| Product Code: ETC6691009 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of Cape Verde vanilla saw a steady growth in 2024, with Portugal, Senegal, Egypt, Spain, and the United Kingdom emerging as the top exporting countries. The market concentration remained high, indicating a competitive landscape. The impressive CAGR of 18.75% from 2020 to 2024 demonstrates the increasing demand for vanilla in Cape Verde. Although the growth rate slightly slowed in 2024 compared to the previous year, the market still shows promising opportunities for vanilla importers in the country.

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 Vanilla (B2C) Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Vanilla (B2C) Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Vanilla (B2C) Market - Industry Life Cycle |
3.4 Cape Verde Vanilla (B2C) Market - Porter's Five Forces |
3.5 Cape Verde Vanilla (B2C) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Vanilla (B2C) Market Revenues & Volume Share, By Origin, 2021 & 2031F |
3.7 Cape Verde Vanilla (B2C) Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Cape Verde Vanilla (B2C) Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Cape Verde Vanilla (B2C) Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 Cape Verde Vanilla (B2C) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for natural and premium ingredients in food products |
4.2.2 Growing awareness and preference for products sourced sustainably and ethically |
4.2.3 Rising interest in exotic flavors and ingredients in the culinary industry |
4.3 Market Restraints |
4.3.1 Fluctuations in vanilla bean prices due to supply chain disruptions and climate change |
4.3.2 Intense competition from synthetic vanilla substitutes |
4.3.3 Challenges related to ensuring consistent quality and availability of vanilla beans in Cape Verde |
5 Cape Verde Vanilla (B2C) Market Trends |
6 Cape Verde Vanilla (B2C) Market, By Types |
6.1 Cape Verde Vanilla (B2C) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Madagascar, 2021- 2031F |
6.1.4 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Mexican, 2021- 2031F |
6.1.5 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Synthetic Origin, 2021- 2031F |
6.1.6 Cape Verde Vanilla (B2C) Market Revenues & Volume, By India, 2021- 2031F |
6.1.7 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Indonesian, 2021- 2031F |
6.1.8 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Tahitian, 2021- 2031F |
6.1.9 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Papua New Guinea, 2021- 2031F |
6.1.10 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Papua New Guinea, 2021- 2031F |
6.2 Cape Verde Vanilla (B2C) Market, By Origin |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Natural, 2021- 2031F |
6.2.3 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.3 Cape Verde Vanilla (B2C) Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Supermarket, 2021- 2031F |
6.3.3 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Hypermarket, 2021- 2031F |
6.3.4 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.3.5 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Retail Stores, 2021- 2031F |
6.3.6 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Online, 2021- 2031F |
6.3.7 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cape Verde Vanilla (B2C) Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Liquid, 2021- 2031F |
6.4.3 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Powder, 2021- 2031F |
6.4.4 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Paste, 2021- 2031F |
6.5 Cape Verde Vanilla (B2C) Market, By Grade |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Grade A (30% Moisture), 2021- 2031F |
6.5.3 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Grade B (20% Moisture), 2021- 2031F |
6.5.4 Cape Verde Vanilla (B2C) Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Vanilla (B2C) Market Import-Export Trade Statistics |
7.1 Cape Verde Vanilla (B2C) Market Export to Major Countries |
7.2 Cape Verde Vanilla (B2C) Market Imports from Major Countries |
8 Cape Verde Vanilla (B2C) Market Key Performance Indicators |
8.1 Percentage of consumers willing to pay a premium for products containing Cape Verde vanilla |
8.2 Number of partnerships with local farmers and cooperatives for sustainable vanilla sourcing |
8.3 Growth in the number of Cape Verde vanilla-based product launches in the market |
8.4 Level of customer satisfaction and loyalty related to Cape Verde vanilla products |
8.5 Adoption rate of Cape Verde vanilla by renowned chefs and culinary experts in their recipes |
9 Cape Verde Vanilla (B2C) Market - Opportunity Assessment |
9.1 Cape Verde Vanilla (B2C) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Vanilla (B2C) Market Opportunity Assessment, By Origin, 2021 & 2031F |
9.3 Cape Verde Vanilla (B2C) Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Cape Verde Vanilla (B2C) Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Cape Verde Vanilla (B2C) Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 Cape Verde Vanilla (B2C) Market - Competitive Landscape |
10.1 Cape Verde Vanilla (B2C) Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Vanilla (B2C) 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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