| Product Code: ETC5675373 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a slight decrease in growth rate in 2024, Cape Verde`s ice cream import market remains highly concentrated, with the top exporting countries being Portugal, Spain, Belgium, Italy, and other areas. The impressive compound annual growth rate (CAGR) of 15.15% from 2020 to 2024 indicates a strong overall growth trend in the market. The high Herfindahl-Hirschman Index (HHI) suggests that these top exporting countries dominate the market, potentially impacting competition and pricing dynamics. Monitoring these trends can provide valuable insights for stakeholders in the ice cream import industry in Cape Verde.

The Ice cream market in Cabo Verde is projected to grow at a growing growth rate of 6.28% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

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 Ice Cream Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Ice Cream Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Ice Cream Market - Industry Life Cycle |
3.4 Cape Verde Ice Cream Market - Porter's Five Forces |
3.5 Cape Verde Ice Cream Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Ice Cream Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Cape Verde Ice Cream Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Ice Cream Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Cape Verde |
4.2.2 Growing tourism industry leading to higher demand for ice cream |
4.2.3 Changing consumer preferences towards healthier and premium ice cream options |
4.3 Market Restraints |
4.3.1 Seasonal nature of demand due to Cape Verde's climate |
4.3.2 Competition from other frozen dessert options like gelato and frozen yogurt |
5 Cape Verde Ice Cream Market Trends |
6 Cape Verde Ice Cream Market Segmentations |
6.1 Cape Verde Ice Cream Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Ice Cream Market Revenues & Volume, By Impulse Ice Cream, 2021-2031F |
6.1.3 Cape Verde Ice Cream Market Revenues & Volume, By Take-home Ice Cream, 2021-2031F |
6.1.4 Cape Verde Ice Cream Market Revenues & Volume, By Artisanal Ice Cream, 2021-2031F |
6.2 Cape Verde Ice Cream Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Ice Cream Market Revenues & Volume, By Dairy, 2021-2031F |
6.2.3 Cape Verde Ice Cream Market Revenues & Volume, By Non-dairy, 2021-2031F |
6.3 Cape Verde Ice Cream Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Ice Cream Market Revenues & Volume, By On-trade, 2021-2031F |
6.3.3 Cape Verde Ice Cream Market Revenues & Volume, By Off-trade, 2021-2031F |
6.3.4 Cape Verde Ice Cream Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.5 Cape Verde Ice Cream Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.6 Cape Verde Ice Cream Market Revenues & Volume, By Specialist Stores, 2021-2031F |
6.3.7 Cape Verde Ice Cream Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Cape Verde Ice Cream Market Import-Export Trade Statistics |
7.1 Cape Verde Ice Cream Market Export to Major Countries |
7.2 Cape Verde Ice Cream Market Imports from Major Countries |
8 Cape Verde Ice Cream Market Key Performance Indicators |
8.1 Average spending on ice cream per capita |
8.2 Number of ice cream outlets in Cape Verde |
8.3 Percentage of market share held by premium ice cream brands |
9 Cape Verde Ice Cream Market - Opportunity Assessment |
9.1 Cape Verde Ice Cream Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Ice Cream Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Cape Verde Ice Cream Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Ice Cream Market - Competitive Landscape |
10.1 Cape Verde Ice Cream Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Ice Cream Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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