Key Market Indicators
Cabo Verde's animal feed imports are projected to increase to approximately 3.1 million kilograms by 2028, according to recent data. This marks a rise from the current 2.9 million kilograms imported in 2023, reflecting an average annual growth rate of 1%. Since 2002, the demand for animal feed in Cabo Verde has shown a steady upward trend, with an average yearly increase of 2.3%. This consistent growth highlights the country's expanding agricultural sector and the increasing need for animal feed to support it.