As per this study the Global Yerba Mate Market was valued USD X,XXX.X MN (by revenue) in 2019 and is anticipated to reach USD X,XXX.X MN by 2026 with a CAGR of X%.
Yerba mate is the herbal drink/tea made from the dried leaves of the Ilex paraguariensis plant. Basically, it is originated in South American drink but now is consumed over the globe to boost up the energy. It also helps to relieve from tiredness, fatigue, irregular heartbeat, diabetes, urinary tract infections, low blood pressure and other related health issues. It contains caffeine, therobromine, polyphenol, minerals, antioxidants, aminoacids and other compounds that stimulate the mental focus, aids in weight loss, and enhance physical performance.
Rising demand owing to healthful substitute over coffee, tea and other energy drink is driving the market demand. Yerba mate being rich source of antioxidants, aids to boost immune system is again contributing market growth. Consumption of yerba mate to stimulate vitality, physical and mental health is further boosting its demand across the globe.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of.
The broad yerba mate market has been sub-grouped into form, application and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Liquid Concentrate
- Food And Beverage
- Dietary Supplement
- Cosmetic & Personal Care
- Functional Food
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for yerba mate in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Yerba Mate Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the yerba mate market include ECOTEAS, Guyaki, Pure Leaf Naturals and Yuyo Drinks Ltd. among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.