Kratom is a tropical tree native to Southeast Asia. Kratom extract is a dietary supplement that may make people feel energized or relaxed.

The global Kratom Extract market was valued at US$ 278.23 million in 2024. It is anticipated to reach US$ 504.59 million by 2031, witnessing a CAGR of 8.0% during the forecast period 2025-2031.

Figure00001. Global Kratom Extract Market Size (US$ Million), 2020-2031

Source: QYResearch, "Kratom Extract - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Figure00002. Global Kratom Extract Top 10 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Source: QYResearch, "Kratom Extract - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

According to QYResearch Top Players Research Center, the global key manufacturers of Kratom Extract include MIT45, VivaZen, Happy Hippo, Koi CBD, Kratomade, Kats Botanicals, DBZ Enterprises (K-Chill, Kryptic), Club13 Herbals, Kraken Kratom, Super Speciosa, etc. In 2024, the global top 10 players had a share approximately 68.0% in terms of revenue.

In terms of product type, currently Liquid is the largest segment, hold a share of 36.1%.

In terms of product application, currently Offline is the largest segment, hold a share of 59.9%.

Kratom Extract Industry Trends

Increasing competition: With the continuous entry of new companies and the high degree of homogeneity of many companies' products, market competition will become more intense in the future, and even more severe price competition trends.

Growing Online Sales: With the rise of e-commerce platforms, many kratom extract manufacturers and retailers are expanding their online presence to reach a wider audience. Online sales of kratom extract products are expected to continue to grow as consumers seek convenience and access to a variety of products.

Product Innovation: manufacturers are constantly innovating and introducing new kratom extract products to cater to consumer preferences and demands. This includes new formulations, flavors, and delivery methods such as capsules, powders, and liquid extracts.

Kratom Extract Market Drivers

D1: Kratom has become an important commodity in North America as a substitute for the highly addictive opium in reducing pain and anxiety disorders.

D2: the rising prevalence of chronic pain, anxiety, and other health issues is also driving the demand for kratom extract as it is believed to have pain-relieving and calming properties. Many people are turning to kratom as a natural remedy to manage their health issues, further fueling the growth of the kratom extract market.

D3: the ease of accessibility and availability of kratom extract products online and in specialty stores is also contributing to the market's expansion. As more retailers and e-commerce platforms offer a wide range of kratom extract products, consumers have more options to choose from, boosting the market growth.

Kratom Extract Market Restraints

Legality: Outside of Europe and the Americas, most countries have banned the product or listed Kratom as New Psychoactive Substance (NPS). At present, the US FDA and DEA have not completely banned this product, and it is not ruled out that this product will be included in the banned list in the future.

Safety: Although people may use kratom to try to overcome opioid addiction, kratom itself can be addictive. Regular users of kratom may experience withdrawal symptoms when they stop using it. Various side effects of kratom have been reported. This ranges from mild effects such as nausea, constipation, dizziness, and drowsiness to severe effects such as seizures, increased blood pressure, and liver damage in rare cases.

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