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Michael johnson
Cannabis Testing market Professional Survey Report by 2035
Driven by
the growing demand for medical and recreational cannabis, along with its
increasing global legalization, a substantial number of product manufacturers
are leveraging the expertise of testing service providers in this industry
Roots
Analysis has announced the addition of
“Cannabis Testing Market, 2023-2035” report to its
list of offerings.
The report features an extensive study on the
current landscape and the likely future potential of cannabis testing market
over the next decade. The study also features an in-depth analysis,
highlighting the capabilities of various stakeholders engaged in this domain.
Amongst other elements, the report features:
§ An executive summary of
the insights captured during our research. It offers a high-level view on the
current state of the cannabis testing market and its likely evolution in the
mid-long term.
§ A general introduction
to cannabis testing, along with details related to the applications and needs
for testing cannabis infused products. In addition, this section presents
information on different types of testing protocols mandated by the regulatory authorities
to ensure consumer safety. Further, it concludes with a discussion on the
emerging trends in cannabis labs testing and future
perspectives in this market.
§ A detailed assessment
of the overall market landscape of cannabis testing labs based on several
relevant parameters, such as year of establishment, company size (in terms of
employee count), location of headquarters, type of offering(s) (cannabis
testing services or cannabis testing services & products), type of company
(private company or public company), number of facilities (less than 5
facilities, 5 to 10 facilities, and more than 10 facilities), type of
accreditation(s) / certification(s) (ISO, PJLA, DEA, A2LA, USDA, FDA, ELAP,
AOAC, CDPHE, UKAS, NCIA, NELAP, DCC, ORELAP, HIA, CLIA, ANAB ANSI, and Others),
number of accreditation(s) / certification(s) (less than 5 accreditations, 5-10
accreditations, and undisclosed), type of testing solution(s) offered (potency
testing, terpenes testing, microbial analysis, pesticides testing, residual
solvents testing, heavy metals testing, mycotoxins testing, moisture analysis,
DNA genotyping, vitamin E acetate testing, and flavonoids testing), type of
sample(s) tested (edibles and infused products, cannabis buds / flowers,
cannabis extracts / concentrates, and cannabis oils), type of cannabis and hemp
tested (by legal status - medical cannabis, hemp, recreational /
adult-use cannabis, and others), and end-user(s) (cannabis cultivators /
growers, cannabis drug / product manufacturers, cannabis edible manufacturers,
and other research institutes).
§ An insightful
competitiveness analysis of cannabis testing labs based on company strength (in
terms of years of experience), portfolio strength (in terms of type of company,
number of facilities, type of offerings, number of testing solutions offered,
number of samples tested, type of cannabis and hemp tested, and number of
end-users) and number of accreditations / certifications.
§ Elaborate profiles of
key cannabis testing
labs
(shortlisted based on a proprietary criterion); each profile includes a brief
overview of the company, along with information on its financial information
(if available), service portfolio, recent developments and an informed future
outlook.
§ A detailed assessment
of the overall market landscape of cannabis testing product providers, based on
several relevant parameters, such as their year of establishment, company size
(in terms of employee count), location of headquarters, type of offering(s)
(cannabis testing products or cannabis testing services & products), type
of testing product(s) offered (analytical instruments, consumables, reagents
and additional software solutions), type of analytical instrument(s) offered
(chromatography instruments, spectroscopy instruments and others), and type of
additional software solution(s) offered (Laboratory Information Management
System (LIMS), Customer Relationship Management (CRM), Enterprise Resource
Planning (ERP)).
§ A detailed analysis of
the partnerships that have been inked within the cannabis testing market, since
2018, based on several relevant parameters, such as year of partnership, type
of partnership (mergers and acquisitions, research and development agreements,
service alliances, technology integration agreements, distribution agreements,
licensing agreements and other agreements), type of partner (industry and
non-industry), geographical location of the companies involved, and most active
players (in terms of number of partnerships).
§ An in-depth analysis of
recent events (webinars / conferences / expos / summits) that were organized
across different regions of the globe for stakeholders in this market, based on
several relevant parameters, such as year of event, event platform, type of
event, year and type of event, distribution of events by geography,
evolutionary trends in event agenda / key focus area, most popular event
organizers, most active industry players, most active non-industry players,
most active speakers (in terms of number of events), details of the designation
of speakers, affiliated department of event speakers and a geographical mapping
of upcoming events.
§ One of the key
objectives of the report was to estimate the current opportunity and future
growth potential of cannabis testing market over the coming years. We have
provided informed estimates on the likely evolution of the market for the
period, 2023-2035. Our year-wise projections of the current and future
opportunity have further been segmented based on relevant parameters, such as
type of cannabis tested, type of sample tested, company size and key
geographical regions. In order to account for future uncertainties associated
with some of the key parameters and to add robustness to our model, we have
provided three market forecast scenarios, namely conservative, base, and
optimistic scenarios, representing different tracks of the industry’s
evolution.
By 2035, financial opportunity within the cannabis testing market has been
analyzed across the following segments:
§ Type of Cannabis Tested
§
Medical
Cannabis
§
Recreational
/ Adult-use Cannabis
§ Type of Sample Tested
§
Flowers
§
Extracts
§
Edibles
§
Others
§ Company Size
§
Large
§
Mid-sized
§
Small
§ Key Geographical
Regions
§
North
America
§
Europe
§
Asia-Pacific
§
Latin
America
§
Middle
East and North Africa
Key companies covered
in the report
§ AccuScience Laboratories
§ Anresco Labs
§ CDX Analytics
§ Coastal Analytical
§ Eurofins Scientific
§ EVIO Labs
§ FoodChain ID
§ LGC
§ Medicine Creek Analytics
§ SGS
§ Tentamus
To
view more details on this report, click on the link:
https://www.rootsanalysis.com/reports/cannabis-testing-market.html
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About Roots Analysis
Roots
Analysis is a global leader in the pharma /
biotech market research. Having worked with over 750 clients worldwide,
including Fortune 500 companies, start-ups, academia, venture capitalists and
strategic investors for more than a decade, we offer a highly analytical /
data-driven perspective to a network of over 450,000 senior industry
stakeholders looking for credible market insights.
Learn more about Roots Analysis
consulting services:
Connect with our Roots
Analysis Consulting team: For your custom research exclusive best-in-class
quality projects
Contact:
Ben Johnson
+1 (415) 800 3415
Ben.johnson@rootsanalysis.com
#CannabisTestingMarket#CannabisTestingMarketSize #cannabistesting #cannabistestingmarket #marijuanatesting
August 31, 2023
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