| Product Code: ETC7383488 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s virgin coconut oil import market continues to thrive in 2024, with significant shipments coming from Trinidad and Tobago, Guyana, USA, UK, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with consistent growth evidenced by the impressive Compound Annual Growth Rate (CAGR) of 13.91% from 2020 to 2024. The remarkable growth rate of 36.51% from 2023 to 2024 suggests a strengthening demand for Grenada`s imported virgin coconut oil.
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 Virgin Coconut Oil Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Virgin Coconut Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Virgin Coconut Oil Market - Industry Life Cycle |
3.4 Grenada Virgin Coconut Oil Market - Porter's Five Forces |
3.5 Grenada Virgin Coconut Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Virgin Coconut Oil Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.7 Grenada Virgin Coconut Oil Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Virgin Coconut Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of virgin coconut oil |
4.2.2 Growing demand for natural and organic skincare products |
4.2.3 Rise in disposable income leading to higher spending on premium beauty and wellness products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as coconuts |
4.3.2 Intense competition from other natural oil products like olive oil and argan oil |
4.3.3 Regulatory challenges related to quality standards and certifications |
5 Grenada Virgin Coconut Oil Market Trends |
6 Grenada Virgin Coconut Oil Market, By Types |
6.1 Grenada Virgin Coconut Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Virgin Coconut Oil Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Virgin Coconut Oil Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Grenada Virgin Coconut Oil Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Grenada Virgin Coconut Oil Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Grenada Virgin Coconut Oil Market Revenues & Volume, By Metal Cans, 2021- 2031F |
6.2.3 Grenada Virgin Coconut Oil Market Revenues & Volume, By Plastic Bottles, 2021- 2031F |
6.2.4 Grenada Virgin Coconut Oil Market Revenues & Volume, By Pouches, 2021- 2031F |
6.3 Grenada Virgin Coconut Oil Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Virgin Coconut Oil Market Revenues & Volume, By B2B, 2021- 2031F |
6.3.3 Grenada Virgin Coconut Oil Market Revenues & Volume, By B2C, 2021- 2031F |
7 Grenada Virgin Coconut Oil Market Import-Export Trade Statistics |
7.1 Grenada Virgin Coconut Oil Market Export to Major Countries |
7.2 Grenada Virgin Coconut Oil Market Imports from Major Countries |
8 Grenada Virgin Coconut Oil Market Key Performance Indicators |
8.1 Number of new product launches in the grenada virgin coconut oil market |
8.2 Percentage increase in online searches for virgin coconut oil products |
8.3 Growth in the number of partnerships with beauty and wellness brands for product collaborations |
9 Grenada Virgin Coconut Oil Market - Opportunity Assessment |
9.1 Grenada Virgin Coconut Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Virgin Coconut Oil Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.3 Grenada Virgin Coconut Oil Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Virgin Coconut Oil Market - Competitive Landscape |
10.1 Grenada Virgin Coconut Oil Market Revenue Share, By Companies, 2024 |
10.2 Grenada Virgin Coconut Oil 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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