| Product Code: ETC6686891 | 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 |
The import of propionic acid for animal feed in Cape Verde from Portugal continued to dominate the market in 2024, maintaining a high concentration level as indicated by the Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 81.98% from 2020 to 2024 underscores the growing demand for this product in the region. Moreover, the substantial growth rate of 200.37% from 2023 to 2024 suggests a rapid acceleration in market expansion, signaling lucrative opportunities for suppliers and stakeholders in the coming years.

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 Propionic Acid for Animal Feed Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Propionic Acid for Animal Feed Market - Industry Life Cycle |
3.4 Cape Verde Propionic Acid for Animal Feed Market - Porter's Five Forces |
3.5 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Propionic Acid for Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propionic acid as a preservative in animal feed to enhance shelf life and maintain feed quality |
4.2.2 Growing awareness among livestock farmers about the benefits of propionic acid in preventing mold growth and improving animal health |
4.2.3 Rising adoption of propionic acid to reduce feed wastage and improve feed efficiency in animal husbandry practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propionic acid production may impact product pricing and market competitiveness |
4.3.2 Stringent regulations and approvals required for the use of propionic acid in animal feed formulations may hinder market growth |
4.3.3 Competition from alternative preservatives and additives in the animal feed industry could pose a challenge to the market expansion |
5 Cape Verde Propionic Acid for Animal Feed Market Trends |
6 Cape Verde Propionic Acid for Animal Feed Market, By Types |
6.1 Cape Verde Propionic Acid for Animal Feed Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Biotech/Analytical (High Purity), 2021- 2031F |
6.1.4 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Technical (Low Purity), 2021- 2031F |
6.2 Cape Verde Propionic Acid for Animal Feed Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Oxo Process, 2021- 2031F |
6.2.3 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Reppe Process, 2021- 2031F |
6.2.4 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By By-Product Process, 2021- 2031F |
6.3 Cape Verde Propionic Acid for Animal Feed Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Chemical, 2021- 2031F |
6.3.3 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.6 Cape Verde Propionic Acid for Animal Feed Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
7 Cape Verde Propionic Acid for Animal Feed Market Import-Export Trade Statistics |
7.1 Cape Verde Propionic Acid for Animal Feed Market Export to Major Countries |
7.2 Cape Verde Propionic Acid for Animal Feed Market Imports from Major Countries |
8 Cape Verde Propionic Acid for Animal Feed Market Key Performance Indicators |
8.1 Percentage of livestock farmers using propionic acid in animal feed formulations |
8.2 Growth in the number of partnerships and collaborations between propionic acid manufacturers and animal feed producers |
8.3 Adoption rate of propionic acid-based animal feed additives in different livestock segments |
9 Cape Verde Propionic Acid for Animal Feed Market - Opportunity Assessment |
9.1 Cape Verde Propionic Acid for Animal Feed Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Cape Verde Propionic Acid for Animal Feed Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Cape Verde Propionic Acid for Animal Feed Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Propionic Acid for Animal Feed Market - Competitive Landscape |
10.1 Cape Verde Propionic Acid for Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Propionic Acid for Animal Feed 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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