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The global Yerba Mate Tea market was valued at US$ 1657.6 million in 2022 and is projected to reach US$ 2226.7 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Yerba mate is made from the naturally caffeinated and nourishing leaves of the celebrated South American rainforest holly tree (Ilex paraguariensis).
Yerba Mate has the strength of coffee, the health benefits of tea, and the euphoria of chocolate" all in one beverage. Of the six commonly used stimulants in the world: coffee, tea, kola nut, cocoa and guarana, yerba mate triumphs as the most balanced, delivering both energy and nutrition.
Yerba mate is the national drink of Argentina, Paraguay, Uruguay, and Southern Brazil where it is consumed 6 to 1 over coffee.
This report aims to provide a comprehensive presentation of the global market for Yerba Mate Tea, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Yerba Mate Tea. This report contains market size and forecasts of Yerba Mate Tea in global, including the following market information:
Global Yerba Mate Tea Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
Global Yerba Mate key players include Las Maras, Amanda, Andresito, Molinos, La Tranquera, etc. Global top five manufacturers hold a share over 35%. South America is the largest market, with a share over 85%, followed by USA, and Middle East, both have a share over 10 percent. In terms of product, Normal Yerba Mate is the largest segment, with a share over 90%. And in terms of application, the largest application is Below 18 age, followed by 30-50 age, 18-30 age, Other 50 age.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Yerba Mate Tea companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:

• Powder
• Liquid Concentrate
• Leaves

• Food & Beverage
• Functional Foods
• Cosmetics & Personal Care
• Dietary Supplements
• Others

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Yerba Mate Tea revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Yerba Mate Tea revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Pure Leaf Naturals
• Guayaki
• Yuyo Drinks Ltd.
• ECOTEAS
• Mate Factor
• Establecimiento Las Maras
• Kraus

Outline of Major Chapters:
Chapter 1: Introduces the definition of Yerba Mate Tea, market overview.
Chapter 2: Global Yerba Mate Tea market size in revenue.
Chapter 3: Detailed analysis of Yerba Mate Tea company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Yerba Mate Tea in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.