Global Yerba Mate Market: Industry Analysis and Forecast (2019-2026)

 Global Yerba Mate Market was valued at US$ 1.37 Bn in 2019 and is expected to reach US$ 3.98 Bn by 2026, at a CAGR of 14.26% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

 

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Global Yerba Mate Market Segment Analysis

Based on the form type, the powder segment is expected to hold the largest share in the market during the forecast period. In terms of application food and beverage, this segment is expected to lead the market growth in the forecast period owing to rising usage for tea. Also, the cosmetic and personal care industry is estimated to boost the market growth owing to its many benefits for health.

On the basis of a distribution channel, online segment is estimated to hold the largest share in the market during the forecast period owing to an online retailer who provides more discounts and wider options to purchase. The online platform has become so popular because of its home delivery option.
Global Yerba Mate Market Dynamics

Yerba mate has antioxidants that boost the immune system and this is also propelling the market growth. Growing demand for healthy substitutes over tea & other energy drink, benefits as a dietary supplement are surging the market demand. The rising usage of yerba mate for physical and mental health is further driving the market growth across the globe.

Yerba mate consumption is rising in the cosmetic & personal care industry for hair care and skincare are other factors boosting the market. The rising e-Commerce industry in the cosmetic and personal care industry is also propelling the growth of this market. The growing permeation of social media such as Facebook, Instagram, Twitter, and other healthcare blogs are increasing awareness about health, which is boosting the growth of the global yerba mate market.
Global Yerba Mate Market Regional Insights

In terms of region, Asia Pacific is expected to hold the largest share in the market during the forecast period owing to the rising middle-class population, changing living standards of the consumers, and increasing awareness regarding health. The cosmetic & personal care industry is expected to propel the market demand during the forecast period in the region. Especially, India and China are surging the market growth in the food & beverage and cosmetic & personal care industry owing to the rising middle-class population and influence of western lifestyle.
The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
Global Yerba Mate Market, Key Highlights:

• Global Yerba Mate Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Global Yerba Mate Market
• Global Yerba Mate Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Yerba Mate Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Yerba Mate Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning, and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion, and competitive landscape of the key players operating in the Global Yerba Mate Market are also profiled.
The Scope of the Report for Yerba Mate Market: Inquire before buying

Global Yerba Mate Market, by Form Type

• Powder
• Liquid Concentrate
• Others
Global Yerba Mate Market, by Application

• Food and Beverage
• Dietary Supplement
• Cosmetic & Personal Care
• Functional Food
• Other
Global Yerba Mate Market, by Distribution Channel

• Offline
• Online
Global Yerba Mate Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Yerba Mate Market Key Players

• Pure Leaf Naturals
• ECOTEAS
• Yuyo Drinks Ltd.
• Playadito
• Santo Pipó
• LauroRaatz
• Aguantadora
• Kraus Yerba Mate
• CBSe
• Romance
• Rosamonte
• Selecta
• La Virginia
• Triunfo
• Mate Factor
• Wisdom Natural
• Guyaki
• Amanda
• Andresito
• Molinos
• Canarias
• La Tranquera

Global Exterior Doors Market

 

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