Press release
Cannabis Testing Market Revenue for Launch by Region is expected to reach US$ 2,486.7 Mn in 2025 from 1,028.2 in 2017 Agilent Technologies, PerkinElmer, Shimadzu Corporation, SCIEX, Merck KGaA, Restek Corporation, Waters, CannaSafe Analytics, Accelerated
The Cannabis Testing Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2025, considering 2019 as the base year and 2019 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.Cannabis testing market is segmented by type, services and end user. Global cannabis testing market, based on type was bifurcated into product and software. The product segment is further segmented into analytical instruments and consumables. Global cannabis testing market, based on services was segmented into potency testing, terpene profiling testing, pesticide screening, residual solvent testing, heavy metal testing, microbial analysis and genetic testing. On the basis of the end user, the global cannabis testing market was segmented as testing laboratories, drug manufacturers and research institutes.
The qualitative contents for geographical analysis will cover market trends in each Geography and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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The global cannabis testing market is expected to reach US$ 2,486.7 Mn in 2025 from 1,028.2 in 2017. The market is estimated to grow with a CAGR of 11.9% from 2017-2025.
The objective of the study is to describe, define, and forecast the cannabis testing market by type, services, end user and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
The List of Companies
1. Agilent Technologies, Inc.
2. PerkinElmer, Inc.
3. Shimadzu Corporation
4. Sciex (Danaher)
5. Merck KGaA
6. Restek Corporation
7. WATERS
8. CannaSafe Analytics
9. Accelerated Technology Laboratories, Inc.
10. Digipath Inc.
The cannabis testing market report analyzes factors affecting cannabis testing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, , opportunities, and future trend. The report provides the analysis for the every segment in detail across all the regions such as North America, Europe, Asia Pacific, Middle East & Africa and South and Central America.
Cannabis testing is used in variety of applications that includes determining the concentration of cannabis in various analytical samples such as pharmaceutical drugs, and detection of contaminants such as bacteria and fungi. Furthermore, the cannabis testing is also performed for determination of trace metals such as arsenic, cadmium that can adversely impact health if remained unchecked. These tests are performed with the help of various analytical techniques that include chromatography analysis, spectrometry, ELISA, polymerase chain reaction (PCR) and others. The report would be of an interest to various stakeholders operating in the cannabis testing market. These stakeholders include manufacturing companies, dealer companies, supplier companies, research centers and others.
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Research Report Offer/Provide:
The Report Provides A Detailed Overview Of The Industry Including Both Qualitative And Quantitative Data. It Provides Summary and Forecast of the World Leading Cannabis Testing Market Supported Product And Application. It Also Provides Market Size And Forecast Till 2025 For Overall Cannabis Testing Market With Regard To 5 Major Regions, Namely; North America, Europe, Asia-Pacific (Apac), Middle East And Africa (Mea) And South America (Sam), Which Is Later Sub-Segmented By Various Countries And Segments. The Report Evaluates Market Dynamics Effecting The Market During The Forecast Period I.E., Drivers, Restraints, Opportunities, And Future Trend And Provides Exhaustive Pest Analysis For All 5 Regions.
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