Cannabis Testing Market Trends, Scope, Demand, Opportunity and Forecast by 2023-2028 - PowerPoint PPT Presentation

About This Presentation
Title:

Cannabis Testing Market Trends, Scope, Demand, Opportunity and Forecast by 2023-2028

Description:

The global cannabis testing market size reached US$ 1,269 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,619 Million by 2028, exhibiting a growth rate (CAGR) of 13.00% during 2023-2028. More info: – PowerPoint PPT presentation

Number of Views:5
Slides: 13
Provided by: KRISHANA12345
Tags:

less

Transcript and Presenter's Notes

Title: Cannabis Testing Market Trends, Scope, Demand, Opportunity and Forecast by 2023-2028


1
Global Cannabis Testing Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all sectors
and regions to identify their highest-value
opportunities, address their most critical
challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Cannabis Testing Market Research
Report The latest report by IMARC, titled
Cannabis Testing Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2023-2028 " the global cannabis testing market
size reached US 1,269 Million in 2022. Cannabis
testing refers to the process of analyzing
cannabis products to determine their chemical
composition, potency, and purity. It includes
various tests for cannabinoids, heavy metals,
residual solvents, pesticides, terpenes, and
microbial contaminants. It is widely used for
breeding and cultivation, medical research,
consumer safety, product development, and quality
control. Cannabis testing improves product
transparency, ensures consistency, increases
trust, and protects users from harmful substances
and toxic chemicals. It is also a highly reliable
and efficient process that helps manufacturers
and researchers in developing advanced cannabis
strains with improved flavor profiles and
therapeutic benefits. Request Free Sample
Report https//www.imarcgroup.com/cannabis-testin
g-market/requestsample
4
Report Description and Highlights
Report Description

Global Cannabis Testing Market Trends The
growing legalization of cannabis for recreational
purposes across the globe is one of the primary
factors driving the market growth. Cannabis
testing plays a critical role in the
manufacturing process to ensure the safety and
purity of products, meet quality standards, and
protect consumers from harmful chemicals,
diseases, and various toxic metals, such as lead
and cadmium. In addition to this, the rising
number numbers of cannabis products, such as
oils, edibles, capsules, concentrates, tinctures,
topicals, and vape cartridges, is acting as
another growth-inducing factor. Furthermore, the
increasing adoption of cannabis in medical
research to treat various conditions, such as
chronic pain, anxiety, and epilepsy, is
propelling the market growth. Additionally, the
introduction of portable testing devices that use
spectroscopy and chromatography to provide faster
and more accurate results in real-time is
positively influencing the market growth. Apart
from this, the integration of next-generation
sequencing (NGS) in testing methods to identify
genetic markers and optimize breeding programs
for developing desirable cannabis traits and
strains is creating a positive outlook for the
market. Other factors, including rising consumer
awareness regarding the importance of the safety
and quality of cannabis products, increasing
investment in the research and development (RD)
of innovative testing devices, and the
incorporation of advanced technologies, such as
blockchain and artificial intelligence (AI), are
anticipated to drive the market growth. On
account of the aforementioned factors, the market
value is expected to reach US 2,619 Million by
2028, exhibiting a CAGR of 13.00 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
5
Report Description and Highlights
Report Description
Market Summary Product Type Insights
Instruments Chromatography Inst
ruments Spectroscopy Instruments
Consumables Software Test
Type Insights Heavy Metal Testing
Microbial Analysis Potency Testing
Residual Screening Others End
User Insights Cannabis Cultivators/Gro
wers Cannabis Drug Manufacturers

6
Report Description and Highlights
Report Description
Others Regional Insights Nor
th America United States
Canada Asia Pacific
China Japan
India South Korea
Australia Indonesia
Others Europe
Germany France
United Kingdom Italy
Spain

7
Report Description and Highlights
Report Description
Russia Others
Latin America Brazil
Mexico Others
Middle East and Africa
Note We are updating our reports, If you want
latest primary and secondary data (2023-2028)
with Cost Module, Business Strategy, Distribution
Channel, etc. Click request free sample report.

8
Report Description and Highlights
Report Description
  • Competitive Landscape with Key Players
  • Accelerated Technology Laboratories Inc.
    Agilent Technologies Inc. Digipath Inc. Merck KGaA
    (Sigma Aldrich) PerkinElmer Inc. Pharmlabs LLC Sa
    rtorius AG SC Laboratories Inc. Shimadzu Corporati
    on Steep Hill Inc. Thermo Fisher Scientific Inc. W
    ater Corporation
  • View Full Report with TOC List of Figure
    https//www.imarcgroup.com/cannabis-testing-market

9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
11
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
12

Contact Us
Write a Comment
User Comments (0)
About PowerShow.com