openPR Logo
Press release

Cannabis Testing Market In-depth Research & Key Company Profiles are Shimadzu Corporation, Agilent Technologies, Thermo Fisher Scientific, PerkinElmer, Millipore Sigma, AB SCIEX

12-06-2018 09:04 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Cannabis Testing

Cannabis Testing

The global cannabis testing market size was valued at US$ 926.3 million in 2017, and is expected to witness a CAGR of 13.2% over the forecast period (2018 – 2026).

Cannabis testing is done for various purpose such as finding concentration of active ingredient (cannabinoids, terpene), which determines the medical potency of the cannabis. It is also tested for determining various other ingredient in given sample. For instance, to determine the pesticide residue content in the given sample that undermines the purity and efficacy. Cannabis testing also involves determination of contaminants such as fungi and bacteria (mycotoxins), which could causes serious pulmonary infections if administered unchecked.

Furthermore, cannabis testing comprises determination of trace metals such as cadmium, arsenic, leads and mercury over cannabis plants and products, which could impart adverse effect to human health. Three species of cannabis are present, each has different concentration of active ingredient (cannabinoids and terpene), which leads to risk of cannabis adulteration with cannabis species having lower amount of active ingredient. Therefore in such cases cannabis testing would be beneficial to find the authenticity of given specimen.

Overall cannabis testing process involves sample and column preparation, identification of analyte, determining concentration, and separating the analyte. Various analytical techniques majorly used to test the cannabis are Liquid Chromatography (LC) / High Performance Liquid Chromatography (HPLC), Gas Chromatography (GC), Thin Layer Chromatography (TLC), ELISA kits, and Polymerase Chain Reaction (PCR). Cannabis testing products also involves breathe analyzer and other instruments to check concentration of tetrahydrocannabinol when consumed illegally. Tetrahydrocannabinol is psychoactive ingredient.Increasing approval of medicinal cannabis products along with extensive research and development activities in the medical cannabis market are expected to support growth of the cannabis testing market.

Get HOLISTIC Request Sample Copy Of This Business Report:
https://www.coherentmarketinsights.com/insight/request-sample/170

For instance, in July 2017, 18 states in the U.S. allowed the use of Cannabidiol (CBD) extract, majorly in oil form with minimal tetrahydrocannabinol (THC) for the treatment of epilepsy or seizures in adversely affected children. In March 2017, German parliament signed and enforced law, which allows the healthcare professionals to prescribe the medicinal cannabis products to relieve patients from severe health issues such as chronic pain, vomiting, and nausea.

Cannabis testing market is projected to witness positive growth during the forecast period, owing to the requirement of desired active ingredient detection and undesired trace elements (mycotoxins and trace metals) before utilizing cannabis product for medicinal and recreational purpose. Increased trend of using cannabis for recreational purpose would be another major impetus for simultaneous rise in cannabis testing market.

In 2012, only two states in the U.S. had legalized recreational use of cannabis however by 2017, seven more states legalized recreational use of cannabis. In January 2018, use of cannabis for recreational purpose initiated in California which resulted in tourist attraction in California and in turn it also doubled the cannabis cultivation assessing business opportunity.

Download the PDF brochure:
https://www.coherentmarketinsights.com/insight/request-pdf/170

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cannabis Testing Market In-depth Research & Key Company Profiles are Shimadzu Corporation, Agilent Technologies, Thermo Fisher Scientific, PerkinElmer, Millipore Sigma, AB SCIEX here

News-ID: 1421296 • Views:

More Releases from Coherent Market Insights

Solar Photovoltaic Glass Market Size [2024] Industrial Insight includes Manufacture Details and Forecast to 2031 | AGC Solar, Nippon Sheet Glass Co., Ltd.
Solar Photovoltaic Glass Market Size [2024] Industrial Insight includes Manufact …
Solar Photovoltaic (PV) glass is a technology that converts solar energy into electric energy, also providing protection against environmental elements such as dust, moisture, and snow. Solar photovoltaic glass is increasingly being used for building integrated photovoltaics. The latest report published by Coherent Market Insights highlights the growth prospects of the Solar Photovoltaic Glass Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional
Work Boots Market Overview by Increasing Demands and Sales By 2024-2031 | Wolverine World Wide, Red Wing Shoe Company
Work Boots Market Overview by Increasing Demands and Sales By 2024-2031 | Wolver …
Global Work Boots Market Growing Demand and Growth Opportunity 2024-2031: The Latest Report, titled "Work Boots Market" Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The Work Boots market has been growing significantly in recent
Global Circular Fashion Market Valuation 2024: Size, Share, Outlook, Trends & Forecast Till 2031 | H&M, Inditex (Zara), EILEEN FISHER
Global Circular Fashion Market Valuation 2024: Size, Share, Outlook, Trends & Fo …
Global Circular Fashion Market Growing Demand and Growth Opportunity 2024-2031: The Latest Report, titled "Global Circular Fashion Market" Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The Global Circular Fashion market has been growing significantly
Collapsible Metal Tubes Market Will Exhibit an Impressive Expansion by 2024-2031 | Albea, Amcor, Essel Propack, Huhtamaki
Collapsible Metal Tubes Market Will Exhibit an Impressive Expansion by 2024-2031 …
Global Collapsible Metal Tubes Market Growing Demand and Growth Opportunity 2024-2031: The Latest Report, titled "Collapsible Metal Tubes Market" Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The Collapsible Metal Tubes market has been growing

All 5 Releases


More Releases for Cannabis

Cannabis Market: Study Navigating the Future Growth Outlook | Aphria, Aurora Can …
An off-the-shelf report on Cannabis Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical
Medical Cannabis Market Size, Growth Rate, COVID-19 Impact, Key Players-Canopy G …
The Latest research study released by DBMR "Global Medical Cannabis Market" with 350+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. This Research Report presents you analysis of market size, share, and growth, trends, and cost structure, statistical and comprehensive data of the global market. A number
Cannabis Infused Products Market Worth Observing Growth|Canopy Growth, Aurora Ca …
Cannabis Infused Products Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to witness the growth at an annual pace of 22.0% in the forecast period. The growing awareness about the well-being and mental health benefits is driving the market scope of cannabis infused products. Cannabis infused products market is growing with the successive application of marijuana or
Cannabis Market Demand, Competitive Landscape and Outlook by 2027 Key Players - …
Cannabis or Marijuana is a psychoactive drug from the Cannabis plant used for medical or recreational purposes. Cannabis market is expected to reach US$ 153,689.9 Mn in 2027 from US$ 10,838.1 in 2018. The market is estimated to grow with a CAGR of 34.5% from 2019-2027. The report highlights the trends prevalent in the global cannabis market and the factors driving the market along with those that act as deterrents
By 2027, Cannabis Market is reaching 34.5% of CAGR Lead by Aurora Cannabis, Cann …
Global “Cannabis Market” report has implemented a systematic way to evaluate the dynamics of the overall Cannabis market. It provides a comprehensive study comprising of a top-to-bottom research on the market dynamics, including growth drivers, challenges, threats, and potential growth opportunities, with a key focus on the global market and the regional market. In a chapter-wise format, the report evaluates the global supply and demand trends in the global market,
Increasing Legalization of Cannabis Drives the Cannabis Market
The report "Cannabis Market by Product Type (Flower, Concentrates), Compound (THC-Dominant, CBD-Dominant, and Balanced THC & CBD), Application (Medical and Recreational), and Region (North America, South America, Europe, and Row) - Global Forecast to 2023", The cannabis market is projected to grow from USD 10.3 billion in 2018 to USD 39.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 30.7% during the forecast period. The increasing legalization