Kratom industry is all set to cross the $22 billion mark in future

Kratom is a controversial herb that grows in Southeast Asia and very often secures an infamous place in the news. People who use kratom claim it has several medical benefits for the body. However, medical research shies away from paddling kratom as a drug to be used for recreational purposes. Kratom has a long history of being a major part of the diet plan of millions across the globe.

Types of Kratom Strains available on the Market

There are about 6 major types of Kraton strains that are available in the market. Below are the 6 major types:

  1. White Vein Kratom
  2. Red Vein Kratom
  3. Green Vein Kratom
  4. Maeng Da Kratom
  5. Bentuangie Kratom
  6. Yellow Vein Kratom

To choose the finest kratom for you, it’s critical to understand each strain in-depth, as well as the characteristics that distinguish it from others. There is plenty of useful information available online on sites like Kratom.org, and we have also put together this guide that sheds more light on the various types of Kratom strains, and I believe it will help you to understand their benefits and guide you in making an informed decision.

How is kratom consumed?

Traditionally, people would boil kratom leaves and chew them, but now there are multiple ways to consume this plant. Millennials like to incorporate it into their diet plans because kratom causes weight loss, which is a proven side effect of this herb. People consume kratom in the form of capsules, food items, tea, kava, smoothie, chocolate chip kratom cookies, and smoke it like a weed.

Where is kratom cultivated?

Though kratom may be found in many Southeast Asian nations, the majority of it is grown in Indonesia and Thailand, who are the largest exporters of kratom. When America developed an opioid crisis, Indonesia claimed an opportunity and jumped in to cultivate this plant. Indonesian water is said to be the most suitable one for the cultivation of this plant. Statistics say that Indonesia exports 400 tons of kratom to Europe every month and the figure continues to rise.

What is the current net worth of the kratom plant?

The current net worth of the kratom plant is $367 million, but it is expected that the kratom industry will cross the $22 billion mark by 2025. On average, between 3 million to 5 million Americans consume kratom every day which proves its wide popularity. Globally, over 100 million people consume kratom which registers its global acceptance despite its controversial legal status. The business of kratom is thriving so much that a lot of investors are looking at it as a suitable business option in the future.

Online vendors like the golden monk, kratom crazy, and others sell the plant through their websites for there is always a fear of the government coming forward and banning the herb.

Kratom’s legal status remains disputed, and it is legal in just a few countries around the globe. Though, it is legal in the United States; there is a limit on its sale and purchase. Users are not allowed to consume kratom more than the limit defined by the state. Kratom is illegal in the United Kingdom, Korea, Russia, Poland, Finland, Canada, etc. Though it has no medical evidence in its support, the consumption rate continues to rise every day.

What is the future of this herb?

No one can deny the fact; kratom continues to make its way in the news for the right and wrong reasons. The global popularity of the plant has increased so much that people have started to infuse it in food and beverages for consumption. However, unless something substantial doesn’t stem from medical research, a lot of countries will continue to assume a ban on this herb.

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