Cannabis Testing Market 2018-2025: Size, Share, Demand, Regional Segmentation, Growth Factors, Application | Top Players are Agilent Technologies, Shimadzu Corporation, PerkinElmer, Millipore Sigma, AB SCIEX LLC

Orian Research added the report of Global Cannabis Testing Market that studies current scenario of the market and forecast in the coming years. The report evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2025. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).

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The increasing use of cannabis for medical purposes is one of the major factors driving the global cannabis testing market. Cannabis used for medicinal purposes is referred to as medical marijuana or medical cannabis. In this case, the whole, unprocessed cannabis plant or its extracts are used to treat a variety of symptoms and conditions. Medical cannabis contains many compounds that are collectively referred to as cannabinoids. The two main compounds are tetrahydrocannabinol (THC) and Cannabidiol (CBD). Though there are several other types of cannabinoids in cannabis strains, THC and CBD are the most abundant compounds. These compounds mainly address pain symptoms in multiple diseases.

The major drawback of this market is a lack of uniform industry standards across the globe. Regulatory standards of various countries required for cannabis testing have huge differences as these standards are set by the government organizations of the specific country. Every country also has its own standards for dosage. Also, the exposure to heavy metals such as lead is a big concern. This is the main root of the problem. Strict regulations will prove to be unfair if they sell prescribed drugs and alcohol products. Therefore, many pharmaceutical dealers have decided to obey these laws which would contain extracts which would practically obey any cannabis testing standards.

No. of Pages: 99 & Key Players: 09

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Key Companies Analyzed in this Report are:
• Agilent Technologies
• Shimadzu Corporation
• PerkinElmer
• Millipore Sigma
• AB SCIEX LLC
• Waters Corporation
• Restek Corporation
• Accelerated Technology Laboratories
• LabLynx

The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities. The report classifies the market into different segments based on application and technology. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.

Features of the Report:
• The analysis of Cannabis Testing market, their growth, demand, position, size and share from different regions are mentioned in detailed.
• The key players in the market and their share in the global market are discussed.
• The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
• The Cannabis Testing market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.

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Market segment by Type, the product can be split into
• Terpene Profiling Testing
• Heavy Metal Testing
• Microbial Analysis Testing
• Genetic Testing
• Residual Solvent Screening Testing
• Potency Testing
• Pesticide Screening Testing

Market segment by Application, split into
• Laboratories
• Research Institutions
• Others

In this study, the years considered to estimate the market size of Cannabis Testing are as follows:
• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025

Regional Outlook for the Cannabis Testing Market Research Report:
• North America: US, Canada, Mexico
• Europe: Germany, UK, Italy, France, Spain, Rest of Europe
• Asia Pacific: Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific
• South America: Argentina, Brazil, Chile, Rest of South America
• Middle East & Africa: Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa

The Americas accounted for the maximum share of the cannabis testing market during 2017. Our analysts have predicted that the market will witness steady growth in this region during the next five years as well and this will attribute to the growing approval of cannabis for recreational and medical purposes. Moreover, the demand for cannabis testing products from luxury cannabis products manufacturers will also drive the market’s growth in this region.

Major Points Covered in Table of Contents:
1 Global Cannabis Testing Segment Market Size, Status and Forecast 2025
2 Global Cannabis Testing Segment Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Cannabis Testing Segment Market Size by Type and Application (2013-2018)
5 United States Cannabis Testing Segment Development Status and Outlook
6 Europe Cannabis Testing Segment Development Status and Outlook
7 Japan Cannabis Testing Segment Development Status and Outlook
8 China Cannabis Testing Segment Development Status and Outlook
9 India Cannabis Testing Segment Development Status and Outlook
10 Southeast Asia Cannabis Testing Segment Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Cannabis Testing Segment Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix

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