Yerba mate is a species of the holly genus (Ilex), with the botanical name Ilex paraguariensis A. St.-Hil. Mate tea is traditionally consumed in central and southern regions of South America, primarily in Paraguay, as well as in Argentina, Uruguay, southern and central-western Brazil, the Gran Chaco of Bolivia and southern Chile.
This report contains market size and forecasts of Yerba Mate Tea in Global, including the following market information:
Global Yerba Mate Tea Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Yerba Mate Tea market was valued at 1657.6 million in 2021 and is projected to reach US$ 2213.9 million by 2028, at a CAGR of 4.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Powder Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Yerba Mate Tea include Pure Leaf Naturals, Guayaki, Yuyo Drinks Ltd., ECOTEAS, Mate Factor, Establecimiento Las Maras and Kraus, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Yerba Mate Tea companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Yerba Mate Tea Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Yerba Mate Tea Market Segment Percentages, by Type, 2021 (%)
Powder
Liquid Concentrate
Leaves
Global Yerba Mate Tea Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Yerba Mate Tea Market Segment Percentages, by Application, 2021 (%)
Food & Beverage
Functional Foods
Cosmetics & Personal Care
Dietary Supplements
Others
Global Yerba Mate Tea Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Yerba Mate Tea Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Yerba Mate Tea revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Yerba Mate Tea revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Pure Leaf Naturals
Guayaki
Yuyo Drinks Ltd.
ECOTEAS
Mate Factor
Establecimiento Las Maras
Kraus