Global Yerba Mate Market Overview:
Yerba mate is also called Ilex paraguariensis, which is used for making a beverage named mate. It consist of with various flavors such as pomegranate, grapefruit, etc. that’s enhanced in making the consumer more inclined towards its consumption. Additionally, Yerba mate contains high levels of antioxidants and nutrients that are beneficial for human health. It also contains vitamin E, vitamin C, selenium, zinc, saponins, that have natural anti-inflammatory properties.
- Rising Consumption of Yerba Mate as a Healthy Beverages among Individuals Boost the Market Growth
- Customer Preference towards Health Benefits Products
- Rising Demand from Asia Pacific Regions
- Increasing Demand for Organic Based Products
- Side Effects Associated with Yerba Mate Such as Vomiting and Others
- Lack of Awareness among Customers
- Wide Availability of Various Flavour Based Yerba Mate
- Increasing Demand from Dietary Supplements and Cosmetic & Personnel Care Products
- Availability of Substitutes Products Such as Coffee, Tea and Other Energy Drink
- Product Recall Hamper the Market Growth
Some of the key players profiled in the report are ECOTEAS (Argentina), Guyaki (United States), Pure Leaf Naturals (United States), Yuyo Drinks Ltd. (United Kingdom), La Virginia(Argentina), Mate Factor (United States), Amanda (Sweden), LauroRaatz (Paraguay) and Triunfo (Brazil). Considering Market by Form, the sub-segment i.e. Powder will boost the Yerba Mate market. Considering Market by End User, the sub-segment i.e. Industrial will boost the Yerba Mate market.
Matero acquired project Mate. This acquisition will strengthen the market presence and beneficial for importing and distributing quality brands and connecting with customers.
In January 2020, Wild Kombucha launched an Icaro Yerba Maté Line which is beneficial in providing delicious handcrafted beverage that provides a pleasant, lightly caffeinated energy boost, plus an array of beneficial polyphenols.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Yerba Mate market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Yerba Mate market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Yerba Mate Manufacturers, End-Use Market Participants of Different Segments of Yerba Mate, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.