The latest business intelligence report released by Polaris
Market Research on Cannabis Testing Services Market Size, Share, Trends,
Industry Analysis Report: By Type (Potency Testing, Terpene Profiling, Heavy
Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent
Screening, and Others), End Use (Cannabis Drug Manufacturers, Cannabis
Cultivators/Growers, and Others), and Region (North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa) – Market Forecast,
2025–2034. It covers the in-depth knowledge of the Cannabis
Testing Services Market Share that includes opportunities, growth factors,
and challenges. The research analysts prepared the report after an in-detail
study of the market and provided exact and accurate data. It offers
segmentation, dynamics, competitive analysis, geographical overview, and
several major aspects. The report analytically studies the factors affecting
the Cannabis Testing Services market size on the basis of micro and
macroeconomics. The recent development influencing the industry are also
covered in the report.
The latest research offers a study of market strategies
performed by industry players to help emerging players in the industry and
shareholders to conceive beneficial business strategies. The author also covers
the Cannabis Testing Services market trends and industry’s status from the
reader’s viewpoint. Further, it covers the company information of each industry
player, product information, capacity, price, profit, and more. Also,
futuristic and historical data are covered in the report. The constraints of
the market are described in the report, which provides information regarding
the details due to which the industry can get dissimilated and hampered.
Global Cannabis Testing Services Market size and share is
currently valued at USD 1884.87 million in 2024 and is anticipated to generate
an estimated revenue of USD 9184.88 million by 2034, according to the latest
study by Polaris Market Research. Besides, the report notes that the market
exhibits a robust 17.2% Compound Annual Growth Rate (CAGR) over the forecasted
timeframe, 2025 – 2034
The crucial points covered in the Report
- Market
definition of the Cannabis Testing Services market with the examination of
various influencing factors such as drivers, restraints, and opportunities - Comprehensive
research on the competitive landscape of the industry - Recognition
and investigation of micro and macro factors that are and will influence
the growth of the market - A
detailed list of leading market players operating in the global market - Analysis
of the various market segments, including size, applications, type, and
end-users - It
provides an in-depth analysis of demand-supply chaining in the industry - Statistical
analysis of some crucial economic facts - Charts,
figures, graphs, and pictures to outline the market clearly
Browse Full Insights:
https://www.polarismarketresearch.com/industry-analysis/cannabis-testing-service-market
Segmental Analysis
The leading and emerging players can use the report to
obtain reliable knowledge of the latest trends of crucial segments of the
market. The report differentiates the analysis of application and product type
segments. Each and every aspect of the segment is covered in the report to
conclude the clear analysis of the market growth, growth rate, growth drivers,
future growth potential, and other crucial factors.
Top Players:
- Agilent
Technologies - ALS
Global - Cannalysis
- CW
Analytical Laboratories - Eurofins
Scientific - EVIO
Labs - Green
Scientific Labs - Kaycha
Labs - MCR
Labs - ProVerde
Laboratories - SC
Labs - SGS
SA - Shimadzu
Corporation - Steep
Hill - Thermo
Fisher Scientific
Growth Drivers:
- Legalization
of medical and recreational cannabis across multiple countries. - Rising
demand for product safety, potency, and quality assurance testing. - Growing
number of licensed cannabis producers. - Technological
improvements in chromatography and spectroscopy testing.
Market Segmentation:
- By
Type: Potency Testing, Pesticide Screening, Residual Solvent Testing,
Heavy Metal Testing, Terpene Profiling. - By
End User: Cannabis Cultivators, Testing Laboratories, Research
Institutes. - By
Region: North America, Europe, Asia-Pacific, Latin America, Middle
East & Africa.
Regions Covered in This Report
- North
America (United States, Canada, and Mexico) - Europe
(Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe) - Asia-Pacific
(China, Japan, Korea, India, Southeast Asia, and Australia) - South
America (Brazil, Argentina, Colombia, and the rest of South America) - The
Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South
Africa, and the Rest of the Middle East and Africa)
The examination focuses on the volume and value at the
worldwide, regional, and company levels. On the basis of worldwide outlook,
this study represents the in-depth Cannabis Testing Services market size by
examining historical figures and predicted prospects. Based on regions, the
report focuses on various key regions. The study offers perceptive information,
including import & export ratio, demand and supply, production &
consumption ratio, and demand trends in every region. Further, the study offers
a country-wide inspection of the segments and sub-segments of the market.
Reasons to buy this Report
- To
get current and future industry outlook in the developed and appearing
markets. - To
analyze the segment that is anticipated to dominate the industry and the
segment that held the highest CAGR during the assessment period. - To
know the regions/countries that are predicted to witness the fastest
growth rates during the foreseen period. - To
explore the latest developments, Cannabis
Testing Services market shares, and strategies that are employed by
the major market players.
Research Framework
The research procedure includes the collection of facts and
figures by the author only to have them studied and filtered completely in an
attempt to provide considerable predictions about the industry over the review
period. The study investigated on both a secondary and primary basis.
The secondary is based on industry body databases and trade
journals, and the primary research is based on surveys and interviews. The
examination includes several issues influencing the market. It includes
opportunities, barriers, market risks, trends, technological developments, and
government policies. Also, publicly available sources are also used by the
analyst, including white papers and annual reports.
Overall, the market report is an authentic source for
analysts, managers, and executives from the market to better analyze industry
scenarios from a third-party research outlook. Expedient industry insights aim
to bridge the gap between businesses and end customers to better elaborate
producers with trends, limits, benefits, and industry growth rates. SWOT and
PESTEL analysis are also included in the industry report in line with
speculation attainability inspection and venture return examination.
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