CANNABIS TESTING MARKET Global Industry Trends, Share, Revenue, Analysis 2017-2025
CANNABIS TESTING MARKET “The global cannabis testing market size is anticipated to expand at a CAGR of 11.40%, during the forecast period 2017-2025.“
The market revenue is also expected to rise
Global Cannabis Testing Market 2017-2025 (In $ Millions)
from $809 million in 2016 to $2112 million by 2025 The market is mainly being driven by an increase in the number of testing facilities acquired as a strategic initiative by other cannabis oriented industries.
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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
MARKET INSIGHTS The global cannabis testing market is segmented into four parts. Firstly, by testing type, which includes heavy metal cannabis testing, terpene profiling cannabis testing, microbial analysis cannabis testing, residual solvent screening cannabis testing, genetic cannabis testing, potency cannabis testing and pesticide screening cannabis testing.
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The second segment includes product and software. The third segment is based on cannabis type such as inhaling cannabis, solid edible, liquid edible and topical. The fourth segment is based on the end-users and includes research institutes and laboratories.
REGIONAL INSIGHTS
Asia-pacific
Europe North America
` The Cannabis Testing market of North
Cannabis Testing market of Europe region
The Asia-pacific Cannabis Testing market
America region is expected to develop
is to expand from the year 2016 $164
size is anticipated to expand from $113
from the year 2016 $459 million, at the
million, the CAGR during the estimated
million in 2016, at a CAGR of 15.72%
CAGR 12.99% during the forecast period is
period is 10.45% between 2017 and 2025
between 2017 and 2025
2017-2025
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Global Cannabis Testing Market Forecast 2017-2025 Download Free Sample!
The Global cannabis testing market has been valued at $809 million for the year 2016 and is estimated to generate a revenue of about $2112 million by the year 2025. At a CAGR of 11.4% in 2017-2025 Inkwood Research
Global Cannabis Testing Market Growing at a
CAGR 11.4% During the Forecast Period of
2017-2025
North America Cannabis Testing Market Forecast 20172025 Download Free Sample!
The Cannabis Testing market of North America region is expected to develop from the year 2016 $459 million, at the CAGR 12.99% during the forecast period is 2017-2025 Inkwood Research
North America Cannabis Testing Market Growing at a
CAGR 12.99% During the Forecast Period of
2017-2025
Europe Cannabis Testing Market Forecast 2017-2025
Europe Cannabis Testing Market Growing at a
CAGR 10.45% Download Free Sample!
Cannabis Testing market of Europe region is to expand from the year 2016 $164 million, the CAGR during the estimated period is 10.45% between 2017 and 2025 Inkwood Research
During the Forecast Period of
2017-2025
Asia-pacific Cannabis Testing Market Forecast 2017-2025
Asia-pacific Cannabis Testing Market Growing at a
CAGR 15.72% Download Free Sample!
During the Forecast Period of The Asia-pacific Cannabis Testing market size is anticipated to expand from $113 million in 2016, at a CAGR of 15.72% between 2017 and 2025 Inkwood Research
2017-2025
COMPETITIVE INSIGHTS The major players in the global market include Accelerated Technology Laboratories Inc, Agilent Technologies Inc, Eli Lilly, Perkinelmer Inc, Digipath Inc, Cmt Laboratories Inc, Steep Hill Halent Laboratories Inc, Pharma labs Llc, Restek Corporation, Sc Laboratories Inc, Thermo Fisher Scientific Inc, Sigma-Aldrich (Acquired By Merck Group), Shimadzu Corporation, Waters Corporation, Millipore Sigma, Ab Sciex Llc, Cannasafe Analytics, Lablynx, Inc and Gentech Scientific.
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