| Product Code: ETC5338370 | 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 decline in growth rate from 2023 to 2024, Cape Verde`s import of plant-based meat products continued to show a healthy Compound Annual Growth Rate (CAGR) of 9.03% over the period of 2020-2024. The top exporting countries to Cape Verde in 2024 were Portugal, Spain, Italy, Netherlands, and the United States of America, indicating a strong interest and demand for plant-based alternatives in the region. The high Herfindahl-Hirschman Index (HHI) concentration suggests a competitive market landscape, with potential for further expansion and diversification 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 Plant Based Meat Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Plant Based Meat Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Plant Based Meat Market - Industry Life Cycle |
3.4 Cape Verde Plant Based Meat Market - Porter's Five Forces |
3.5 Cape Verde Plant Based Meat Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Cape Verde Plant Based Meat Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Cape Verde Plant Based Meat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Cape Verde Plant Based Meat Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.9 Cape Verde Plant Based Meat Market Revenues & Volume Share, By Storage, 2021 & 2031F |
4 Cape Verde Plant Based Meat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness about the benefits of plant-based diets |
4.2.2 Growing concern for animal welfare and environmental sustainability |
4.2.3 Government initiatives promoting plant-based products as part of a sustainable food system |
4.3 Market Restraints |
4.3.1 Limited availability of plant-based meat products in Cape Verde |
4.3.2 High prices of plant-based meat compared to conventional meat products |
4.3.3 Lack of consumer awareness and acceptance of plant-based meat alternatives |
5 Cape Verde Plant Based Meat Market Trends |
6 Cape Verde Plant Based Meat Market Segmentations |
6.1 Cape Verde Plant Based Meat Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Plant Based Meat Market Revenues & Volume, By Soy, 2021-2031F |
6.1.3 Cape Verde Plant Based Meat Market Revenues & Volume, By Pea, 2021-2031F |
6.1.4 Cape Verde Plant Based Meat Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.5 Cape Verde Plant Based Meat Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Plant Based Meat Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Plant Based Meat Market Revenues & Volume, By Burgers, 2021-2031F |
6.2.3 Cape Verde Plant Based Meat Market Revenues & Volume, By Sausages, 2021-2031F |
6.2.4 Cape Verde Plant Based Meat Market Revenues & Volume, By Patties, 2021-2031F |
6.2.5 Cape Verde Plant Based Meat Market Revenues & Volume, By Nuggets, Tenders & Cutlets, 2021-2031F |
6.2.6 Cape Verde Plant Based Meat Market Revenues & Volume, By Grounds, 2021-2031F |
6.2.7 Cape Verde Plant Based Meat Market Revenues & Volume, By Others, 2021-2031F |
6.2.10 Cape Verde Plant Based Meat Market Revenues & Volume, By Lamb Meat Products, 2021-2031F |
6.3 Cape Verde Plant Based Meat Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Plant Based Meat Market Revenues & Volume, By Chicken, 2021-2031F |
6.3.3 Cape Verde Plant Based Meat Market Revenues & Volume, By Pork, 2021-2031F |
6.3.4 Cape Verde Plant Based Meat Market Revenues & Volume, By Beef, 2021-2031F |
6.3.5 Cape Verde Plant Based Meat Market Revenues & Volume, By Fish, 2021-2031F |
6.3.6 Cape Verde Plant Based Meat Market Revenues & Volume, By Others, 2021-2031F |
6.3.10 Cape Verde Plant Based Meat Market Revenues & Volume, By Goat Meat Products, 2021-2031F |
6.4 Cape Verde Plant Based Meat Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Plant Based Meat Market Revenues & Volume, By Retail, 2021-2031F |
6.4.3 Cape Verde Plant Based Meat Market Revenues & Volume, By HORECA (Hotel/Restaurant/Cafe), 2021-2031F |
6.5 Cape Verde Plant Based Meat Market, By Storage |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Plant Based Meat Market Revenues & Volume, By Refrigerated Plant-based Meat, 2021-2031F |
6.5.3 Cape Verde Plant Based Meat Market Revenues & Volume, By Frozen Plant-based Meat, 2021-2031F | 6.5.4 Cape Verde Plant Based Meat Market Revenues & Volume, By Shelf-stable Plant-based Meat, 2021-2031F |
7 Cape Verde Plant Based Meat Market Import-Export Trade Statistics |
7.1 Cape Verde Plant Based Meat Market Export to Major Countries |
7.2 Cape Verde Plant Based Meat Market Imports from Major Countries |
8 Cape Verde Plant Based Meat Market Key Performance Indicators |
8.1 Percentage increase in the number of plant-based meat product offerings in the market |
8.2 Growth in the number of restaurants and food outlets offering plant-based meat options |
8.3 Increase in media coverage and social media engagement related to plant-based meat in Cape Verde |
9 Cape Verde Plant Based Meat Market - Opportunity Assessment |
9.1 Cape Verde Plant Based Meat Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Cape Verde Plant Based Meat Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Cape Verde Plant Based Meat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Cape Verde Plant Based Meat Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.5 Cape Verde Plant Based Meat Market Opportunity Assessment, By Storage, 2021 & 2031F |
10 Cape Verde Plant Based Meat Market - Competitive Landscape |
10.1 Cape Verde Plant Based Meat Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Plant Based Meat 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.
To discover high-growth global markets and optimize your business strategy:
Click Here