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The cannabis testing market is forecasted to grow by USD 2.04 billion during 2023-2028, accelerating at a CAGR of 15.23% during the forecast period. The report on the cannabis testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of cannabis for medical purposes, growing adoption of information management solutions, and increasing global awareness about benefits of cannabis.
The cannabis testing market is segmented as below:
By Product
- Consumables
- Instruments
- Software
By End-user
- Cannabis cultivators/growers
- Cannabis drug manufacturers
- Others
By Geography
- North America
- Europe
- Asia
- Rest of World (ROW)
The report on the cannabis testing market covers the following areas:
- Cannabis testing market sizing
- Cannabis testing market forecast
- Cannabis testing market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global cannabis testing market: Agilent Technologies Inc., AmSpec LLC, Analytical Center Biopharm GmbH, Bio Rad Laboratories Inc., Danaher Corp., Digipath Inc., Eurofins Scientific SE, KNAUER Wissenschaftliche Gerate GmbH, LabWare Inc., Medicinal Genomics Corp., Merck KGaA, Mettler Toledo International Inc., PerkinElmer Inc., Sartorius AG, SGS SA, Shimadzu Corp., Thermo Fisher Scientific Inc., and Waters Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of luxury cannabis products."
According to the report, one of the major drivers for this market is the increasing use of cannabis for medical purposes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agilent Technologies Inc.
- AmSpec LLC
- Analytical Center Biopharm GmbH
- Bio Rad Laboratories Inc.
- Danaher Corp.
- Digipath Inc.
- Eurofins Scientific SE
- KNAUER Wissenschaftliche Gerate GmbH
- LabWare Inc.
- Medicinal Genomics Corp.
- Merck KGaA
- Mettler Toledo International Inc.
- PerkinElmer Inc.
- Sartorius AG
- SGS SA
- Shimadzu Corp.
- Thermo Fisher Scientific Inc.
- Waters Corp.
