| Product Code: ETC6687738 | 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 import of rice snacks to Cape Verde in 2024 continued to be dominated by top exporting countries such as Portugal, Spain, Brazil, Netherlands, and France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 33.79% from 2020 to 2024 underscores the increasing demand for rice snacks in Cape Verde. Additionally, the growth rate of 11.92% from 2023 to 2024 suggests a sustained momentum in the market, making it an attractive sector for further analysis and investment opportunities.

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 Snacks Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Rice Snacks Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Rice Snacks Market - Industry Life Cycle |
3.4 Cape Verde Rice Snacks Market - Porter's Five Forces |
3.5 Cape Verde Rice Snacks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Rice Snacks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cape Verde Rice Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a preference for healthier snack options. |
4.2.2 Rising disposable income in Cape Verde driving consumer spending on convenient and tasty snacks. |
4.2.3 Growing popularity of rice-based snacks as a gluten-free and versatile snack option. |
4.3 Market Restraints |
4.3.1 Seasonality of rice production impacting the availability and pricing of rice snacks. |
4.3.2 Limited awareness and penetration of rice snacks in Cape Verde compared to traditional snacks. |
4.3.3 Competition from other snack options in the market. |
5 Cape Verde Rice Snacks Market Trends |
6 Cape Verde Rice Snacks Market, By Types |
6.1 Cape Verde Rice Snacks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Rice Snacks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Rice Snacks Market Revenues & Volume, By Rice Cakes, 2021- 2031F |
6.1.4 Cape Verde Rice Snacks Market Revenues & Volume, By Rice Crisps, 2021- 2031F |
6.1.5 Cape Verde Rice Snacks Market Revenues & Volume, By Rice Crackers, 2021- 2031F |
6.1.6 Cape Verde Rice Snacks Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Cape Verde Rice Snacks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Rice Snacks Market Revenues & Volume, By Supermarket, 2021- 2031F |
6.2.3 Cape Verde Rice Snacks Market Revenues & Volume, By Convenience stores, 2021- 2031F |
6.2.4 Cape Verde Rice Snacks Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.5 Cape Verde Rice Snacks Market Revenues & Volume, By Other, 2021- 2031F |
7 Cape Verde Rice Snacks Market Import-Export Trade Statistics |
7.1 Cape Verde Rice Snacks Market Export to Major Countries |
7.2 Cape Verde Rice Snacks Market Imports from Major Countries |
8 Cape Verde Rice Snacks Market Key Performance Indicators |
8.1 Consumer engagement with rice snack marketing campaigns. |
8.2 Number of new product launches and innovations in the rice snack segment. |
8.3 Growth in distribution channels for rice snack products in Cape Verde. |
9 Cape Verde Rice Snacks Market - Opportunity Assessment |
9.1 Cape Verde Rice Snacks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Rice Snacks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cape Verde Rice Snacks Market - Competitive Landscape |
10.1 Cape Verde Rice Snacks Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Rice Snacks 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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