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(Medical-NewsWire.com, June 30, 2024 ) Demand for holistic lifestyle, Kratom market sees opportunity. Being unapproved by FDA, and having status of illegal substance in some states in US, the demand still persists. With 10-16 million users recorded in US in 2020, Kratom is seen as natural way to improve health. This is used for easing opioid withdrawal symptoms and pain management. National Institute on Drug Abuse (NIDA) is researching on it.
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North America with 600% of increase in demand for Kratom over 5-year period faces opioid crisis. Over 10 million recorded users Kratom is available online as well as offline. Asia-Pacific dominates global market with over 100% increased demand over last 5 years. Indonesia, Malaysia, Thailand, and Myanmar are major producers. Europe sees 200% and Australia has 400% increase over five year period.
The dosing determines effect of Katom. Higher doses (5-15 g) can induce opioid-like sedative effect, while Lower doses (1-5 g) has stimulating effect similar to cocaine. High doses can cause Toxidrome, euphoria, while with chronic use symptoms like tremors, frequent urination, and anorexia are seen.
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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
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Market Key Players:
Kraken Kratom
Happy Hippo Herbals
PurKratom
Kats Botanicals
Coastline Kratom
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Source: EmailWire.Com 
Source: EmailWire.com
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