| Product Code: ETC5208163 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to rely on imports of processed food, with top exporting countries being Portugal, Spain, Netherlands, Brazil, and the United Arab Emirates. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw a healthy compound annual growth rate (CAGR) of 8.05% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -7.8%, signaling potential challenges or shifts in the market dynamics for processed food imports in Cape Verde.

By 2027, Cabo Verde's Processed Food market is forecasted to achieve a exponential growth rate of 16.51%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.

The processed food market in Cape Verde encompasses a wide range of food products that are prepared and packaged for convenience, including canned goods, frozen foods, and ready-to-eat meals. This market is driven by changing consumer lifestyles, urbanization, and the growing demand for convenient and long-lasting food options. As the population`s dietary preferences evolve, the processed food market is expected to see continued growth.
The processed food market in Cape Verde is influenced by the demand for convenient, ready-to-eat, and longer-lasting food products. Processed foods offer convenience and extended shelf life, catering to busy lifestyles. The growth in urbanization, changing dietary habits, and the rise in disposable income drive the demand for processed foods.
The processed food market in Cape Verde encounters challenges including high import costs and limited local manufacturing capabilities. There is a need for specialized technology and infrastructure to support food processing that are not readily available locally. The market faces competition from global suppliers and alternative food products. Supply chain logistics and distribution issues further impact the availability and cost of processed foods in the local market.
To support the processed food market, the government might focus on promoting the use of high-quality and safe food products. Policies could include providing support for local production, setting standards for food safety and quality, and encouraging research into new processing technologies and applications.
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 Processed Food Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Processed Food Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Processed Food Market - Industry Life Cycle |
3.4 Cape Verde Processed Food Market - Porter's Five Forces |
3.5 Cape Verde Processed Food Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Cape Verde Processed Food Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.7 Cape Verde Processed Food Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Processed Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to a higher demand for convenience foods |
4.2.2 Growing disposable income of the population |
4.2.3 Rising awareness about health and wellness leading to a shift towards processed foods with healthier ingredients |
4.3 Market Restraints |
4.3.1 Price sensitivity of the consumers |
4.3.2 Dependence on imports for raw materials, leading to vulnerability to external factors like currency fluctuations and supply chain disruptions |
5 Cape Verde Processed Food Market Trends |
6 Cape Verde Processed Food Market Segmentations |
6.1 Cape Verde Processed Food Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Processed Food Market Revenues & Volume, By Minimally, 2021-2031F |
6.1.3 Cape Verde Processed Food Market Revenues & Volume, By Highly, 2021-2031F |
6.2 Cape Verde Processed Food Market, By Product type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Processed Food Market Revenues & Volume, By Plant based, 2021-2031F |
6.2.3 Cape Verde Processed Food Market Revenues & Volume, By Fruits , 2021-2031F | 6.2.4 Cape Verde Processed Food Market Revenues & Volume, By Vegetables, 2021-2031F |
6.2.5 Cape Verde Processed Food Market Revenues & Volume, By Legumes , 2021-2031F |
6.2.6 Cape Verde Processed Food Market Revenues & Volume, By Extracted foods, 2021-2031F |
6.2.7 Cape Verde Processed Food Market Revenues & Volume, By Others, 2021-2031F |
6.2.8 Cape Verde Processed Food Market Revenues & Volume, By Milk , 2021-2031F |
6.2.9 Cape Verde Processed Food Market Revenues & Volume, By Milk , 2021-2031F |
6.3 Cape Verde Processed Food Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Processed Food Market Revenues & Volume, By Baked foods, 2021-2031F |
6.3.3 Cape Verde Processed Food Market Revenues & Volume, By Baby food, 2021-2031F |
6.3.4 Cape Verde Processed Food Market Revenues & Volume, By Breakfast Cereal, 2021-2031F |
6.3.5 Cape Verde Processed Food Market Revenues & Volume, By Biscuits, 2021-2031F |
6.3.6 Cape Verde Processed Food Market Revenues & Volume, By Cheese, 2021-2031F |
6.3.7 Cape Verde Processed Food Market Revenues & Volume, By Chocolate confectionary, 2021-2031F |
6.3.8 Cape Verde Processed Food Market Revenues & Volume, By Instant Noodles, 2021-2031F |
6.3.9 Cape Verde Processed Food Market Revenues & Volume, By Instant Noodles, 2021-2031F |
7 Cape Verde Processed Food Market Import-Export Trade Statistics |
7.1 Cape Verde Processed Food Market Export to Major Countries |
7.2 Cape Verde Processed Food Market Imports from Major Countries |
8 Cape Verde Processed Food Market Key Performance Indicators |
8.1 Number of new product launches catering to health-conscious consumers |
8.2 Growth in the number of distribution channels for processed foods |
8.3 Percentage increase in per capita consumption of processed foods in Cape Verde |
9 Cape Verde Processed Food Market - Opportunity Assessment |
9.1 Cape Verde Processed Food Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Cape Verde Processed Food Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.3 Cape Verde Processed Food Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Processed Food Market - Competitive Landscape |
10.1 Cape Verde Processed Food Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Processed Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |