Global Yerba Mate Market Size, By Form, Application, End-Use, By Region, Trend Analysis, Market Competition Scenario & Projection, 2020-2027
|出版商||Blueweave Consulting & Research Private Limited||商品編碼||954894|
|出版日期||內容資訊||英文 171 Pages
|ierubamate的市場規模:形狀，用途，最終用途，各地區，趨勢分析，市場競爭模式與預測(2020年∼2027年) Global Yerba Mate Market Size, By Form, Application, End-Use, By Region, Trend Analysis, Market Competition Scenario & Projection, 2020-2027|
|出版日期: 2020年07月01日||內容資訊: 英文 171 Pages||
Global Yerba Mate Market Size, By Form (Liquid Concentrate, Powder And Others), Application (Food And Beverage, Dietary Supplement, Cosmetic & Personal Care, Functional Food And Others), End-Use (Retail And Industrial), By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa), Trend Analysis, Market Competition Scenario & Projection, 2020-2027.
The Global Yerba Mate Market estimated at USD 1224.97 million in 2019, and is anticipated to reach USD 1611.97 million by 2026, at a 4.0% CAGR of during the projection period.
It offers several health benefits as it is rich in numerous nutrients such as polyphenols, antioxidants, amino acids, vitamins, and minerals. It strengthens the immunity system, helps control diabetes, and mitigates the risk of heart diseases. The leaves are dehydrated over a fire and sopped in hot water for relishing its content. The taste of Yerba mate can be enhanced by blending various flavors like pomegranate, grapefruit, etc. These added flavors drive towards its more consumption.
The multiple applications of Yerba mate open up high-income opportunities for players in the food market. However, its excess can cause anxiety and impatience, high blood pressure, sleeplessness, and nausea. And, this apprehension may limit market growth.
Among the form segments, the powder segment dominates the worldwide market in terms of revenue and will continue the same during the forecast years. Rising use of Yerba mate in powdered form as a dietary supplement and its quick absorption by the body are the factors that will induce its demand during the upcoming period.
Based on the application, the food & beverage segment is the single biggest user of the Yerba mate, contributing to the market substantially in terms of revenue. It is expected to maintain its supremacy over the prediction period due to increasing usage of Yerba mate as an ingredient in multiple beverages and herbal tea. Its medicinal properties and health benefits drive its usage in this segment assuring its growth.
Increasing interest in invigorating ancillary drinks such as espresso, tea, and other caffeinated beverages drives the market demand for yerba mate worldwide. Its application to revive energy system and physical and emotional well-being further fuels its demand over the globe. The chemical mixes and nutrients in Yerba mate tea allow convenient absorption of starch in the body and also assist in cell reinforcements that help to support an immune system.
The presence of cannabidiol (CBD) as an element in Yerba mate enhances its sale-ability and acceptance. CBD carries anti-inflammatory properties and offers soothing effects to the human mind and body. It acts as an excellent nervous system stimulant and is beneficial in treating depression, headaches, and fatigue in patients who have Parkinson's disease and cancer. The combination of CBD and Yerba mate helps harmonize the effects of mateine, a strong caffeine-like component in Yerba mate. Thus, CBD's increasing recognition and importance as a constituent of Yerba mate will fuel the market's development during the prediction period.
Countries in South America, such as Uruguay, Argentina, and Brazil, are major Yerba mate producing countries worldwide. Argentina is also the primary consumer of Yerba mate and will continue to dominate this market. Growing requests for yerba mate in countries such as France, Germany, and the US is also an encouraging factor for the growth of the yerba mate market in these regions. The market in Europe and North America are expected to register profitable development in terms of revenue during forthcoming years. The thriving retail sector in countries such as India and China, combined with altering food habits, is expected to augment the yerba mate market in the Asia Pacific region.
The leading companies in this market are located in South America especially in Argentina and Uruguay. The market comprises major companies such as LasMarias, Amanda, Andresito, Molinos, Canarias, LaTranquera, Playadito, SantoPipo, Lauro Raatz, Barao, Aguantadora and others.