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 Products market size is projected to grow from US$ 167 million in 2024 to US$ 267 million in 2030; it is expected to grow at a CAGR of 8.1% from 2024 to 2030.

ReportPrime's newest research report, the “Kratom Extract Products Industry Forecast” looks at past sales and reviews total world Kratom Extract Products sales in 2023, providing a comprehensive analysis by region and market sector of projected Kratom Extract Products sales for 2024 through 2030. With Kratom Extract Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Kratom Extract Products industry.

This Insight Report provides a comprehensive analysis of the global Kratom Extract Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Kratom Extract Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Kratom Extract Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Kratom Extract Products and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Kratom Extract Products.

Key global markets trends include:

• United States market for Kratom Extract Products is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• China market for Kratom Extract Products is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• Europe market for Kratom Extract Products is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Kratom Extract Products players cover:

• VivaZen
• MIT45
• Kats Botanicals
• Kratomade
• DBZ Enterprises (K-Chill, Kryptic)

In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Kratom Extract Products market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

1. Powder
2. Liquid
3. Capsules
4. Gummies
5. Other

Segmentation by Application:

1. Offline
2. Online

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration:

• VivaZen
• MIT45
• Kats Botanicals
• Kratomade
• DBZ Enterprises (K-Chill, Kryptic)
• Kraken Kratom
• Super Speciosa
• Kr8om
• Happy Hippo

Key Questions Addressed in this Report

1. What is the 10-year outlook for the global Kratom Extract Products market?
2. What factors are driving Kratom Extract Products market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do Kratom Extract Products market opportunities vary by end market size?
5. How does Kratom Extract Products break out by Type, by Application?