The Market Reports

Synopsis

The global market for Kratom Extract was estimated to be worth US$ 278 million in 2024 and is forecast to a readjusted size of US$ 504 million by 2031 with a CAGR of 8.0% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Kratom Extract cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

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

Kratom extract is mainly classified into the following types: powder, liquid, capsules, gummies and other. Liquid product now is the most widely used type which takes up about 34% of the total revenue, and its market share will keep growing.

Kratom extract can be sold through offline retail stores and online channel. And online channel was growing faster which took up about 36% of the global market size.

MIT45, VivaZen, Happy Hippo, Koi CBD, Kratomade, Kats Botanicals etc. are the key suppliers in the global Kratom extract market. Top 5 took up about 52% of the global market.

Consumer concerns about product safety persist, but research into this product is still in its early stages of development, so market education remains important.

At the same time, this industry is greatly affected by policies, and companies in the industry need to continue to pay high attention to the policy adjustments of the national and state governments.

This report aims to provide a comprehensive presentation of the global market for Kratom Extract, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Kratom Extract by region & country, by Type, and by Channel.

The Kratom Extract market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Kratom Extract.

Market Segmentation
By Company

• VivaZen
• MIT45
• Kats Botanicals
• Kratomade
• DBZ Enterprises (K-Chill, Kryptic)
• Kraken Kratom
• Super Speciosa
• Kr8om
• Happy Hippo
• Koi CBD
• Club13 Herbals

Segment by Type

• Powder
• Liquid
• Capsules
• Gummies
• Other

Segment by Channel

• Offline
• Online

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.