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Yerba Mate Market is poised to touch USD 1553 million by 2022

November 15
23:35 2018

Yerba Mate Market | Research Cosmos
Asia will remain a potential market attributed to the growing economies of India and China. In addition, the significant potential of Yerba mate on the market can be attributed to its various uses.

Yerba Mate Market Overview:

Yerba mate is an herbal tea made from leaves and twigs of the plant Ilex paraguariensis. The leaves are usually dried over fire and then immersed in hot water to make tea. Yerba mate is traditionally consumed in a container called calabash and is drunk with a metal straw with a filter at its lower end to filter leaf fragments. Yerba mate is a traditional South American beverage that is gaining popularity around the world and is growing. It is said that it has the strength of coffee, the benefits of tea on health and gives the joy of chocolate. Yerba mate is a central nervous system stimulant that contains caffeine, but also contains a number of other nutrients, such as antioxidants, amino acids, polyphenols, vitamins and minerals. Yerba mate is presented as an effective and safe nervous system stimulant with very few side effects and many health benefits.

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Yerba Mate Market was valued at USD 1297 million in 2017 and poised to touch USD 1553 million by 2022 growing at a CAGR of 10.62% during the forecast period 2017 to 2022.

Yerba Mate Market Drivers and Restraints:

Supporters of yerba mate tea say that the minerals, vitamins, antioxidants, amino acids and polyphenols contained in this drink have a balancing effect on the caffeine it contains, which increases mental energy, clarity and concentration. The chemical compounds and nutrients found in yerba mate tea affect metabolism so that the body uses carbohydrates more efficiently. This means that we will be getting more energy from the food we eat. Yerba mate aids digestion by stimulating increased production of bile and other stomach acids. Yerba mate helps keep the colon clean for effective waste disposal and helps reduce stomach bacteria that can contribute to bad breath. The antioxidants and amino acids found in yerba mate help the fat and cholesterol to move in the blood, so that they do not accumulate in the arterial walls. Yerba mate also helps prevent arteriosclerosis (hardening of the arteries) and prevent blood clots that can cause a heart attack or stroke.

Yerba Mate Market Geographical Segmentation:

From geographical point of view, market is segmented into Europe, North America, Latin America, Middle East and Africa, and Asia Pacific regions.

Asian countries, such as India, Indonesia, Singapore, Malaysia, Sri Lanka and others are the main exporters, as well as manufacturers of the Yerba mate market, followed by North America and Europe. Countries such as the United States, Germany, the United Kingdom, China, Saudi Arabia, France and others have witnessed most imports. Asia will remain a potential market attributed to the growing economies of India and China. In addition, the significant potential of Yerba mate on the market can be attributed to its various uses.

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Key Players of Yerba Mate Market:

Las Marías, Amanda, Andresito, Molinos, Canarias, La Tranquera, Playadito, Santo Pipó, Lauro Raatz, Barão, Aguantadora, Kraus Yerba Mate, CBSe, Romance, RosamonteECOTEAS, Pure Leaf Naturals, Guyaki, and Yuyo Drinks Ltd are some of the major players of the Yerba Mate Market.

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