Cannabis Testing Services Market 2026 Recent Trends, Growth Opportunities, Forecast by Application and Types with Worldwide Top Key Players SC Laboratory, Eurofins Scientific, EVIO Labs

Cannabis Testing Services Market Report 2020-2027 includes a comprehensive analysis of the present Market. The report starts with the basic Cannabis Testing Services industry overview and then goes into each and every detail.

Cannabis Testing Services Market Report contains in-depth information on major manufacturers, opportunities, challenges, and industry trends and their impact on the market forecast. Cannabis Testing Services also provides data about the company and its operations. This report also provides information on the Pricing Strategy, Brand Strategy, Target Client, Distributors/Traders List offered by the company.

Cannabis Testing Services Market competition by top manufacturers/players, with Cannabis Testing Services sales volume, Price (USD/Unit), Revenue (Million USD) and Market Share for each manufacturer/player; the top players including "SC Laboratory, Eurofins Scientific, EVIO Labs, ProVerde Laboratories, Inc., Praxis laboratory Cascadia Labs, Encore labs, SGS Canada Inc., Pharm Labs LLC, and Agricore Laboratories."

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Description:

Cannabis market is highly influenced by rigorous legalization efforts, which are aiming for approval of cannabis for medicinal or recreational purpose. Various governments and regulatory authorities are taking efforts to legalize cannabis, owing to its medicinal benefits. Moreover, commercialization of cannabis-based products under the legalized standards require successful cannabis testing, which further results in lucrative growth opportunity for market players.

Some Important TOC:

Market Overview
Global Market Landscape by Player
Players Profiles
Global Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Global Production, Consumption, Export, Import by Region (2013-2020)
Production, Revenue (Value) by Region (2013-2020)
Manufacturing Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Market Dynamics
Global Market Forecast (2020-2026)
Research Findings and Conclusion
Appendix

Increasing Research & Development Activities in Cannabis and Establishment of New Cannabis Testing Labs is expected to Drive Growth of the Cannabis Testing Service Market

Increasing research and development activities in cannabis to improve the productivity and quality of cannabis product is major driving force for the global cannabis testing service market growth. For instance, in November 2018, a team of researchers at the University of Guelph investigated technologies that can help in growing better quality marijuana. The team focused on controlled environment production of medical marijuana, with proprietary plant-growing technology, using chambers to monitor and regulate all variables throughout the growth.

Moreover, the research also involved sensors attached to the plants to analyze the plants' response to different types of management strategies. This approach allowed the team to produce organically grown, pesticide-free, high-yielding strains of cannabis, in addition to consistent generation of high-quality products in every batch.

Key players in the market are focused on establishment of novel state-of-art cannabis testing laboratories in key regions to provide a wide range of services in cannabis testing, which is expected to drive growth of the cannabis testing service market. For instance, in April 2018, Gala Pharmaceutical, Inc. announced its plans to build its first state-of-the-art testing laboratory that will meet the new ISO requirements set by the City of Long Beach and the State of California, U.S. in accordance with the Medical Marijuana Regulation and Safety Act.

In December 2018, Gala Pharmaceutical California Inc., a subsidiary of Gala Pharmaceutical, Inc. received a Temporary License from the State of California to construct its flagship cannabis testing facility in Long Beach, California, U.S.

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What's In The Offering:

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analyzing previous years' data of these segments and sub-segments for getting an accurate and complete market size.

Research Methodology:

- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model

Preliminary Data Mining
Data Standardization
Coherent Statistical model
Data Processing
Data Validation

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