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Yerba Mate Market - Trends and Forecasts upto 2027

The global yerba mate market was valued at US$ 1,251.0 Mn in 2018, and is expected to register a CAGR of 3.1%, in terms of revenue over the forecast period (2019 to 2027), to reach US$ 1,641.0 Mn by 2027.<br><br>

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Yerba Mate Market - Trends and Forecasts upto 2027

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  1. Yerba Mate Market - Trends and Forecasts up to 2027 Yerba mate is a species of the Holly genus with botanical name IIex paraguariensis. It is a plant used to make beverage known as mate and is also used for medication purposes. In addition to this, it is also used to relieve physical and mental fatigue along with chronic fatigue syndrome (CFS). It is often consumed orally and helps in improving mood, reduce symptoms of depression, and strengthening bones. It is also effective against high cholesterol, diabetes, and urinary tract infections (UTIs), and kidney stones. Yerba mate is traditionally consumed in southern and central regions of South America such as Argentina, Paraguay, southern Chile, and central-western Brazil. The market for yerba mate is expected to record substantial growth over the forecast period (2019-2027), attributing to increasing demand for yerba mate due to its health benefits and new product launches. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2744 The global yerba mate market was valued at US$ 1,251.0 Mn in 2018, and is expected to register a CAGR of 3.1%, in terms of revenue over the forecast period (2019 to 2027), to reach US$ 1,641.0 Mn by 2027. Major players operating in the global yerba mate market include, Pure Leaf Naturals, Ecoteas, Yuyo Drinks Ltd, Mate Factor, Kraus, Wisdom Natural Brands, LA Virginia S.A., and Guayaki Sustainable Rainforest Products, Inc. Key industry players are focused on adopting strategies such as mergers & acquisitions and marketing through campaigns & social media platforms in order to expand their market share. For instance, in March 2017, Yuyo Drinks launched Yerba Mate campaign in the U.K. The company, through various

  2. social media platforms, shared videos and tweeted the information about the campaign. Moreover, the company arranged testing session of Yuyo drinks that are manufactured using yerba mate. For More Information: ​https://tinyurl.com/y2j87h9r About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: ​sales@coherentmarketinsights.com

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