According to The Insight Partners market research study titled ‘Cannabis Testing Market to 2025 – Global Analysis and Forecasts by Type, Services and End User, the global cannabis testing market was valued at US$ 1,028.2 Mn in 2017 and is estimated to reach US$ 2,486.7 Mn by 2025. The market is estimated to grow with a CAGR of 11.9% from 2017-2025.The report highlights the trends prevalent in the global cannabis testing market and the factors driving the market along with those that act as deterrents to its growth.
The cannabis businesses in the US are small independently-held entities. Various companies, such as food, tobacco and pharmaceutical industries were held back by regulatory concerns, but are now expected to enter the market. Cannabis business are small due to stringent regulations for import and export. Companies that want to expand to other regions must establish cultivation, manufacturing and selling infrastructure in new location, or form a partnership with other company in the other state. For instance, in 2018, some of the multi-state operators acquired additional licensed operators in new locations to enhance its presence.
The report titled global Cannabis Testing market has recently added by The Insight Partners to its database. For an assessment of the global Cannabis Testing market, primary and secondary research methodologies have been used. It has been summarized with proper and accurate market insights to provide a complete understanding of subject matter. According to Research N Reports, this global extensive report has different sections to provide the data in clear, concise and professional manner.
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Top players of Cannabis Testing Market:-
- Agilent Technologies
- PerkinElmer, Inc.
- Shimadzu Corporation
- Merck KGaA
- Restek Corporation
- CannaSafe Analytics
- Accelerated Technology Laboratories, Inc.
- Digipath Labs.
CANNABIS TESTING – MARKET SEGMENTATION
- Potency Testing
- Terpene Profiling
- Pesticide Screening
- Residual Solvent Screening
- Heavy Metal Testing
- Microbial Analysis
By End User
- Testing Laboratories
- Drug Manufacturers
- Research Institutes
Researchers examine the global Cannabis Testing Market regions such as North America, Latin America, Africa, Europe, and Asia-Pacific based on a manufacturing base, productivity, and demand-supply chain. Moreover, it sheds light on global treading verticals like import, export, and local consumption. To address the various questions faced by various stakeholders and businesses, it highlights challenges, threats and restraining factors.
Cannabis Testing Market research report highlights:
-The global market forecast till 2019 to 2026 year.
-Global market opportunities
-Recommendations for new startups in terms of investment measures
-Business profiles of leading key players, vendors, manufacturers and traders
-The economic impact on the global Cannabis Testing market
-Strategic planning methodologies
-Forward-looking perspectives based on drivers and restraints
-Analysis of market by using SWOT and Porter’s five techniques
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Cannabis Testing Market Timeline for Analysis:-
History Year: 2013- 2020
Base Year: 2020
Estimated Year: 2021
Forecast Year: 2021 to 2027
Furthermore, it offers detailed data based on the target market, competitive study, key regions, key players and various market segments, selling strategies. Additionally, it offers internal and external factors which are fueling or hampering the growth of the Cannabis Testing market.
Table of Content :-
Chapter 1: Industry Overview of Cannabis Testing Market
Chapter 2: Market Competition Analysis by Players
Chapter 3: Company (Top Players) Profiles
Chapter 4: Market Size by Type and Application (2014-2019)
Chapter 5: United States Market Status and Outlook 2019-2026
Chapter 6: EU Market Status and Outlook 2019-2026
Chapter 7: Japan Market Status and Outlook 2019-2026
Chapter 8: China Market Status and Outlook 2019-2026
Chapter 9: India Market Status and Outlook 2019-2026
Chapter 10: Southeast Asia Market Status and Outlook 2019-2026
Chapter 11: Market Forecast by Regions, Type and Application (2018-2023)
Chapter 12 Cannabis Testing Market Dynamics
Chapter 13 Market Effect Factors Analysis
Chapter 14 Research Finding/Conclusion
Chapter 15 Appendix
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