The yerba mate market is forecasted to grow by USD 333 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the yerba mate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing consumer awareness about health benefits of yerba mate, rising product launches, and rising popularity of yerba mates outside South America.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.23%
CAGR
4.5%
Incremental Value
$333 mn
Technavio's yerba mate market is segmented as below:
By Distribution Channel
Offline
Online
By Geographical Landscape
South America
Middle East and Africa
North America
APAC
Europe
This study identifies the increasing on-premise sales of yerba mate beverages in North America as one of the prime reasons driving the yerba mate market growth during the next few years. Also, growing emphasis on sustainable production practices and rising prominence of CBD as an ingredient in yerba mate will lead to sizable demand in the market.
The report on the yerba mate market covers the following areas:
Yerba mate market sizing
Yerba mate market forecast
Yerba mate market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading yerba mate market vendors that include A. Holliday and Co. Inc., Aguantadora, ArtfulTea, Coco Tea Co., Fusion Teas, GEMYNO SAS, Guayaki, HRENUK SA, Kraus SA, LAS Marias Establishment, Liebig Colony Agricultural Cooperative, Monte Carlo Mixed Agricultural Cooperative Ltd., PepsiCo Inc., RDV Products, Tango Foods SA, The Coca Cola Co., Triunfo do Brasil Ltda., and Wisdom Natural Brands. Also, the yerba mate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Yerba Mate Market 2018 - 2022
Historic Market Size - Data Table on Global Yerba Mate Market 2018 - 2022 ($ million)
4.2 Distribution Channel segment analysis 2018 - 2022