Cannabis Testing Services Market by Type (Heavy Metal Testing, Microscopy Testing, Pesticide Screening), End-User (Cannabis Cultivators or Growers, Pharmaceutical Companies, Research Institutes & Labs) - Global Forecast 2024-2030

Cannabis Testing Services Market by Type (Heavy Metal Testing, Microscopy Testing, Pesticide Screening), End-User (Cannabis Cultivators or Growers, Pharmaceutical Companies, Research Institutes & Labs) - Global Forecast 2024-2030


The Cannabis Testing Services Market size was estimated at USD 516.81 million in 2023 and expected to reach USD 608.51 million in 2024, at a CAGR 17.83% to reach USD 1,630.45 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cannabis Testing Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cannabis Testing Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cannabis Testing Services Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., Anresco Laboratories, Autoscribe Informatics, Inc., Bia Diagnostics, LLC, CATLAB, LLC, CW Analytical Laboratories, Danaher Corporation, Digipath Inc., Eurofins Scientific SE, EVIO Inc., Hamilton Company, MCR Labs, PerkinElmer, Inc., PharmLabs LLC, ProVerde Laboratories, Inc., Restek Corporation, Saskatchewan Research Council, SC Laboratories, Inc., SGS SA, Shimadzu Corporation, Steep Hill Inc. by Canbud Distribution Corporation, The Smithers Group Inc., Thermo Fisher Scientific, Inc., Trichome Analytical LLC, and Waters Corporation.

Market Segmentation & Coverage


This research report categorizes the Cannabis Testing Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Heavy Metal Testing
Microscopy Testing
Pesticide Screening
Potency Testing
Residual Solvent Screening
Terpene Profiling
End-User
Cannabis Cultivators or Growers
Pharmaceutical Companies
Research Institutes & Labs
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cannabis Testing Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cannabis Testing Services Market?
3. What are the technology trends and regulatory frameworks in the Cannabis Testing Services Market?
4. What is the market share of the leading vendors in the Cannabis Testing Services Market?
5. Which modes and strategic moves are suitable for entering the Cannabis Testing Services Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Cannabis Testing Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Need for standardization in medical cannabis testing
5.1.1.2. Increasing legalization of medical cannabis across regions for easy access to patients
5.1.1.3. Evolving adoption of LIMS in cannabis testing laboratories for medical cannabis & marijuana
5.1.2. Restraints
5.1.2.1. High initial cost of investment in analytical instruments
5.1.3. Opportunities
5.1.3.1. Emergence of large pharma companies in the cannabis market
5.1.3.2. Growing cannabis testing lab with the latest technology
5.1.4. Challenges
5.1.4.1. Lack of skilled and trained laboratory professionals
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Cannabis Testing Services Market, by Type
6.1. Introduction
6.2. Heavy Metal Testing
6.3. Microscopy Testing
6.4. Pesticide Screening
6.5. Potency Testing
6.6. Residual Solvent Screening
6.7. Terpene Profiling
7. Cannabis Testing Services Market, by End-User
7.1. Introduction
7.2. Cannabis Cultivators or Growers
7.3. Pharmaceutical Companies
7.4. Research Institutes & Labs
8. Americas Cannabis Testing Services Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Cannabis Testing Services Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Cannabis Testing Services Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Agilent Technologies, Inc.
12.1.2. Anresco Laboratories
12.1.3. Autoscribe Informatics, Inc.
12.1.4. Bia Diagnostics, LLC
12.1.5. CATLAB, LLC
12.1.6. CW Analytical Laboratories
12.1.7. Danaher Corporation
12.1.8. Digipath Inc.
12.1.9. Eurofins Scientific SE
12.1.10. EVIO Inc.
12.1.11. Hamilton Company
12.1.12. MCR Labs
12.1.13. PerkinElmer, Inc.
12.1.14. PharmLabs LLC
12.1.15. ProVerde Laboratories, Inc.
12.1.16. Restek Corporation
12.1.17. Saskatchewan Research Council
12.1.18. SC Laboratories, Inc.
12.1.19. SGS SA
12.1.20. Shimadzu Corporation
12.1.21. Steep Hill Inc. by Canbud Distribution Corporation
12.1.22. The Smithers Group Inc.
12.1.23. Thermo Fisher Scientific, Inc.
12.1.24. Trichome Analytical LLC
12.1.25. Waters Corporation
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. CANNABIS TESTING SERVICES MARKET RESEARCH PROCESS
FIGURE 2. CANNABIS TESTING SERVICES MARKET SIZE, 2023 VS 2030
FIGURE 3. CANNABIS TESTING SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CANNABIS TESTING SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CANNABIS TESTING SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CANNABIS TESTING SERVICES MARKET DYNAMICS
FIGURE 7. CANNABIS TESTING SERVICES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. CANNABIS TESTING SERVICES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CANNABIS TESTING SERVICES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 10. CANNABIS TESTING SERVICES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS CANNABIS TESTING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS CANNABIS TESTING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES CANNABIS TESTING SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES CANNABIS TESTING SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC CANNABIS TESTING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC CANNABIS TESTING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA CANNABIS TESTING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA CANNABIS TESTING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. CANNABIS TESTING SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. CANNABIS TESTING SERVICES MARKET SHARE, BY KEY PLAYER, 2023

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