Key Market Indicators
Cabo Verde is poised to see a significant increase in pet food imports over the next five years. According to recent projections, the nation’s pet food imports are expected to reach approximately 750,000 kilograms by 2028. This marks a notable rise from the current import volume of around 630,000 kilograms in 2023. The projected growth rate for these imports stands at an average of 2.8% annually. This trend reflects a steady increase in demand, which has been on the rise since 2002. Over the past two decades, Cabo Verde has experienced an average annual growth rate of 3.7% in pet food imports. The consistent upward trajectory underscores the growing pet ownership and the increasing importance of pet care in Cabo Verde.