The Europe cannabis testing market is expected to reach US$ 770.30 million by 2027 from US$ 431.58 million in 2019. The market is anticipated to grow with a CAGR of 7.7% from 2020 to 2027.

Medicinal Cannabis is now legal in most of the regions across the world. It is crucial to test the cannabis products used for medicinal purposes to avoid side effects. Cannabis testing is used in various applications that include determining the concentration of cannabis in various analytical samples such as pharmaceutical drugs, and detection of contaminants such as bacteria and fungi. Further, the Cannabis testing is also performed for the determination of trace metals, such as arsenic and cadmium that can adversely impact human health if remained unchecked. These tests are performed with the help of various analytical techniques such as chromatography, spectrometry, ELISA, and polymerase chain reaction (PCR).

The Business Market Insights provides you regional research analysis on “Europe Cannabis Testing Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe Cannabis Testing market during the forecast period, i.e., 2020–2027.

Get Sample Copy of this Europe Cannabis Testing market research report at - https://www.businessmarketinsights.com/sample/TIPRE00003507

The Europe cannabis testing market is expected to reach US$ 770.30 million by 2027 from US$ 431.58 million in 2019. The market is anticipated to grow with a CAGR of 7.7% from 2020 to 2027.  

Company Profiles

Agilent Technologies, Inc.
Perkin Elmer, Inc.
Shimadzu Corporation
Sciex (Danaher)
Merck KGaA
Restek Corporation
Waters
Cannasafe Analytics
Accelerated Technology Laboratories, Inc.
Digipath Inc.

The growth of the market in the region is attributed to the factors such as increasing government funding and focus for cannabis use and increasing demand for research activities to improve the quality of cannabis. However, the cannabis used as a street drug and trouble with CBD oil are the factors negatively impacting the growth of the market in the coming years.

By Product

Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Spectroscopy
Mass Spectrometry
Atomic Spectrometry
Consumables
Standard and CRMs
Software

By Service

Potency Testing
Terpene Profiling
Pesticide Screening
Residual Solvent Screening
Heavy Metal Testing
Microbial Analysis
Genetic Testing

By End User

Testing Laboratories
Drug Manufacturers
Research Institutes

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key player in the Europe Cannabis Testing market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Cannabis Testing market segments and regions.

Order a Copy of this Europe Cannabis Testing market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00003507

The research on the Europe Cannabis Testing market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Cannabis Testing market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Cannabis Testing market.

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This release was published on openPR.