Cannabis Testing

Global Market Trajectory & Analytics

MCP10871

EXECUTIVE ENGAGEMENTS

POOL

1722
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

312
Interactions with Platform & by Email

PARTICIPANTS

69
Unique # Participated

VALIDATIONS

13
Responses Validated*

COMPANIES

32
Responses Validated*
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DATE

APR 2021

TABLES

54

PAGES

116

EDITION

7

PRICE

USD 4950

CODE

MCP10871


COMPETITIVE METRICS

COMPANY

D S N T

% *

2 River Labs

AB Sciex LLC

Accelerated Technology Laboratories, Inc.

Adastra Labs Holdings Limited

Agilent Technologies, Inc.

Apollo Applied Research Inc.

BlueSky Organics Corp.

Bluey Technologies Pty Limited

BOL (Breath Of Life) Pharma

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HIGHLIGHTS & REPORT INDEX

Amid the COVID-19 crisis, the global market for Cannabis Testing estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at aCAGR of 9.6% over the period 2020-2027. Products, one of the segments analyzed in the report, is projected to record 8.7% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software (Cannabis LIMS) segment is readjusted to a revised 11.2% CAGR for the next 7-year period.
The Cannabis Testing market in the U.S. is estimated at US$314.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$349.5 Million by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.7% and 7.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.

SELECT PLAYERS

PerkinElmer, Inc.; PharmLabs LLC.; Restek Corporation; SC Laboratories, Inc.; Shimadzu Corporation; Steep Hill Labs, Inc; Waters Corporation; AB Sciex LLC; Accelerated Technology Laboratories, Inc.; Agilent Technologies, Inc.; Digipath Inc.; Merck KGaA

SEGMENTS

» Products & Software (Products, Software (Cannabis LIMS))

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Cannabis Testing: An Essential Aspect of Legal Cannabis Industry
TABLE: Global Cannabis Testing Market: Percentage Breakdown of Sales by Products for 2019
Chromatography: The Most Common Type of Technology in Use for Cannabis Testing
Potency Testing Leads the Global Cannabis Testing Market
Laboratories End-Use Segment Captures the Maximum Share of Market
TABLE: Global Cannabis Testing Market: Percentage Breakdown of Sales by End-User for 2019 and 2025
US Emerges as the Largest Regional Market for Cannabis Testing
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
With the Number of Countries Legalizing Cannabis on the Rise, Expanding Legal Cannabis Market Drives Demand for Cannabis Testing
TABLE: Global Market for Legal Marijuana in US$ Billion for the Years 2019, 2021, 2023 and 2025
Growing Use of Cannabis for Treatment of Serious Medical Conditions Drives Demand for Cannabis Testing to Assess Product Quality
List of Countries Where Medical Marijuana is Legal
TABLE: Global Legal Medical Marijuana Market: Percentage Breakdown of Revenues by Application for 2019
Legalization of Recreational Cannabis: Growth Prospects for Cannabis Testing
Advent of Luxury Cannabis Products Fuels Need for Cannabis Testing
Increasing Use of LIMS in Cannabis Testing Labs: A Major Area of Growth
Cloud-enabled LIMS Systems Reduce Manual Workloads and Improve Lab Productivity
LIMS Systems and Software Enable Automated Cannabis Testing Processes
Managing Cannabis Testing Workflows with LIMS System
Cannabis Testing Labs Use LIMS Systems to Achieve ISO 17025 Compliance
Rising Significance of Chromatography in Cannabis Testing
Increase in Cannabis Testing Labs and Awareness Programs to Educate People in Developed Economies: A Major Growth Opportunity
List of Cannabis Testing Labs in Select Countries/US States
An Insight into Automated Cannabis Testing Market
Focus on R&D Development and Need for Cannabis Testing Labs Drives Growth
Challenges Confronting Cannabis Testing Market
Lack of Standardization for Cannabis Testing
Compliance Challenges Plague Cannabis Testing Space
High Investments to Set Up Testing Labs and High Cost of Analytical Instruments & Tests
Shortage of Trained Lab Professionals for Cannabis Testing
Innovations, Advantages & Research Studies
Improving Efficiency of Cannabis Product Testing
UBC Researchers Develop New Method to Measure Phytocannabinoids
Development of Suitable Sample Prep Techniques for Cannabis Testing Market
Gemmacert Develops Home Kit for Cannabis Testing
PRODUCT OVERVIEW
What is Cannabis?
Cannabis Testing
Cannabis Product Testing
Cannabis Drug Testing
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Cannabis Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Cannabis Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Cannabis Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
World Current & Future Analysis for Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Software (Cannabis LIMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Software (Cannabis LIMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Software (Cannabis LIMS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
UNITED STATES
Cannabis Testing Market: Poised for Growth
TABLE: Cannabis Testing Market in the US: Percentage Breakdown of Sales by Technology for 2019 and 2025
Surging Market for Legal Cannabis Drives Demand for Cannabis Testing in the US
TABLE: Legal Marijuana Market in the US: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
With Legalization of Cannabis, Employers and Companies in a Dilemma over Employee Testing
Continuous Increase in Failure Rates Drives Need for Cannabis Testing
Lack of Standard Rules and Regulations Presents a Challenge for Cannabis Testing Market
Weak Testing Systems and Labs Impact Market Growth
Tight Job Market Compels Companies to Not Undertake Cannabis Testing for Employees
Los Angeles Home to Growing Number of Cannabis Testing Facilities
USA Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
CANADA
Canada Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Canada 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
JAPAN
Japan Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Japan 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
CHINA
China’s Emerging Medicinal Cannabis Market: Testing Market to Benefit
China Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
China Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
China 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
EUROPE
Booming Legal Cannabis Market Propels Demand for Cannabis Testing in Europe
TABLE: European Cannabis Market: Breakdown of Projected Market Value by Medicinal and Recreational Cannabis Segments for 2028
Potential Role in Clinical Applications to Drive Market Growth
Lack of Regulatory Standards Compels NGOs to Take Up Testing
Europe Current & Future Analysis for Cannabis Testing by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Europe Historic Review for Cannabis Testing by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Cannabis Testing by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2020 & 2027
Europe Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
FRANCE
France Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
France Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
France 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
GERMANY
As Europe’s Largest Medical Cannabis Market, Germany Holds Tremendous Potential for Cannabis Testing
TABLE: German Cannabis Testing Market: Percentage Breakdown of Sales by Technology for 2019
Germany Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Germany 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
ITALY
Italy Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Italy 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
ASIA-PACIFIC
Cannabis Legalization Bodes Well for Cannabis Testing Market in Asia-Pacific
Growing Medical Cannabis Market: A Tremendous Opportunity for Cannabis Testing Market
TABLE: Legal Status of Medical Cannabis in Select Asian Countries
Asia-Pacific Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
REST OF WORLD
High Growth Potential for Medical Cannabis in Latin America to Prove Promising for Cannabis Testing Market
TABLE: Legal Cannabis Market Value in $ Billion in Latin America for the Years 2019, 2021, 2023 and 2025
Rest of World Current & Future Analysis for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Cannabis Testing by Products & Software - Products and Software (Cannabis LIMS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of World 15-Year Perspective for Cannabis Testing by Products & Software - Percentage Breakdown of Value Sales for Products and Software (Cannabis LIMS) for the Years 2012, 2020 & 2027
Total Companies Profiled: 32

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