Product Code: ETC5012254 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cabo Verde Commercial Seaweed market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The commercial seaweed market in Cape Verde is emerging, driven by the growing demand for seaweed-based products in the food, pharmaceutical, and cosmetic industries. The market benefits from the increasing awareness of the health benefits of seaweed, as well as its use in sustainable agriculture practices. Expansion is supported by government initiatives promoting marine aquaculture.
The Cape Verde commercial seaweed market is driven by the growing demand for seaweed-based products in food, cosmetics, and pharmaceuticals. The increasing awareness of the nutritional benefits of seaweed and its use as a natural ingredient in various applications fuel market growth. Additionally, government initiatives to promote sustainable aquaculture practices and the rising demand for organic and natural products further boost the market.
The commercial seaweed market in Cape Verde faces challenges related to the limited scale of seaweed farming and the lack of infrastructure for processing and exporting seaweed products. The market is also affected by environmental concerns such as ocean pollution and overfishing, which impact seaweed growth and quality. Additionally, a lack of awareness and technical expertise in seaweed farming techniques hinders market expansion.
To diversify the economy and promote sustainable aquaculture, the Cape Verde government has introduced policies supporting the commercial seaweed market. These policies include grants and subsidies for seaweed farming, research and development funding, and support for export initiatives. The government also emphasizes sustainable farming practices and environmental conservation in the seaweed 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 Commercial Seaweed Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Commercial Seaweed Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Commercial Seaweed Market - Industry Life Cycle |
3.4 Cape Verde Commercial Seaweed Market - Porter's Five Forces |
3.5 Cape Verde Commercial Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Commercial Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Commercial Seaweed Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Cape Verde Commercial Seaweed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Commercial Seaweed Market Trends |
6 Cape Verde Commercial Seaweed Market Segmentations |
6.1 Cape Verde Commercial Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Commercial Seaweed Market Revenues & Volume, By Brown seaweeds, 2021-2031F |
6.1.3 Cape Verde Commercial Seaweed Market Revenues & Volume, By Red seaweeds, 2021-2031F |
6.1.4 Cape Verde Commercial Seaweed Market Revenues & Volume, By Green seaweeds, 2021-2031F |
6.2 Cape Verde Commercial Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Commercial Seaweed Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Cape Verde Commercial Seaweed Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 Cape Verde Commercial Seaweed Market Revenues & Volume, By Human Consumption, 2021-2031F |
6.2.5 Cape Verde Commercial Seaweed Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Commercial Seaweed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Commercial Seaweed Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 Cape Verde Commercial Seaweed Market Revenues & Volume, By Powdered, 2021-2031F |
6.3.4 Cape Verde Commercial Seaweed Market Revenues & Volume, By Flakes, 2021-2031F |
7 Cape Verde Commercial Seaweed Market Import-Export Trade Statistics |
7.1 Cape Verde Commercial Seaweed Market Export to Major Countries |
7.2 Cape Verde Commercial Seaweed Market Imports from Major Countries |
8 Cape Verde Commercial Seaweed Market Key Performance Indicators |
9 Cape Verde Commercial Seaweed Market - Opportunity Assessment |
9.1 Cape Verde Commercial Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Commercial Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Commercial Seaweed Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Cape Verde Commercial Seaweed Market - Competitive Landscape |
10.1 Cape Verde Commercial Seaweed Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Commercial Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |