potato Flakes Market Revenues & Volume, By Traditional Grocery, 2021-2031F |
6.1.7 Grenada Potato Flakes Market Revenues & Volume, By Online Retailers, 2021-2031F |
6.1.9 Grenada Potato Flakes Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.1.10 Grenada Potato Flakes Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2 Grenada Potato Flakes Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Grenada Potato Flakes Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Grenada Potato Flakes Market Revenues & Volume, By Conventional, 2021-2031F |
7 Grenada Potato Flakes Market Import-Export Trade Statistics |
7.1 Grenada Potato Flakes Market Export to Major Countries |
7.2 Grenada Potato Flakes Market Imports from Major Countries |
8 Grenada Potato Flakes Market Key Performance Indicators |
9 Grenada Potato Flakes Market - Opportunity Assessment |
9.1 Grenada Potato Flakes Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.2 Grenada Potato Flakes Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 Grenada Potato Flakes Market - Competitive Landscape |
10.1 Grenada Potato Flakes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Potato Flakes 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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