Cannabis Testing Market
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
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
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CANNABIS<br />
TESTING MARKET<br />
Global Industry Trends, Share, Revenue, Analysis 2017-2025
CANNABIS TESTING MARKET<br />
“The global cannabis testing market size is anticipated to expand at a CAGR of<br />
11.40%, during the forecast period 2017-2025.“<br />
The market revenue is also expected to rise<br />
from $809 million in 2016 to $2112 million by<br />
2025<br />
The market is mainly being driven by an<br />
increase in the number of testing facilities<br />
acquired as a strategic initiative by other<br />
cannabis oriented industries.<br />
Global <strong>Cannabis</strong> <strong>Testing</strong> <strong>Market</strong> 2017-2025<br />
(In $ Millions)<br />
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025<br />
Inkwood Research
MARKET INSIGHTS<br />
The global cannabis testing market is<br />
segmented into four parts. Firstly, by<br />
testing type, which includes heavy<br />
metal cannabis testing, terpene<br />
profiling cannabis testing, microbial<br />
analysis cannabis testing, residual<br />
solvent screening cannabis testing,<br />
genetic cannabis testing, potency<br />
cannabis testing and pesticide<br />
screening cannabis testing.<br />
The second segment includes product<br />
and software. The third segment is<br />
based on cannabis type such as<br />
inhaling cannabis, solid edible, liquid<br />
edible and topical. The fourth segment<br />
is based on the end-users and<br />
includes research institutes and<br />
laboratories.<br />
Inkwood Research
REGIONAL INSIGHTS<br />
North America<br />
Europe<br />
Asia-pacific<br />
The <strong>Cannabis</strong> <strong>Testing</strong> market of North<br />
America region is expected to develop<br />
from the year 2016 $459 million, at the<br />
CAGR 12.99% during the forecast period is<br />
2017-2025<br />
Inkwood Research<br />
<strong>Cannabis</strong> <strong>Testing</strong> market of Europe region<br />
is to expand from the year 2016 $164<br />
million, the CAGR during the estimated<br />
period is 10.45% between 2017 and 2025<br />
`<br />
The Asia-pacific <strong>Cannabis</strong> <strong>Testing</strong> market<br />
size is anticipated to expand from $113<br />
million in 2016, at a CAGR of 15.72%<br />
between 2017 and 2025
Global <strong>Cannabis</strong><br />
<strong>Testing</strong> <strong>Market</strong><br />
Forecast<br />
2017-2025<br />
Download Free Sample!<br />
The Global cannabis testing market has been valued at<br />
$809 million for the year 2016 and is estimated to generate<br />
a revenue of about $2112 million by the year 2025. At a<br />
CAGR of 11.4% in 2017-2025<br />
Global <strong>Cannabis</strong> <strong>Testing</strong><br />
<strong>Market</strong> Growing at a<br />
CAGR 11.4%<br />
During the Forecast<br />
Period of<br />
2017-2025<br />
Inkwood Research
North America<br />
<strong>Cannabis</strong> <strong>Testing</strong><br />
<strong>Market</strong> Forecast 2017-<br />
2025<br />
Download Free Sample!<br />
North America <strong>Cannabis</strong><br />
<strong>Testing</strong> <strong>Market</strong> Growing<br />
at a<br />
CAGR 12.99 %<br />
The <strong>Cannabis</strong> <strong>Testing</strong> market of North America region is<br />
expected to develop from the year 2016 $459 million, at the<br />
CAGR 12.99% during the forecast period is 2017-2025<br />
During the Forecast<br />
Period of<br />
2017-2025<br />
Inkwood Research
Europe <strong>Cannabis</strong><br />
<strong>Testing</strong> <strong>Market</strong><br />
Forecast<br />
2017-2025<br />
Download Free Sample!<br />
<strong>Cannabis</strong> <strong>Testing</strong> market of Europe region is to expand<br />
from the year 2016 $164 million, the CAGR during the<br />
estimated period is 10.45% between 2017 and 2025<br />
Europe <strong>Cannabis</strong><br />
<strong>Testing</strong> <strong>Market</strong> Growing<br />
at a<br />
CAGR 10.45 %<br />
During the Forecast<br />
Period of<br />
2017-2025<br />
Inkwood Research
Asia-pacific <strong>Cannabis</strong><br />
<strong>Testing</strong> <strong>Market</strong> Forecast<br />
2017-2025<br />
Download Free Sample!<br />
The Asia-pacific <strong>Cannabis</strong> <strong>Testing</strong> market size is anticipated<br />
to expand from $113 million in 2016, at a CAGR of 15.72%<br />
between 2017 and 2025<br />
Asia-pacific <strong>Cannabis</strong><br />
<strong>Testing</strong> <strong>Market</strong> Growing<br />
at a<br />
CAGR 15.72 %<br />
During the Forecast<br />
Period of<br />
2017-2025<br />
Inkwood Research
COMPETITIVE INSIGHTS<br />
The major players in the global market include Accelerated<br />
Technology Laboratories Inc, Agilent Technologies Inc, Eli Lilly,<br />
Perkinelmer Inc, Digipath Inc, Cmt Laboratories Inc, Steep Hill<br />
Halent Laboratories Inc, Pharma labs Llc, Restek Corporation,<br />
Sc Laboratories Inc, Thermo Fisher Scientific Inc, Sigma-Aldrich<br />
(Acquired By Merck Group), Shimadzu Corporation, Waters<br />
Corporation, Millipore Sigma, Ab Sciex Llc, Cannasafe Analytics,<br />
Lablynx, Inc and Gentech Scientific.<br />
Inkwood Research
Inkwood Research<br />
About Us<br />
Inkwood Research specializes in syndicated research reports, customized<br />
research reports and consulting services. We offer market intelligence studies<br />
across a range of industries including Technology, Chemicals, Materials,<br />
Healthcare and Energy. With 20 years of research experience, we ensure you<br />
efficient deliverables with global and country industry knowledge and<br />
research expertise. Our analysis covers North & South America, Europe,<br />
CEE, CIS, Middle East, Africa and Asia.
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+1 857-302-4704<br />
sales@inkwoodresearch.com<br />
Inkwood Research<br />
https://www.inkwoodresearch.com
@Inkwoodresearch<br />
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