World functional food and beverage market: yerba mate and tea

May, 2024

This report explores the world tea and yerba mate markets, as part of the functional beverage universe. It analyses the prospects of production, consumption and exports at the global level and identifies those markets with which Argentina has trade complementarity, with a view to a greater diversification of our export destinations.

The world market for functional beverages is a growing market with very good projections for the coming years, which will allow the development and consumption of products derived from tea and yerba mate, especially in the differentiated and premium segments.

In the case of yerba mate, a greater demand is expected from the cosmetic and pharmaceutical industry for the preparation of herbal formulas and products.