| Product Code: ETC7378946 | 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 |
In 2024, Grenada continued to see a significant influx of probiotic cosmetic products from top exporting countries such as the USA, UK, Trinidad and Tobago, Barbados, and Denmark. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, likely dominated by a few key players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past four years has been impressive at 10.67%, suggesting a strong demand for probiotic cosmetics in Grenada. The market remains competitive and dynamic, with opportunities for further expansion and innovation.
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 Probiotic Cosmetic Products Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Probiotic Cosmetic Products Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Probiotic Cosmetic Products Market - Industry Life Cycle |
3.4 Grenada Probiotic Cosmetic Products Market - Porter's Five Forces |
3.5 Grenada Probiotic Cosmetic Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Probiotic Cosmetic Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Probiotic Cosmetic Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the benefits of probiotics for skincare |
4.2.2 Increasing demand for natural and organic cosmetic products |
4.2.3 Rising popularity of probiotic skincare products in the beauty industry |
4.3 Market Restraints |
4.3.1 Limited availability of probiotic strains suitable for cosmetic formulations |
4.3.2 High production costs associated with probiotic cosmetic products |
4.3.3 Regulatory challenges related to labeling and claims for probiotic cosmetics |
5 Grenada Probiotic Cosmetic Products Market Trends |
6 Grenada Probiotic Cosmetic Products Market, By Types |
6.1 Grenada Probiotic Cosmetic Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Skin Care, 2021- 2031F |
6.1.4 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Hair Care, 2021- 2031F |
6.1.5 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Probiotic Cosmetic Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.3 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.4 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.5 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.2.6 Grenada Probiotic Cosmetic Products Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Probiotic Cosmetic Products Market Import-Export Trade Statistics |
7.1 Grenada Probiotic Cosmetic Products Market Export to Major Countries |
7.2 Grenada Probiotic Cosmetic Products Market Imports from Major Countries |
8 Grenada Probiotic Cosmetic Products Market Key Performance Indicators |
8.1 Customer satisfaction and retention rates for probiotic cosmetic products |
8.2 Number of new product launches featuring probiotics in the cosmetics market |
8.3 Growth in partnerships and collaborations between skincare brands and probiotic ingredient suppliers |
9 Grenada Probiotic Cosmetic Products Market - Opportunity Assessment |
9.1 Grenada Probiotic Cosmetic Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Probiotic Cosmetic Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Probiotic Cosmetic Products Market - Competitive Landscape |
10.1 Grenada Probiotic Cosmetic Products Market Revenue Share, By Companies, 2024 |
10.2 Grenada Probiotic Cosmetic Products 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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