| Product Code: ETC5224256 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a slight decline in growth rate from 2023 to 2024, Cape Verde saw a continued strong demand for fortified wines, with a high concentration of imports from top countries like Netherlands, Italy, Spain, Portugal, and the United Arab Emirates. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 reflects a robust 13.31%, indicating a promising market for fortified wines in Cape Verde. The market remains competitive with a high Herfindahl-Hirschman Index (HHI) concentration, suggesting opportunities for further market penetration and development strategies.

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 Fortified Wines Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Fortified Wines Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Fortified Wines Market - Industry Life Cycle |
3.4 Cape Verde Fortified Wines Market - Porter's Five Forces |
3.5 Cape Verde Fortified Wines Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Cape Verde Fortified Wines Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Fortified Wines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and interest in fortified wines |
4.2.2 Growing popularity of wine tourism in Cape Verde |
4.2.3 Expansion of distribution channels for fortified wines in the region |
4.3 Market Restraints |
4.3.1 High production costs and limited availability of raw materials |
4.3.2 Regulatory challenges and compliance issues in the fortified wine industry |
5 Cape Verde Fortified Wines Market Trends |
6 Cape Verde Fortified Wines Market Segmentations |
6.1 Cape Verde Fortified Wines Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Fortified Wines Market Revenues & Volume, By Port, Sherry, 2021-2031F |
6.1.3 Cape Verde Fortified Wines Market Revenues & Volume, By Marsala, 2021-2031F |
6.1.4 Cape Verde Fortified Wines Market Revenues & Volume, By Madeira, 2021-2031F |
6.1.5 Cape Verde Fortified Wines Market Revenues & Volume, By Commandaria, 2021-2031F |
6.1.6 Cape Verde Fortified Wines Market Revenues & Volume, By Vermouth, 2021-2031F |
6.1.7 Cape Verde Fortified Wines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Fortified Wines Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Fortified Wines Market Revenues & Volume, By On-Trade, 2021-2031F |
6.2.3 Cape Verde Fortified Wines Market Revenues & Volume, By Off-Trade, 2021-2031F |
7 Cape Verde Fortified Wines Market Import-Export Trade Statistics |
7.1 Cape Verde Fortified Wines Market Export to Major Countries |
7.2 Cape Verde Fortified Wines Market Imports from Major Countries |
8 Cape Verde Fortified Wines Market Key Performance Indicators |
8.1 Number of wine tasting events and festivals promoting fortified wines in Cape Verde |
8.2 Percentage increase in the number of tourists visiting Cape Verde for wine-related activities |
8.3 Growth in the number of retail outlets and online platforms selling Cape Verde fortified wines |
8.4 Investment in research and development for innovative fortified wine products |
8.5 Improvement in sustainability practices and certifications in the fortified wine production process. |
9 Cape Verde Fortified Wines Market - Opportunity Assessment |
9.1 Cape Verde Fortified Wines Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Cape Verde Fortified Wines Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Fortified Wines Market - Competitive Landscape |
10.1 Cape Verde Fortified Wines Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Fortified Wines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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