Global Yerba Mate Market Growth 2023-2029
Yerba mate is made from the naturally caffeinated and nourishing leaves of the celebrated South American rainforest holly tree (Ilex paraguariensis).
Yerba Mate has the “strength of coffee, the health benefits of tea, and the euphoria of chocolate" all in one beverage. Of the six commonly used stimulants in the world: coffee, tea, kola nut, cocoa and guarana, yerba mate triumphs as the most balanced, delivering both energy and nutrition.
Yerba mate is the national drink of Argentina, Paraguay, Uruguay, and Southern Brazil where it is consumed 6 to 1 over coffee.
LPI (LP Information)' newest research report, the “Yerba Mate Industry Forecast” looks at past sales and reviews total world Yerba Mate sales in 2022, providing a comprehensive analysis by region and market sector of projected Yerba Mate sales for 2023 through 2029. With Yerba Mate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Yerba Mate industry.
This Insight Report provides a comprehensive analysis of the global Yerba Mate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Yerba Mate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Yerba Mate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Yerba Mate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Yerba Mate.
The global Yerba Mate market size is projected to grow from US$ 1576 million in 2022 to US$ 2168.9 million in 2029; it is expected to grow at a CAGR of 2168.9 from 2023 to 2029.
Global Yerba Mate key players include Las Marías, Amanda, Andresito, Molinos, La Tranquera, etc. Global top five manufacturers hold a share over 35%.
South America is the largest market, with a share over 85%, followed by USA, and Middle East, both have a share over 10 percent.
In terms of product, Normal Yerba Mate is the largest segment, with a share over 90%. And in terms of application, the largest application is Below 18 age, followed by 30-50 age, 18-30 age, Other 50 age.
This report presents a comprehensive overview, market shares, and growth opportunities of Yerba Mate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Normal
Organic
Segmentation by application
Below 18 age
18-30 age
30-50 age
Over 50 age
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Las Marías
Amanda
Andresito
Molinos
Canarias
La Tranquera
Playadito
Santo Pipó
Lauro Raatz
Barão
Aguantadora
Kraus Yerba Mate
CBSe
Romance
Rosamonte
Selecta
La Virginia
Triunfo
Mate Factor
Wisdom Natural
ECOTEAS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Yerba Mate market?
What factors are driving Yerba Mate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Yerba Mate market opportunities vary by end market size?
How does Yerba Mate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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