Global Yerba Mate market will reach 7 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/2

Yerba Maté (Ilex paraguariensis) is a small tree native to the subtropical highlands of Brazil, Paraguay, and Argentina. This evergreen member of the Holly family was introduced to colonizing and modern civilizations by the Guarani Indians of these regions. Yerba Maté is known as the national drink of these countries, and is consumed by millions of South Americans as a healthful alternative to coffee. This stimulating herbal beverage has the unique ability to wake up the mind without the nervousness and jitters associated with coffee. Deemed “The Drink of the Gods” by many indigenous groups in South America, and known as “the green gold of the Indios” by folks in Europe, yerba maté possesses a multitude of health benefits that have begun to attract the attention of American scientists and consumers.

The global Yerba Mate market is valued at 5 million US$ in 2018 and will reach 7 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Yerba Mate market based on company, product type, end user and key regions.

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