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Hemp Testing Market to Expand to USD 4.11 Billion by 2030, with a 12.7 Percentage CAGR Growth

08-27-2024 11:39 AM CET | Health & Medicine

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Hemp Testing Market

Hemp Testing Market

๐‡๐ž๐ฆ๐ฉ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The Hemp testing market is driven by rising awareness of Hemp's medical benefits, increasing legalization, and growing demand for accurate testing services. The market benefits from advances in testing technologies and the establishment of new laboratories. Key players are innovating with new products to meet demand. However, high start-up costs for testing facilities and complex regulatory requirements pose challenges. Regionally, North America leads in growth due to stringent regulations, while Asia Pacific and Europe are also expanding rapidly.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/33105/

๐‡๐ž๐ฆ๐ฉ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

The Hemp testing market is expanding due to increased Hemp legalization, government support, and rising awareness of its medical benefits. Key drivers include new product launches and growing demand for testing services. However, high startup costs and the need for advanced equipment pose significant challenges. Despite this, advancements in analytical techniques and regulatory support are boosting market growth.

๐‡๐ž๐ฆ๐ฉ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The North American Hemp testing market is set to grow at a 15.7% CAGR due to numerous producers and stringent regulations. In Canada and the US, high Parkinson's disease rates and treatments are driving demand. Asia Pacific will see rapid growth due to rising awareness and investment. Europe's market will expand with increased legalization and research.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/33105/

๐‡๐ž๐ฆ๐ฉ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž:

Market Size in 2023: USD 1.78 Bn.

Market Size in 2030: USD 4.11 Bn.

CAGR: 12.7% (2024-2030)

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 256

No. of Tables: 126

No. of Charts and Figures: 118

Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

๐‡๐ž๐ฆ๐ฉ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐“๐ฒ๐ฉ๐ž

Potency Testing
Terpene Profiling
Heavy Metal Testing
Pesticide Screening
Microscopy Testing
Residual Solvent Screening

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

Hemp Drug Manufacturers
Hemp Cultivators/Growers

Others (Research Institutes & Labs)

๐๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ

Chromatography
Liquid Chromatography
Gas Chromatography
Other
Spectroscopy
Mass Spectrometry
Atomic Spectrometry
Others

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/33105/

๐‡๐ž๐ฆ๐ฉ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

Saskatchewan Research Council (SRC)
SC Labs
Steep Hill, Inc.
SGS Canada Inc.
CW ANALYTICAL
PharmLabs
GreenLeaf Lab
Agilent Technologies Inc.
Shimadzu Scientific Instruments
Merck KGaA
Restek Corporation
PerkinElmer Inc.,
Danaher Corporation
Accelerated Technology Laboratories Inc.
Steep Hill Halent Laboratories Inc.
Digipath Inc.
Pharmlabs LLC.

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/market-report/global-Hemp-testing-market/33105/

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

The ๐๐ฎ๐ฅ๐ ๐š๐ซ๐ข๐š ๐„๐ฉ๐ข๐ฅ๐ž๐ฉ๐ฌ๐ฒ ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 2475.39 Thousand in 2023 and the total Bulgaria Epilepsy Treatment Market revenue is expected to grow at a CAGR of 2.06 % from 2024 to 2030, reaching nearly USD 2855.17 Thousand. The Bulgaria Epilepsy Treatment Market also includes alternative treatments and therapies aimed at managing epilepsy symptoms and improving patient quality of life.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/bulgaria-epilepsy-treatment-market/252637/

๐•๐ž๐ญ๐ž๐ซ๐ข๐ง๐š๐ซ๐ฒ ๐๐Ž๐‚ ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 2.32 Bn in 2023 and is expected to reach USD 4.92 Bn by 2030, at a CAGR of 11.33%. The increasing emphasis on preventive healthcare drives demand for early disease detection solutions, presenting opportunities for innovative wellness screening POC diagnostic systems.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/veterinary-poc-diagnostic-market/249659/

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ž๐ฉ๐ญ๐ข๐œ๐š๐ฅ ๐„๐ง๐œ๐จ๐๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ is expected to reach US$ 3.64 Bn by 2029, at a CAGR of 8.5% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-optical-encoders-market/64165/

๐๐ฎ๐œ๐ฅ๐ž๐š๐ซ ๐ˆ๐ฆ๐š๐ ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ is expected to reach $4.10 Bn by 2029 from $2.81 Bn in 2022, at a CAGR of 5.5% during forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-nuclear-imaging-services-market/90271/

๐Ž๐’๐’ ๐๐’๐’ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐š๐ง๐ ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ size is expected to grow at 13.7% throughout the forecast period, reaching nearly US$ 131.21 Billion by 2029.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/oss-bss-system-and-platform-market/46029/

๐•๐จ๐ข๐œ๐ž ๐‚๐ฅ๐จ๐ง๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at US$ 0.91 Bn in 2022 and is expected to reach US$ 3.02 Bn by 2029 at a CAGR of 18.69% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-voice-cloning-market/24199/

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐ˆ๐ฆ๐š๐ ๐ข๐ง๐  ๐‘๐ž๐š๐ ๐ž๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued US$ 14.17 Bn in 2022 and is expected to reach 24.95 Bn by 2029, at a CAGR of 8.42 % during a forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-medical-imaging-reagents-market/29412/

๐‹๐ข๐ง๐ค๐ž๐๐ข๐ง ๐๐จ๐ฌ๐ญ:

https://www.linkedin.com/posts/shweta-jadhav-359699311_kitchenware-market-cooking-activity-7232058991961391105-irc4?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/shweta-jadhav-359699311_cosmetic-threads-market-activity-7232060717535805442-xxxQ?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/shweta-jadhav-359699311_thermoelectric-assemblies-market-activity-7232062300239671297-k7OF?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/shweta-jadhav-359699311_spiral-freezers-market-activity-7232063966208741377-XByr?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/shweta-jadhav-359699311_hardware-loop-market-activity-7232065771076534272-NkY1?utm_source=share&utm_medium=member_desktop

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical categories and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, category and demand analysis, and client impact studies.

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