| Product Code: ETC6674124 | 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 |
Cape Verde continues to see significant import shipments of hemp-derived cannabidiol from top exporting countries like Portugal, Spain, Italy, Senegal, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a steady compound annual growth rate (CAGR) of 2.57% from 2020 to 2024. The impressive growth rate of 30.25% from 2023 to 2024 suggests a rising demand for hemp-derived cannabidiol products in the Caribbean nation, positioning it as a key player in the market.

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 Caribbean Hemp-Derived Cannabidiol Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Caribbean Hemp-Derived Cannabidiol Market - Industry Life Cycle |
3.4 Cape Verde Caribbean Hemp-Derived Cannabidiol Market - Porter's Five Forces |
3.5 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of hemp-derived cannabidiol products in Cape Verde and the Caribbean region |
4.2.2 Growing trend towards natural and plant-based wellness products |
4.2.3 Favorable regulatory environment supporting the cultivation and sale of hemp-derived cannabidiol products |
4.3 Market Restraints |
4.3.1 Limited infrastructure and technology for large-scale hemp cultivation and CBD extraction in Cape Verde and the Caribbean |
4.3.2 Lack of standardized regulations and quality control measures across the region |
4.3.3 Potential competition from traditional pharmaceutical products and alternative wellness solutions |
5 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Trends |
6 Cape Verde Caribbean Hemp-Derived Cannabidiol Market, By Types |
6.1 Cape Verde Caribbean Hemp-Derived Cannabidiol Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Isolates or Pure CBD Extract, 2021- 2031F |
6.1.4 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Broad Spectrum or Distillates, 2021- 2031F |
6.1.5 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Full Spectrum or Terpenes, 2021- 2031F |
6.1.6 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Caribbean Hemp-Derived Cannabidiol Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Personal Care and Cosmetics, 2021- 2031F |
6.2.3 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.4 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.2.5 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Import-Export Trade Statistics |
7.1 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Export to Major Countries |
7.2 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Imports from Major Countries |
8 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Key Performance Indicators |
8.1 Number of new hemp-derived cannabidiol product launches in Cape Verde and the Caribbean |
8.2 Growth in the number of hemp cultivation licenses issued in the region |
8.3 Percentage increase in consumer trust and satisfaction with hemp-derived cannabidiol products |
8.4 Expansion of distribution channels for hemp-derived cannabidiol products in Cape Verde and the Caribbean |
8.5 Adoption rate of hemp-derived cannabidiol products among different demographic segments in the market |
9 Cape Verde Caribbean Hemp-Derived Cannabidiol Market - Opportunity Assessment |
9.1 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Cape Verde Caribbean Hemp-Derived Cannabidiol Market - Competitive Landscape |
10.1 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Caribbean Hemp-Derived Cannabidiol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |