Press release
Cannabis Testing Market is Expected to Showcase Significant Growth By 2027 | Evolving Opportunities with Agilent Technologies, Shimadzu Corporation, PerkinElmer, Millipore Sigma, AB SCIEX LLC
Cannabis Testing Market has been provided in the latest report launched by SMI that primarily focuses on the World industry trends, demand, Share, Consumption and Growth with competitive analysis and Future Forecast 2020-2027.The report begins with a brief introduction regarding the major factors influencing the Cannabis Testing Market current and future growth, challenges, and opportunities, restraints, and trends. The Cannabis Testing market purpose of the report is to define the market requirements by describing the market information, dynamics, business plans, and segmentation. The researchers provide a detailed study of important parameters for top players including current development, gross margin, market share, future development strategies, product collection, product, and revenue.
Cannabis testing involves quantification of major chemical compound and active ingredient in the given specimen of cannabis. Cannabinoids and terpene are major active ingredient that has medicinal potency. Depending on the concentration of the chemical active ingredient, the potency of the sample representing huge quantity of cannabis is decided. Cannabis testing is performed with the help of analytical instruments such as liquid chromatography, gas chromatography etc. Commercial labs offers dedicated cannabis testing services in developed region. Increasing number of the medicinal usage is propelling demand for commercial manufacturing of cannabis. However, government authorities demands quality testing of the cannabis before using them for recreational and medicinal purpose.
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[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology]
Key companies covered as a part of this study include Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer, Inc., Millipore Sigma, AB SCIEX LLC, Cannabix Technologies, Inc., Waters Corporation, Steep Hill Labs, Inc., SC Laboratories Inc., CannaSafe Analytics, GenTech Scientific, Pharm Labs, LLC, and Digipath Labs, Inc
Market Dynamics:
Cannabis testing products and services market is witnessing significant growth with increased government approval and loosening regulatory stringent ness over use of cannabis for commercial and recreational purpose. For instance, in February 2016, the Australian government amended the Narcotics Drugs Act 1967, to allow cultivation of cannabis for medicinal or scientific purposes under a national licensing scheme, which is expected to favor the growth of the commercial manufacturing of cannabis plant in the region, which in turn would also drive growth of the cannabis testing market. Furthermore, the Australian government in January 2018, announced that it would allow medicinal cannabis exports, which is expected to provide growth opportunities for domestic manufacturers. Increasing number of laboratories offering cannabis testing is expected to further drive the market growth.
The report includes an in-depth analysis of the vendor landscape and total business profiling of leading players (Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer, Inc., Millipore Sigma, AB SCIEX LLC, Cannabix Technologies, Inc., Waters Corporation, Steep Hill Labs, Inc., SC Laboratories Inc., CannaSafe Analytics, GenTech Scientific, Pharm Labs, LLC, and Digipath Labs, Inc) of the Cannabis Testing Market. This research could help players to identify profit-making opportunities available in the Cannabis Testing Market. The study presents details on the market share which each country estimates for, as well as the effective growth opportunities expected for each geography. The reports implementing complete analytical data on the geographical segments, which include North America, Europe, and Asia-Pacific, South America, Middle East, and Africa.
A market research analysis and estimations carried out in this Cannabis Testing report aids businesses in gaining knowledge about what is already there in the market, what market looks forward to, the competitive background and steps to be followed for exceeding the rivals.
Detailed Segmentation:
Global Cannabis Testing Market, By Product and Service Type:
Product type
Analytical Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Consumables
Breathe Analyzer
Service Type
Potency Testing
Terpene Testing
Pesticide Testing
Residual Solvent
Heavy Metal Testing
Mycotoxin and Microbial Testing
Others
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Global Cannabis Testing Market, By End Users:
Testing Laboratories
Drug Manufacturer
Research Institutes
Regional Segmentation:
o North America (the United States, Canada, and Mexico)
o Europe (Germany, UK, France, Italy, and Russia, etc.)
o Asia-Pacific (China, Japan, ASEAN, India, and Korea)
o The Middle East and Africa (UAE, Egypt, South Africa, Saudi Arabia)
o South America (Brazil, Chile, Peru, and Argentina)
In addition to this, report pinpoints industrial dynamics and provides analysis of the most important trends expected to impact the growth of market. Factors that have positive impact on growth of market and contributes to the growth or decline are also explained thoroughly in this study. Complete analysis about the market helps readers to understand holistic view and industry. Thus, it allows them to explore the market growth trend in the future and subsequently make correct business-related decisions. This study also provides the growth rate expected to be recorded by the industry over the predicted period.
Key Questions Answered in this Report:
1 What are the changing trends of Cannabis Testing Market?
2 What will the market size in 2027?
3 What are the key factors responsible for driving the Cannabis Testing Market?
4 What are the challenges that can affect the growth of market?
5 Which are the prominent players involved in Cannabis Testing market?
6 What are the market opportunities and threats faced by major players?
7 What is the rate of return in the industry?
If you have any special requirements, please let us know and we will offer you the report as your requirement.
Cannabis Testing Market Inquiry Here For Customisation and Detail Report @ https://www.stratagemmarketinsights.com/quiry/13257
Contact us:
Mr. Shah
Stratagem Market Insights
Tel: +1 415 871 0703
Email: sales@stratagemmarketinsights.com
About Us:
Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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