| Product Code: ETC12929615 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Cape Verde`s marzipan import market in 2024 continued to be dominated by key players such as Portugal, Spain, Brazil, France, and the United States. The Herfindahl-Hirschman Index (HHI) showed a slightly reduced but still high concentration level from 2023 to 2024. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 7.81%. The market dynamics suggest a competitive landscape with room for potential shifts in the coming years.

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 Marzipan Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Marzipan Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Marzipan Market - Industry Life Cycle |
3.4 Cape Verde Marzipan Market - Porter's Five Forces |
3.5 Cape Verde Marzipan Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Marzipan Market Revenues & Volume Share, By Almond Content, 2021 & 2031F |
3.7 Cape Verde Marzipan Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Cape Verde Marzipan Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Marzipan Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for unique and premium confectionery products |
4.2.2 Growing popularity of specialty desserts and pastries incorporating marzipan |
4.2.3 Expansion of tourism industry in Cape Verde leading to higher demand for local delicacies like marzipan |
4.3 Market Restraints |
4.3.1 Seasonality of marzipan market due to its association with holidays and special occasions |
4.3.2 Dependency on imported raw materials for marzipan production leading to fluctuating costs |
5 Cape Verde Marzipan Market Trends |
6 Cape Verde Marzipan Market, By Types |
6.1 Cape Verde Marzipan Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Marzipan Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cape Verde Marzipan Market Revenues & Volume, By Traditional, 2021 - 2031F |
6.1.4 Cape Verde Marzipan Market Revenues & Volume, By Low-Sugar, 2021 - 2031F |
6.1.5 Cape Verde Marzipan Market Revenues & Volume, By Flavored, 2021 - 2031F |
6.2 Cape Verde Marzipan Market, By Almond Content |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Marzipan Market Revenues & Volume, By 50-70% Almonds, 2021 - 2031F |
6.2.3 Cape Verde Marzipan Market Revenues & Volume, By 30-50% Almonds, 2021 - 2031F |
6.2.4 Cape Verde Marzipan Market Revenues & Volume, By Added Chocolate, 2021 - 2031F |
6.3 Cape Verde Marzipan Market, By Packaging Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Marzipan Market Revenues & Volume, By Boxed, 2021 - 2031F |
6.3.3 Cape Verde Marzipan Market Revenues & Volume, By Pouches, 2021 - 2031F |
6.3.4 Cape Verde Marzipan Market Revenues & Volume, By Bulk, 2021 - 2031F |
6.4 Cape Verde Marzipan Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Marzipan Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.4.3 Cape Verde Marzipan Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.4.4 Cape Verde Marzipan Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
7 Cape Verde Marzipan Market Import-Export Trade Statistics |
7.1 Cape Verde Marzipan Market Export to Major Countries |
7.2 Cape Verde Marzipan Market Imports from Major Countries |
8 Cape Verde Marzipan Market Key Performance Indicators |
8.1 Percentage of repeat marzipan purchases by consumers |
8.2 Number of new marzipan product introductions in the market |
8.3 Average consumer spending on marzipan products |
8.4 Percentage of marzipan sales through online channels |
8.5 Consumer satisfaction ratings for marzipan products |
9 Cape Verde Marzipan Market - Opportunity Assessment |
9.1 Cape Verde Marzipan Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Marzipan Market Opportunity Assessment, By Almond Content, 2021 & 2031F |
9.3 Cape Verde Marzipan Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.4 Cape Verde Marzipan Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Marzipan Market - Competitive Landscape |
10.1 Cape Verde Marzipan Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Marzipan 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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