openPR Logo
Press release

Kratom Market to reach USD 4.8 Bn. by 2029, emerging at a CAGR of 17.2 percent and forecast 2023-2029

Kratom Market

Kratom Market

Kratom Market Report Scope and Research Methodology:

Maximize Market Research Pvt Ltd is pleased to announce the release of its in-depth market research report, "Global Kratom Market Insights 2023." The report delves into the various facets of the Kratom market, providing valuable insights and analysis to industry stakeholders.

Our comprehensive report is the result of meticulous research, employing both secondary and primary research methods. The report encompasses data from interviews with market players, investments in research and development, SWOT analysis, revenue, sales, production capacities, and company overviews.

Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/216883

Kratom Market Dynamics:

Consumer Demand for Natural and Herbal Products: As the global wellness and self-care trends continue to rise, the demand for natural products like Kratom, known for its relaxation, stress relief, and mood-enhancing properties, has surged.

Potential Alternative to Opioids: Kratom has gained popularity as a natural solution for pain management and opioid withdrawal, particularly in regions grappling with opioid addiction, such as North America.

Rising Demand for Kratom for Medical Purposes: Regions like North America have witnessed a significant increase in demand for Kratom for medical purposes, with a 600% increase over the past five years, thanks in part to the opioid crisis.

Kratom Market Regional Analysis:

Our report provides detailed insights into the regional dynamics of the Kratom market, highlighting key trends and developments. In 2022, Asia Pacific dominated the market, with Southeast Asian countries like Indonesia and Malaysia serving as major Kratom producers. In North America, the market is growing due to the opioid crisis, which has prompted people to seek safer alternatives to prescription opioids.

Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/216883

Kratom Market Segmentation:

by Form

Processed Kratom
Raw Kratom Leaves

by Product Type

Powdered Kratom
Kratom Extracts
Kratom Capsules and Tablets
Kratom Tinctures

by Application

Pain Management
Mood Enhancement
Energy and Focus
Relaxation and Anxiety Relief

by Distribution Channel

Online
Offline

Kratom Market Key Players:

1. Kraken Kratom
2. Happy Hippo Herbals
3. PurKratom
4. Kats Botanicals
5. Coastline Kratom
6. Mitragaia
7. Phytoextractum
8. Herbal RVA
9. Super Speciosa
10. Kratom Spot
11. Kratom Krush
12. Your Kratom
13. Oties Botanicals
14. Golden Monk
15. Kats Botanicals
16. Kratom Source USA

Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/kratom-market/216883/

Table of content for the Kratom Market includes:

1. Global Kratom Market: Research Methodology

2. Global Kratom Market: Executive Summary

Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

3. Global Kratom Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

4. Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

COVID-19 Impact Analysis on Kratom Market:

The impact of COVID-19 pandemic on Kratom market has also been included in the report.

Key Questions Answered in the Kratom Market Report are:

Which are the prominent players in the Kratom market?
What key trends are likely to emerge in the Kratom market in the coming years?
What will be the Kratom market size by 2029?
Which company held the largest share in the Kratom market?

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Kratom Market to reach USD 4.8 Bn. by 2029, emerging at a CAGR of 17.2 percent and forecast 2023-2029 here

News-ID: 3272439 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Power Semiconductor Market to Reach USD 51.83 Billion by 2030 at 3.18% CAGR - Power Semiconductor Forecast Highlights Energy-Efficiency Surge
Power Semiconductor Market to Reach USD 51.83 Billion by 2030 at 3.18% CAGR - Po …
According to a new report by Maximize Market Research, the global power semiconductor market was valued at USD 41.63 billion in 2023 and is projected to reach USD 51.83 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.18% over the forecast period 2024-2030. ► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/28191/ ♦ Key Highlights Market Size & CAGR: USD 41.63 Bn in 2023, expected to reach USD 51.83 Bn by
Microneedle Drug Delivery Systems Market Set to Reach US $ 9.46 Billion by 2030 at 7.7% CAGR - Advanced Drug Delivery Forecast
Microneedle Drug Delivery Systems Market Set to Reach US $ 9.46 Billion by 2030 …
According to a new report by Maximize Market Research, the global microneedle drug delivery systems market was valued at roughly US $ 6.11 billion in 2024 and is projected to reach approximately US $ 9.46 billion by 2030, growing at a compound annual growth rate (CAGR) of around 7.7%. ► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/215694/ ♦ Key Highlights Market size & CAGR: Estimated at ~US $ 6.11 billion in 2024, forecast to
Automotive Paints Market Forecast to Reach USD 15.77 Billion by 2030 at 4.7 % CAGR - Growth Supported by Sustainability & EV-Driven Demand
Automotive Paints Market Forecast to Reach USD 15.77 Billion by 2030 at 4.7 % CA …
According to a new report by Maximize Market Research, the global automotive paints market was valued at USD 10.85 billion in 2023 and is projected to reach USD 15.77 billion by 2030, growing at a CAGR of approximately 4.7 % during 2024-2030. The forecast covers global coatings used in vehicle manufacturing and refinish applications, with a focus on key regions such as Asia-Pacific, North America and Europe. ► Get a sample
Petrochemicals Market Set to Reach USD 1,122.31 Billion by 2032 at a CAGR of 6.5% - Global Petrochemicals Forecast Highlights Robust Growth
Petrochemicals Market Set to Reach USD 1,122.31 Billion by 2032 at a CAGR of 6.5 …
According to a new report by Maximize Market Research, the global petrochemicals market was valued at USD 678.13 billion in 2024 and is projected to reach USD 1,122.31 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032. The growth is anchored in expanding demand across automotive, electronics, construction, and packaging industries. ► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/126575/ ♦ Key Highlights Market size + CAGR:

All 5 Releases


More Releases for Kratom

Mountainside The Leader in Kratom Treatment Reports A Surge in Kratom Detox Admi …
Image: https://www.globalnewslines.com/uploads/2025/10/4533860af418fc8017eaceaaf1925194.jpg CANAAN, CT - Mountainside Treatment Center's Detox Program is experiencing a notable rise in kratom-related admissions as lawmakers and public health officials nationwide intensify scrutiny of the unregulated substance and its potent derivative, 7-hydroxymitragynine (7-OH). Following Florida's statewide ban on 7-OH and pending Connecticut legislation (HB 6855), Mountainside has seen increased engagement across multiple levels of care. While Jana Wu's [https://www.mountainside.com/people/jana-wu/] weekly virtual Kratom Support Group [https://www.mountainside.com/resources/support-groups/virtual/ltk-support-group/] continues to attract new
The Kratom Co. Highlights the Importance of Quality: Not All Kratom Is Created E …
Oak Park, Michigan - The Kratom Company, a premium seller of kratom products, is on a mission to upgrade the average quality standard in the industry. They pledge to produce only the best high-grade kratom so that customers can have the same experience with every purchase. With a laser focus on transparency and customer trust, The Kratom Company carefully curates superior strains and puts them through rigorous testing. The result
Kratom Industry Forecast: 17.2% CAGR Through 2032
Kratom Market size was valued at USD 2.19 Billion in 2024 and the total Kratom revenue is expected to grow at a CAGR of 17.2% from 2025 to 2032, reaching nearly USD 7.80 Billion. Kratom Market Overview: The kratom market has witnessed increased attention in recent years, primarily driven by its rising use as an herbal supplement. Derived from the leaves of the Mitragyna speciosa tree native to Southeast Asia, kratom is
Kratom Capsules Market Future Business Opportunities 2025-2032 | VivaZen, MIT45, …
Kratom Capsules Market Analysis - 2025-2032: Coherent Market Insights has released a new report titled "Kratom Capsules Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032 (Version 2025)." This report provides an in-depth analysis of the Kratom Capsules industry, featuring insights on market trends and performance. It also includes a thorough examination of competitors, regional dynamics, and the latest advancements within the market. Coverage of the Kratom Capsules Market: The report provides
Kratom Extract Market Research Report 2024 | Valuates Reports
The global Kratom Extract market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-32D16381/Global_Kratom_Extract_Market_Research_Report_2024 North American market for Kratom Extract is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030. Asia-Pacific market for Kratom
4/20 Sale on Delta 8 THC and White Vein Kratom from GRH Kratom
GRH Kratom has announced a huge sale for 4/20, 2021! The sale will be on all Delta 8 THC products as well as all veins of White Vein kratom, including their proprietary blend BOOST. The sale is 40% off these products with the code: GREEN420 and is going on right now! This sale ends 4/21 at midnight CST, so don’t miss out on this opportunity for massive savings on some of