The Rising Role Of Cann*abis In Healthcare Fuels Growth In The Cann*abis Testing Market: An Emerging Driver Transforming The Cann*abis Testing Market Landscape

The Cann*abis Testing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Cann*abis Testing Market Size and Projected Growth Rate?
The size of the Cann*abis testing market has experienced quick expansion in recent years. The market is projected to swell from $3.02 billion in 2024 to $3.57 billion in 2025, reflecting an 18.0% compound annual growth rate (CAGR). The expansion seen in the historic period is due to factors such as the globalization of the Cann*abis market, concerns about consumer safety, regulatory compliance, assurance of product quality, public health and safety considerations, and transparency in the supply chain.

The size of the Cann*abis testing market is projected to experience a swift expansion in the coming years, with expectations to achieve a worth of $7.36 billion by 2029, growing at a compound annual growth rate (CAGR) of 19.9%. This surge during the predicted period can be credited to factors such as enduring legalization processes, more rigid rules, quality supervision in farming, genetic examination, intensifying research and development activities, and improved public understanding and education. The forthcoming trends within this period encompass advancements in technology, quality checks in harvesting, microbial examinations, profiling of canna*binoids, and testing for pesticide and residue presence.

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What Are the Major Segments in the Cann*abis Testing Market?
The Cann*abis testing market covered in this report is segmented -

1) By Test Type: Potency Testing, Pesticide Screening, Residual Solvent Screening, Heavy Metal Testing, Terpene Testing, Mycotoxin Testing, Other Test Types
2) By Technology: Chromatography, Spectroscopy, Other Technologies
3) By Portability: Standalone, Hand Held Devices
4) By End User: Testing Laboratories, Drug Manufacturers, Research Institutes, Other End Users

Subsegments:
1) By Potency Testing: T*HC Testing, CB*D Testing, Other canna*binoids Testing
2) By Pesticide Screening: Herbicide Testing, Insecticide Testing, Fungicide Testing
3) By Residual Solvent Screening: Solvent Class Testing, Total Residual Solvent Analysis
4) By Heavy Metal Testing: Lead Testing, Arsenic Testing, Cadmium Testing, Mercury Testing
5) By Terpene Testing: Major Terpene Profile Analysis, Minor Terpene Analysis
6) By Mycotoxin Testing: Aflatoxin Testing, Ochratoxin Testing, Other Mycotoxins
7) By Other Test Types: Microbial Testing, Moisture Content Testing, Foreign Material Testing

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What Are The Driving Cann*abis Testing Market Evolution?
The escalating consumption of Cann*abis for medicinal purposes is projected to spur the expansion of the Cann*abis testing market. Cann*abis is commonly used to alleviate muscular issues and stress, as well as reducing nausea and vomiting after chemotherapy. Consequently, there is a growing trend of using Cann*abis for therapeutic purposes. Moreover, Cann*abis has shown effectiveness in soothing epileptic seizures and reduces the severity of these seizures. For example, the World Health Organization reported in 2022 that out of the global population of 147 million, approximately 2.5% are Cann*abis consumers. Hence, the escalating consumption of Cann*abis for medicinal purposes is propelling the expansion of the Cann*abis testing market.

Which Firms Dominate The Cann*abis Testing Market Segments?
Major companies operating in the Cann*abis testing market include Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, SGS Canada Inc., Eurofins Scientific SE, Agilent Technologies Inc., Sartorius AG, PerkinElmer Inc., Shimadzu Corporation, Waters Corporation, Ab Sciex LLC, LGC Limited, Tentamus Group, Phenomenex Inc., Saskatchewan Research Council (SRC), Restek Corporation, SC Laboratories, Anresco Labs, Praxis Labs, Accelerated Technology Laboratories Inc., GreenLeaf Lab, ACT Laboratories, PharmLabs LLC, Abko Labs, BelCosta Labs, Medicinal Genomics, CW Analytical Laboratories Inc, DigiPath Inc, CDX Analytics, Steep Hill Halent Laboratories Inc.

What Trends Are Expected to Dominate the Cann*abis Testing Market in the Next 5 Years?
The primary trend making waves in the Cann*abis testing market is strategic alliances. A majority of prominent firms in this sector are entering into partnerships to bolster their market stance. As an example, in March 2022, Digipath Inc., an American Cann*abis testing lab, aligned with CASPR Technologies, a Nigerian firm specializing in intelligent indoor environment technology for healthcare. This collaboration aims to enable Digipath to evaluate and prove the efficiency of CASPR's technology in botanical uses, precisely for Cann*abis and hemp.

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Which Is The Largest Region In The Cann*abis Testing Market?
North America was the largest region in the Cann*abis testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the Cann*abis testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cann*abis Testing Market?
2. What is the CAGR expected in the Cann*abis Testing Market?
3. What Are the Key Innovations Transforming the Cann*abis Testing Industry?
4. Which Region Is Leading the Cann*abis Testing Market?

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