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With the growing need to contain drug abuse and adulteration in cannabis, there is a strong need for quality testing labs in developed economies, this acts as a pivotal factor in boosting the sale of cannabis. Moreover, the positive scenario of scientific literature, clinical trials, and consumer awareness is creating a strong favorable narrative for the market.
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Cannabis Testing Service MarketSet to Reach US$ 3.4 Billion by 2027 | CAGR: 14.9% “Cannabis Testing Services Market Share, Size, Trends, Industry Analysis Report, By Service Type (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, and Others); By End-Use; By Regions; Segment Forecast, 2020 - 2027”
Cannabis Testing ServiceMarket Estimate & Forecast According to a latest report by Polaris Market Research, the global Cannabis Testing Service market is anticipated to reach US$ 3.4 Billion by 2027 registering a CAGR of 14.9% during the forecast period 2020 to 2027. The report offers in-depth insights, market share, and other vital information such as key trends, drivers, restraints, opportunities, and hurdles in the Cannabis Testing Service market over the forecast period. The impact of the COVID-19 pandemic on manufacturing processes, unit sales, and revenues incorporated into the Cannabis Testing Service market projections. A rise in technological innovations, increasing investments for improving product offerings, and initiations of research programs are projected to drive significant growth for the global Cannabis Testing Service market over the forecast period. The analysis covered in the report evaluates the Cannabis Testing Service market based on various parameters such as manufacturing rights & patents, brand loyalty, switching costs, capital investments, distribution channels, government regulations, and the impact of consumer preferences. This all summarized vital information will help the key decision-makers of the industry in their decision-making process.
Cannabis Testing Service Market Scope Request for sample
Cannabis Testing Service Market Estimate & Forecast The report covers a comprehensive analysis of the Cannabis Testing Service market by Service, End Use and region. The report also sheds light on the key market segments that are major contributors in terms of revenue generation. The information provided in the research report is anticipated to be helpful for all the key stakeholders of the Cannabis Testing Service market. The research report prepared for the Cannabis Testing Service market presents vital information gathered after deep analysis of the leading players from the market, including agreements, acquisitions & mergers, partnerships, new product launches, collaborations & joint ventures, research & development, and regional expansion. Major players operating in the Cannabis Testing Service market are Shimadzu Corporation, Agilent Technologies, PerkinElmer, Inc., Millipore Sigma, AB Sciex LLC (a Danaher Company), Restek Corporation, Thermo Fisher Scientific, Inc., Waters Corporation, Fritsch Milling, Accelerated Technology Laboratories, CannaSys, Inc., PharmLabs, LLC, Guardian Data Systems, Inc., Lab Lynx, Inc., Steep Hill Halent Laboratories, DigiPath, Inc., SC Laboratories, CannaSafe Analytics, and CW Analytical Laboratories. Browse Complete Report
Cannabis Testing Service Market Size Request for TOC
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