| Product Code: ETC6689263 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde`s spirulina import market continued to show strong growth in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating a concentrated market. The top exporting countries to Cape Verde included Portugal, Senegal, Guinea-Bissau, Spain, and China. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 83.85%, reflecting a robust demand for spirulina in the region. Additionally, the growth rate from 2023 to 2024 was 12.11%, suggesting sustained momentum in the market. The data highlights the growing importance of spirulina imports for Cape Verde`s market.

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 Spirulina Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Spirulina Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Spirulina Market - Industry Life Cycle |
3.4 Cape Verde Spirulina Market - Porter's Five Forces |
3.5 Cape Verde Spirulina Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Spirulina Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Spirulina Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
4 Cape Verde Spirulina Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Spirulina Market Trends |
6 Cape Verde Spirulina Market, By Types |
6.1 Cape Verde Spirulina Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Spirulina Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cape Verde Spirulina Market Revenues & Volume, By Arthrospira Platensis, 2021- 2031F |
6.1.4 Cape Verde Spirulina Market Revenues & Volume, By Arthrospira Maxima, 2021- 2031F |
6.2 Cape Verde Spirulina Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Spirulina Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.2.3 Cape Verde Spirulina Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.4 Cape Verde Spirulina Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.5 Cape Verde Spirulina Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.6 Cape Verde Spirulina Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cape Verde Spirulina Market, By Formulation |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Spirulina Market Revenues & Volume, By Powder, 2021- 2031F |
6.3.3 Cape Verde Spirulina Market Revenues & Volume, By Tablet & Capsule, 2021- 2031F |
6.3.4 Cape Verde Spirulina Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3.5 Cape Verde Spirulina Market Revenues & Volume, By Granule & Gelling Agent, 2021- 2031F |
7 Cape Verde Spirulina Market Import-Export Trade Statistics |
7.1 Cape Verde Spirulina Market Export to Major Countries |
7.2 Cape Verde Spirulina Market Imports from Major Countries |
8 Cape Verde Spirulina Market Key Performance Indicators |
9 Cape Verde Spirulina Market - Opportunity Assessment |
9.1 Cape Verde Spirulina Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Spirulina Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Spirulina Market Opportunity Assessment, By Formulation, 2021 & 2031F |
10 Cape Verde Spirulina Market - Competitive Landscape |
10.1 Cape Verde Spirulina Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Spirulina 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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