The Business Research Company’s Cannabis Testing Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cannabis Testing Global Market Report 2023 evaluates cannabis testing market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global cannabis testing market size grew from $2.1 billion in 2022 to $2.49 billion in 2023 at a compound annual growth rate (CAGR) of 18.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cannabis testing market size is expected to grow to $4.78 billion in 2027 at a CAGR of 17.8%.
The cannabis testing market segments in the report are:
By Test Type:
Potency Testing
Pesticide Screening
Residual Solvent Screening
Heavy Metal Testing
Terpene Testing
Mycotoxin Testing
Other Test Types
By Technology:
Chromatography
Spectroscopy
Other Technologies
By Portability:
Standalone
Hand Held Devices
By End User:
Testing Laboratories
Drug Manufacturers
Research Institutes
Other End Users
Top Key Players
DigiPath Inc.
Steep Hill Inc.
SC Laboratories
PharmLabs LLC
Waters Corporation
North America was the largest region in the cannabis testing market in 2022.
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The table of contents in TBRC’s cannabis testing market report includes:
1. Executive Summary
2. Cannabis Testing Market Characteristics
3. Cannabis Testing Market Trends And Strategies
4. Cannabis Testing Market – Macro Economic Scenario
5. Cannabis Testing Market Size And Growth
………….
26. Africa Cannabis Testing Market
27. Cannabis Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cannabis Testing Market
29. Cannabis Testing Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Cannabis Testing Market, Segmentation By Test Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 4: Global Cannabis Testing Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 5: Global Cannabis Testing Market, Segmentation By Portability, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
………..
Table 47: Agilent Technologies Inc Financial Performance
Table 48: Shimadzu Corporation Financial Performance
Table 49: DigiPath Inc Financial Performance
Table 50: Steep Hill Inc Financial Performance
Table 51: SC Laboratories Financial Performance
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