Thailand Yerba Mate Market | Industry, Companies, Size, Value, Growth, Revenue, COVID-19 IMPACT, Share, Forecast, Analysis & Trends

Thailand Yerba Mate Market Synopsis

Thailand yerba mate market is relatively small compared to other countries in Asia, such as China and Japan. Retail sales of yerba mate in Thailand were estimated at about $3.5 million USD in 2020. This is a growth of almost 6% from 2019 when the market size was valued at around $3.3 million USD. The majority of this growth came from an increase in online sales which account for nearly 40% of total consumption. Online retailing has made it easier for consumers to purchase yerba mate products without leaving their homes or offices, thus increasing demand and leading to the observed market growth over the last year.

Drivers of the Market

The Thailand yerba mate market is fueled by the growing interest in herbal and alternative beverages. Yerba mate is known for its potential health benefits and stimulating properties, aligning with consumer preferences for functional and wellness-focused drinks.

Challenges of the Market

In the Thailand yerba mate market, educating consumers about this traditional South American beverage and its potential health benefits can be challenging. Yerba mate might be less familiar to Thai consumers, necessitating efforts to raise awareness and promote its unique qualities.

Trends & Oppourtunites of the Market

With an increasing interest in global beverages, the yerba mate market presents opportunities. Introducing yerba mate products, both traditional and adapted to local preferences, could capture a segment of the adventurous consumer base.

COVID-19 Impact on the Market

The Thailand Yerba Mate Market faced challenges in supply chain disruptions and export limitations, impacting the availability of this South American herbal drink. While the local market showed interest, global restrictions affected imports.

Key Players in the Market

The Thailand yerba mate market involves key players like Yerba Mate Thailand, providing consumers with a source of traditional South American yerba mate and promoting its potential health benefits.

Key Highlights of the Report:

• Thailand Yerba Mate Market Outlook
• Market Size of Thailand Yerba Mate Market, 2023
• Forecast of Thailand Yerba Mate Market, 2030
• Historical Data and Forecast of Thailand Yerba Mate Revenues & Volume for the Period 2020-2030
• Thailand Yerba Mate Market Trend Evolution
• Thailand Yerba Mate Market Drivers and Challenges
• Thailand Yerba Mate Price Trends
• Thailand Yerba Mate Porter's Five Forces
• Thailand Yerba Mate Industry Life Cycle
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Powder for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Concentrate for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Applications for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Dietary Supplements for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Functional Foods for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Food & Beverage for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Cosmetics & Personal Care for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Retails Stores for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Hyper Market for the Period 2020-2030
• Historical Data and Forecast of Thailand Yerba Mate Market Revenues & Volume By Online Sites for the Period 2020-2030
• Thailand Yerba Mate Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By Distribution Channel
• Thailand Yerba Mate Top Companies Market Share
• Thailand Yerba Mate Competitive Benchmarking By Technical and Operational Parameters
• Thailand Yerba Mate Company Profiles
• Thailand Yerba Mate Key Strategic Recommendations