Cape Verde Seaweed Market (2025-2031) | Companies, Revenue, Outlook, Analysis, Trends, Growth, Industry, Forecast, Share, Size, Segmentation & Value

Market Forecast By Product (Red, Brown, Green), By Application (Human Food, Hydrocolloids, Fertilizers, Animal Feed Additives, Others) And Competitive Landscape
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 Seaweed Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Cape Verde Seaweed Market: Top 5 Importing Countries and Market Competition (HHI) Analysis

Seaweed Market: Cabo Verde vs Top 5 Major Economies in 2027 (Africa)


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.

Seaweed Market: Cabo Verde vs Top 5 Major Economies in 2027 (Africa)

Key Highlights of the Report:

  • Cape Verde Seaweed Market Outlook
  • Market Size of Cape Verde Seaweed Market, 2024
  • Forecast of Cape Verde Seaweed Market, 2031
  • Historical Data and Forecast of Cape Verde Seaweed Revenues & Volume for the Period 2021-2031
  • Cape Verde Seaweed Market Trend Evolution
  • Cape Verde Seaweed Market Drivers and Challenges
  • Cape Verde Seaweed Price Trends
  • Cape Verde Seaweed Porter`s Five Forces
  • Cape Verde Seaweed Industry Life Cycle
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Red for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Brown for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Green for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Human Food for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Hydrocolloids for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Fertilizers for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Animal Feed Additives for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Seaweed Market Revenues & Volume By Others for the Period 2021-2031
  • Cape Verde Seaweed Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Cape Verde Seaweed Top Companies Market Share
  • Cape Verde Seaweed Competitive Benchmarking By Technical and Operational Parameters
  • Cape Verde Seaweed Company Profiles
  • Cape Verde Seaweed Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Cape Verde Seaweed Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Cape Verde Seaweed Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 assessment - trade Analytics for 2030

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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