Global Cannabis Products Testing Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Cannabis Products Testing Services market size was valued at USD 1377.8 million in 2023 and is forecast to a readjusted size of USD 2367.2 million by 2030 with a CAGR of 8.0% during review period.
Cannabis testing laboratories are third-party services whose sole responsibility is to test products containing cannabis. Cannabis product testing services ensure cannabis products are safe to consume.
Awareness of the medical benefits of marijuana, the dangers of punitive drug policies, and the idea of providing new taxes on cannabis-based products have cleared the way for the legalization of cannabis in some countries, which has led to an increase in the market demand for cannabis product testing services.
The Global Info Research report includes an overview of the development of the Cannabis Products Testing Services industry chain, the market status of Medicine (Potency Analysis, Pesticides Analysis), Food and Drinks (Potency Analysis, Pesticides Analysis), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cannabis Products Testing Services.
Regionally, the report analyzes the Cannabis Products Testing Services markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cannabis Products Testing Services market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Cannabis Products Testing Services market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cannabis Products Testing Services industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Potency Analysis, Pesticides Analysis).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cannabis Products Testing Services market.
Regional Analysis: The report involves examining the Cannabis Products Testing Services market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cannabis Products Testing Services market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Cannabis Products Testing Services:
Company Analysis: Report covers individual Cannabis Products Testing Services players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cannabis Products Testing Services This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Medicine, Food and Drinks).
Technology Analysis: Report covers specific technologies relevant to Cannabis Products Testing Services. It assesses the current state, advancements, and potential future developments in Cannabis Products Testing Services areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cannabis Products Testing Services market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Cannabis Products Testing Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Potency Analysis
Pesticides Analysis
Foreign Matter Screening
Terpene Analysis
Others
Market segment by Application
Medicine
Food and Drinks
Others
Market segment by players, this report covers
ACS Lab Cannabis
ANAB
Anresco
Badger Labs
CannaSafe
CDX Analytics
Encore Labs
Viridis Laboratories
Eurofins USA
Green Scientific Labs
Kaycha Labs
LabPlex
LUX LEAF Diagnostics
Northeast Laboratories
Origo Labs
SC Labs
SGS Canada
Shimadzu
Sigma-Aldrich
Steep Hill
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Cannabis Products Testing Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Cannabis Products Testing Services, with revenue, gross margin and global market share of Cannabis Products Testing Services from 2019 to 2024.
Chapter 3, the Cannabis Products Testing Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Cannabis Products Testing Services market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Cannabis Products Testing Services.
Chapter 13, to describe Cannabis Products Testing Services research findings and conclusion.