A process for preparing a mate extract, a mate beverage base formulation
and a mate beverage are disclosed. The mate extract is rich in natural
caffeine, theobromine, theophylline and antioxidant compounds without the
addition of preservatives and synthetic materials and is used to make a
mate beverage base formulation. The mate beverage base formulation may be
used to make mate beverages, such as carbonated mate beverages.