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With the growing need to contain drug abuse and adulteration in cannabis, there is a strong need for quality testing labs in developed economies, this acts as a pivotal factor in boosting the sale of cannabis. Moreover, the positive scenario of scientific literature, clinical trials, and consumer awareness is creating a strong favorable narrative for the market.
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Cannabis testing service market Market Size Worth $ 3.4 Billion by 2027 | CAGR: 14.9%
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% “As per Polaris Market Research report, Cannabis testing service market is attending major innovations & transformations and is projected to reach Worth $ 3.4 Billion by 2027 | CAGR: 14.9% during the conjecture period 2020 to 2027.” The global Cannabis testing service market report scrutinizes the present situation and development prognosis of the market. The report offers a complete knowledge of key parameters such as market size, share and growth, trends, cost structure, and comprehensive and statistical data in the global Cannabis testing service market. Also, the market overview section of the report holds an in-depth analysis of current and future trends, analyzing the data on a historical basis and forecasted data till the year 2027. The report traces key market drivers, covering potentially lucrative opportunities and challenges as well as drivers, obstacles, issues, and risks. Cannabis testing service market Report Scope: The global Cannabis testing service marketis segmented by By Service, By End Use, By Region. The research report analyzes the most important trends related to the different segments that help to explain the market. The report additionally surveys both developed & developing regions considered for global Cannabis testing service market research. The regional analysis engages readers with a comprehensive overview of various countries and regions to help players plan effective expansion strategies. The report outlines the noteworthy factors, such as driving factors and challenges, that will explain the market’s future growth. Also, it covers an exhaustive coverage of major industry drivers, restraints, and their impact on global Cannabis testing service market growth during the forecast period from 2020-2027. The market research assists in studying the key plans, initiatives, and strategies for the development of the market. - 2 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% By Service By End Use By Region •Potency Testing •Terpene Profiling •Heavy Metal Testing •Pesticide Screening •Microscopy Testing •Residual Solvent Screening •Others •Drug Manufacturers •Cultivators/Growers •Research Institutes & Labs •North America (U.S., Canada) •Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) •Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea) •Latin America (Brazil, Mexico, Argentina) •Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa) COVID-19 Impact Analysis for Cannabis testing service market The market has also been affected by the recent COVID-19 pandemic and is expected to experience its long- term effects over the forecast period. Extensive evaluation of the effect of the COVID-19 pandemic is given to uncover the major issues and potential paths forward. The report merges the customer spending habits, business target, dynamics of current market forces, re-routing of the supply chain, and competitors in the global Cannabis testing service market as a thorough analysis. The report serves overall estimation, insights, and forecasts, considering the COVID-19 impact on the market. Gain access to our latest research report that includes in-depth analysis of the COVID-19 pandemic impacting the the Cannabis testing service market across different regions and how major players are building strategies to mitigate the adverse effect of the pandemic and take benefit of emerging opportunities Regional Outlook In terms of geography, the region dominated the market with its higher revenue share contribution. The driving factors for this regional market growth include the current technological advancements in the industry, growing economic stability, huge government investments, and rising awareness related to the benefits of the product/service. Browse Detailed Research Report on Cannabis testing service market Analysis: https://www.polarismarketresearch.com/industry-analysis/cannabis-testing-service-market Competitive Landscape The report completely profiles prominent market players or industrialists covering company profile, product specifications, production capacity/sales, revenue, price, and gross margin & sales. Here you will find a comprehensive analysis of the competitive landscape and detailed information on vendors and factors that - 3 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% will challenge the growth of major vendors. The section highlights key points such as regional segmentation, major investments, and details of historical, present, and projected revenues. the product portfolio, market explanation, and classification are indicated. According to Polaris Market Research, the leading players with a noteworthy dominance in the Cannabis testing service market include Shimadzu Corporation, Agilent Technologies, PerkinElmer Inc., Waters Corporation, CannaSys Inc., PharmLabs LLC, Saskatchewan Research Council (SRC), Eurofins Scientific, CW ANALYTICAL, GreenLeaf Lab, Praxis Laboratory, SGS Canada Inc. sample: https://www.polarismarketresearch.com/industry-analysis/cannabis-testing- Request for service-market/request-for-sample TABLE OF CONTENTS 1.Introduction 1.1.Report Description 1.1.1.Objectives of the Study 1.1.2.Market Scope 1.1.3.Assumptions 1.2.Stakeholders 2.Executive Summary 2.1.Market Highlights 3.Research Methodology 3.1.Overview 3.1.1.Data Mining 3.2.Data Sources 3.2.1.Primary Sources 3.2.2.Secondary Sources 4.Cannabis Testing Services Market Insights 4.1.Cannabis Testing Services – Industry snapshot 4.2.Cannabis Testing Services Market Dynamics 4.2.1.Drivers and Opportunities 4.2.1.1. Favorable legislations 4.2.1.2. Increasing usage for medical purposes 4.2.2.Restraints and Challenges 4.2.2.1. Adulteration and abuse 4.3.Porter’s Five Forces Analysis - 4 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% 4.3.1.Bargaining Power of Suppliers (Moderate) 4.3.2.Threats of New Entrants: (Low) 4.3.3.Bargaining Power of Buyers (Moderate) 4.3.4.Threat of Substitute (Moderate) 4.3.5.Rivalry among existing firms (High) 4.4.PESTLE Analysis 4.5.Cannabis Testing Services Market Industry trends 5.Cannabis Testing Services Market Assessment by Service Type 5.1.Key Findings 5.2.Introduction 5.2.1.Global Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 5.3.Potency Testing 5.3.1.Global Cannabis Testing Services Market, by Potency Testing, by Region, 2016 – 2027 (USD Million) 5.4.Terpene Profiling 5.4.1.Global Cannabis Testing Services Market, by Terpene Profiling, by Region, 2016 – 2027 (USD Million) 5.5.Heavy Metal Testing 5.5.1.Global Cannabis Testing Services Market, by Heavy Metal Testing, by Region, 2016 – 2027 (USD Million) 5.6.Pesticide Screening 5.6.1.Global Cannabis Testing Services Market, by Pesticide Screening, by Region, 2016 – 2027 (USD Million) 5.7.Microscopy Testing 5.7.1.Global Cannabis Testing Services Market, by Microscopy Testing, by Region, 2016 – 2027 (USD Million) 5.8.Residual Solvent Screening 5.8.1.Global Cannabis Testing Services Market, by Residual Solvent Screening, by Region, 2016 – 2027 (USD Million) 5.9.Others 5.9.1.Global Cannabis Testing Services Market, by Others, by Region, 2016 – 2027 (USD Million) 6.Global Cannabis Testing Services Market, by End Use 6.1.Key Findings 6.2.Introduction 6.2.1.Global Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 6.3.Drug Manufacturers - 5 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% 6.3.1.Global Cannabis Testing Services Market, by Drug Manufacturers, By Region, 2016 – 2027 (USD Million) 6.4.Cultivators/Growers 6.4.1.Global Cannabis Testing Services Market, by Cultivators/Growers, by Region, 2016 – 2027 (USD Million) 6.5.Research Institutes & Labs 6.5.1.Global Cannabis Testing Services Market, by Research Institutes & Labs, by Region, 2016 – 2027 (USD Million) 7.Cannabis Testing Services Market Assessment by Geography 7.1.Key findings 7.2.Introduction 7.2.1.Cannabis Testing Services Market Assessment, By Geography, 2016 – 2027 (USD Million) 7.3.Cannabis Testing Services Market – North America 7.3.1.North America: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.3.2.North America: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.3.3.Cannabis Testing Services Market – U.S. 7.3.3.1. U.S.: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.3.3.2. U.S.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.3.4.Cannabis Testing Services Market – Canada 7.3.4.1. Canada: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.3.4.2. Canada.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.Cannabis Testing Services Market – Europe 7.4.1.Europe: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.2.Europe: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.3.Cannabis Testing Services Market – UK 7.4.3.1. UK: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.3.2. UK: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.4.Cannabis Testing Services Market – France - 6 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% 7.4.4.1. France: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.4.2. France: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.5.Cannabis Testing Services Market – Germany 7.4.5.1. Germany: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.5.2. Germany: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.6.Cannabis Testing Services Market – Italy 7.4.6.1. Italy: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.6.2. Italy: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.7.Cannabis Testing Services Market – Spain 7.4.7.1. Spain: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.7.2. Spain: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.8.Cannabis Testing Services Market – Netherlands 7.4.8.1. Netherlands: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.8.2. Netherlands: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.9.Cannabis Testing Services Market – Austria 7.4.9.1. Austria: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.9.2. Austria: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.Cannabis Testing Services Market – Asia-Pacific 7.5.1.Asia Pacific: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.2.Asia Pacific: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.3.Cannabis Testing Services Market – China 7.5.3.1. China: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.3.2. China: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.4.Cannabis Testing Services Market – India 7.5.4.1. India: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) - 7 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% 7.5.4.2. India.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.5.Cannabis Testing Services Market – Malaysia 7.5.5.1. Malaysia: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.5.2. Malaysia: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.6.Cannabis Testing Services Market – Japan 7.5.6.1. Japan: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.6.2. Japan: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.7.Cannabis Testing Services Market – Indonesia 7.5.7.1. Indonesia: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.7.2. Indonesia: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.8.Cannabis Testing Services Market – South Korea 7.5.8.1. South Korea: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.8.2. South Korea.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.Cannabis Testing Services Market – Middle East & Africa 7.6.1.Middle East & Africa: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.2.Middle East & Africa.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.3.Cannabis Testing Services Market – Saudi Arabia 7.6.3.1. Saudi Arabia: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.3.2. Saudi Arabia.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.4.Cannabis Testing Services Market – UAE 7.6.4.1. UAE: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.4.2. UAE: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.5.Cannabis Testing Services Market – Israel 7.6.5.1. Israel: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.5.2. Israel: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) - 8 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% 7.6.6.Cannabis Testing Services Market – South Africa 7.6.6.1. South Africa: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.6.2. South Africa: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.Cannabis Testing Services Market – Latin America 7.7.1.Latin America: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.2.Latin America: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.3.Cannabis Testing Services Market – Mexico 7.7.3.1. Mexico: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.3.2. Mexico.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.4.Cannabis Testing Services Market – Brazil 7.7.4.1. Brazil: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.4.2. Brazil.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.5.Cannabis Testing Services Market – Argentina 7.7.5.1. Argentina: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.5.2. Argentina.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 8.Competitive Landscape 8.1.Expansion and Acquisition Analysis 8.1.1.Expansion 8.1.2.Acquisition 8.2.Partnerships/Collaborations/Agreements/Exhibitions 9.Company Profiles 9.1.Shimadzu Corporation 9.1.1.Company Overview 9.1.2.Financial Performance 9.1.3.Services Benchmarking 9.1.4.Recent Development 9.2.Agilent Technologies 9.2.1.Company Overview 9.2.2.Financial Performance 9.2.3.Services Benchmarking - 9 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% 9.2.4.Recent Development 9.3.PerkinElmer, Inc. 9.3.1.Company Overview 9.3.2.Financial Performance 9.3.3.Services Benchmarking 9.3.4.Recent Development 9.4.Millipore Sigma 9.4.1.Company Overview 9.4.2.Financial Performance 9.4.3.Services Benchmarking 9.4.4.Recent Development 9.5.Restek Corporation 9.5.1.Company Overview 9.5.2.Financial Performance 9.5.3.Services Benchmarking 9.5.4.Recent Development 9.6.Waters Corporation 9.6.1.Company Overview 9.6.2.Financial Performance 9.6.3.Services Benchmarking 9.6.4.Recent Development 9.7.PharmLabs, LLC 9.7.1.Company Overview 9.7.2.Financial Performance 9.7.3.Services Benchmarking 9.7.4.Recent Development 9.8.Fritsch Milling 9.8.1.Company Overview 9.8.2.Financial Performance 9.8.3.Services Benchmarking 9.8.4.Recent Development 9.9.Steep Hill Halent Laboratories, Inc. 9.9.1.Company Overview 9.9.2.Financial Performance 9.9.3.Services Benchmarking 9.9.4.Recent Development 9.10. CannaSafe Analytics 9.10.1.Company Overview 9.10.2.Financial Performance 9.10.3.Services Benchmarking 9.10.4.Recent Development 9.11. Saskatchewan Research Council (SRC) - 10 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% 9.11.1.Company Overview 9.11.2.Financial Performance 9.11.3.Services Benchmarking 9.11.4.Recent Development 9.12. Eurofins Scientific 9.12.1.Company Overview 9.12.2.Financial Performance 9.12.3.Services Benchmarking 9.12.4.Recent Development 9.13. CW ANALYTICAL 9.13.1.Company Overview 9.13.2.Financial Performance 9.13.3.Services Benchmarking 9.13.4.Recent Development 9.14. GreenLeaf Lab 9.14.1.Company Overview 9.14.2.Financial Performance 9.14.3.Services Benchmarking 9.14.4.Recent Development 9.15. Praxis Laboratory 9.15.1.Company Overview 9.15.2.Financial Performance 9.15.3.Services Benchmarking 9.15.4.Recent Development 9.16. SGS Canada Inc. 9.16.1.Company Overview 9.16.2.Financial Performance 9.16.3.Services Benchmarking 9.16.4.Recent Development Access Press Release on Cannabis testing service market: https://www.polarismarketresearch.com/press- releases/cannabis-testing-service-market - 11 -
Cannabis testing service market Worth $ 3.4 Billion by 2027 | CAGR: 14.9% About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com - 12 -