openPR Logo
Press release

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.

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

News-ID: 3635969 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a Robust 13.71% CAGR
Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a โ€ฆ
Bangladesh Ceramics Tiles Market size was valued at USD 882.56 Million in 2023 and the total Bangladesh Ceramics Tiles Market revenue is expected to grow at a CAGR of 13.71 % from 2024 to 2030, reaching nearly USD 2169.38 Million. Bangladesh Ceramics Tiles Market Overview: The Bangladesh ceramics tiles market is a vital component of the country's construction and building materials industry, driven by rapid urbanization, infrastructure development, and rising disposable incomes.โ€ฆ
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030. Furfural Market Overview: The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,โ€ฆ
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to Grow at a 5.59% CAGR Through 2032
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to โ€ฆ
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion. Chemical Protective Clothing Market Overview: The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range ofโ€ฆ
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR Growth to 2032
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR โ€ฆ
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion. Prefabricated Homes Market Overview: The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizesโ€ฆ

All 5 Releases


More Releases for Hemp

Hemp Juice Market Complete Survey 2021-2028: Hemp CBD Ltd., Sana Hemp Juice, Kam โ€ฆ
Hemp juice is basically obtained from the upper part as well as the leaves of a hemp plant. To extract this juice, most of the juice manufacturers utilized low-speed juicers. The hemp juice usually contains high Calcium, Phosphorus, Magnesium, Selenium, Vitamin E, Zinc, Iron, and Vitamin A. In addition to that, this juice further reduces the risk of many diseases and promotes health. Many individuals mostly preferred hemp juice owingโ€ฆ
Global Industrial Hemp Market Growing Popularity and Emerging - Industrial Hemp โ€ฆ
The โ€œIndustrial Hemp Market by Product (Seeds, Fiber, and Shivs) and by Application (Animal Care, Textiles, Automotive, Furniture, Food & Beverages, Paper, Construction Materials, Personal Care, and Others): Global Industry Perspective, Comprehensive Analysis,โ€ A fundamental outline of the Industrial Hemp niche is presented by the Industrial Hemp report that entails definitions, classifications, applications together with industry chain framework. The Industrial Hemp report provides a far-reaching evaluation of necessary market dynamicsโ€ฆ
Global Hemp Juice Market 2020 Future Trends - Blue Moon Hemp, Cloud 9 Hemp, HANO โ€ฆ
The โ€œHemp Juice Market by Nature (Organic and Conventional), by Form (Powder and Liquid), by End-Use (Household and Commercial), and by Distribution Channel (Direct Sales and Indirect Sales): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2โ€ A fundamental outline of the Hemp Juice niche is presented by the Hemp Juice report that entails definitions, classifications, applications together with industry chain framework. The Hemp Juice report provides a far-reaching evaluation ofโ€ฆ
Hemp Juice Market 2020 Top Companies- Sana Hemp Juice, Cloud 9 Hemp, Blue Moon H โ€ฆ
Hemp Juice Market Hemp juice is extracted from the leaves and upper part of the hemp plant. Majority of the hemp juice manufacturers are using specialized low-speed juicers to extract the juice. Due to increasing stress and speed of modern life, our body strives for energy and revitalization. Intake of hemp juice leads to revitalization & rejuvenation of the body parts and restores as well as regenerates the healthy lifestyle amongโ€ฆ
Hemp-based Foods Market Future Outlook : Manitoba Harvest Hemp Oil Canada, Braha โ€ฆ
For in depth understanding of market and competitive landscape, this Hemp-based Foods Market research report serves a lot of parameters and detailed data about industry. The Hemp-based Foods Market report offers you steadfast knowledge and information of revolutionizing market landscape, what already exists in the Hemp-based Foods Market, future trends or what the market expects, the competitive environment, and strategies to plan to outshine the competitors. This information andโ€ฆ
Hemp Market: Hemp Production Services, Manitoba Harvest Hemp Foods, All American โ€ฆ
A new market research report on the Global Hemp market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Hemp market. The Global Hemp analysis is broken down on different segmentation levels including Market By Product Type, By End Use, By Nature. The Global Hemp Market accounted for USD XX.X Million in 2018. Further, the market is expected to reach to aโ€ฆ