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The global cannabis extraction & analytical testing market is growing at a CAGR of 15.77% during the forecast period 2023-2032. Request Free Sample Report.
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Rising Medical Usage Boosts Cannabis Extraction & Analytical Testing Market Growth According to Inkwood Research, the Global Cannabis Extraction & Analytical Testing Market is forecasted to record a CAGR of 15.77% in terms of revenue over the forecasting period of 2023- 2032. “Browse 51 Market Data Tables and 50 Figures spread over 320 Pages, along with an in-depth TOC on the Global Cannabis Extraction & Analytical Testing Market Forecast 2023-2032.” VIEW TABLE OF CONTENT LINK -https://inkwoodresearch.com/reports/cannabis-extraction-and- analytical-testing-market/ Cannabis is well-known for its numerous therapeutic activities, as demonstrated in pre-clinical and clinical studies, primarily due to its bioactive compounds. As the cannabis industry experiences rapid expansion, product development and extraction techniques have emerged as critical components of cannabis research. Over the past few decades, there has been a heightened focus on the medical applications of cannabis. REQUEST FREE SAMPLE LINK – https://inkwoodresearch.com/reports/cannabis-extraction-and- analytical-testing-market/#request-free-sample Increase in Use of Medical Cannabis Bolsters Global Market Growth Utilizing prescribed medical cannabis offers several advantages compared to illicit cannabis, including safer modes of administration, enhanced accessibility assurance, and improved doctor- patient communication. Patients can also receive accurate information regarding the THC/CBD composition, a persistent concern with illicit products. Further initiatives should be undertaken to facilitate the transition of patients from illicit sources to regulated, quality-controlled cannabis products. Cannabis Analytical Testing Equipment: Highest Revenue-Generating Equipment Type Cannabis labs must have a variety of analytical tools on hand for cannabis testing. These laboratories conduct tests for cannabinoids, potency, heavy metals, pesticides, residual solvents, moisture, terpene profile, microbial and fungal growth, and mycotoxins/aflatoxins. Europe to Rise with Highest CAGR European countries now have access to reliable supplies of cannabis-based medicines for patients, thanks to the development of medical and pharmaceutical-grade extraction facilities on the continent. This is a positive development because there have long been shortages in the area. The competition in the global market is expected to be intense during the forecast years. Also, some of the major enterprises operating in the global cannabis extraction & analytical testingmarket include Thermo Fisher Scientific Corp, Aurora Cannabis Inc, Craft Cannabis, etc. Request for Customization: https://inkwoodresearch.com/request-for-custom-report/
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