Cannabis Testing Services Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: February 23, 2021 |

The global cannabis testing services market size is estimated to register a significant CAGR during the forecast period 2020 to 2027. Research Corridor recently added a new report titled "cannabis testing services Market - Industry Size, Global Trends, Growth, Opportunities, Market Share and Forecast - 2020 to 2027" to its repository. This latest research study investigates the cannabis testing services market by different segments based on type, application and end-use, market participants, regions and provides country-level analysis over the forecast period from 2020 to 2027.

The report on the cannabis testing services market offers in-depth analysis covering key regional trends, market dynamics, and provides country-level market size of the cannabis testing services industry. Some of the key factors considered during the course of research included product definition, product classification, industry structure, various participants in the cannabis testing services ecosystem, etc. The report includes market sizes and forecast for the period from 2018 to 2027, and compounded annual growth rate (CAGR%) measured for individual segments and regional markets, competitive landscape of leading market players, critical analysis of market dynamics and profiling of key providers participating in the cannabis testing services market.

According to Research Corridor, this study will provide in-depth analysis of segments on the basis of current trends, market dynamics and country level analysis of cannabis testing services industry. This report provides market estimates and forecast for the period 2018-2027, along with respective CAGRs for each segment and regional distribution for the period 2020-2027. In depth analysis of competitive landscape, porter's five forces model, value chain analysis, and pricing strategies are also covered in the report scope.

Historical & Forecast Period

  • 2018 - Historical Year for cannabis testing services Market
  • 2019 - Base Year for cannabis testing services Market
  • 2020-2027 - Forecast Period for cannabis testing services Market

The cannabis testing services market report offers a primary overview of the cannabis testing services industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the cannabis testing services industry.

Cannabis Testing Services Market Segmentation:

By Type:

  • Potency Testing
  • Terpene Profiling
  • Heavy Metal Testing
  • Pesticide Screening
  • Microscopy Testing/Residual Solvent Screening

By Source:

By End Use:

  • Personal Care & Cosmetics
  • Pharmaceutical
  • Food & Beverages
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Market Competition Assessment:

Key players operating in the global market are Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer, Inc., Millipore Sigma, and AB SCIEX LLC. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Agilent Technologies, Inc.
  • Shimadzu Corporation
  • PerkinElmer, Inc.
  • Millipore Sigma
  • AB SCIEX LLC
  • Waters Corporation
  • Restek Corporation
  • Accelerated Technology Laboratories, Inc.
  • LabLynx, Inc.
  • While, Steep Hill Labs, Inc.

Cannabis Testing Services Market Report Scope

This report provides an investigative analysis of the cannabis testing services market encapsulated in detailed sections such as

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

COVID-19 Impact on the Cannabis Testing Services Market

The novel COVID-19 epidemic has affected the development of an array of industrial areas, technology sector, food & beverage industry, healthcare, and other sectors is no doubt. Instability of production and Supply chain interruption are some of the factor that is influencing the expansion of the cannabis testing services market.

  • V Shaped Recovery
  • U Shaped Recovery
  • L Shaped Recovery
  • W Shaped Recovery
COVID-19 Impact on the Cannabis Testing Services Market

COVID-19 Impact on the Cannabis Testing Services Market - L Shaped Recovery

Geographic Coverage

Geographically, the cannabis testing services Market report comprises dedicated sections centering on the regional market revenue and trends. The cannabis testing services market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa. The cannabis testing services market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance and others. cannabis testing services Market estimates have also been provided for the historical years 2017 & 2018 along with forecast for the period from 2018 - 2027.

  • North America cannabis testing services Market Revenue and Forecast
  • Europe cannabis testing services Market Revenue and Forecast
  • Asia Pacific cannabis testing services Market Revenue and Forecast
  • Latin America cannabis testing services Market Revenue and Forecast
  • Middle East and Africa cannabis testing services Market Revenue and Forecast

Key Questions Answered by Cannabis Testing Services Market Report

  • Market size and forecast of the cannabis testing services market for the period from 2018 to 2027
  • Compounded annual growth rate (CAGR%) for individual segments in various regional markets through 2025
  • Value chain analysis
  • Market share analysis combined with competitive landscape of key players
  • Profiles of key market players covering overall business operations, geographic presence, product portfolio, financial status and news coverage

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Impacts of COVID-19
COVID-19 Impact on the Cannabis Testing Services Market

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