| Product Code: ETC6682541 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde continues to see strong growth in hemp CBD import shipments, with top exporting countries in 2024 being Portugal, Spain, Italy, Senegal, and China. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at 2.57%, with an impressive growth rate of 30.25% from 2023 to 2024. This data suggests a growing demand for hemp CBD products in Cape Verde, driven by imports from key international suppliers.

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 Cape Verde Hemp CBD Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Hemp CBD Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Hemp CBD Market - Industry Life Cycle |
3.4 Cape Verde Hemp CBD Market - Porter's Five Forces |
3.5 Cape Verde Hemp CBD Market Revenues & Volume Share, By Sale Type, 2021 & 2031F |
3.6 Cape Verde Hemp CBD Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Cape Verde Hemp CBD Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and acceptance of CBD products for health and wellness purposes in Cape Verde. |
4.2.2 Favorable government regulations and policies supporting the cultivation and sale of hemp CBD products. |
4.2.3 Growing demand for natural and organic products in the Cape Verde market. |
4.3 Market Restraints |
4.3.1 Limited infrastructure and resources for hemp cultivation and CBD product manufacturing in Cape Verde. |
4.3.2 Lack of established distribution channels and retail presence for hemp CBD products in the local market. |
5 Cape Verde Hemp CBD Market Trends |
6 Cape Verde Hemp CBD Market, By Types |
6.1 Cape Verde Hemp CBD Market, By Sale Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Hemp CBD Market Revenues & Volume, By Sale Type, 2021- 2031F |
6.1.3 Cape Verde Hemp CBD Market Revenues & Volume, By B2B, 2021- 2031F |
6.1.4 Cape Verde Hemp CBD Market Revenues & Volume, By B2C, 2021- 2031F |
6.2 Cape Verde Hemp CBD Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Hemp CBD Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.3 Cape Verde Hemp CBD Market Revenues & Volume, By Personal, 2021- 2031F |
6.2.4 Cape Verde Hemp CBD Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.5 Cape Verde Hemp CBD Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Cape Verde Hemp CBD Market Import-Export Trade Statistics |
7.1 Cape Verde Hemp CBD Market Export to Major Countries |
7.2 Cape Verde Hemp CBD Market Imports from Major Countries |
8 Cape Verde Hemp CBD Market Key Performance Indicators |
8.1 Number of licensed hemp CBD producers and cultivators in Cape Verde. |
8.2 Percentage increase in the adoption of hemp CBD products among consumers. |
8.3 Growth in the number of retail outlets offering hemp CBD products in Cape Verde. |
8.4 Percentage of market penetration of hemp CBD products in the overall wellness industry in Cape Verde. |
8.5 Average price per unit of hemp CBD products in Cape Verde. |
9 Cape Verde Hemp CBD Market - Opportunity Assessment |
9.1 Cape Verde Hemp CBD Market Opportunity Assessment, By Sale Type, 2021 & 2031F |
9.2 Cape Verde Hemp CBD Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Cape Verde Hemp CBD Market - Competitive Landscape |
10.1 Cape Verde Hemp CBD Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Hemp CBD Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |