| Product Code: ETC6688304 | 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 |
In 2024, Cape Verde saw a significant increase in serum import shipments, with top exporters including Portugal, Areas, nes, and Italy. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a dominant presence of these key exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 44.96%, showcasing a rapidly expanding market. Furthermore, the growth rate in 2024 alone surged by 23.32%, underlining the continued momentum in the serum import sector for Cape Verde.

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 Serum Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Serum Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Serum Market - Industry Life Cycle |
3.4 Cape Verde Serum Market - Porter's Five Forces |
3.5 Cape Verde Serum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Serum Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Serum Market Revenues & Volume Share, By Inactivation Technique, 2021 & 2031F |
3.8 Cape Verde Serum Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Cape Verde Serum Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cape Verde Serum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Serum Market Trends |
6 Cape Verde Serum Market, By Types |
6.1 Cape Verde Serum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Serum Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Serum Market Revenues & Volume, By Bovine Serum, 2021- 2031F |
6.1.4 Cape Verde Serum Market Revenues & Volume, By FBS, 2021- 2031F |
6.1.5 Cape Verde Serum Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Cape Verde Serum Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Serum Market Revenues & Volume, By Biological Products, 2021- 2031F |
6.2.3 Cape Verde Serum Market Revenues & Volume, By Research, 2021- 2031F |
6.2.4 Cape Verde Serum Market Revenues & Volume, By Cell Culture, 2021- 2031F |
6.2.5 Cape Verde Serum Market Revenues & Volume, By Biopharmaceutical Drugs, 2021- 2031F |
6.2.6 Cape Verde Serum Market Revenues & Volume, By Vaccine Products, 2021- 2031F |
6.2.7 Cape Verde Serum Market Revenues & Volume, By Diagnostic Products, 2021- 2031F |
6.3 Cape Verde Serum Market, By Inactivation Technique |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Serum Market Revenues & Volume, By Heat Inactivated, 2021- 2031F |
6.3.3 Cape Verde Serum Market Revenues & Volume, By Non-Heat Inactivated, 2021- 2031F |
6.4 Cape Verde Serum Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Serum Market Revenues & Volume, By Direct Channel, 2021- 2031F |
6.4.3 Cape Verde Serum Market Revenues & Volume, By Distribution Channel, 2021- 2031F |
6.5 Cape Verde Serum Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Serum Market Revenues & Volume, By Biopharmaceutical and Biotechnology Industry, 2021- 2031F |
6.5.3 Cape Verde Serum Market Revenues & Volume, By Diagnostics Laboratories, 2021- 2031F |
6.5.4 Cape Verde Serum Market Revenues & Volume, By Research Laboratories, 2021- 2031F |
6.5.5 Cape Verde Serum Market Revenues & Volume, By Academic Research, 2021- 2031F |
7 Cape Verde Serum Market Import-Export Trade Statistics |
7.1 Cape Verde Serum Market Export to Major Countries |
7.2 Cape Verde Serum Market Imports from Major Countries |
8 Cape Verde Serum Market Key Performance Indicators |
9 Cape Verde Serum Market - Opportunity Assessment |
9.1 Cape Verde Serum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Serum Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Serum Market Opportunity Assessment, By Inactivation Technique, 2021 & 2031F |
9.4 Cape Verde Serum Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Cape Verde Serum Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cape Verde Serum Market - Competitive Landscape |
10.1 Cape Verde Serum Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Serum 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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