Cannabis Testing Market
Cannabis Testing Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Cannabis
Testing Market Size and Growth
The global cannabis testing market is projected to reach $1.3 billion by 2025, driven by the increasing legalization of cannabis and growing awareness of its benefits. Key market trends include the rise in demand for potency testing and quality control services, as well as the expansion of regulatory frameworks.
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Companies Covered
(Covid 19 Impact Covered)
◍ Agilent Technologies
◍ Shimadzu Corporation
◍ PerkinElmer
◍ Millipore Sigma
◍ AB SCIEX LLC
◍ Waters Corporation
◍ Restek Corporation
◍ Accelerated Technology Laboratories
◍ LabLynx
The cannabis testing market is highly competitive with key players such as Agilent Technologies, Shimadzu Corporation, PerkinElmer, Millipore Sigma, AB SCIEX LLC, Waters Corporation, Restek Corporation, Accelerated Technology Laboratories, and LabLynx. These companies offer various testing solutions to ensure quality and safety for cannabis products, driving market growth.
- Agilent Technologies: $5.4 billion (2019)
- Shimadzu Corporation: $3.7 billion (2019)
- PerkinElmer: $2.9 billion (2019)
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Market Segmentation
By Application
Laboratories
Research Institutions
Others
By Product
◍ Terpene Profiling Testing ◍ Heavy Metal Testing
Microbial Analysis Testing
Genetic Testing
Residual Solvent Screening Testing
Potency Testing
Pesticide Screening Testing
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Market Growth
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$ 3.43 Billion
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