| Product Code: ETC5046302 | 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 |
Despite a decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, the import shipments of rennet to Cape Verde continued to be dominated by top exporting countries such as France, Portugal, Spain, Italy, and China. The high Herfindahl-Hirschman Index (HHI) concentration in 2024 indicates a market with significant barriers to entry and strong competition among the leading exporting nations. The negative growth rate in 2024 compared to the previous year suggests potential challenges or shifts in the market dynamics that may have impacted the import of rennet to Cape Verde.

The Rennet market in Cabo Verde is projected to grow at a stable growth rate of 1.44% 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.

The rennet market in Cape Verde is essential for the dairy industry, providing enzymes used in cheese production to coagulate milk. Rennet is crucial for producing various types of cheese with specific textures and flavors. The market is expected to grow as the dairy industry expands and the demand for cheese products increases.
The rennet market in Cape Verde is influenced by the demand for rennet in cheese production. Rennet is an enzyme used to coagulate milk, playing a crucial role in cheese-making. The market growth is driven by the increasing demand for cheese and dairy products, advancements in rennet production technology, and the growing preference for natural and organic ingredients.
The rennet market in Cape Verde faces challenges due to the limited demand from the dairy industry, which is the primary consumer of rennet for cheese production. High costs associated with importing rennet and the lack of local production facilities further constrain market growth. Additionally, there is limited awareness about the benefits of using high-quality rennet in improving cheese yield and quality, which can reduce market penetration.
The rennet market in Cape Verde is shaped by government policies that support the growth of the dairy and food processing industries. The government is encouraging the use of rennet in cheese production to enhance the quality and variety of dairy products. Regulatory measures are being implemented to ensure the safety and quality of rennet used in food production. Despite supportive policies, the market faces challenges such as high import costs and limited local production capabilities, prompting the government to provide incentives for investment in local manufacturing.
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 Rennet Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Rennet Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Rennet Market - Industry Life Cycle |
3.4 Cape Verde Rennet Market - Porter's Five Forces |
3.5 Cape Verde Rennet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Rennet Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Cape Verde Rennet Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.8 Cape Verde Rennet Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Cape Verde Rennet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Rennet Market Trends |
6 Cape Verde Rennet Market Segmentations |
6.1 Cape Verde Rennet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Rennet Market Revenues & Volume, By Animal-derived Rennet, 2021-2031F |
6.1.3 Cape Verde Rennet Market Revenues & Volume, By Microbial Rennet, 2021-2031F |
6.1.4 Cape Verde Rennet Market Revenues & Volume, By Fermentation Produced Chymosin Rennet, 2021-2031F | 6.1.6 Cape Verde Rennet Market Revenues & Volume, By Vegetable Rennet, 2021-2031F |
6.2 Cape Verde Rennet Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Rennet Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.3 Cape Verde Rennet Market Revenues & Volume, By Powder, 2021-2031F |
6.2.4 Cape Verde Rennet Market Revenues & Volume, By Paste, 2021-2031F |
6.3 Cape Verde Rennet Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Rennet Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Cape Verde Rennet Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Cape Verde Rennet Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 Cape Verde Rennet Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.6 Cape Verde Rennet Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cape Verde Rennet Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Rennet Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Cape Verde Rennet Market Revenues & Volume, By Offline, 2021-2031F |
7 Cape Verde Rennet Market Import-Export Trade Statistics |
7.1 Cape Verde Rennet Market Export to Major Countries |
7.2 Cape Verde Rennet Market Imports from Major Countries |
8 Cape Verde Rennet Market Key Performance Indicators |
9 Cape Verde Rennet Market - Opportunity Assessment |
9.1 Cape Verde Rennet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Rennet Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Cape Verde Rennet Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.4 Cape Verde Rennet Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Cape Verde Rennet Market - Competitive Landscape |
10.1 Cape Verde Rennet Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Rennet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |