Global Cannabis Testing Market Growth Analysis Report – Segmented By Application, Derivatives, Species & Region – Industry Forecasts (2022 to 2028)
Cannabis testing involves quantification of major chemical compound and active ingredient in the given specimen of cannabis. Cannabinoids and terpene are major active ingredient that has medicinal potency.
- (1888PressRelease) March 24, 2022 - Cannabis testing is done for various purpose such as finding concentration of active ingredient (cannabinoids, terpene), which determines the medical potency of the cannabis. It is also tested for determining various other ingredient in given sample. For instance, to determine the pesticide residue content in the given sample that undermines the purity and efficacy. Cannabis testing also involves determination of contaminants such as fungi and bacteria (mycotoxins), which could causes serious pulmonary infections if administered unchecked.
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Market Dynamics
Cannabis testing products and services market is witnessing significant growth with increased government approval and loosening regulatory stringent ness over use of cannabis for commercial and recreational purpose. For instance, in February 2016, the Australian government amended the Narcotics Drugs Act 1967, to allow cultivation of cannabis for medicinal or scientific purposes under a national licensing scheme, which is expected to favor the growth of the commercial manufacturing of cannabis plant in the region, which in turn would also drive growth of the cannabis testing market.
Key features of the study:
• This report provides in-depth analysis of cannabis testing market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017, as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new Fixator launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
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Top Major Key Players in the Global Cannabis Testing Market:
Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer, Inc., Millipore Sigma, AB SCIEX LLC, Cannabix Technologies, Inc., Waters Corporation, , Steep Hill Labs, Inc., SC Laboratories Inc., CannaSafe Analytics, GenTech Scientific, Pharm Labs, LLC, and Digipath Labs, Inc
Table of Contents
1. Research Objective and Assumption
◦ Research Objectives
◦ Assumptions
◦ Abbreviations
2. Market Preview
◦ Report Description
▪ Market Definition and Scope
◦ Executive Summary
▪ Market Snippet, By Products
▪ Market Snippet, By Service Type
▪ Market Devices, By End User
▪ Market Snippet, By Region
◦ Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
◦ Market Dynamics
▪ Drivers
▪ Restraints
▪ Market Opportunities
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