| Product Code: ETC6687733 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for rice protein-based infant formula in Cape Verde continued to show strong growth in 2024, with top exporting countries being Portugal, Netherlands, Brazil, Spain, and Senegal. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the compound annual growth rate (CAGR) of 2.63% from 2020-2024 reflects steady expansion. Notably, the impressive growth rate of 6.64% from 2023-2024 suggests increasing demand and opportunities for market players in the infant formula sector.

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 Rice Protein Based Infant Formula Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Rice Protein Based Infant Formula Market - Industry Life Cycle |
3.4 Cape Verde Rice Protein Based Infant Formula Market - Porter's Five Forces |
3.5 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Cape Verde Rice Protein Based Infant Formula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of rice protein-based infant formula in Cape Verde |
4.2.2 Growing demand for plant-based and allergen-free infant formula products |
4.2.3 Government initiatives promoting the use of locally sourced ingredients in infant nutrition products |
4.3 Market Restraints |
4.3.1 Limited availability of rice protein-based infant formula in the market |
4.3.2 High production costs associated with manufacturing rice protein-based infant formula in Cape Verde |
4.3.3 Consumer preference for traditional dairy-based infant formula products |
5 Cape Verde Rice Protein Based Infant Formula Market Trends |
6 Cape Verde Rice Protein Based Infant Formula Market, By Types |
6.1 Cape Verde Rice Protein Based Infant Formula Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume, By Standard Formula, 2021- 2031F |
6.1.4 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume, By Toddler Formula, 2021- 2031F |
6.2 Cape Verde Rice Protein Based Infant Formula Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume, By Non-GMO, 2021- 2031F |
6.2.3 Cape Verde Rice Protein Based Infant Formula Market Revenues & Volume, By GMO, 2021- 2031F |
7 Cape Verde Rice Protein Based Infant Formula Market Import-Export Trade Statistics |
7.1 Cape Verde Rice Protein Based Infant Formula Market Export to Major Countries |
7.2 Cape Verde Rice Protein Based Infant Formula Market Imports from Major Countries |
8 Cape Verde Rice Protein Based Infant Formula Market Key Performance Indicators |
8.1 Percentage increase in the number of health campaigns promoting rice protein-based infant formula |
8.2 Average monthly sales growth of rice protein-based infant formula products |
8.3 Number of new product launches in the rice protein-based infant formula segment |
8.4 Percentage of infants using rice protein-based infant formula as their primary source of nutrition |
8.5 Consumer satisfaction levels with rice protein-based infant formula products |
9 Cape Verde Rice Protein Based Infant Formula Market - Opportunity Assessment |
9.1 Cape Verde Rice Protein Based Infant Formula Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Rice Protein Based Infant Formula Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Cape Verde Rice Protein Based Infant Formula Market - Competitive Landscape |
10.1 Cape Verde Rice Protein Based Infant Formula Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Rice Protein Based Infant Formula Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |