Cannabis Testing Market Experiences Robust Growth with Widespread Legalization 2029

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Cannabis Testing market size reached USD 1.58 billion in 2022 and is expected to reach USD 3.66 billion by 2029, growing at a CAGR of 12.7 % during the forecast period.

Cannabis Testing market Overview

Maximize Market research, a global Healthcare market research firm, has market research report on “ Cannabis Testing Market. The report on  Cannabis Testing market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for  Cannabis Testing market growth.

Cannabis Testing market Report Scope and Research Methodology

The analysis of the  Cannabis Testing market utilized both primary and secondary research methods. Primary research involved the direct collection of data from the market through surveys, interviews, and observations. Secondary research involved the collection of data from published sources, such as industry reports, company websites, and news articles.

Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive  Cannabis Testing market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global  Cannabis Testing market size, the bottom-up approach was used.

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Cannabis Testing market Regional Insights

The report provides a comprehensive analysis of growth drivers, constraints, future prospects, and competitive landscape across all regions. The market is segmented by geography into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also highlights the leading countries in each region along with their respective market projections.

Cannabis Testing market Segmentation

With a revenue share of 23.7% in 2022, potency testing services took the market's top spot by service type. The market is primarily being driven by a rise in the demand for analyzing the potency of different cannabinoids, particularly CBD (Cannabidiol) and Tetra hydro cannabinol (THC) in grown cannabis, as well as a rise in the use of effective potency testing methods like Gas Chromatography (GC) and High-Performance Liquid Chromatography (HPLC) for testing samples.

 

 

 

 

1 Global Cannabis Testing Market, by Service Type (2022-2029)
• Potency Testing
• Terpene Profiling
• Heavy Metal Testing
• Pesticide Screening
• Microscopy Testing
• Residual Solvent Screening
2 Global Cannabis Testing Market, by End-user (2022-2029)
• Cannabis Drug Manufacturers
• Cannabis Cultivators/Growers
• Others (Research Institutes & Labs)
3 Global Cannabis Testing Market, by Technology (2022-2029)
• Chromatography
o Liquid Chromatography
o Gas Chromatography
o Other
• Spectroscopy
o Mass Spectrometry
o Atomic Spectrometry
• Others

Cannabis Testing market Key Players

• Saskatchewan Research Council (SRC)
• SC Labs
• Steep Hill, Inc.
• SGS Canada Inc.
• CW ANALYTICAL
 PharmLabs
• GreenLeaf Lab
• Agilent Technologies Inc.
• Shimadzu Scientific Instruments
• Merck KGaA
• Restek Corporation
• PerkinElmer Inc.,
• Danaher Corporation
• Accelerated Technology Laboratories Inc.
• Steep Hill Halent Laboratories Inc.
• Digipath Inc.
• Pharmlabs LLC.

Key questions answered in the  Cannabis Testing market are:

  • What is  Cannabis Testing  ?
  • What are the global trends in the  Cannabis Testing market ?
  • What was the  Cannabis Testing market  Total Market size in 2023?
  • What is expected  Cannabis Testing market size by 2029?
  • Who held the largest market share in  Cannabis Testing market ?
  • Who are the leading companies and what are their portfolios in  Cannabis Testing market ?
  • What are the major challenges that the  Cannabis Testing market  Industry could face in the future?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis

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.

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