Press release
Global Cannabis Testing Market to Cross USD 3,526 Million By 2027
Cannabis Testing Market
Cannabis testing is a kind of drug testing that detects the active elements such as Terpene and cannabinoids through the usage of chromatographic or analytical testing. Moreover, the legalization of cannabis in myriad countries, escalating awareness through programs like conferences and seminars, and increase in the advancements of the systems used for cannabis testing is fueling the global cannabis testing market demand.
Request Free Sample Copy of Research Report @ http://bit.ly/312lGRq
(The sample of this report is readily available on request. The free sample report on the Wheelchair Accessible Vehicle Converters market consists of data regarding the competitive terrain as well as analysis of the competitive scope of this industry.)
Cannabis is a type of psychoactive drug which is used for recreational and therapeutic purpose. It mainly comprised of tetrahydrocannabinol that causes alternation in perception, an increase in the appetite, and sensation of ecstasy. There are different kinds of cannabis available across the globe and this includes topical cannabis, solid edible cannabis, inhaling cannabis, and liquid edible cannabis that are tested during the cannabis testing process.
Legalization of cannabis for medicine & recreation to steer market trends
Rise in the acceptance of medicinal cannabis products due to its legalization will steer the growth of the market over the forecast timeline. Moreover, extensive research activities taking place across the medical cannabis sector will further impel market trends.
Furthermore, the usage of medicinal cannabis for the purpose of reducing nausea post the chemotherapy or appetite stimulation in AIDS patients for controlling muscle spasms will propel the industry demand. In addition to this, the rise in the approval of cannabis-based medicines along with new product introduction will steer the expansion of cannabis testing market during the period from 2019 to 2027.
Inquire more about this report before purchase @ http://bit.ly/312lGRq
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
Apparently, the large-scale acceptance of LIMS across the cannabis testing labs will enlarge the business scope during the forecast timeline. Nonetheless, the high cost of analytical devices and high variation in the testing procedures will restrict the market progression over the forecast timeline.
Products to dominate the products & software segment over the forecast timeline
The growth of the products segment is due to the massive use of analytical devices for the purpose of cannabis testing.
Cannabis testing laboratories segment to lead the end-user landscape
The growth of the segment is attributed to the massive testing of cannabis products for their use in medicinal as well as recreational use. Apparently, stringent laws enforced by various governments on the firms to produce high quality of cannabis products along with the need for ensuring patient safety will further enlarge the cannabis testing laboratories segment growth during the period from 2019 to 2027.
North America to dominate the overall regional market revenue share over the forecast period
With a large number of states in the U.S. approving the medicinal use of cannabis along with the legalization of cannabis by the Canadian government will embellish the growth of the cannabis testing industry in North America. Apart from this, the increase in the presence of a number of players in Canada and the U.S. will further fuel the regional market growth over the forecast timeline.
Request customized copy of report @ http://bit.ly/2RRLiMu
(We customize your report according to your research need. Ask our sales team for report customization)
The key players involved in the global cannabis testing business include PerkinElmer, Inc., Millipore Sigma, AB SCIEX LLC, Agilent Technologies, Inc., PharmLabs, LLC, Waters Corporation, CannaSys, Inc., Shimadzu Corporation, GenTech Scientific, and Cannabix Technologies, Inc.
This report segments the global cannabis testing market as follows:
Global Cannabis Testing Market: By Product & Software Segment Analysis
Products
Analytical Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Spectroscopy Instruments
Mass Spectrometry
Atomic Spectroscopy
Consumables
Chromatography Columns
Standards & CRMS
Sample Preparation Products & Software
Supplies & Accessories
Software
Global Cannabis Testing Market: By Method of Testing Segment Analysis
Potency
Residual Solvent Screening
Heavy Metal
Pesticide Screening
Terpene Profiling
Genetic
Microbial Analysis
Global Cannabis Testing Market: By End-Users Segment Analysis
Cannabis Testing Laboratories
Research Institutions
Cultivators
Drug Manufacturers and Dispensaries
Global Cannabis Testing Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
Contact Us:
Facts & Factors
Global Headquarters
Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
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 Global Cannabis Testing Market to Cross USD 3,526 Million By 2027 here
News-ID: 1911264 • Views: …
More Releases from Facts & Factors
Trending: Military Vehicle Electrification Market Size & Share To Exceed USD 9.5 …
The Military Vehicle Electrification Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. The report titled Military Vehicle Electrification Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market.
Request Access Full Report is Available @ https://www.fnfresearch.com/military-vehicle-electrification-market
This covers market…
Global AIOps (Artificial Intelligence for IT Operations) Market - Size, Share, G …
The research report presents a strategic analysis of the AIOps (Artificial Intelligence for IT Operations) Market analysis through top players, size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. Further, the market attractiveness index is provided based on a five-forces analysis.
View the Full Report with Table of Contents @ https://www.fnfresearch.com/artificial-intelligence-for-it-operations-market
This report mainly focuses on the top players and their…
Exceptional Growth in Global Quantum Dot Solar Cell Market Size, Share to Gain U …
The Quantum Dot Solar Cell Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation.
Request Access Full Report is Available @ https://www.fnfresearch.com/quantum-dot-solar-cell-market
The report titled "Quantum Dot Solar Cell Market" is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This…
Global Energy Meter Market Size, Share, Growth, Business Strategies and Forecast …
The Energy Meter Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation.
Request Access Full Report is Available @ https://www.fnfresearch.com/energy-meter-market
The report titled Energy Meter Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This covers market demands, major…
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…
