| Product Code: ETC6673532 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The breast milk substitutes import market in Cape Verde continued to show strong concentration in 2024, with top exporting countries being Portugal, Netherlands, Spain, Brazil, and France. The high Herfindahl-Hirschman Index (HHI) indicates significant market dominance by these countries. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 3.08%, showcasing steady expansion. Moreover, the growth rate from 2023 to 2024 was 2.79%, reflecting a continued positive trend in the import shipments of breast milk substitutes to Cape Verde.

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 Breast Milk Substitutes Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Breast Milk Substitutes Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Breast Milk Substitutes Market - Industry Life Cycle |
3.4 Cape Verde Breast Milk Substitutes Market - Porter's Five Forces |
3.5 Cape Verde Breast Milk Substitutes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Breast Milk Substitutes Market Revenues & Volume Share, By Formula Type, 2021 & 2031F |
3.7 Cape Verde Breast Milk Substitutes Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Cape Verde Breast Milk Substitutes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of breast milk substitutes in Cape Verde |
4.2.2 Rising number of working mothers leading to higher demand for convenient feeding options |
4.2.3 Improving economic conditions in Cape Verde driving purchasing power for baby products |
4.3 Market Restraints |
4.3.1 Cultural beliefs and traditions favoring breastfeeding over breast milk substitutes |
4.3.2 Lack of stringent regulations leading to concerns about product safety and quality |
5 Cape Verde Breast Milk Substitutes Market Trends |
6 Cape Verde Breast Milk Substitutes Market, By Types |
6.1 Cape Verde Breast Milk Substitutes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Ready-to-use, 2021- 2031F |
6.1.4 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Powdered, 2021- 2031F |
6.1.5 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Concentrated Liquid, 2021- 2031F |
6.2 Cape Verde Breast Milk Substitutes Market, By Formula Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Hypoallergenic Formula, 2021- 2031F |
6.2.3 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Soy-based Formula, 2021- 2031F |
6.2.4 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Milk-based Formula, 2021- 2031F |
6.3 Cape Verde Breast Milk Substitutes Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.3.3 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Specialty Clinics, 2021- 2031F |
6.3.4 Cape Verde Breast Milk Substitutes Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Breast Milk Substitutes Market Import-Export Trade Statistics |
7.1 Cape Verde Breast Milk Substitutes Market Export to Major Countries |
7.2 Cape Verde Breast Milk Substitutes Market Imports from Major Countries |
8 Cape Verde Breast Milk Substitutes Market Key Performance Indicators |
8.1 Percentage increase in the number of pediatric clinics or hospitals offering breast milk substitutes counseling services |
8.2 Growth in the number of working mothers in Cape Verde |
8.3 Number of new product innovations and launches in the breast milk substitutes market in Cape Verde |
9 Cape Verde Breast Milk Substitutes Market - Opportunity Assessment |
9.1 Cape Verde Breast Milk Substitutes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Breast Milk Substitutes Market Opportunity Assessment, By Formula Type, 2021 & 2031F |
9.3 Cape Verde Breast Milk Substitutes Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Cape Verde Breast Milk Substitutes Market - Competitive Landscape |
10.1 Cape Verde Breast Milk Substitutes Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Breast Milk Substitutes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |