| Product Code: ETC5213084 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde`s seaweed import market continues to thrive in 2024, with top exporting countries including Spain, Portugal, Italy, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, offering opportunities for strategic partnerships and market expansion. The impressive compound annual growth rate (CAGR) of 41.24% from 2020 to 2024 highlights the sustained momentum in the industry. Moreover, the growth rate of 43.33% from 2023 to 2024 signals a robust upward trajectory, making Cape Verde an attractive destination for seaweed importers and investors.

The Seaweed market in Cabo Verde is projected to grow at a growing growth rate of 7.94% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Nigeria and Morocco, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Seaweed Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Seaweed Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Seaweed Market - Industry Life Cycle |
3.4 Cape Verde Seaweed Market - Porter's Five Forces |
3.5 Cape Verde Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Seaweed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of seaweed consumption |
4.2.2 Growing demand for natural and organic ingredients in food and cosmetic industries |
4.2.3 Favorable government policies supporting seaweed cultivation and processing |
4.3 Market Restraints |
4.3.1 Limited availability of skilled labor for seaweed farming and processing |
4.3.2 Environmental factors such as climate change affecting seaweed production |
4.3.3 Lack of infrastructure for efficient seaweed harvesting and processing |
5 Cape Verde Seaweed Market Trends |
6 Cape Verde Seaweed Market Segmentations |
6.1 Cape Verde Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Seaweed Market Revenues & Volume, By Red, 2021-2031F |
6.1.3 Cape Verde Seaweed Market Revenues & Volume, By Brown, 2021-2031F |
6.1.4 Cape Verde Seaweed Market Revenues & Volume, By Green, 2021-2031F |
6.2 Cape Verde Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Seaweed Market Revenues & Volume, By Human Food, 2021-2031F |
6.2.3 Cape Verde Seaweed Market Revenues & Volume, By Hydrocolloids, 2021-2031F |
6.2.4 Cape Verde Seaweed Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.5 Cape Verde Seaweed Market Revenues & Volume, By Animal Feed Additives, 2021-2031F |
6.2.6 Cape Verde Seaweed Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Seaweed Market Import-Export Trade Statistics |
7.1 Cape Verde Seaweed Market Export to Major Countries |
7.2 Cape Verde Seaweed Market Imports from Major Countries |
8 Cape Verde Seaweed Market Key Performance Indicators |
8.1 Percentage increase in seaweed cultivation area in Cape Verde |
8.2 Average yield per hectare of seaweed harvested |
8.3 Number of new product developments incorporating Cape Verde seaweed |
8.4 Investment in seaweed research and development |
8.5 Adoption rate of sustainable seaweed farming practices |
9 Cape Verde Seaweed Market - Opportunity Assessment |
9.1 Cape Verde Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Seaweed Market - Competitive Landscape |
10.1 Cape Verde Seaweed Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Seaweed 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