Global Yerba Mate Market is valued USD 3935.3 million in 2016 is anticipated to grow USD 1310 million with the compounded annual growth of 13% over the forecast period 2018-2025.
New York 27 September 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Yerba Mate Market industry is poised to raise USD 3935.3 billion by 2025 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. Yerba mate market can be segmented into form, application, and distribution channel.
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The industry is seeming to be fairly competitive. Some of the leading market include Las Marias, Amanda, Andresito, Molinos, Canarias, La Tranquera., Playadito, Santo Pipo, Laura Raatz, Barao., Aquantadora, Kraus Yerba Mate, CBSe, Romance., Rosamonte, Selecta, LA Virginia, Triunfo, Mate Factor, Wisdom Natural, ECOTEAS and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The South Asian countries such as India, Indonesia, Singapore, Malaysia, Sri Lanka and others lead as the top exporters as well as manufacturers of the benzoin essential oil market followed by North America and Europe.
- Most imports have been witnessed by the countries like U.S, Germany, U.K, China, Saudi Arabia, France, and others.
. Bizwit Research & Consulting LLP has considered following segments for the study:
By Form:
- Liquid Concrete
- Powder & Other
By Distribution Channel:
- Hypermarket/Supermarket
- Specialized Drug Store
- Convenience Store & Other
Regional Outlook:
- North America
- Europe
- Asia Pacific
- Latin America
- Rest of the World
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