1 / 12

Cannabis Testing Services Market Size Strong Revenue and Competitive Outlook

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.

priyanka1988
Download Presentation

Cannabis Testing Services Market Size Strong Revenue and Competitive Outlook

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Cannabis Testing Service Market Market Size Worth US$ 3.4 Billion by 2027 | CAGR: 14.9%

  2. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 “According to Polaris Market Research report, Cannabis Testing Service market is witnessing a major transformation and is projected to reach US$ 3.4 Billion by 2027 registering a CAGR of 14.9% during the forecast period 2020 to 2027.” The global Cannabis Testing Service market growth is driven by some of the key factors such as growing awareness among consumers, increasing investments by private-public organizations, and favorable government policies. Additionally, many prominent players present in the market are concentrating on the adoption of new technology and product launches to obtain a competitive edge, which in turn contributes to the Cannabis Testing Service market growth. The regulatory agencies are also playing a key role as the major driving force for the market, by safeguarding the quality of product/service offerings as well as accelerating new approvals. Cannabis Testing Service Market Report Scope: The study provides a comprehensive view of the Cannabis Testing Service market by segmenting it based on Service, End Use and region. All the segments of the market have been thoroughly analyzed based on present and future trends. The research report has identified the key segments contributing most to the Cannabis Testing Service market growth in terms of revenue along with other vital factors impacting the market dynamics. Further, the market analysis covered in the report also answers the imperative question for new entrants and existing players operating in the market. Browse Detailed Research Report On Cannabis Testing Service Market Analysis: https://www.polarismarketresearch.com/industry-analysis/cannabis-testing-service-market - 2 -

  3. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 By Service By End-Use By Region •Potency Testing •Terpene Profiling •Heavy Metal Testing •Pesticide Screening •Microscopy Testing •Residual Solvent Screening •Others •Drug Manufacturers •Cultivators/Growers •Research Institutes & Labs •North America (U.S., Canada) •Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) •Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea) •Latin America (Brazil, Mexico, Argentina) •Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa) Impact Analysis of COVID-19 on Cannabis Testing Service Market The global Cannabis Testing Service market is anticipated to continue its growth amid the covid-19 pandemic. After giving insightful information on market behavior pre and post COVID-19 pandemic, the report also sheds light on the key strategic moves to overcome the adverse impact of COVID-19 on business and turn the positive impact into a lucrative opportunity. Regional Outlook The regional market of North America is witnessing a significant rise in the growth rate and is expected to account for the largest market share over the forecast period. The market is flourishing as a result of its increasing application scope and ample availability of vital resources. During the forecast period, the Asia Pacific region is estimated to garner the highest CAGR for the Cannabis Testing Service market, owing to the presence of several leading local and international players operating in the regional market. Gain access to our latest research report that includes a detailed analysis of the COVID-19 pandemic influencing the Cannabis Testing Service market in different regions and how market players devising effective strategies to mitigate the effect of the pandemic: https://www.polarismarketresearch.com/industry-analysis/cannabis-testing-service-market/speak-to- analyst - 3 -

  4. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 Competitive Landscape Leading companies holding significant market shares in the Cannabis Testing Service market are analyzed considering their market shares, growth rates, market revenue, business strategies, and latest developments. Recent events for these major companies such as acquisitions, research initiatives, technological advancements, new solution/product launches, and geographical expansions considered in finalizing their position in the market. According to Polaris Market Research, the leading players with a noteworthy share in the Cannabis Testing Service market include 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. Request for sample: https://www.polarismarketresearch.com/industry-analysis/cannabis-testing-service- market/request-for-sample Table of Contents 1.Introduction 1.1.Report Description 1.1.1.Objectives of the Study 1.1.2.Market Scope 1.1.3.Assumptions 1.2.Stakeholders 2.Executive Summary 2.1.Market Highlights 3.Research Methodology 3.1.Overview 3.1.1.Data Mining 3.2.Data Sources 3.2.1.Primary Sources 3.2.2.Secondary Sources 4.Cannabis Testing Services Market Insights 4.1.Cannabis Testing Services – Industry snapshot 4.2.Cannabis Testing Services Market Dynamics - 4 -

  5. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 4.2.1.Drivers and Opportunities 4.2.1.1. Favorable legislations 4.2.1.2. Increasing usage for medical purposes 4.2.2.Restraints and Challenges 4.2.2.1. Adulteration and abuse 4.3.Porter’s Five Forces Analysis 4.3.1.Bargaining Power of Suppliers (Moderate) 4.3.2.Threats of New Entrants: (Low) 4.3.3.Bargaining Power of Buyers (Moderate) 4.3.4.Threat of Substitute (Moderate) 4.3.5.Rivalry among existing firms (High) 4.4.PESTLE Analysis 4.5.Cannabis Testing Services Market Industry trends 5.Cannabis Testing Services Market Assessment by Service Type 5.1.Key Findings 5.2.Introduction 5.2.1.Global Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 5.3.Potency Testing 5.3.1.Global Cannabis Testing Services Market, by Potency Testing, by Region, 2016 – 2027 (USD Million) 5.4.Terpene Profiling 5.4.1.Global Cannabis Testing Services Market, by Terpene Profiling, by Region, 2016 – 2027 (USD Million) 5.5.Heavy Metal Testing 5.5.1.Global Cannabis Testing Services Market, by Heavy Metal Testing, by Region, 2016 – 2027 (USD Million) 5.6.Pesticide Screening 5.6.1.Global Cannabis Testing Services Market, by Pesticide Screening, by Region, 2016 – 2027 (USD Million) 5.7.Microscopy Testing 5.7.1.Global Cannabis Testing Services Market, by Microscopy Testing, by Region, 2016 – 2027 (USD Million) 5.8.Residual Solvent Screening 5.8.1.Global Cannabis Testing Services Market, by Residual Solvent Screening, by Region, 2016 – 2027 (USD Million) 5.9.Others - 5 -

  6. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 5.9.1.Global Cannabis Testing Services Market, by Others, by Region, 2016 – 2027 (USD Million) 6.Global Cannabis Testing Services Market, by End Use 6.1.Key Findings 6.2.Introduction 6.2.1.Global Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 6.3.Drug Manufacturers 6.3.1.Global Cannabis Testing Services Market, by Drug Manufacturers, By Region, 2016 – 2027 (USD Million) 6.4.Cultivators/Growers 6.4.1.Global Cannabis Testing Services Market, by Cultivators/Growers, by Region, 2016 – 2027 (USD Million) 6.5.Research Institutes & Labs 6.5.1.Global Cannabis Testing Services Market, by Research Institutes & Labs, by Region, 2016 – 2027 (USD Million) 7.Cannabis Testing Services Market Assessment by Geography 7.1.Key findings 7.2.Introduction 7.2.1.Cannabis Testing Services Market Assessment, By Geography, 2016 – 2027 (USD Million) 7.3.Cannabis Testing Services Market – North America 7.3.1.North America: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.3.2.North America: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.3.3.Cannabis Testing Services Market – U.S. 7.3.3.1. U.S.: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.3.3.2. U.S.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.3.4.Cannabis Testing Services Market – Canada 7.3.4.1. Canada: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.3.4.2. Canada.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.Cannabis Testing Services Market – Europe 7.4.1.Europe: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) - 6 -

  7. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 7.4.2.Europe: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.3.Cannabis Testing Services Market – UK 7.4.3.1. UK: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.3.2. UK: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.4.Cannabis Testing Services Market – France 7.4.4.1. France: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.4.2. France: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.5.Cannabis Testing Services Market – Germany 7.4.5.1. Germany: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.5.2. Germany: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.6.Cannabis Testing Services Market – Italy 7.4.6.1. Italy: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.6.2. Italy: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.7.Cannabis Testing Services Market – Spain 7.4.7.1. Spain: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.7.2. Spain: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.8.Cannabis Testing Services Market – Netherlands 7.4.8.1. Netherlands: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.8.2. Netherlands: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.4.9.Cannabis Testing Services Market – Austria 7.4.9.1. Austria: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.4.9.2. Austria: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.Cannabis Testing Services Market – Asia-Pacific 7.5.1.Asia Pacific: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.2.Asia Pacific: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) - 7 -

  8. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 7.5.3.Cannabis Testing Services Market – China 7.5.3.1. China: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.3.2. China: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.4.Cannabis Testing Services Market – India 7.5.4.1. India: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.4.2. India.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.5.Cannabis Testing Services Market – Malaysia 7.5.5.1. Malaysia: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.5.2. Malaysia: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.6.Cannabis Testing Services Market – Japan 7.5.6.1. Japan: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.6.2. Japan: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.7.Cannabis Testing Services Market – Indonesia 7.5.7.1. Indonesia: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.7.2. Indonesia: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.5.8.Cannabis Testing Services Market – South Korea 7.5.8.1. South Korea: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.5.8.2. South Korea.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.Cannabis Testing Services Market – Middle East & Africa 7.6.1.Middle East & Africa: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.2.Middle East & Africa.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.3.Cannabis Testing Services Market – Saudi Arabia 7.6.3.1. Saudi Arabia: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.3.2. Saudi Arabia.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.4.Cannabis Testing Services Market – UAE - 8 -

  9. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 7.6.4.1. UAE: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.4.2. UAE: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.5.Cannabis Testing Services Market – Israel 7.6.5.1. Israel: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.5.2. Israel: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.6.6.Cannabis Testing Services Market – South Africa 7.6.6.1. South Africa: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.6.6.2. South Africa: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.Cannabis Testing Services Market – Latin America 7.7.1.Latin America: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.2.Latin America: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.3.Cannabis Testing Services Market – Mexico 7.7.3.1. Mexico: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.3.2. Mexico.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.4.Cannabis Testing Services Market – Brazil 7.7.4.1. Brazil: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.4.2. Brazil.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 7.7.5.Cannabis Testing Services Market – Argentina 7.7.5.1. Argentina: Cannabis Testing Services Market, By Service Type, 2016 – 2027 (USD Million) 7.7.5.2. Argentina.: Cannabis Testing Services Market, By End Use, 2016 – 2027 (USD Million) 8.Competitive Landscape 8.1.Expansion and Acquisition Analysis 8.1.1.Expansion 8.1.2.Acquisition 8.2.Partnerships/Collaborations/Agreements/Exhibitions 9.Company Profiles - 9 -

  10. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 9.1.Shimadzu Corporation 9.1.1.Company Overview 9.1.2.Financial Performance 9.1.3.Services Benchmarking 9.1.4.Recent Development 9.2.Agilent Technologies 9.2.1.Company Overview 9.2.2.Financial Performance 9.2.3.Services Benchmarking 9.2.4.Recent Development 9.3.PerkinElmer, Inc. 9.3.1.Company Overview 9.3.2.Financial Performance 9.3.3.Services Benchmarking 9.3.4.Recent Development 9.4.Millipore Sigma 9.4.1.Company Overview 9.4.2.Financial Performance 9.4.3.Services Benchmarking 9.4.4.Recent Development 9.5.Restek Corporation 9.5.1.Company Overview 9.5.2.Financial Performance 9.5.3.Services Benchmarking 9.5.4.Recent Development 9.6.Waters Corporation 9.6.1.Company Overview 9.6.2.Financial Performance 9.6.3.Services Benchmarking 9.6.4.Recent Development 9.7.PharmLabs, LLC 9.7.1.Company Overview 9.7.2.Financial Performance 9.7.3.Services Benchmarking 9.7.4.Recent Development 9.8.Fritsch Milling 9.8.1.Company Overview 9.8.2.Financial Performance 9.8.3.Services Benchmarking 9.8.4.Recent Development 9.9.Steep Hill Halent Laboratories, Inc. - 10 -

  11. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 9.9.1.Company Overview 9.9.2.Financial Performance 9.9.3.Services Benchmarking 9.9.4.Recent Development 9.10. CannaSafe Analytics 9.10.1.Company Overview 9.10.2.Financial Performance 9.10.3.Services Benchmarking 9.10.4.Recent Development 9.11. Saskatchewan Research Council (SRC) 9.11.1.Company Overview 9.11.2.Financial Performance 9.11.3.Services Benchmarking 9.11.4.Recent Development 9.12. Eurofins Scientific 9.12.1.Company Overview 9.12.2.Financial Performance 9.12.3.Services Benchmarking 9.12.4.Recent Development 9.13. CW ANALYTICAL 9.13.1.Company Overview 9.13.2.Financial Performance 9.13.3.Services Benchmarking 9.13.4.Recent Development 9.14. GreenLeaf Lab 9.14.1.Company Overview 9.14.2.Financial Performance 9.14.3.Services Benchmarking 9.14.4.Recent Development 9.15. Praxis Laboratory 9.15.1.Company Overview 9.15.2.Financial Performance 9.15.3.Services Benchmarking 9.15.4.Recent Development 9.16. SGS Canada Inc. 9.16.1.Company Overview 9.16.2.Financial Performance 9.16.3.Services Benchmarking 9.16.4.Recent Development Access Press Release on Cannabis Testing Service Market: https://www.polarismarketresearch.com/press- releases/cannabis-testing-service-market About Polaris Market Research - 11 -

  12. Cannabis Testing Service Market Size Worth US$ 3.4 Billion by 2027 Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 12 -

More Related