Yerba mate is a Holly species with the scientific name IIex paraguariensis. It is a plant that is used to make mate beverage as well as for therapeutic uses. It is used to treat chronic fatigue syndrome (CFS) as well as to relieve physical and mental tiredness. It is commonly used orally to improve mood, reduce depressive symptoms, and strengthen bones. It is also effective in the treatment of kidney stones, excessive cholesterol, diabetes, and urinary tract infections (UTIs). Argentina's southern and central countries, Paraguay, southern Chile, and central-western Brazil are traditional yerba mate drinking locations. The yerba mate market is expected to expand significantly over the forecast period (2019-2027), owing to increased consumer demand for the product as a consequence of its health advantages and new product releases.
The deleterious effects of yerba mate use are expected to have a considerable impact on the yerba mate market. Yerba mate is beneficial to your health when consumed in moderation. However, consuming yerba mate in large quantities over an extended period of time may have serious health consequences. Latin America accounted for 82.2% of the global yerba mate market's revenue in 2018, and it is anticipated that it will continue to dominate over the forecast period. Throughout the projection period, it is expected that the region's significant market presence will increase yerba mate market revenue. Food and drink, dietary supplements, cosmetics and personal care products, as well as functional food products, all contain yerba mate. A growing number of people are using yerba mate as a food supplement as people become more health conscious. The introduction of yerba mate as a dietary supplement is the focus of major industrial actors.
The global Yerba Mate Market is anticipated to increase in revenue between 2019 and 2027 at a CAGR of 3.1%.
Prominent Companies in the Yerba Mate Industry:
1. Pure Leaf Naturals
Pure Leaf Naturals was founded in 2020 and headquartered in Colorado, United States. It operates in more than 200 countries and territories around the world.
2. Ecoteas
Ecoteas was founded in 2000 and headquartered in Ashland, Oregon. It operates in. A brand-new bottled beverage prepared with clean-energy yerba mate, hibiscus, and a dash of salt will be released in November 2022 by ECOTEAS, the master of organic and fair-trade yerba mate. With the earthy, grassy flavor of yerba mate and the floral, delicate features of hibiscus, the vibrant cool beverage delights.
3. Yuyo Drinks Ltd
Yuyo Drinks Ltd was founded in 2013 and headquartered in Montpellier, France. It operates in different countries. In May 2019, the UK-based yerba mate infusions brand YUYO DRINKS LTD1's global rights were acquired by German mate maker META MATE2. The two organic and ethical brands are joining forces, and they will base most of their operations in Berlin.
4. Mate Factor
Mate Factor was founded in 1998 and headquartered in Carolina, 28803, United States. It operates in Argentina, Paraguay, Uruguay, and southern Brazil as well as in Syria and parts of Lebanon.
5. Wisdom Natural Brands
Wisdom Natural Brands was founded in 1982 and headquartered in Arizona, US. It operates in more than 30 countries. The whole SweetLeaf Organic Monk Fruit range of products won the Most Innovative Idea and Product Award in July 2021, according to Brian Jensen, Marketing & Brand Director for Wisdom Natural Brands®. Jensen received this prestigious prize thanks to the product's formulation, delectable, award-winning taste, fantastic consumer solution, and outstanding packaging.
6. LA Virginia S.A.
LA Virginia S.A. was founded in 1915 and headquartered in Santa Fe Province, 2000, Argentina. It operates in.
7. Guayaki Sustainable Rainforest Products, Inc
Guayaki Sustainable Rainforest Products, Inc was founded in 1996 and headquartered in United States, Canada. It operates in countries throughout the world. Guayak Yerba Mate, the market leader in yerba mate beverages, announced the debut of Peach Revival in March 2023. It is currently available in stores all throughout the country. Fans may enjoy the yerba mate beverage they love, with low sugar and full caffeine, thanks to customers' appreciation for the cooling flavor of peach.
*Definition: Mate, also referred to as yerba mate, is a well-liked brew similar to coffee or tea. It is produced from the leaves of the Ilex paraguariensis plant and contains caffeine. The muscles that line blood vessels, the brain, the heart, and other organs can all be stimulated by caffeine and other ingredients present in yerba mate.
