Cannabis Testing Market Outlook to 2025 - Agilent Technologies, PerkinElmer, Shimadzu, SCIEX, Merck KGaA, Restek, Waters, CannaSafe Analytics, Accelerated Technology Laboratories

The Cannabis Testing Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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.

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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.

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.

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.

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.

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 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.

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Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Cannabis Testing Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Cannabis Testing Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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This release was published on openPR.