Product Code: ETC4849728 | 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 |
The Cabo Verde Ghee Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 4.89% in 2025, climbs to a high of 6.76% in 2027, and moderates to 3.80% by 2029.
By 2027, the Ghee market in Cabo Verde is anticipated to reach a growth rate of 6.76%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.
The ghee market in Cape Verde is influenced by traditional culinary preferences and the growing interest in health-conscious food choices. Ghee, a type of clarified butter, is valued for its flavor and nutritional benefits. The market is supported by increasing awareness of traditional diets and the expanding food industry. However, challenges such as fluctuating milk prices and competition from alternative cooking oils may affect market dynamics.
The Cape Verde ghee market is driven by increasing consumer awareness of traditional and health-conscious food products. Ghee, a clarified butter used in various cuisines, is gaining popularity due to its perceived health benefits and flavor. The growth of the food and beverage sector, along with rising disposable incomes, supports the demand for ghee. Additionally, the increasing interest in traditional and ethnic foods enhances the market potential for ghee in Cape Verde.
The Cape Verde ghee market faces challenges such as high import costs and limited local production capacity. Ghee, a clarified butter used in various culinary applications, is often imported, leading to increased prices. Additionally, there is limited local production capacity, which affects the market`s ability to meet domestic demand.
In Cape Verde, the ghee market is influenced by government policies related to food safety and agricultural development. The government has implemented regulations to ensure the quality and safety of dairy products, including ghee. Support for local dairy production and incentives for businesses involved in ghee production are part of broader agricultural policies aimed at enhancing food security and supporting local industries.
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 Ghee Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Ghee Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Ghee Market - Industry Life Cycle |
3.4 Cape Verde Ghee Market - Porter's Five Forces |
3.5 Cape Verde Ghee Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Cape Verde Ghee Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Cape Verde Ghee Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Ghee Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Ghee Market Trends |
6 Cape Verde Ghee Market Segmentations |
6.1 Cape Verde Ghee Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Ghee Market Revenues & Volume, By Cow, 2021-2031F |
6.1.3 Cape Verde Ghee Market Revenues & Volume, By Buffalo, 2021-2031F |
6.1.4 Cape Verde Ghee Market Revenues & Volume, By Mixed, 2021-2031F |
6.2 Cape Verde Ghee Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Ghee Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Cape Verde Ghee Market Revenues & Volume, By Institutional, 2021-2031F |
6.3 Cape Verde Ghee Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Ghee Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Cape Verde Ghee Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Cape Verde Ghee Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Cape Verde Ghee Market Revenues & Volume, By Online, 2021-2031F |
6.3.6 Cape Verde Ghee Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Ghee Market Import-Export Trade Statistics |
7.1 Cape Verde Ghee Market Export to Major Countries |
7.2 Cape Verde Ghee Market Imports from Major Countries |
8 Cape Verde Ghee Market Key Performance Indicators |
9 Cape Verde Ghee Market - Opportunity Assessment |
9.1 Cape Verde Ghee Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Cape Verde Ghee Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Cape Verde Ghee Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Ghee Market - Competitive Landscape |
10.1 Cape Verde Ghee Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Ghee Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |