Cannabis Testing Services Market, by Test Type (Potency Testing, Terpene Profiling, Cannabinoid Profiling [CBD Testing and THC Testing], Pesticide Screening, Residual Solvent Testing, Microbiological Screening, and Other Tests), by Product Type (Instrumen

Cannabis Testing Services Market, by Test Type (Potency Testing, Terpene Profiling, Cannabinoid Profiling [CBD Testing and THC Testing], Pesticide Screening, Residual Solvent Testing, Microbiological Screening, and Other Tests), by Product Type (Instruments [Chromatography Instruments {Liquid Chromatography, Gas Chromatography, and Others}, Spectroscopy Instruments {Mass Spectroscopy and Atomic Spectroscopy}, Other Instruments], and Consumables & Test Kits), by End Users (Testing Laboratories, Research Institutes, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Cannabis, often known as marijuana, is a psychoactive substance derived from the cannabis plant. The major psychoactive component of cannabis is tetrahydrocannabinol (THC). Cannabis can be consumed via smoking, vaporizing, ingesting, or consuming it as an extract. Over the past decade, development of therapies derived from cannabis and its components is increasing. Medical marijuana has been studied to treat various medical conditions including cancer, multiple sclerosis, post-traumatic stress disorder, anxiety, among others. Furthermore, the U.S. FDA offers an active program assisting drug developers to investigate marijuana or its components through properly controlled clinical trials, and to demonstrate the potential for safe and effective uses. Cannabis has been beneficial in a variety of medicinal uses, including decreasing chemotherapy-induced nausea, increasing hunger in Acquired Immunodeficiency Syndrome (AIDS) patients, regulating muscle spasms in multiple sclerosis patients, and so forth. Cannabis testing is the analytical study of cannabis to determine its safety before it is consumed by humans. Cannabinoids have a variety of impacts on the body and is used for medicinal purposes. Marijuana testing is usually done on a urine sample, although it can also be done on blood, saliva, or hair.
Market Dynamics
The rising legalization of cannabis for medicinal and recreational use in various states and countries is projected to push the global cannabis testing services market growth during the forecast period. 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 growth of the commercial manufacturing of cannabis plant in the region, which in turn is expected to drive growth of the cannabis testing services market.
Key features of the study:
This report provides an in-depth analysis of the global cannabis testing services market, provides market size (US$ Mn), and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cannabis testing services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, strategies.
Key companies covered as a part of this study include Thermo Fisher Scientific Inc., Merck KGaA, Shimadzu Corporation, PerkinElmer, Inc., Steep Hill Labs, Inc., CB Scientific Inc., Alpha-CAT, Orange Photonics, Inc., Gobi Labs, MyDx, Inc., SC Laboratories Inc., Restek Corporation, Waters Corporation, PharmLabs LLC, Eurofins Scientific, EVIO Labs, ProVerde Laboratories, Inc., Praxis Laboratory, Atlantic Test Labs, Inc., American Clinical Solutions, LLC., MCR Labs, Cannalysis, Aurum Laboratory, LLC, The Niva Labs, Encore Labs, SGS Canada Inc., Agricore Laboratories, California Cannabis Testing Labs.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global cannabis testing services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have an ease in decision-making through various strategy matrices used in analyzing the global cannabis testing services market.
Detailed Segmentation:
Global Cannabis Testing Services Market, By Test Type :
Potency Testing
Terpene Profiling
Cannabinoid Profiling
CBD Testing
THC Testing
Pesticide Screening
Residual Solvent Testing
Microbiological Screening
Other Tests
Global Cannabis Testing Services Market, By Product Type:
Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Other Instruments
Consumables & Test Kit
Global Cannabis Testing Services Market, By End User
Testing Laboratories
Research Institutes
Others
Global Cannabis Testing Services Market, By Region:
North America
By Test Type
Potency Testing
Terpene Profiling
Cannabinoid Profiling
CBD Testing
THC Testing
Pesticide Screening
Residual Solvent Testing
Microbiological Screening
Other Tests
By Product Type
Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Other Instruments
Consumables & Test Kit
By End User
Testing Laboratories
Research Institutes
Others
By Country
U.S.
Canada
Latin America
By Test Type
Potency Testing
Terpene Profiling
Cannabinoid Profiling
CBD Testing
THC Testing
Pesticide Screening
Residual Solvent Testing
Microbiological Screening
Other Tests
By Product Type
Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Other Instruments
Consumables & Test Kit
By End User
Testing Laboratories
Research Institutes
Others
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Test Type
Potency Testing
Terpene Profiling
Cannabinoid Profiling
CBD Testing
THC Testing
Pesticide Screening
Residual Solvent Testing
Microbiological Screening
Other Tests
By Product Type
Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Other Instruments
Consumables & Test Kit
By End Users
Testing Laboratories
Research Laboratories
Others
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Test Type
Potency Testing
Terpene Profiling
Cannabinoid Profiling
CBD Testing
THC Testing
Pesticide Screening
Residual Solvent Testing
Microbiological Screening
Other Tests
By Product Type
Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Other Instruments
Consumables & Test Kit
By End User
Testing Laboratories
Research Laboratories
Others
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Test Type
Potency Testing
Terpene Profiling
Cannabinoid Profiling
CBD Testing
THC Testing
Pesticide Screening
Residual Solvent Testing
Microbiological Screening
Other Tests
By Product Type
Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Other Instruments
Consumables & Test Kit
By End User
Testing Laboratories
Research Laboratories
Others
By Country
GCC
Israel
Rest of Middle East
Africa
By Test Type
Potency Testing
Terpene Profiling
Cannabinoid Profiling
CBD Testing
THC Testing
Pesticide Screening
Residual Solvent Testing
Microbiological Screening
Other Tests
By Product Type
Instruments
Chromatography Instruments
Liquid Chromatography
Gas Chromatography
Others
Spectroscopy Instruments
Mass Spectroscopy
Atomic Spectroscopy
Other Instruments
Consumables & Test Kit
By End User
Testing Laboratories
Research Laboratories
Others
By Country/Region
South Africa
Central Africa
North Africa
Company Profiles
Thermo Fisher Scientific Inc.*
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
Merck KGaA
Shimadzu Corporation
PerkinElmer, Inc.
Steep Hill Labs, Inc.
CB Scientific Inc.
Alpha-CAT
Orange Photonics, Inc.
Gobi Labs
MyDx, Inc.
SC Laboratories Inc.
Restek Corporation
Waters Corporation
PharmLabs LLC
Eurofins Scientific
EVIO Labs
ProVerde Laboratories, Inc.
Praxis Laboratory
Atlantic Test Labs, Inc.
American Clinical Solutions, LLC
MCR Labs
Cannalysis
Aurum Laboratory, LLC
The Niva Labs
Encore Labs
SGS Canada Inc.
Agricore Laboratories
California Cannabis Testing Lab
“*” marked represents similar segmentation in other categories in the respective section.