| Product Code: ETC4852943 | 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 |
In 2024, Grenada continued to see a strong demand for sparkling water imports, with key exporters including the USA, Trinidad and Tobago, UK, Metropolitan France, and Greece. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 20.03% from 2020 to 2024 highlights the increasing popularity of sparkling water in Grenada. The growth rate of 7.33% from 2023 to 2024 further demonstrates a sustained upward trend in import shipments, suggesting a promising market outlook for sparkling water in the country.
The Sparkling Water market in Grenada is projected to grow at a stable growth rate of 1.54% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Sparkling Water Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sparkling Water Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sparkling Water Market - Industry Life Cycle |
3.4 Grenada Sparkling Water Market - Porter's Five Forces |
3.5 Grenada Sparkling Water Market Revenues & Volume Share, By Product Outlook, 2021 & 2031F |
3.6 Grenada Sparkling Water Market Revenues & Volume Share, By Distribution Channel Outlook? (Revenue, USD Million, 2016 - 2031), 2021 & 2031F |
4 Grenada Sparkling Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Sparkling Water Market Trends |
6 Grenada Sparkling Water Market Segmentations |
6.1 Grenada Sparkling Water Market, By Product Outlook |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sparkling Water Market Revenues & Volume, By Natural/Mineral Sparkling Water, 2021-2031F |
6.1.3 Grenada Sparkling Water Market Revenues & Volume, By Caffeinated Sparkling Water, 2021-2031F |
6.2 Grenada Sparkling Water Market, By Distribution Channel Outlook? (Revenue, USD Million, 2016 - 2031) |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sparkling Water Market Revenues & Volume, By Hypermarket & Supermarket, 2021-2031F |
6.2.3 Grenada Sparkling Water Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Grenada Sparkling Water Market Revenues & Volume, By Online, 2021-2031F |
6.2.5 Grenada Sparkling Water Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Sparkling Water Market Import-Export Trade Statistics |
7.1 Grenada Sparkling Water Market Export to Major Countries |
7.2 Grenada Sparkling Water Market Imports from Major Countries |
8 Grenada Sparkling Water Market Key Performance Indicators |
9 Grenada Sparkling Water Market - Opportunity Assessment |
9.1 Grenada Sparkling Water Market Opportunity Assessment, By Product Outlook, 2021 & 2031F |
9.2 Grenada Sparkling Water Market Opportunity Assessment, By Distribution Channel Outlook? (Revenue, USD Million, 2016 - 2031), 2021 & 2031F |
10 Grenada Sparkling Water Market - Competitive Landscape |
10.1 Grenada Sparkling Water Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sparkling Water 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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