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Cannabis Testing Services Market Report- 2026 Analyses competitive environment such as key players, future trends, growths, challenges and acquisitions in the market.
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CANNABIS TESTING SERVICES MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Cannabis Testing Services Market - Overview Global Cannabis Testing Services Market, by Test Type (Potency Testing, Terpene Profiling, Cannabinoid Profiling, Pesticide Screening, Residual Solvent Testing, Microbiological Screening, and Other Tests), by End User (Cannabis Firms, Homecare Settings, and Research Institutes), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 114.3 million in 2017, and is projected to exhibit a CAGR of 8.5% over the forecast period (2018 - 2026), as highlighted in a new report published by Coherent Market Insights. Increasing research and development activities to improve the productivity and quality of cannabis products is expected to boost the market growth. For instance, in November 2018, University of Moncton, located in New Brunswick, Canada, announced a partnership with the Government of Canada, Genome Atlantic, Genome Canada, New Brunswick Innovation Foundation, and Organigram to advance cannabis research and to increase its productivity. The purpose of this collaborative, innovative, and research-driven partnership is to help improve the productivity and quality of cannabis products. Moreover, in November 2018, Strainprint Technologies Ltd., a company focused on cannabis data and analytics, announced a partnership with Israel-based companies, Lumir Lab and Gynica to conduct the world's first international clinical study on the use of cannabis for the treatment of endometriosis. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/cannabis-testing-services-market-2976 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Testing laboratories in cannabis testing service market are focusing on strategic mergers and acquisitions in order to gain significant market share. For instance, in March 2017, U.S.-based Steep Hill Labs, Inc. entered into a strategic partnership with iCAN: Israel-Cannabis, an Israel- based medical marijuana company, to establish a testing lab in the Israel. In March 2019, Blueberries Medical Corp., a Colombia-based licensed medicinal cannabis producer, entered into a binding agreement to acquire cannabis cultivation, processing, manufacturing, export, and other rights in Argentina from BBV Labs Inc. Browse 38 Market Data Tables and 27 Figures spread through 188 Pages and in-depth TOC on "Cannabis Testing Services Market, By Test Type (Potency Testing, Terpene Profiling, Cannabinoid Profiling, Pesticide Screening, Residual Solvent Testing, Microbiological Screening, and Other Tests), By End User (Cannabis Firms, Homecare Settings, and Research Institutes), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026" In January 2019, Washington state regulators discussed changes to the recreational marijuana program, which includes implementing mandatory pesticide testing in the near future. Implementation of regulation for pesticide screening of cannabis in the U.S. is expected to boost demand for pesticide screening and drive the growth of the segment over the forecast period. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/2976 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Takeaways of the Cannabis Testing Services Market: The global cannabis testing services market is expected to register a CAGR of 8.5% during the forecast period (2018–2026), owing to increasing research & development and acquisition activities related to cannabis Among test type, the cannabinoid profiling segment is expected to hold major revenue share in 2026. Cannabinoid profiling offers accurate information to cultivators, cannabis-based product manufacturers, patients, and caregivers regarding the concentration of active cannabinoids in their cannabis sample. Major players operating in the global cannabis testing services market include, SC Laboratory, Eurofins Scientific, EVIO Labs, ProVerde Laboratories, Inc., Praxis Laboratory Cascadia Labs, Encore labs, SGS Canada Inc., Pharm Labs LLC, and Agricore Laboratories Moreover, Steep Hill Labs, Inc. also announced plans to expand operations to six western European markets in 2018. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/2976 © Coherent market Insights. All Rights Reserved
ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved
ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS Global Leading Equipment and System Manufacturers Marketing Consultancies and the Advertising Industry Component Providers and System Integrators Private and Government organization Distributors, Retailors and Value Added Resellers Outsourcing Companies Healthcare IT Solutions Developers Universities and Business Schools. © Coherent market Insights. All Rights Reserved
KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved
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