Product Code: ETC4669912 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cabo Verde Chewing Gum Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 4.61% in 2025, climbs to a high of 6.20% in 2028, and moderates to 5.56% by 2029.
In the Africa region, the Chewing Gum market in Cabo Verde is projected to expand at a growing growth rate of 6.08% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.
The chewing gum market in Cape Verde is influenced by consumer preferences and the rise in disposable incomes. The demand for chewing gum is driven by its popularity as a snack and breath freshener. Market growth is supported by expanding retail networks and product variety. Challenges include competition from other confectionery products and the need for effective marketing strategies.
The Cape Verde Chewing Gum Market is influenced by the growing popularity of chewing gum as a convenient and enjoyable confectionery product. The demand for various flavors and types of chewing gum, including sugar-free and functional gums, drives market growth. Additionally, marketing strategies and product innovations in the chewing gum industry contribute to increased consumer interest and market expansion.
The Chewing Gum Market in Cape Verde encounters challenges related to import costs and limited local production. High import duties and logistical issues can increase the prices of chewing gum, making it less affordable for consumers. The market`s small size may also discourage large manufacturers from entering, resulting in fewer product options and less competitive pricing.
The chewing gum market in Cape Verde is shaped by government regulations on food safety and consumer protection. Policies related to food labeling, quality standards, and health regulations influence the market. Additionally, government initiatives promoting healthy lifestyles and dietary habits can impact consumer preferences and demand for chewing gum.
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 Chewing Gum Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Chewing Gum Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Chewing Gum Market - Industry Life Cycle |
3.4 Cape Verde Chewing Gum Market - Porter's Five Forces |
3.5 Cape Verde Chewing Gum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Chewing Gum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Chewing Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Chewing Gum Market Trends |
6 Cape Verde Chewing Gum Market Segmentations |
6.1 Cape Verde Chewing Gum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Chewing Gum Market Revenues & Volume, By Sugared Chewing Gum, 2021-2031F |
6.1.3 Cape Verde Chewing Gum Market Revenues & Volume, By Sugar-free Chewing Gum, 2021-2031F |
6.2 Cape Verde Chewing Gum Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Chewing Gum Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Cape Verde Chewing Gum Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Cape Verde Chewing Gum Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.5 Cape Verde Chewing Gum Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 Cape Verde Chewing Gum Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Chewing Gum Market Import-Export Trade Statistics |
7.1 Cape Verde Chewing Gum Market Export to Major Countries |
7.2 Cape Verde Chewing Gum Market Imports from Major Countries |
8 Cape Verde Chewing Gum Market Key Performance Indicators |
9 Cape Verde Chewing Gum Market - Opportunity Assessment |
9.1 Cape Verde Chewing Gum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Chewing Gum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Chewing Gum Market - Competitive Landscape |
10.1 Cape Verde Chewing Gum Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Chewing Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |