| Product Code: ETC5228911 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s bakery industry continues to thrive with key imports from top countries including Portugal, Spain, Brazil, USA, and Italy. The high Herfindahl-Hirschman Index (HHI) concentration in 2024 indicates a competitive market. Despite a slight decline in growth rate from 2023 to 2024, the impressive compound annual growth rate (CAGR) of 10.01% from 2020 to 2024 highlights the sustained expansion of the bakery products import market in Cape Verde. This data suggests a strong consumer demand for varied and high-quality bakery products in the country.

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 Bakeries Products Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Bakeries Products Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Bakeries Products Market - Industry Life Cycle |
3.4 Cape Verde Bakeries Products Market - Porter's Five Forces |
3.5 Cape Verde Bakeries Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Bakeries Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Bakeries Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in Cape Verde leading to increased demand for bakery products |
4.2.2 Rising disposable income of the population, resulting in higher spending on baked goods |
4.2.3 Adoption of Western eating habits and preferences among consumers in Cape Verde |
4.3 Market Restraints |
4.3.1 Dependency on imported raw materials which can lead to fluctuating production costs |
4.3.2 Limited availability of skilled labor in the bakery industry in Cape Verde |
5 Cape Verde Bakeries Products Market Trends |
6 Cape Verde Bakeries Products Market Segmentations |
6.1 Cape Verde Bakeries Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Bakeries Products Market Revenues & Volume, By Bread & Rolls, 2021-2031F |
6.1.3 Cape Verde Bakeries Products Market Revenues & Volume, By Cakes & Pastries, 2021-2031F |
6.1.4 Cape Verde Bakeries Products Market Revenues & Volume, By Cookies, 2021-2031F |
6.1.5 Cape Verde Bakeries Products Market Revenues & Volume, By Tortillas, 2021-2031F |
6.1.6 Cape Verde Bakeries Products Market Revenues & Volume, By Pretzels, 2021-2031F |
6.1.7 Cape Verde Bakeries Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Bakeries Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Bakeries Products Market Revenues & Volume, By Hypermarkets & Supermarkets, 2021-2031F |
6.2.3 Cape Verde Bakeries Products Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Cape Verde Bakeries Products Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Cape Verde Bakeries Products Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Bakeries Products Market Import-Export Trade Statistics |
7.1 Cape Verde Bakeries Products Market Export to Major Countries |
7.2 Cape Verde Bakeries Products Market Imports from Major Countries |
8 Cape Verde Bakeries Products Market Key Performance Indicators |
8.1 Average daily foot traffic in bakeries |
8.2 Percentage of repeat customers |
8.3 Number of new product launches by bakeries in Cape Verde |
8.4 Average customer satisfaction rating for bakery products |
9 Cape Verde Bakeries Products Market - Opportunity Assessment |
9.1 Cape Verde Bakeries Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Bakeries Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Bakeries Products Market - Competitive Landscape |
10.1 Cape Verde Bakeries Products Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Bakeries Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |