| Product Code: ETC6673030 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to heavily rely on bean flour imports, with top exporting countries including Portugal, China, Guinea-Bissau, Italy, and Spain. The market remained highly concentrated, reflecting a high Herfindahl-Hirschman Index (HHI). Despite a negative compound annual growth rate (CAGR) of -15.6% from 2020 to 2024, the growth rate improved slightly in 2024 with a decline of -26.5%. This suggests a challenging market environment with potential shifts in trade dynamics and the need for strategic adaptations by importers and exporters in the bean flour industry.

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 Bean Flour Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Bean Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Bean Flour Market - Industry Life Cycle |
3.4 Cape Verde Bean Flour Market - Porter's Five Forces |
3.5 Cape Verde Bean Flour Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Bean Flour Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Cape Verde Bean Flour Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cape Verde Bean Flour Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Bean Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of bean flour |
4.2.2 Rising demand for gluten-free and nutritious food products |
4.2.3 Growing popularity of plant-based diets |
4.3 Market Restraints |
4.3.1 Limited availability and access to raw materials for bean flour production |
4.3.2 High production costs due to processing and packaging requirements |
5 Cape Verde Bean Flour Market Trends |
6 Cape Verde Bean Flour Market, By Types |
6.1 Cape Verde Bean Flour Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Bean Flour Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cape Verde Bean Flour Market Revenues & Volume, By Black bean flour, 2021- 2031F |
6.1.4 Cape Verde Bean Flour Market Revenues & Volume, By White bean flour, 2021- 2031F |
6.2 Cape Verde Bean Flour Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Bean Flour Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2.3 Cape Verde Bean Flour Market Revenues & Volume, By Organic, 2021- 2031F |
6.3 Cape Verde Bean Flour Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Bean Flour Market Revenues & Volume, By Bakery and Confectionary, 2021- 2031F |
6.3.3 Cape Verde Bean Flour Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.3.4 Cape Verde Bean Flour Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cape Verde Bean Flour Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Bean Flour Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.4.3 Cape Verde Bean Flour Market Revenues & Volume, By Supermarkets, 2021- 2031F |
6.4.4 Cape Verde Bean Flour Market Revenues & Volume, By Specialized Stores, 2021- 2031F |
6.4.5 Cape Verde Bean Flour Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Bean Flour Market Import-Export Trade Statistics |
7.1 Cape Verde Bean Flour Market Export to Major Countries |
7.2 Cape Verde Bean Flour Market Imports from Major Countries |
8 Cape Verde Bean Flour Market Key Performance Indicators |
8.1 Average selling price of cape verde bean flour |
8.2 Number of new product launches incorporating bean flour |
8.3 Consumer satisfaction rates with cape verde bean flour products |
9 Cape Verde Bean Flour Market - Opportunity Assessment |
9.1 Cape Verde Bean Flour Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Bean Flour Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Cape Verde Bean Flour Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cape Verde Bean Flour Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Bean Flour Market - Competitive Landscape |
10.1 Cape Verde Bean Flour Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Bean Flour 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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