| Product Code: ETC6673898 | 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 market for cannabis gummies in Cape Verde saw significant growth in 2024, with top exporting countries being Spain, Portugal, Netherlands, Turkey, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 27.89% from 2020 to 2024 reflects the increasing demand for cannabis products in the region. Additionally, the growth rate of 20.8% in 2024 demonstrates a continued upward trend in import shipments, highlighting the market`s potential for further expansion and opportunity.

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 Cannabis Gummies Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Cannabis Gummies Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Cannabis Gummies Market - Industry Life Cycle |
3.4 Cape Verde Cannabis Gummies Market - Porter's Five Forces |
3.5 Cape Verde Cannabis Gummies Market Revenues & Volume Share, By Concentration, 2021 & 2031F |
3.6 Cape Verde Cannabis Gummies Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cape Verde Cannabis Gummies Market Revenues & Volume Share, By Preparation, 2021 & 2031F |
3.8 Cape Verde Cannabis Gummies Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Cape Verde Cannabis Gummies Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Cape Verde Cannabis Gummies Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and acceptance of cannabis products for medicinal and recreational purposes in Cape Verde. |
4.2.2 Growing trend towards natural and organic products, leading consumers to opt for cannabis gummies as a healthier alternative. |
4.2.3 Rising demand for convenient and discreet consumption methods, making cannabis gummies a popular choice among consumers. |
4.3 Market Restraints |
4.3.1 Regulatory challenges and legal restrictions surrounding the production, sale, and consumption of cannabis products in Cape Verde. |
4.3.2 Limited availability and access to quality raw materials for manufacturing cannabis gummies in the local market. |
5 Cape Verde Cannabis Gummies Market Trends |
6 Cape Verde Cannabis Gummies Market, By Types |
6.1 Cape Verde Cannabis Gummies Market, By Concentration |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Cannabis Gummies Market Revenues & Volume, By Concentration, 2021- 2031F |
6.1.3 Cape Verde Cannabis Gummies Market Revenues & Volume, By High, 2021- 2031F |
6.1.4 Cape Verde Cannabis Gummies Market Revenues & Volume, By Low, 2021- 2031F |
6.2 Cape Verde Cannabis Gummies Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Cannabis Gummies Market Revenues & Volume, By Solid Edible, 2021- 2031F |
6.2.3 Cape Verde Cannabis Gummies Market Revenues & Volume, By Topical Edible, 2021- 2031F |
6.2.4 Cape Verde Cannabis Gummies Market Revenues & Volume, By Inhalation, 2021- 2031F |
6.2.5 Cape Verde Cannabis Gummies Market Revenues & Volume, By Liquid Edible, 2021- 2031F |
6.3 Cape Verde Cannabis Gummies Market, By Preparation |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Cannabis Gummies Market Revenues & Volume, By Cannabidiol, 2021- 2031F |
6.3.3 Cape Verde Cannabis Gummies Market Revenues & Volume, By Tetrahydrocannabinol, 2021- 2031F |
6.4 Cape Verde Cannabis Gummies Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Cannabis Gummies Market Revenues & Volume, By Cancer, 2021- 2031F |
6.4.3 Cape Verde Cannabis Gummies Market Revenues & Volume, By Epilepsy, 2021- 2031F |
6.4.4 Cape Verde Cannabis Gummies Market Revenues & Volume, By Arthritis, 2021- 2031F |
6.4.5 Cape Verde Cannabis Gummies Market Revenues & Volume, By Multiple Sclerosis, 2021- 2031F |
6.4.6 Cape Verde Cannabis Gummies Market Revenues & Volume, By Alzheimer, 2021- 2031F |
6.4.7 Cape Verde Cannabis Gummies Market Revenues & Volume, By Anorexia, 2021- 2031F |
6.5 Cape Verde Cannabis Gummies Market, By Distribution channel |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Cannabis Gummies Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Cape Verde Cannabis Gummies Market Revenues & Volume, By Offline, 2021- 2031F |
7 Cape Verde Cannabis Gummies Market Import-Export Trade Statistics |
7.1 Cape Verde Cannabis Gummies Market Export to Major Countries |
7.2 Cape Verde Cannabis Gummies Market Imports from Major Countries |
8 Cape Verde Cannabis Gummies Market Key Performance Indicators |
8.1 Consumer perception and acceptance of cannabis gummies as a mainstream product. |
8.2 Number of new entrants and investments in the Cape Verde cannabis gummies market. |
8.3 Growth in the variety and innovation of cannabis gummies products in the market. |
8.4 Number of retail outlets and online platforms offering cannabis gummies in Cape Verde. |
8.5 Level of government support and initiatives promoting the cannabis industry in Cape Verde. |
9 Cape Verde Cannabis Gummies Market - Opportunity Assessment |
9.1 Cape Verde Cannabis Gummies Market Opportunity Assessment, By Concentration, 2021 & 2031F |
9.2 Cape Verde Cannabis Gummies Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cape Verde Cannabis Gummies Market Opportunity Assessment, By Preparation, 2021 & 2031F |
9.4 Cape Verde Cannabis Gummies Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Cape Verde Cannabis Gummies Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Cape Verde Cannabis Gummies Market - Competitive Landscape |
10.1 Cape Verde Cannabis Gummies Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Cannabis Gummies 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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