| Product Code: ETC4844541 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s malt import market in 2024 continues to be dominated by European countries, with France, Belgium, Portugal, Spain, and Italy leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, offering both opportunities and challenges for stakeholders. Despite a remarkable compound annual growth rate (CAGR) of 26.54% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -6.52%. This data suggests a dynamic market environment that requires strategic planning and adaptation to sustain growth in the malt import sector.

In the Africa region, the Malt market in Cabo Verde is projected to expand at a growing growth rate of 5.09% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The malt market in Cape Verde is growing, particularly in the food and beverage industry. Malt is a key ingredient in brewing beer and distilling spirits, as well as in the production of various food products. The demand for malt is expected to rise as the beverage industry expands and diversifies.
The Cape Verde Malt Market benefits from the growing demand for malt in the brewing and distilling industries. Malt is a key ingredient in beer production and is also used in various food products. The rise in beer consumption, growth in craft brewing, and increasing interest in malt-based food products contribute to market growth.
Challenges in the Cape Verde malt market include high import costs and limited local production facilities. The market suffers from logistical issues and the need for proper storage and handling of malt products. Additionally, there is relatively low demand and consumer awareness of the benefits of malt, which affects market growth. Regulatory constraints and competition from alternative products further impact market dynamics.
The government supports the malt market by promoting local production and ensuring quality standards. Policies focus on enhancing the malt production industry to support brewing and food manufacturing sectors. The government provides incentives for sustainable practices and research into new applications and processes for malt.
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 Malt Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Malt Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Malt Market - Industry Life Cycle |
3.4 Cape Verde Malt Market - Porter's Five Forces |
3.5 Cape Verde Malt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Malt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Malt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Malt Market Trends |
6 Cape Verde Malt Market Segmentations |
6.1 Cape Verde Malt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Malt Market Revenues & Volume, By Malt, 2021-2031F |
6.1.3 Cape Verde Malt Market Revenues & Volume, By Malt Extract, 2021-2031F |
6.1.4 Cape Verde Malt Market Revenues & Volume, By Malt Extract Powder, 2021-2031F |
6.1.5 Cape Verde Malt Market Revenues & Volume, By Malt Flour, 2021-2031F |
6.1.6 Cape Verde Malt Market Revenues & Volume, By Barley malt, 2021-2031F |
6.1.7 Cape Verde Malt Market Revenues & Volume, By Wheat malt, 2021-2031F |
6.2 Cape Verde Malt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Malt Market Revenues & Volume, By Beer Industry? , 2021-2031F |
6.2.3 Cape Verde Malt Market Revenues & Volume, By Whisky Distilleries, 2021-2031F |
6.2.4 Cape Verde Malt Market Revenues & Volume, By Food industry? , 2021-2031F |
6.2.5 Cape Verde Malt Market Revenues & Volume, By Beverages? , 2021-2031F |
6.2.6 Cape Verde Malt Market Revenues & Volume, By Pharmaceutical industry, 2021-2031F |
7 Cape Verde Malt Market Import-Export Trade Statistics |
7.1 Cape Verde Malt Market Export to Major Countries |
7.2 Cape Verde Malt Market Imports from Major Countries |
8 Cape Verde Malt Market Key Performance Indicators |
9 Cape Verde Malt Market - Opportunity Assessment |
9.1 Cape Verde Malt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Malt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Malt Market - Competitive Landscape |
10.1 Cape Verde Malt Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Malt 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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