Global Yerba Mate Market 2019|Trends & Forecast-2023, Industry Analysis by Regions, Market Landscape with CAGR of 3%
The Yerba Mate Market in Europe, Asia Pacific, North America, Middle East, and Africa, Latin America and China appear to be highly fragmented due to the presence of several international, regional, and local vendors. Yerba Mate providers compete intensely in terms of price, quality, regulatory compliance, and innovation. To attain a competitive advantage over the other players, the vendors are focusing on technological innovations and RandD investments. The high growth potential of the market encourages the entry of several start-ups and adoption of inorganic strategies and this will, in turn, impact the performance of the vendors in the Food, Beverage and Tobacco, Food Products, Meats Sector.
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Global Yerba Mate Market: About this market
Yerba mate refers to a plant species that belongs to the holly genus with the botanical name IIex paraguariensis. Yerba mate-based beverages are growing in popularity as an alternative to other plant-based beverages such as tea and coffee. Researchers yerba mate market analysis considers sales from both offline and online. Our analysis also considers the sales of yerba mate in APAC, Europe, MEA, North America, and South America. In 2018, the offline segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing acceptance of yerba mate-based beverages as a healthy alternative to coffee-based and tea-based drinks will play a significant role in the offline segment to maintain its market position. Also, our global yerba mate market report also looks at factors such as growing consumer awareness about the health benefits of yerba mate, product launches, the rising popularity of yerba mate outside South America. However, the impact of overconsumption, growing production and regulatory constraints, the threat of alternate beverages may hamper the growth of the yerba mate industry over the forecast period.
Yerba MateMarket 2019 Trend, Challengeand Driver: –
Global Yerba Mate Market: Overview
- Growing consumer awareness about the health benefits of yerba mate
- Growing consumer awareness about the several health benefits of yerba mate has aided the rise in demand for yerba mate globally over the last few years. Yerba mate is a rich source of polyphenols, xanthines, and saponins. Moreover, yerba mate is rich in minerals such as zinc, potassium, copper, aluminum, and manganese and contains vitamins 61, 62, and C. Owing to its health benefits, yerba mate is increasingly being perceived by consumers as a viable alternative to tea and coffee. Owing to the rising awareness about the health benefits of yerba mate among consumers is expected to drive the global yerba mate market at a CAGR of almost 4% during the forecast period.
- The rising prominence of CBD as an ingredient in yerba mate
- CBD, which is the medical component, acts as an excellent nervous system stimulant and is known to be beneficial in treating headaches, fatigue, and depression in patients with ailments, such as Parkinson’s disease and cancer. The infusion of CBD also helps in balancing the effects of mateine, a strong caffeine-like component in yerba mate. Overall, the exploration of CBD as a viable ingredient in yerba mate is expected to aid new product development and boost the growth of the global yerba mate market during the forecast period.
- For the detailed list of factors that will drive the global yerba mate market during the forecast period 2019-2023, click here.
- With the presence of several major players, the global yerba mate market is fragmented. Technavio’s robust 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 manufacturers, that include ESTABLISHMENT DIEZ HERMANOS HREÑUK SA, Guayaki Sustainable Rainforest Products Inc., Las Marías, Lauro Raatz SA, and Mate Revolution Inc.
- 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 on all forthcoming growth opportunities.
- North America(UnitedStates, Canada, andMexico)
- Europe(Germany, France, UK, Russia, andItaly)
- Asia-Pacific(China, Japan, Korea, India, andSoutheast Asia)
- South America(Brazil, Argentina, Colombia)
- The MiddleEast and Africa(Saudi Arabia, UAE, Egypt, Nigeria, andSouth Africa)
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List Of Key vendorsoperating in 2019 Yerba Mate market space are
ESTABLISHMENT DIEZ HERMANOS HREÑUK SA, Guayaki Sustainable Rainforest Products Inc., Las Marías, Lauro Raatz SA, and Mate Revolution Inc.
Consumer Landscape: –
The key to any successful business is understanding the new demands of the customers and keeping a close watch on the changing model of the client base. The more you engage with your client base, the clearer you are about the most productive ways in which to hook your ideal customer. Predicting what your customers want, even before they themselves know about it, is the first step to profitable innovation.
This Yerba Mate market 2019 research is a result of: –
- Qualitative analysis: -Yerba Mate Market drivers, 2019 Market challenges, Market trends, Five forces analysis.
- Quantitative analysis: -Yerba Mate Market size and forecast, 2019 Market segmentation, Geographical insights, Competitive landscape.
- Primary research: – Yerba Mate Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.
- Secondary research: -Yerba Mate Manufacturers/suppliers, Channel partners, Industry experts, Strategic decision makers.
- Data synthesis:- Collation of data, Estimation of key figures, Analysis of derived insights.
- Data validation:- Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.
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Table of Contents included in Yerba Mate Market 2019 Report –
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Base year
- Forecast period
- Market coverage
- Market size calculation
- Geographical segmentation
- Vendor segmentation
PART 03: Research Methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
PART 06: Market segmentation by end-user industry
PART 07: Market segmentation by application
PART 08: Geographical Segmentation
PART 09: A Decision framework
PART 10: Impact of drivers and challengesAnd Many More Parts Covered.
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